Documents of the 31st session of the ninth board of directors
Meihua Holdings Group Co.Ltd(600873) independent director
Opinions on repurchase of shares of the company by means of centralized bidding transaction
As an independent director of Meihua Holdings Group Co.Ltd(600873) (hereinafter referred to as “the company”), in accordance with the requirements of the rules for independent directors of listed companies and the articles of association, we express the following opinions based on our independent judgment on the proposal on repurchase of shares of the company by means of centralized bidding transaction deliberated at the 31st meeting of the ninth board of directors of the company:
1. The share repurchase plan complies with the provisions of laws and regulations such as the rules for share repurchase of listed companies and the guidelines for self discipline supervision of listed companies of Shanghai Stock Exchange No. 7 – share repurchase, and the convening, attendance and voting procedures of the board meeting comply with the company law, the articles of association and other relevant provisions.
2. The implementation of the company’s share repurchase is conducive to enhancing investors’ confidence in the company’s future development and enhancing the recognition of the company’s value. The company’s share repurchase is necessary.
3. The total amount of funds for this repurchase shall not be less than 80 million yuan (inclusive) and not more than 1 million yuan (inclusive), and the source of funds shall be self owned funds. This repurchase will not have a significant impact on the company’s operation, finance and future development, and will not affect the company’s listing status. The company’s share repurchase plan is feasible. 4. This repurchase is implemented in the form of centralized bidding, and there is no situation that damages the interests of the company and all shareholders, especially minority shareholders.
To sum up, we believe that the company’s share repurchase is legal and compliant, both necessary and feasible, and in line with the interests of the company and all shareholders. (no text below)
Documents of the 31st session of the ninth board of directors
There is no text on this page, which is the signature page of Meihua Holdings Group Co.Ltd(600873) independent directors’ opinions on repurchasing the company’s shares by means of centralized bidding transaction
independent director:
Guo Chunming:
Luo Qinghua:
May 22, 2002
