Opinions of independent directors
Independent opinions of independent directors on matters related to the 5th extraordinary meeting of the third board of directors
As an independent director of Union Optech Co.Ltd(300691) (hereinafter referred to as the “company”), in accordance with the rules for independent directors of listed companies, the Listing Rules of GEM stocks of Shenzhen Stock Exchange (revised in December 2020), the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on GEM and other relevant laws, regulations and normative documents, In accordance with the relevant provisions of the articles of association, the working system of independent directors and other corporate governance systems of the company, we express the following independent opinions on the relevant matters of the 5th interim meeting of the third board of directors of the company:
1、 Independent opinions on matters related to the use of raised funds to replace self raised funds invested in raised investment projects in advance and paid issuance expenses
After carefully reviewing the proposal on using raised funds to replace self raised funds invested in raised investment projects in advance and paid issuance expenses deliberated at the 5th interim meeting of the third board of directors of the company, we believe that the company’s approval procedures for using raised funds to replace self raised funds invested in raised investment projects in advance and paid issuance expenses are legal and compliant, It does not affect the normal implementation of raised investment projects, nor does it change the investment direction of raised funds in a disguised manner and damage the interests of the company and shareholders. The replacement time of raised funds is less than 6 months from the time of receipt of raised funds, which complies with relevant provisions such as guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies, guidelines for the self discipline supervision of listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on GEM, etc. At the same time, this replacement is conducive to improving the use efficiency of raised funds, meets the needs of the company’s operation and development, and is necessary and reasonable.
Therefore, we agree that the company will use the raised funds to replace the self raised funds and paid issuance expenses of the raised investment projects in advance, totaling 36.8912 million yuan.
2、 Independent opinions on matters related to cash management by wholly owned subsidiaries using part of idle raised funds after careful review of the proposal on cash management by wholly owned subsidiaries using part of idle raised funds considered at the 5th extraordinary meeting of the third board of directors of the company, We believe that Zhongshan United Display Technology Co., Ltd. (hereinafter referred to as “display technology”), a wholly-owned subsidiary of the company, uses some temporarily idle raised funds for cash management, which meets the company’s operating capital needs, helps to improve the use efficiency of the company’s raised funds and reduce the company’s financial costs. The display technology uses some temporarily idle raised funds for cash management, and there is no conflict with the implementation plan of the investment project with raised funds
Opinions of independent directors
It affects the normal progress of the investment projects with raised funds, and there is no situation of changing the investment direction of raised funds in a disguised manner and damaging the interests of shareholders, which is in line with the relevant provisions of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on GEM.
Therefore, we agree that the company’s wholly-owned subsidiary display technology uses some temporarily idle raised funds for cash management.
Union Optech Co.Ltd(300691)
Opinions of independent directors
(there is no text on this page, which is the signature page of Union Optech Co.Ltd(300691) independent directors’ independent opinions on matters related to the 5th extraordinary meeting of the third board of directors.) Signature of independent director:
Liang Shilun, Zhou Jianying
Wu Jianchu
