Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) independent director
Independent opinions on matters related to the 25th meeting of the 5th board of directors in accordance with the guiding opinions on the establishment of independent director system in listed companies, self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of main board listed companies, articles of association, rules of procedure for independent directors and other relevant provisions, As an independent director of the 5th board of directors of Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) (hereinafter referred to as “the company”), we have carefully reviewed the relevant proposals considered at the 25th meeting of the 5th board of directors based on the principles of objectivity, impartiality and prudence. Based on our independent judgment, we hereby express the following independent opinions on the relevant matters of the 25th meeting of the 5th board of directors:
1、 The independent directors expressed their independent opinions on the company’s use of some idle raised funds to temporarily supplement working capital as follows:
1. The company and its subsidiaries use some idle raised funds to temporarily supplement working capital, which is conducive to improving the use efficiency of raised funds, saving the company’s financial expenses and creating greater benefits for the company and its shareholders.
2. The company and its subsidiaries have temporarily supplemented some idle raised funds with working capital, and have fulfilled the necessary examination and approval procedures, which comply with the relevant provisions of the regulatory guidelines for listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies, and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board.
3. After review, the use of the idle raised funds will not affect the normal implementation of the investment projects of the raised funds, nor will it change the investment direction of the raised funds in a disguised form and damage the interests of small and medium-sized investors.
To sum up, we agree that the company and its subsidiaries use the idle raised funds from the public issuance of convertible corporate bonds in 2019 not more than 400 million yuan (including this amount) to temporarily supplement the working capital, and the service life shall not exceed 12 months from the date of approval by the board of directors.
2、 The independent directors expressed their independent opinions on the company’s use of some temporarily idle raised funds for cash management as follows:
At present, the company is in good operation and stable financial condition. On the premise of ensuring the normal implementation of the use plan of the company’s raised funds, the company and its subsidiaries use the idle raised funds of no more than 800 million yuan (including principal) from the public issuance of convertible corporate bonds in 2019 for cash management. Purchasing principal guaranteed financial products from commercial banks and other financial institutions will help to improve the use efficiency of the company’s funds, increase capital income and obtain good investment return on the basis of risk control. The use of the above funds will not affect the normal development of the company’s raised investment projects, which is in line with the interests of the company and does not damage the interests of the company and all shareholders, especially minority shareholders. Therefore, we agree that the company and its subsidiaries use some temporarily idle raised funds for cash management.
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(there is no text on this page, which is the signature page of Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) independent directors’ independent opinions on matters related to the 25th meeting of the Fifth Board of directors) signed by the independent directors:
Huang Qizhong, Liu Ruiqing, Hu Liufen
January 18, 2002
