Shenzhen Riland Industry Group Co.Ltd(300154)
Independent directors’ comments on the 6th meeting of the 5th board of directors of the company
Independent opinions on relevant matters
As an independent director of the company in accordance with laws, regulations and normative documents such as self regulatory guidelines for listed companies No. 2 – standardized operation of companies listed on the gem, listing rules of Shenzhen Stock Exchange on the gem, the articles of association of Shenzhen Riland Industry Group Co.Ltd(300154) (hereinafter referred to as ” Shenzhen Riland Industry Group Co.Ltd(300154) ” or “the company”), working system of independent directors and other relevant provisions of the company, We express the following independent opinions on the matters related to the proposal considered at the sixth meeting of the Fifth Board of directors of the company:
1、 Independent opinions on continuing to use some idle raised funds for cash management
After review, we believe that:
Without affecting the normal operation of the company, the construction of raised investment projects and the normal use of raised funds, continue to use the idle raised funds (over raised funds) with a maximum amount of no more than RMB 639 million for cash management, which is conducive to improving the use efficiency of raised funds, there is no behavior of changing the purpose of raised funds in a disguised manner, and there is no damage to the company and all shareholders, Especially the interests of minority shareholders. The continued use of idle raised funds (over raised funds) for cash management has fulfilled the necessary legal procedures, and is in line with the relevant provisions of the Shenzhen Stock Exchange gem stock listing rules, the guidelines for self discipline supervision of listed companies No. 2 – standardized operation of GEM listed companies and the articles of association.
Therefore, the independent directors agree that the company will continue to use the idle raised funds (over raised funds) with a maximum amount of no more than RMB 639 million for cash management.
2、 Independent opinions on using some idle self owned funds for entrusted financial management
After review, we believe that:
1. The proposal on using some idle self owned funds for entrusted financial management has been deliberated and adopted at the 6th meeting of the 5th board of directors of the company, and the board of supervisors has expressed its consent.
2. The company’s internal control system is relatively perfect, with sound internal control measures and systems, and the safety of funds can be guaranteed. 3. On the premise of not affecting the normal operation of the company, the company and its holding subsidiaries use some idle self owned funds for entrusted financial management, which can improve the use efficiency and income of the company’s funds, will not adversely affect the company’s production and operation activities, and is in line with the interests of the company, its holding subsidiaries and all shareholders.
3、 Independent opinions on using some idle self owned funds for securities investment
After review, we believe that:
1. The proposal on using some idle self owned funds for securities investment has been deliberated and adopted at the 6th meeting of the 5th board of directors of the company, and the board of supervisors has expressed its consent.
2. The company has formulated the securities investment management system. The internal control system is relatively perfect, the internal control measures and systems are sound, and the safety of funds can be guaranteed.
3. Under the premise of not affecting the normal operation of the company, the company and its holding subsidiaries use some idle self owned funds for securities investment, which can improve the use efficiency and income of the company’s funds, will not adversely affect the company’s production and operation activities, and is in line with the interests of the company, its holding subsidiaries and all shareholders.
4、 Independent opinions on using some idle self owned funds for treasury bond reverse repurchase business
After review, we believe that:
1. The proposal on using some idle self owned funds for treasury bond reverse repurchase business has been deliberated and adopted at the 6th meeting of the 5th board of directors of the company, and the board of supervisors has expressed its consent.
2. The company’s internal control system is relatively perfect, with sound internal control measures and systems, and the safety of funds can be guaranteed. 3. On the premise of not affecting the normal operation of the company, the company and its holding subsidiaries use some idle self owned funds for national debt reverse repurchase business, which can improve the use efficiency and income of the company’s funds, will not adversely affect the company’s production and operation activities, and is in line with the interests of the company, its holding subsidiaries and all shareholders. independent director:
Dong Xiuqin, Li Huan, Huang Gang
January 21, 2002
