Xinjiang Tianfu Energy Co.Ltd(600509)
Prior approval letter of independent directors on related party transactions
Xinjiang Tianfu Energy Co.Ltd(600509) board of directors:
As an independent director of Xinjiang Tianfu Energy Co.Ltd(600509) (hereinafter referred to as “the company”), we have fully understood the related party transactions involved in the proposal to be considered at the 12th meeting of the seventh board of directors in advance. After careful review, we believe that:
1. Proposal on acquisition of assets and related party transactions of related party Xinjiang Tianfu Group Co., Ltd. rural power grid reconstruction project.
The related parties in the above connected transactions are Xinjiang Tianfu Group Co., Ltd. (hereinafter referred to as “Tianfu group”), the controlling shareholder of the company, and the related objects are the physical assets involved in the 2020 special transformer and low-voltage lighting transformation project for the users of the eighth division group and the remote centralized reading transformation project for the low-voltage users in the towns of each group of the eighth division held by Tianfu group; The transaction price is 88.3948 million yuan. The transaction price takes December 31, 2021 as the evaluation base date, adopts the cost method, and is determined by both parties through negotiation. It follows the principles of fairness, openness and impartiality, and does not harm the interests of shareholders and investors.
We agree to submit the above proposal to the 12th meeting of the 7th board of directors for deliberation.
(there is no text on this page, which is the signature page of the prior approval letter of independent directors on Xinjiang Tianfu Energy Co.Ltd(600509) related party transactions) signature of the independent director:
Wang Shicun, Chen Jianguo
Yi Qian
