Sundy Land Investment Co.Ltd(600077) independent director
Independent opinions on matters related to the 34th meeting of the 10th board of directors in accordance with the guiding opinions on the establishment of independent director system in listed companies, the governance standards of listed companies, the stock listing rules of Shanghai Stock Exchange and the articles of Association issued by China Securities Regulatory Commission, we, as independent directors of the company, Express the following independent opinions on relevant matters of the 34th meeting of the 10th board of directors of the company:
(I) independent opinions on extending the duration of employee stock ownership plan in 2016
The extension of the duration of the employee stock ownership plan in 2016 is based on the confidence in the stable development of the company in the future and the judgment of the value of the company’s shares, so as to further safeguard the interests of the holders of the employee stock ownership plan. We agree to the matter.
(II) independent opinions on termination of share repurchase of the company
In order to ensure the stable operation of the company and give priority to the investment of funds in the daily operation of the company, the board of directors of the company decided to terminate the repurchase of shares of the company after careful study. The termination of the repurchase of the company’s shares complies with the provisions of relevant laws and regulations and the articles of association. This matter will not have an adverse impact on the company and small and medium-sized investors, and will not damage the legitimate rights and interests of all shareholders. We agree to terminate the share repurchase.
Independent directors: Hua Min, Du Xingqiang, Zheng Jindu
January 21, 2022
