Suzhou Hengmingda Electronic Technology Co.Ltd(002947)
Independent opinions of independent directors on matters related to the 23rd Meeting of the second board of directors
In accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the guiding opinions on the establishment of independent director system in listed companies and other relevant laws, regulations, normative documents and the articles of association, we, as independent directors of Suzhou Hengmingda Electronic Technology Co.Ltd(002947) (hereinafter referred to as the “company”), based on the principle of prudence and independent judgment, After reviewing the relevant matters of the 23rd Meeting of the second board of directors of the company, we hereby express the following opinions: (I) independent opinions on the use of idle raised funds for cash management:
On the premise of not affecting the normal progress of the investment plan of the raised funds and ensuring the safety of the raised funds, the idle raised funds of no more than RMB 60 million shall be used for continuous cash management, and the service life shall not exceed 12 months, which shall comply with the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange According to the relevant provisions of the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies and the company’s measures for the management of raised funds, there is no act of changing the purpose of raised funds in a disguised form, which will not affect the use of raised funds and harm the interests of minority shareholders. We agree to the proposal that the company use idle raised funds for cash management, and agree to submit it to the first extraordinary general meeting of shareholders in 2022 for deliberation.
(II) independent opinions on cash management using part of its own funds:
Without affecting the company’s normal production and operation activities and investment needs, the company uses no more than RMB 500 million to purchase financial products or structured deposits with low risk, high liquidity and safe principal, which is conducive to improving the use efficiency of funds and does not damage the interests of minority shareholders, Relevant review procedures comply with the articles of association and relevant laws and regulations. We unanimously agree to the proposal that the company use part of its own funds for cash management, and agree to submit it to the first extraordinary general meeting of shareholders in 2022 for deliberation.
(III) independent opinions on the extension of some investment projects with raised funds:
Through strict review, we believe that the delay of some of the company’s investment projects with raised funds is a reasonable delay made by the company according to the actual implementation of the investment projects with raised funds, there is no substantive change to the investment projects with raised funds, and there is no situation damaging the interests of shareholders. The decision-making procedures of the board of directors on relevant matters comply with the relevant laws, regulations and the articles of association of listed companies on the use of raised funds of listed companies by CSRC and Shenzhen Stock Exchange.
Suzhou Hengmingda Electronic Technology Co.Ltd(002947) independent director: Xu Caiying, Cao Zheng, Hu Youchun January 21, 2022
