Hunan Copote Science Technology Co.Ltd(600476)
Independent opinions of independent directors
Hunan Copote Science Technology Co.Ltd(600476) the 16th meeting of the seventh board of directors deliberated and adopted the proposal on the debt repayment scheme of the debtor of the company with goods. In accordance with the company law, the guiding opinions on the establishment of independent director system in listed companies, the stock listing rules of Shanghai Stock Exchange, the articles of association and other relevant provisions, Mr. Li menggang, the independent director of the company, did not attend the board of directors and did not express his opinions because he had submitted his resignation report. The independent directors of the company, Mr. Zhang Hongliang and Mr. Wei Xianhua, expressed their independent opinions on the above matters as follows:
This debt repayment in kind is a feasible solution formulated in combination with the actual situation to solve the problems left over by history as soon as possible; When the board of directors deliberated on the proposal of paying debts in kind, the voting procedures were in line with the provisions of the law and the articles of Association; The price of the debt paying assets is calculated based on the assessed value of the asset appraisal institution, and the price is fair and reasonable. We believe that this debt repayment in kind follows the principle of “openness, fairness and impartiality” and complies with the provisions of the company law, the securities law and other relevant laws and regulations and the articles of association. The transaction price of debt in kind is objective and fair, and there is no situation that damages the interests of the company and minority shareholders.
Declarant:
Zhang Hongliang, Wei Xianhua
January 21, 2002
