Wuxi Lead Intelligent Equipment Co.Ltd(300450)
Independent directors’ opinions on the 10th meeting of the 4th board of directors
Independent opinions on relevant matters
In accordance with the Shenzhen Stock Exchange GEM Listing Rules, Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 2 – standardized operation of GEM listed companies, rules for independent directors of listed companies, articles of association, working system of independent directors and other relevant laws, regulations and rules, As an independent director of Wuxi Lead Intelligent Equipment Co.Ltd(300450) (hereinafter referred to as “the company” or ” Wuxi Lead Intelligent Equipment Co.Ltd(300450) “), we attended the 10th meeting of the 4th board of directors held by the company. After careful analysis, we expressed the following independent opinions on relevant matters of the meeting:
1、 Independent opinions on the prediction of the company’s daily connected transactions in 2022
We believe that this day-to-day connected transaction is expected to be required by the company’s daily operation. The pricing is fair and meets the needs of the company’s operation and development. It will not have an adverse impact on the company’s financial and operating conditions, damage the interests of the company and minority shareholders, or affect the independence of the company. Therefore, we agree to the relevant proposal and agree to submit it to the general meeting of shareholders of the company for deliberation.
2、 Independent opinions on the company and its subsidiaries using idle self owned funds to purchase financial products
The company and its subsidiaries use idle self owned funds to purchase low-risk investment products with high safety and good liquidity under the condition of ensuring that the normal operation of the company and its subsidiaries is not affected, which is conducive to improving the efficiency of fund use, so as to better maintain and increase the value of the company’s funds and safeguard the interests of all shareholders of the company; It is agreed that the company and its subsidiaries use idle self owned funds with a maximum amount of no more than 2.8 billion yuan to purchase financial products for low-risk investment products. The funds within the above maximum amount can be used on a rolling basis.
3、 Independent opinions on providing guarantee for wholly-owned subsidiaries to apply for bank credit
The guaranteed object is the wholly-owned subsidiary of the company. The company has absolute control over it, and the financial risk is within the scope of effective control. The guarantee provided by the company will not damage the interests of the company and shareholders. This guarantee is in line with the actual business needs of the company and will not have an adverse impact on the normal operation and business development of the company; The contents and decision-making procedures of this guarantee comply with the requirements of relevant laws and regulations such as the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on the gem and the Listing Rules of GEM stocks of Shenzhen Stock Exchange. The company has fulfilled the obligation of information disclosure in accordance with the law and safeguarded the interests of all shareholders. We unanimously agree that the company will provide guarantee for the wholly-owned subsidiary’s application for bank credit.
4、 Independent opinions on carrying out forward foreign exchange settlement and sales business
In order to lock in costs, reduce some exchange gains and losses, reduce financial expenses and make the company focus on production and operation, the company and its subsidiaries decided to carry out forward foreign exchange settlement and sales business with banks for exchange hedging, so as to reduce costs and operational risks. This item complies with the requirements of relevant laws and regulations, normative documents, articles of association and relevant systems, and the review procedure is legal and effective. The company has conducted a strict internal evaluation for the operation of long-term foreign exchange settlement and sales business, and established a corresponding supervision mechanism, which can effectively control risks, meet the interests of the company and all shareholders, and is conducive to the long-term development of the company. Therefore, the independent directors agreed to the proposal on carrying out long-term foreign exchange settlement and sales business and submitted it to the general meeting of shareholders of the company for deliberation.
5、 Independent opinions on repurchase and cancellation of some restricted shares
After verification, the matters related to the repurchase and cancellation of some restricted shares of the company comply with the relevant laws and regulations such as the measures for the administration of equity incentive of listed companies and the relevant provisions of the company’s 2018 restricted stock incentive plan (Draft). The repurchase procedures, quantity and price are legal and compliant, which will not affect the continuous operation of the company or damage the interests of the company and all shareholders. Therefore, the company agrees to repurchase and cancel some restricted shares this time.
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(there is no text on this page, which is the signature page of Wuxi Lead Intelligent Equipment Co.Ltd(300450) independent directors’ independent opinions on matters related to the 10th meeting of the Fourth Board of directors)
Signature of independent director:
Zhang Mingyan, sun Qinglong, Zhao Kangyu
specific date
