Securities code: 003002 securities abbreviation: Shanxi Huhua Group Co.Ltd(003002) Announcement No.: 2022-006 Shanxi Huhua Group Co.Ltd(003002)
Announcement on the progress of using some idle raised funds for cash management
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Shanxi Huhua Group Co.Ltd(003002) (hereinafter referred to as "the company") held the 22nd Meeting of the third board of directors and the 15th meeting of the third board of supervisors on September 22, 2021, and the third extraordinary general meeting of shareholders in 2021 on October 13, 2021. The proposal on using idle raised funds for cash management was deliberated and adopted, It is agreed that within 12 months from the date of deliberation and approval by the general meeting of shareholders, the company will use idle raised funds of no more than RMB 250 million for cash management, and the agreed deposits, structured deposits, large certificates of deposit, principal guaranteed bank financial products with high investment safety, Principal Guaranteed commitment, good liquidity and single product investment period of no more than 12 months. For details, please refer to Securities Daily, securities times, Shanghai Securities News, China Securities News and cninfo.com on September 23, 2021 and October 14, 2021（ http://www.cn.info.com.cn. ）Relevant announcements of disclosure.
1、 Progress of cash management using some idle raised funds this time
Recently, the company used some idle raised funds to subscribe for the following financial products from banks:
Subscription fund
Product name of sequential entrustment trustee product start and end date amount annualized rate of return No. party type (10000 yuan)
2022/2/7
Public Bank Of Communications Co.Ltd(601328) share structure
1 Company Limited 7-day cycle bearish, Monday deposit to 5100.00, 1.35% - 2.05%
Redeem at any time
2022/1/28
Bearish structure of public China Merchants Bank Co.Ltd(600036) shares China Merchants Bank Co.Ltd(600036) dianjin series
The 31 day structural deposit of the third floor of division 2 Co., Ltd. to 14300.00 1.48% - 3.2%
2022/2/28
2022/1/26
Public China China Construction Bank Corporation(601939) structure
Company 3 Co., Ltd. unit call deposit to 3500.00 1.85%
paragraph
Redeem at any time
Description of association relationship: the company has no association relationship with Bank Of Communications Co.Ltd(601328) , China Merchants Bank Co.Ltd(600036) , China Construction Bank Corporation(601939) .
2、 Investment risk and risk control measures
(I) investment risk analysis
Although the varieties invested by the company with idle raised funds are agreement deposits, structured deposits, large certificates of deposit, principal guaranteed bank financial products and other varieties with high safety, principal guaranteed commitment, good liquidity, and the investment period of a single product does not exceed 12 months, and the investment products shall not be pledged, which belong to low-risk investment varieties. However, the financial market is greatly affected by the macro-economy. The company will intervene appropriately and timely according to the economic situation and changes in the financial market, but the risk that the investment is affected by market fluctuations and the actual income is unpredictable is not ruled out. (II) risk control measures taken by the company for investment risks
1. The company uses idle raised funds for cash management. It is only allowed to trade with financial institutions with legal business qualifications. It can only buy agreement deposits, structured deposits, large certificates of deposit, principal guaranteed bank financial products and other varieties, and is not allowed to trade with informal institutions. Trading must set up an investment product account in the name of the company, and it is not allowed to use the account of others to operate investment products. Investment products shall not be pledged. If a special settlement account for products is opened or cancelled, the company shall timely report to Shenzhen stock exchange for filing and announcement.
2. The finance department and the internal audit department of the company will timely analyze and track the investment direction of investment products and project progress of cash management. If the evaluation finds that there are risk factors that may affect the safety of funds, they will take corresponding measures in time to control investment risks.
3. The internal audit department of the company is responsible for auditing and supervising the use and custody of funds in this cash management, and evaluating the possible risks.
4. Independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and can hire professional institutions to audit when necessary.
5. The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
3、 Impact of this cash management event on the company
The company's use of idle raised funds for cash management this time is implemented on the premise of ensuring the funds required by the company's raised investment projects and ensuring the safety of the raised funds. There is no disguised change in the purpose of the raised funds, which will not affect the normal turnover needs of the company's daily funds and the normal operation of the raised funds projects, nor will it affect the company's ability to maintain and increase the value of the funds, Improve the overall performance of the company to maximize the interests of the company and shareholders.
4、 Situation of the company and its wholly-owned subsidiaries using idle raised funds for cash management within 12 months before the announcement date
The actual loss of the entrusted subscription fund is the entrusted party's product name, the starting and ending date of the product, and the annualized rate of return
Party type (10000 yuan) (10000 yuan)
2022/2/7
Public Bank Of Communications Co.Ltd(601328) structure
Division 1 Co., Ltd. has a 7-day cycle of bearish and Monday deposits to 5100.00, 1.35% - 2.05% of the outstanding company funds
Redeem at any time
2022/1/28
Structure of China Merchants Bank Co.Ltd(600036) China Merchants Bank Co.Ltd(600036) public gold series
Division 2 Co., Ltd. fell three-tier range, with 31 day structural deposits to 143,00.00, 1.48% - 3.2% of undue corporate deposits
2022/2/28
2022/1/26
Public China construction structure
3. The bank's joint-stock units of the company deposit to 3500.00 1.85% of the unexpired limited company funds
Redeem at any time
2021/10/20
Public China Merchants Bank Co.Ltd(600036) structure
Division 4 Co., Ltd. bullish three-tier 61D deposit to 5000.00 1.25% - 3.15% 24.65 company funds
2021/12/20
2021/10/15
Structure of China Merchants Bank Co.Ltd(600036) China Merchants Bank Co.Ltd(600036) public gold series
Division 5 Co., Ltd. fell three-tier range, and the 60 day structured deposit reached 9000.00, 1.25% - 3.15% and 43.64% of corporate deposits
2021/12/14
2021/7/16
Public Bank Of Communications Co.Ltd(601328) Bank Of Communications Co.Ltd(601328) Yuntong wealth structure
6 company limited term structured deposits 73% to 9000.00 1.35% - 3.00% 54
Company (pegged exchange rate bearish)
2021/9/27
2021/7/16
Structural structure of public China Merchants Bank Co.Ltd(600036) China Merchants Bank Co.Ltd(600036) units
Company 7 Co., Ltd. deposits to 5000.00 1.30% - 3.35% 41.76 company funds
2021/10/15
Public China Construction China China Construction Bank Corporation(601939) "Shanxi structure 2021 / 5 / 25
8 division Bank Co., Ltd. "provincial customized" unit structured deposit 3500.00 1.54% - 3.10% 24.68 limited company deposit 2020 7th installment to
2021/8/25
2021/6/7
