Securities code: 300552 securities abbreviation: Vanjee Technology Co.Ltd(300552) Announcement No.: 2022-020 Vanjee Technology Co.Ltd(300552)
Announcement on using part of self owned funds for cash management in 2022
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.
In order to improve the use efficiency of funds, Vanjee Technology Co.Ltd(300552) (hereinafter referred to as "the company", "the company" or " Vanjee Technology Co.Ltd(300552) ") deliberated and adopted the proposal on using part of its own funds for cash management in 2022 at the 18th meeting of the 4th board of directors and the 15th meeting of the 4th board of supervisors held on January 27, 2022, It is agreed that the company (including branches) will use its own funds of no more than RMB 800 million (including RMB 800 million) for cash management and investment in financial products in 2022, so as to improve the use efficiency of the company's funds and make rational use of its own funds. This matter does not need to be submitted to the general meeting of shareholders for deliberation. The service life is from the date of deliberation and approval by the board of directors to January 31, 2023. Within the above limit, the funds can be used in a rolling manner. The amount of this investment includes the amount of products that have been invested but have not yet expired. The details are as follows:
1、 Cash management using part of its own funds this time
1. Investment purpose
In order to improve the use efficiency of funds and make rational use of self owned funds, some self owned funds are used to purchase financial products without affecting the normal operation of the company, so as to increase the income of the company.
2. Investment quota and capital source
The cash management amount of the company (including branches) in 2022 is no more than 800 million yuan (including 800 million yuan), and the source of funds is part of the company's own funds. Within the above limit, the funds can be used in a rolling manner within the validity period of the resolution of the board of directors. The amount of this investment includes the amount of products that have been invested but have not yet expired.
3. Investment varieties
(1) Fixed income, floating income and principal guaranteed financial products;
(2) Entrusted financial management: entrust commercial banks, trust companies, asset management companies, securities companies, fund companies, insurance companies, financial asset investment companies, private fund managers and other professional financial institutions to carry out investment and financial management, including bank financial products, trust plans of trust companies, asset management plans of asset management companies, securities companies, fund companies Various products issued by insurance companies, financial asset investment companies and private fund managers.
(3) Securities investment, including placement or subscription of new shares, securities repurchase, investment in stocks and depositary receipts, bond investment and other investment activities recognized by Shenzhen Stock Exchange.
4. Investment period
The term of use is from the date of deliberation and approval by the board of directors to January 31, 2023. During this term of validity, the investment term of a single financial product purchased by the company with its own funds shall not exceed 12 months (including), which shall be used in rolling within the authorized limit.
5. Implementation mode
Within the validity period and limit of the resolution, the board of directors shall authorize the chairman to exercise relevant decision-making power and sign contract documents, including but not limited to selecting qualified issuers of financial products, determining financial amount, selecting financial products, signing relevant contracts or agreements, etc. The financial department of the company is responsible for organizing and implementing cash management activities.
6. Information disclosure
The company will timely fulfill the obligation of information disclosure in accordance with the requirements of relevant rules such as the Listing Rules of gem shares of Shenzhen Stock Exchange and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 - standardized operation of listed companies on GEM.
7. Association description
The trustee of the financial products to be purchased by the company will be banks, securities, insurance and other formal financial institutions, which have no relationship with the company.
2、 Investment risk analysis and risk control measures
The company's use of its own funds for cash management and investment in financial products may be affected by various risk factors (including but not limited to market risk, liquidity risk, inflation risk, policy risk and force majeure). For possible investment risks, the company proposes the following measures:
1. The financial department of the company will timely analyze and track the investment direction of cash management products and project progress. If adverse factors are found or judged, corresponding measures will be taken in time to control investment risks;
2. The Audit Department of the company is the supervision department for the cash management of its own funds, which audits and supervises the cash management business of the company;
3. The company's independent directors and the board of supervisors have the right to supervise and inspect the use of the company's own funds and cash management;
4. The company will do a good job of relevant information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
3、 Impact on the company's operation
On the premise of ensuring the daily operation capital demand and capital safety, the purchase of financial products by the company will not affect the normal needs of the company's daily capital turnover and the normal development of the company's main business. At the same time, it can improve the capital use efficiency, increase the company's income and create more investment income for the company and all shareholders.
4、 Review procedure
1. Deliberations of the board of directors
The company held the 18th meeting of the 4th board of directors on January 27, 2022. The meeting deliberated and approved the proposal on using part of its own funds for cash management in 2022, and agreed that the company (including branches) would use its own funds of no more than 800 million yuan (including 800 million yuan) for cash management and invest in financial products in 2022, so as to improve the efficiency of the company's use of funds Make rational use of its own funds. The service life is from the date of deliberation and approval by the board of directors to January 31, 2023. Within the above limit, the funds can be used on a rolling basis. The amount of this investment includes the amount of products that have been invested but have not yet expired.
2. Deliberation of the board of supervisors
The company held the 15th meeting of the 4th board of supervisors on January 27, 2022. The meeting deliberated and approved the proposal on using part of its own funds for cash management in 2022. The board of supervisors held that the amount of cash management using part of its own funds in 2022 should not exceed RMB 800 million (including RMB 800 million). Investing in financial products is conducive to improving the efficiency of the company's capital use, Increasing economic benefits will not affect the normal development of the company's main business, and there is no damage to the interests of the company and minority shareholders, which is in line with the relevant provisions of Shenzhen Stock Exchange.
3. Opinions of independent directors
In order to improve the use efficiency of funds, the company (including branches) uses its own funds to purchase financial products without affecting the company's daily operation capital demand and capital safety, which is conducive to improving the use efficiency of funds and increasing investment income, will not have an adverse impact on the company's business activities, and will not damage the interests of the company and all shareholders, especially small and medium-sized shareholders, In line with the interests of the company and all shareholders. Therefore, it is agreed that the company (including branches) will use some of its own funds for cash management in 2022, and the amount will not exceed 800 million yuan (including 800 million yuan) to purchase financial products. Within the above amount, the funds can be used on a rolling basis.
5、 Documents for future reference
1. Resolutions of Vanjee Technology Co.Ltd(300552) the 18th meeting of the 4th board of directors;
2. Resolutions of the Vanjee Technology Co.Ltd(300552) 15th meeting of the 4th board of supervisors;
3. Independent opinions of Vanjee Technology Co.Ltd(300552) independent directors on relevant matters.
It is hereby announced.
Vanjee Technology Co.Ltd(300552) board of directors January 28, 2022
