Securities Announcement No.: 300042 {- 300042}
Announcement on using some over raised funds to purchase bank financial products
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.
Netac Technology Co.Ltd(300042) (hereinafter referred to as "the company") deliberated and adopted the proposal on the continued use of over raised funds and idle raised funds for cash management at the 15th (Interim) meeting of the Fifth Board of directors, the 10th (Interim) meeting of the Fifth Board of supervisors and the third extraordinary general meeting of shareholders in 2021 held on October 27, 2021 and November 15, 2021 respectively, It is decided to continue to use the over raised funds and idle raised funds (including interest and wealth management income) with a limit of no more than 550 million yuan for cash management for the purchase of short-term wealth management products with high safety and good liquidity. Within the above limit, the funds can be used on a rolling basis. The term of this investment authorization is valid within one year from the date of deliberation and approval by the general meeting of shareholders (i.e. November 15, 2021 to November 14, 2022). Independent directors and sponsors of the company have issued clear consent opinions. For details, please refer to the company's announcement on cninfo.com on October 29, 2021（ http://www.cn.info.com.cn./ ）Announcement on continued use of over raised funds and idle raised funds for cash management (Announcement No.: 2021-085).
According to the above resolution, the company used part of the over raised funds of 51 million yuan to purchase the RMB unit structured deposit product of Hua Xia Bank Co.Limited(600015) Shenzhen Branch (hereinafter referred to as " Hua Xia Bank Co.Limited(600015) "). The details are as follows:
1、 Basic information of Hua Xia Bank Co.Limited(600015) RMB unit structured deposits
(I) basic information of this financial product
1. Product Name: RMB unit structured deposit 220058
2. Product Code: dwjgx220058
3. Product risk rating: robust product
4. Product term: 32 days (the actual product term is subject to the early termination clause of the bank)
5. Currency of investment and income: RMB
6. Product nature: Structured Deposit
7. Product income type: principal guaranteed minimum income deposit
8. Raising period: January 26, 2022 to January 26, 2022 (inclusive)
9. Establishment date: January 28, 2022. The income of this product is calculated from the establishment date
10. Settlement date: February 25, 2022. The annualized yield of the product is confirmed on that day
11. Expiration date: March 1, 2022, the product will expire normally; If the product is terminated in advance for some reason, the expiration date shall be subject to the Hua Xia Bank Co.Limited(600015) notice.
12. Observation period: each trading day from the establishment date to the settlement date, including the first and last two days
13. Purchase amount: 51 million yuan
14. Source of funds: some over raised funds of the company
15. Product linked target: gold futures price au2206 of Shanghai Futures Exchange
16. Product structure elements:
(1) . opening price: the closing price of the linked object on the establishment day;
(2) Price on the settlement day: the closing price of the linked object on the settlement day;
(3) 1. Execution price: opening price \uf0b4 100% (rounded to three decimal places according to rounding method);
(4) 2. Execution price: opening price \uf0b4 105% (accurate to three decimal places according to rounding method);
(5) Annual participation rate: 68.00%.
17. Expected annualized rate of return:
According to the performance of product linked targets, the expected annualized rate of return is between 0.65% and 4.05%, and the minimum achievable annualized rate of return is 0.65%:
(1) If the price of the linked object on the settlement date is greater than or equal to the execution price 2, the expected annualized rate of return = 4.05%; (2) If the price of the linked object on the settlement date is between the execution price 1 and the execution price 2, the expected annualized rate of return = 0.65% + ((price on the settlement date - execution price 1) \uf0b8 opening price) \uf0b4 annualized participation rate; (rounded to two decimal places after the percent sign)
(3) If the price of the linked object on the settlement date is less than or equal to the execution price 1, the expected annualized rate of return = 0.65%. 18. Calculation method of expected income:
Expected return = deposit principal \uf0b4 expected annualized rate of return \uf0b4 product term \uf0b8 365 (accurate to two decimal places according to rounding method).
19. Income: the purchase of Hua Xia Bank Co.Limited(600015) RMB unit structured deposit product is expected to bring about 183600 yuan income to the company.
20. The company invested 51 million yuan to purchase Hua Xia Bank Co.Limited(600015) RMB unit structured deposit products, accounting for 4.80% of the company's latest audited net assets.
(II) risk warning of this financial product
According to the instructions for Hua Xia Bank Co.Limited(600015) RMB unit structured deposits, the risks faced by the RMB unit structured deposits mainly include:
1. Principal and income risk: guarantee the deposit principal and the agreed minimum income when the product expires. The deposit income depends on the price change of the linked object. Affected by many factors of the market, the risk of uncertain deposit income is borne by the investors themselves. Investors should have a full understanding of this.
2. Interest rate risk: if the market interest rate rises during the duration of the product, the expected annualized yield of the product will not increase with the rise of the market interest rate.
3. Liquidity risk: unless specified in this specification, investors do not have the right to terminate in advance, which may cause investors to be unable to cash in at any time when they need funds, and may lose other investment opportunities.
4. Investment risk: the actual annualized rate of return of this product depends on the price change of the linked object. The calculation of the rate of return is relatively complex. Affected by many factors of the market, the risk of uncertain income is borne by the investors themselves. Investors should have a full understanding of this. 5. Legal and policy risks: This product is designed for the current relevant regulations and policies. If the national macro policies and relevant market regulations and policies change, it may affect the normal process of product acceptance, investment and repayment, and even reduce the income of the product.
6. Risk of non establishment of products: at the end of the raising period, if the total amount of products raised does not reach the lower limit of the issuance scale; Or major changes have taken place in the market, Hua Xia Bank Co.Limited(600015) is unable to provide the product to investors in accordance with this manual or through its reasonable judgment; If the product cannot be provided to investors in accordance with this manual due to changes in laws, regulations, regulatory provisions and national policies, Hua Xia Bank Co.Limited(600015) has the right to declare that the product is not established.
7. Risk of early termination: in case of major adjustments in national laws and regulations or financial policies that affect the normal operation of the product, or in case Hua Xia Bank Co.Limited(600015) reasonably judges that it is necessary to terminate the product in advance according to the market and investment operation, Hua Xia Bank Co.Limited(600015) has the right to terminate the product in advance, and the investor may not be able to achieve all the expected income at the beginning of the period.
8. Risk of information transmission: investors shall timely inquire about the relevant information of this product in accordance with the methods specified in this manual. If the investor fails to inquire and understand the product information in time, which will affect the investor's investment decision, the resulting responsibilities and risks shall be borne by the investor. In addition, if the effective contact information reserved in Hua Xia Bank Co.Limited(600015) is changed, the investor shall notify Hua Xia Bank Co.Limited(600015) in time. If the investor fails to inform Hua Xia Bank Co.Limited(600015) of the change of contact information in time, Hua Xia Bank Co.Limited(600015) may not be contacted in time when it is necessary to contact the investor, which may affect the investor's investment decision, and the resulting responsibilities and risks shall be borne by the investor.
9. Credit risk: if the issuer of the product invested in this product defaults or other counterparties default, or Hua Xia Bank Co.Limited(600015) is revoked or filed for bankruptcy according to law, the investment income of this product will be affected.
10. Other risks: refers to the reduction or loss of asset income caused by computer system failure, network failure, communication failure and power failure due to force majeure or non Hua Xia Bank Co.Limited(600015) reasons, and even affect the normal process of product acceptance, investment and repayment, and then affect the capital income of products.
2、 Association description
The company has no relationship with Hua Xia Bank Co.Limited(600015) .
3、 Risk control measures
Although the RMB unit structured deposit of Hua Xia Bank Co.Limited(600015) this time belongs to the deposit with guaranteed principal and minimum return and has a low degree of risk, the financial market is greatly affected by the macro-economy, and it is not excluded that the investment is affected by market fluctuations. In view of investment risks, in addition to strictly implementing the company's internal control regulations on foreign investment, in order to effectively prevent investment risks, the company plans to take the following measures: 1. The company will make decisions, manage, inspect and supervise the investment of financial products in strict accordance with the articles of Association, foreign investment management system and other relevant regulations, and strictly control risks, To ensure the safety of funds.
2. Establish a tracking and monitoring mechanism. The chief financial officer of the company is responsible for timely analyzing and tracking the investment direction of entrusted financial products, and reporting the progress and abnormalities of entrusted financial products to the board of directors on a quarterly basis. If the assessment finds that there are risk factors that may affect the safety of the company's funds, he will take corresponding measures in time to control the investment risk and report to the general manager and the board of directors in a timely manner.
3. The internal audit department of the company is responsible for the audit and supervision of the use and custody of funds of short-term low-risk financial products with high safety and good liquidity. At the end of each quarter, it shall comprehensively inspect all investment projects of financial products, reasonably predict the possible gains and losses of various investments according to the principle of prudence, and report to the audit committee.
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. According to the relevant regulations of Shenzhen Stock Exchange, the company will disclose the progress and implementation of cash management, relevant product investment and corresponding profit and loss in the regular report.
6. The entrusted party of the company's entrusted financial management shall be a formal commercial bank and has no affiliated relationship with the company.
7. Financial products shall not be pledged, and the special settlement account for financial products (if applicable) shall not deposit non raised funds or be used for other purposes. If the special settlement account for financial products is opened or cancelled, the funds shall be transferred back to the special account for raised funds after the expiration of the investment period. 4、 Impact on the daily operation of the company
The company's use of some over raised funds to purchase short-term financial products with high bank security and good liquidity is implemented within the limit and period authorized by the board of directors and the general meeting of shareholders of the company. It is implemented on the premise of ensuring the daily operation and capital safety of the company, which will not affect the normal turnover needs of the company's daily capital and the normal development of the company's main business. Through appropriate cash management, we can improve the company's fund use efficiency, obtain certain investment benefits, further improve the company's overall performance level, and seek more investment returns for the company's shareholders.
5、 Purchase of financial products within 12 months before the announcement date
The purchase of financial products within 12 months before the date of this announcement is as follows:
Unit: 10000 yuan
Trustee name trustee product amount fund beginning and ending fund remuneration refer to the expected reporting period of the year. Whether the current year of the reporting period is an overview of future events (or the name of the trustee) (or the source date of the entrusted type, the date invested in the fixed way income, the actual loss of income, the actual impairment standard of profit and loss, and the relevant name) the type rate (e.g. the legal entrustment index of the recovery provision of the benefit fund) (if any) situation (if any) procedure financial plan (if any)
Bank Of Beijing Co.Ltd(601169) joint stock bank 17000 raising 2020 2021 - 3.65% 153.00 at maturity 153.00 on schedule 0 is the full account network for the withdrawal of financial funds of cninfo Co., Ltd. in March, 2012
Or the principal of Part 16 of super month (http: / / W fund raising date and financial management ww. CN. Info. Fund income)
