Securities code: 002514 securities abbreviation: Jiangsu Boamax Technologies Group Co.Ltd(002514) Announcement No.: 2022-009 Jiangsu Boamax Technologies Group Co.Ltd(002514)
Announcement on foreign investment in the establishment of wholly-owned subsidiaries and the completion of industrial and commercial establishment registration
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.
1、 Overview of foreign investment
1. According to the needs of the company’s strategic development and regional business expansion, Jiangsu Boamax Technologies Group Co.Ltd(002514) (hereinafter referred to as “the company”) a wholly-owned subsidiary Jingjiang Baoxin Intelligent Manufacturing Co., Ltd. (hereinafter referred to as “Jingjiang Baoxin intelligent manufacturing”) invested abroad to establish a wholly-owned subsidiary Jingjiang Baoxin Intelligent Technology Co., Ltd. (hereinafter referred to as “Jingjiang Baoxin intelligent technology”), The subscribed registered capital is 8 million yuan, accounting for 100% of its registered capital. 2. According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, the articles of association and the management system for major business and investment decisions of the company, this foreign investment is within the decision-making authority of the chairman of the company and does not need to be submitted to the board of directors and the general meeting of shareholders for deliberation.
3. This foreign investment does not constitute a connected transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Basic information of investment object
Recently, Jingjiang Baoxin intelligent technology has completed the industrial and commercial registration procedures and obtained the business license issued by Jingjiang administrative examination and approval Bureau. The specific information is as follows:
Name: Jingjiang Baoxin Intelligent Technology Co., Ltd
Unified social credit Code: 91321282ma7fekk799
Type: limited liability company (sole proprietorship of legal person invested or controlled by non natural person)
Address: No. 35, Gongxing Hebei Road, Jingjiang Economic and Technological Development Zone
Legal representative: Wang Xuetao
Registered capital: 8 million yuan only
Date of establishment: January 28, 2022
Business term: January 28, 2022 to******
Business scope: licensed items: wholesale of pesticides; Pesticide retail (for items that must be approved according to law, business activities can be carried out only after being approved by relevant departments, and the specific business items shall be subject to the approval results)
General items: technical services, technical development, technical consultation, technical exchange, technology transfer and technology promotion; Manufacturing of computer software, hardware and peripheral equipment; Software development; Software sales; Software outsourcing services; Sales of electronic products; Computer system services; Information system integration service; Information technology consulting services; Technology, information, facility construction and operation and other services related to agricultural production and operation; Network technology services; Software development and network security; Big data services; Data processing services; Internet of things technology services; Geographic remote sensing information service; Cloud computing equipment technology services; Blockchain technology related software and services; Industrial Internet data service; Intelligent instrument manufacturing; Special operation Siasun Robot&Automation Co.Ltd(300024) manufacturing; Intelligent Siasun Robot&Automation Co.Ltd(300024) sales; Research and development of intelligent Siasun Robot&Automation Co.Ltd(300024) ; Application system integration services in artificial intelligence industry; Foreign contracted projects; Design and construction services of safety technology prevention system; Research and development of mechanical equipment; Mechanical equipment leasing; Sales of mechanical equipment; Machining of mechanical parts and components; Sales of mechanical parts and components; Maintenance of electronic and mechanical equipment (excluding special equipment); General mechanical equipment installation services; Crop pest control services; Intelligent unmanned aerial vehicle manufacturing; Sales of intelligent unmanned aerial vehicles; Manufacturing of special equipment for rubber processing; Special equipment manufacturing (excluding licensed professional equipment manufacturing); Virtual reality equipment manufacturing; Technology import and export; Import and export of goods (except for items subject to approval according to law, carry out business activities independently according to law with business license)
Contribution method and source of funds: the contribution method of this foreign investment is monetary contribution, and the source of funds is Jingjiang Baoxin intelligent manufacturing’s own funds.
3、 Purpose, existing risks and impact on the company of this investment
1. Purpose of this foreign investment
The purpose of this investment to establish a wholly-owned subsidiary is to focus on the company’s development strategic planning, expand the company’s production scale, further expand regional business, improve the company’s industrial layout, enhance the company’s comprehensive competitiveness, and have positive significance for the company’s long-term development.
2. Possible risks of this foreign investment
After the completion of this foreign investment, the wholly-owned subsidiary may face market and management risks in the process of operation, and the company may face the risk of failing to realize the expected investment income. With the help of the experience and resources of professional managers, the company will reduce the uncertainty in the investment process, pay attention to its operation in time, and actively take effective countermeasures and measures to prevent and control risks.
3. Impact of this foreign investment on the company
The investment to establish a wholly-owned subsidiary company is based on the company’s development strategy. It aims to gradually realize the company’s strategic layout, expand the enterprise’s production scale, enhance market competitiveness, improve the company’s overall strength and comply with the company’s development strategy by relying on the company’s rich industry experience in the field of intelligent manufacturing and making full use of the transportation, resources and policy advantages of Jingjiang Economic and Technological Development Zone. The above-mentioned wholly-owned subsidiaries have been established and registered, and will be included in the scope of the company’s consolidated financial statements, which will not have a significant impact on the company’s financial status and operating results in the short term. Jingjiang Baoxin intelligent manufacturing, a wholly-owned subsidiary, plans to invest with its own funds, which does not harm the interests of listed companies or shareholders.
4、 Documents for future reference
1. Business license of Jingjiang Baoxin Intelligent Technology Co., Ltd.
It is hereby announced.
Jiangsu Boamax Technologies Group Co.Ltd(002514) board of directors February 8, 2022
