Securities code: 000338 securities abbreviation: Weichai Power Co.Ltd(000338) Announcement No.: 2022-006
Weichai Power Co.Ltd(000338) about using some idle raised funds for cash management
Announcement on the progress of due redemption and continued cash management
The company and all members of the board of directors guarantee that the content of information disclosure is true, accurate and complete without falsehood
False records, misleading statements or material omissions.
Weichai Power Co.Ltd(000338) (hereinafter referred to as “the company”) held the 2021 meeting on July 30, 2021
The seventh interim Board of directors meeting in and the fifth interim Board of supervisors meeting in 2021 reviewed and adopted the
Discuss and approve the proposal on the company’s use of some idle raised funds for cash management, and agree that the company
On the premise of ensuring that the normal progress of the investment plan of the raised funds and the safety of the raised funds are not affected, the use amount is not limited
The idle raised funds of more than 600 million yuan shall be managed in cash and used for investment
Structured deposit products with high security and good liquidity with a maturity of no more than 12 months. In the above amount
Within the scope of degree, the funds can be recycled. The independent directors and the board of supervisors of the company have made clear agreement on the above matters
The company’s recommendation agency Citic Securities Company Limited(600030) issued verification opinions on the above matters.
For details, please refer to the company’s announcement on cninfo.com on July 31, 2021（ http://www.cn.info.com.cn. ）
Relevant announcements disclosed on.
The implementation progress of the company’s use of some idle raised funds for cash management is hereby announced as follows:
1、 Using some idle raised funds for cash management and redemption at maturity
Order trustee product name product type subscription amount product term expected annualized actual return No. (10000 yuan) rate of return (10000 yuan)
China Merchants Bank Co.Ltd(600036) shares China Merchants Bank Co.Ltd(600036) dianjin series: 1.65% in 2022 or
1. Weifang Co., Ltd. fell three-tier range, 14 day structure guaranteed floating 150000, from January 14 to 3.30% or 189.86 branch business department deposit (Product Code: income type, January 2022, 3.50%)
Nqd00170) August 28
Recently, the company has redeemed the above expired cash management products and recovered the principal of RMB 150 million
The actual income was 1.8986 million yuan.
2、 Continued use of some idle raised funds for cash management this time
Order trustee product name product type subscription amount product term expected annual income related number (10000 yuan) interest rate relationship
China Merchants Bank Co.Ltd(600036) shares China Merchants Bank Co.Ltd(600036) dianjin series 2022 02 1.65% or
1. Weifang Co., Ltd. is bullish on the 51 day Principal Guaranteed floating in the three-tier range of 104000, from August 8 to 2.90%, or there is no structural deposit in the branch business department (product generation income type, March 3.10% in 2022)
Code: nqd00185) 31st
China Merchants Bank Co.Ltd(600036) shares China Merchants Bank Co.Ltd(600036) dianjin series 2022 02 1.65% or
2. Weifang Co., Ltd. is bullish on the three-tier range with 51 day Principal Guaranteed floating 25830, from August 8 to 3.40%, or there is no structural deposit in the branch business department (product generation income type, March 3.60% in 2022)
Code: nqd00186) 31st
3、 Investment risk and risk control measures
The investment type purchased by the company this time is structural deposit, which belongs to low-risk investment type with guaranteed floating income. It is mainly affected by macro-economy. It is not excluded that relevant income will be affected by market fluctuations in the future. The risk control measures to be taken by the company are as follows:
1. The company will strictly abide by the principle of prudent investment, strictly screen investment objects and select investment varieties with high safety. The relevant personnel of the company’s financial department will timely analyze and track the investment progress. If the evaluation finds that there are risk factors that may affect the company’s capital safety, they will take corresponding measures in time to control the investment risk; 2. The internal audit department of the company is responsible for auditing and supervising the use and custody of funds of financial products, and conducting comprehensive inspection on all financial products on a regular basis;
3. 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;
4. The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
4、 Impact on the daily operation of the company
The company’s cash management with idle raised funds is implemented on the premise of ensuring the normal operation of the investment projects with raised funds and the normal production and operation of the company, which is conducive to improving the efficiency of fund use, increasing the company’s income, seeking more investment returns for the company’s shareholders, and does not violate the relevant commitments of the investment projects with raised funds, It will not affect the normal progress of the investment projects with raised funds, change the purpose of raised funds in a disguised manner and damage the interests of shareholders, and will not affect the funds required for the company’s daily production and operation activities.
5、 Use of idle raised funds for cash management within 12 months before the announcement date
Order trustee product name product subscription amount product term expected annual income whether actual income type (10000 yuan) profit rate redemption (10000 yuan)
China Merchants Bank Co.Ltd(600036) stock China Merchants Bank Co.Ltd(600036) point Gold Series: breakeven floating at 1.65% or 1.65% in September 2021
1 Share Co., Ltd. fell three-tier range, 27 day structural movable income 200000, from March 3 to 2.95% or 467.69 Weifang branch business deposit (Product Code: type, September 2021, 3.15%)
Ministry of industry (nqd00096) June 30
ICBC China Industrial And Commercial Bank Of China Limited(601398) linked exchange September 2021
Bank Limited rate interval cumulative method everyone guaranteed floating from March 3 to
2. The company’s Weifang dongminyuan structured deposit product has a dynamic income of 80000. 1.3% – 3.7% in August 2022. No-
Guan sub branch – special house type July 29, 2021
Installment u
ICBC China Industrial And Commercial Bank Of China Limited(601398) linked exchange September 2021
Bank Limited rate interval cumulative method, everyone guaranteed capital floating from September 9 to
3. The company’s Weifang dongminyuan structured deposit product has a dynamic income of 100000. 1.5% – 3.47% in June 2022 no-
Guan sub branch – special house type August 263, 2021
Installment G
ICBC China Industrial And Commercial Bank Of China Limited(601398) linked exchange September 2021
Bank Limited rate interval cumulative method, everyone guaranteed capital floating from September 9 to
4. The company’s Weifang dongminyuan structured deposit product has a dynamic income of 220000, 1.5% – 3.7% in September 2022 no-
Guan sub branch – special house type August 263, 2021
Installment H
China Merchants Bank Co.Ltd(600036) stock China Merchants Bank Co.Ltd(600036) point of view of gold series, breakeven floating at 1.65% or 1.65% in October 2021
5 shares Co., Ltd. fell three-tier range 79 day structural movable income 150000 to 3.10% on January 13 or 1006.44 Weifang branch business deposit (Product Code: type 2021 12 3.30%)
Ministry of industry (nqd00118) March 31
ICBC China Industrial And Commercial Bank Of China Limited(601398) linked exchange October 2021
The bank’s limited share rate interval cumulative method and everyone’s breakeven floating from January 20 to
6. The company’s Weifang dongminyuan structured deposit product has a dynamic income of 50000. In April 2022, 1.30% – 3.41% no-
Guan sub branch – special house type June 18, 2021
Installment R
China Merchants Bank Co.Ltd(600036) stock China Merchants Bank Co.Ltd(600036) point of view of gold series, breakeven floating 1.65% or 1.65% in January 2022
7 shares Co., Ltd. fell three-tier interval 14 day structural movable income 150000 to 3.30% or 189.86 Weifang branch business deposit (Product Code: type 2022 01 3.50%)
Ministry of industry (nqd00170) August 28
China Merchants Bank Co.Ltd(600036) stock China Merchants Bank Co.Ltd(600036) point of view of gold series, breakeven floating at 1.65% in February 2022 or
8 Co., Ltd. rose 51 day structural movable income in the three-tier range from 104000 to 2.90% on August 8 or no-
Weifang branch business deposit (Product Code: type 2022 03 3.10%)
Ministry of industry (nqd00185) December 31
China Merchants Bank Co.Ltd(600036) stock China Merchants Bank Co.Ltd(600036) point of view of gold series, breakeven floating at 1.65% in February 2022 or
9 Co., Ltd. rose 51 day structural movable income in the three-tier range 25830 to 3.40% on August 8 or no-
Weifang branch business deposit (Product Code: type 2022 03 3.60%)
Ministry of industry (nqd00186) December 31
As of the date of this announcement, the amount of undue financial products purchased by the company with some idle raised funds is RMB 5798.3 million (including this time), which does not exceed the amount approved by the board of directors for cash management of the company with some idle raised funds.
6、 Documents for future reference
1. Redemption of relevant vouchers of financial products;
2. Relevant subscription materials for the purchase of structured deposits.
It is hereby announced.
Weichai Power Co.Ltd(000338) board of directors February 7, 2022
