Anhui Gujing Distillery Company Limited(000596) : Announcement on the progress of using idle raised funds to purchase financial products

Securities code: 000596, 200596 securities abbreviation: Anhui Gujing Distillery Company Limited(000596) , gujinggong B Announcement No.: 2022-005

Anhui Gujing Distillery Company Limited(000596)

Announcement on the progress of using idle raised funds to purchase financial products

The company and all members of the board of directors guarantee that the contents of this announcement are true, accurate and complete without false records

Misleading statements or material omissions.

Anhui Gujing Distillery Company Limited(000596) (hereinafter referred to as the “company”) was established in August 2021

The 8th meeting of the 9th board of directors and the 6th meeting of the 9th board of supervisors were held on September 27,

The proposal on the use of idle raised funds to purchase financial products was reviewed and approved

Without affecting the progress of raised investment projects, the use amount of the company shall not exceed RMB 4.5 billion

Idle raised funds to buy financial products with high safety and good liquidity. Within the above limit,

Funds can be used on a rolling basis. At the same time, the chairman of the company is authorized to sign relevant legal documents and the company is in charge

The management shall implement relevant matters. For details, please refer to the relevant information disclosed by the company on cninfo.com

Guan Gonggao.

According to the above-mentioned resolution, the company recently used idle raised funds to purchase bank property

Products, as follows:

1、 Basic information of financial products

Product name product type trustee investment amount value date maturity date capital source expected annualized relationship description (10000 yuan) rate of return

Chinese agriculture

Time deposit Principal Guaranteed Fixed bank shares raised funds unrelated interest rate Co., Ltd. 100000.00 2022.1.28 2023.1.28 2.00%

Bozhou branch

2、 Investment risk and risk control measures

1. Investment risk

(1) Short term principal guaranteed financial products belong to low-risk investment varieties, but the financial market is affected

The impact of macro-economy is great, and it is not ruled out that the income will be affected by market fluctuations;

(2) The company will intervene timely and appropriately according to the economic situation and changes in the financial market, so the actual income of short-term investment is unpredictable;

(3) Operational risks of relevant staff.

2. Measures to be taken against investment risks

(1) The company strictly selects financial products, which are only used to purchase financial products that meet the above conditions, and selects financial institutions capable of ensuring capital safety for financial product business cooperation; (2) The board of directors authorizes the management of the company to exercise the purchase decision-making power of specific financial products. The company will strictly abide by the principle of prudent investment, and the financial management center will be responsible for the specific handling matters. The financial management center is responsible for the content review and risk assessment of the financial product business according to the company’s financial status, cash flow status and interest rate changes. Once it is found that there are risk factors that may affect the company’s capital security, it will take preservation measures in time to control the investment risk;

(3) The Audit Department of the company shall supervise and audit the use and custody of idle raised funds and evaluate the possible risks;

(4) The independent directors and the board of supervisors shall supervise and inspect the use of the raised funds, and may hire professional institutions to audit when necessary;

(5) The company will timely perform the disclosure obligations in accordance with the relevant provisions of Shenzhen Stock Exchange; (6) After the financial products expire, they will be transferred to the special account for raised funds specified in the tripartite supervision agreement for management, and the recommendation institution will be notified.

3、 Impact on the company’s operation

The company purchases financial products with temporarily idle raised funds on the premise of ensuring the normal operation of the company’s investment projects with raised funds and ensuring the safety of raised funds. The purchase of financial products does not affect the normal construction of investment projects with raised funds, and there is no situation of changing the purpose of raised funds in a disguised form. Timely capital guaranteed investment management of temporarily idle raised funds is conducive to improving the use efficiency of raised funds and obtaining certain investment benefits, which is in line with the interests of the company and all shareholders.

4、 Purchase of financial products with idle raised funds within 12 months before the announcement date (including this announcement)

Product name product type trustee investment amount value date maturity date capital source whether to redeem maturity income (yuan) (10000 yuan)

Huilifeng

China’s agriculture in 2021

Floating capital raised by the bank 2021.98.4

Public customized income type Co., Ltd. 240000.00 7750415.34 mincoin structure Bozhou branch

Sex deposit

Unit structure China Construction

Principal guaranteed floating bank shares

No. 54000.00 of income type limited company in 2021 2021.9.1 2022.9.1 raised funds no

Phase 005 Bozhou branch

that ‘s ok

Unit structure China Construction

Principal guaranteed floating bank shares

In 2021, the income type Co., Ltd. raised 15000.00 yuan on September 1, 2021 and May 10, 2022 no

Phase 004 Bozhou branch

that ‘s ok

Unit structure China Construction

Principal guaranteed floating bank shares

In 2021, the income type Co., Ltd. raised 15000.00 yuan on September 1, 2021 and April 4, 2022 no

Phase 003 Bozhou branch

that ‘s ok

Unit structure China Construction

Principal guaranteed floating bank shares

In 2021, the fund raised by the income limited company 15000.00 on 2021.9.1 and 2021.12.1 was 1081404.23002 Bozhou branch

that ‘s ok

Cumulative linked exchange rate range

China industry and Commerce

Capital guaranteed floating bank shares in RMB structure 2021.9.7 2022.8.3 raised funds no

Deposit property income type Co., Ltd. 40000.00