Securities code: 688628 securities abbreviation: Uni-Trend Technology ( China) Co.Ltd(688628) Announcement No.: 2022-016
Uni-Trend Technology ( China) Co.Ltd(688628) Technology (China) Co., Ltd
With regard to the announcement on the investment and construction of instrument and meter industrial park by a wholly-owned subsidiary, the board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal liabilities for the authenticity, accuracy and integrity of its contents in accordance with the law. Important content tips:
Name of project investment object: Instrument Industrial Park
Project investment amount: the estimated total investment of the project shall not exceed RMB 300 million (the final total investment shall be subject to the actual). The capital sources of this investment project include but are not limited to self owned or self raised funds.
This investment does not constitute a connected transaction, nor does it constitute a major asset restructuring Management Office of listed companies
Special provisions of the law of the people's Republic of China on the reorganization of major assets and the law of the people's Republic of China on the reorganization of major assets.
Relevant risk tips: the project implementation still needs to go through the pre procedures such as project initiation and construction. If the implementation conditions such as national or local policy adjustment and project approval change, the implementation of the project may be postponed, changed, suspended or even terminated. The investment plan of the project may be adjusted according to the actual situation in the future, and there is a risk that it will not meet the original plan and prediction objectives.
1、 Project investment overview
Based on the company's strategic planning and business development needs, Uni-Trend Technology ( China) Co.Ltd(688628) Technology (China) Co., Ltd. (hereinafter referred to as "the company") takes Dongguan Jiayou Instrument Technology Co., Ltd. (hereinafter referred to as "Jiayou technology"), a wholly-owned subsidiary, as the project implementation subject to build an instrument Industrial Park in Dongguan Songshanhu high tech Industrial Development Zone, The total investment is expected to be no more than 300 million yuan.
The company held the eighth meeting of the second board of directors on February 10, 2022, deliberated and passed the proposal on the investment and construction of Instrument Industrial Park by wholly-owned subsidiaries, and authorized the company's management or its authorized representative to go through the construction application procedures required for project construction, and sign engineering construction agreements related to project construction with third parties within the above investment budget, And other necessary legal procedures and documents.
According to the relevant provisions of relevant laws, regulations, departmental rules and normative documents such as the Listing Rules of Shanghai Stock Exchange science and innovation board, this investment does not constitute a related party transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies. The decision-making authority of this transaction is within the scope authorized by the board of directors of the company and does not need to be submitted to the general meeting of shareholders of the company for deliberation.
2、 Basic information of investors
1. Company name: Dongguan Jiayou Instrument Technology Co., Ltd
2. Type: limited liability company
3. Legal representative: Hong Shaojun
4. Registered capital: one million yuan
5. Date of establishment: September 3, 2021
6. Business term: long term
7. Unified social credit Code: 91441900ma573l2k2t
8. Address: room 503, building 2, No. 6, industrial north 1st Road, Songshanhu Park, Dongguan City, Guangdong Province
9. Business scope: general items: instrument manufacturing; Manufacturing of electrical instruments and meters; Instrument sales; Sales of electrical instruments and meters; Manufacturing of drawing, calculation and measuring instruments; Software development; Park management services; Housing lease; Non residential real estate leasing; Entrepreneurship space services; estate management; Conference and exhibition services. (except for the items that must be approved according to law, the company shall independently carry out business activities according to law with its business license)
10. Relationship with the company: a wholly-owned subsidiary within the scope of the company's consolidated statements.
3、 Basic information of investment projects
1. Project name
Instrument Industrial Park
2. Total investment and capital source of the project
The total investment of the industrial park project is about 300 million yuan, of which the amount used for the purchase of project construction land and plant construction is expected to be 150 million yuan, and the rest is used for equipment investment, other expenses and working capital. The final total project investment is subject to the actual investment, and the company will invest as needed according to the actual progress of the project. The capital sources of the project include but are not limited to the company's own or self raised funds.
3. Land use of the project
Jiayou technology recently signed the transfer contract for the construction and use right of state-owned land with Dongguan natural resources bureau. The parcel number is 2022wt002, the total area of the parcel is 12300.61 square meters, the service life is 50 years, and the transaction price is 14.04 million yuan. The plot is located in the northeast corner of the intersection of Nanlang road and Ecological Park Avenue in Songshan Lake Ecological Park, Dongguan. The purpose of the parcel is industrial land.
4. Project construction content
The project covers an area of 13200.61 square meters and the total construction area is expected to be 46202.13 square meters. The industrial park will be engaged in the R & D and production of medium and high-end testing and measuring instruments, meters and other related products. The land used for the project is limited to industrial purposes. The land area for administrative office and living service facilities shall not exceed 7% of the total land area, and the building area of a single building shall not be less than 3000 square meters.
5. Project construction cycle
The project needs to start construction within one year from the date of winning the land use right of the project, and ensure that the project is completed and put into operation within three years from the date of winning the land use right of the project.
6. Feasibility of investment project
The testing and measuring instrument industry is a national basic and strategic emerging industry, which plays an important role in promoting industrial transformation and upgrading and developing strategic emerging industries. In recent years, the state has successively issued a number of incentive policies to support the development of measurement and testing instrument industry, Law of the people's Republic of China on scientific and technological progress, outline of the 14th five year plan for national economic and social development of the people's Republic of China and long-term objectives for 2035, development plan of national strategic emerging industries in the 13th five year plan and special plan for scientific and technological innovation in the field of advanced manufacturing technology in the 13th five year plan Industrial development policies such as the opinions of the people's Government of Guangdong Province on cultivating and developing strategic pillar industrial clusters and strategic emerging industrial clusters, and the action plan of Guangdong Province on cultivating strategic emerging industrial clusters of precision instruments and equipment (2021-2025) further clarify the direction of encouragement and support for the development of the instrument industry, It provides a good external policy environment for the development of instrument industry.
Since its establishment, the company has always paid attention to product R & D and scientific and technological innovation. At present, it has three R & D centers in Dongguan, Chengdu and Changzhou, covering the direction of electronic and electrical products, test instruments, temperature and environment, electric power and high voltage. After years of technical research, it has rich technical reserves of measuring and testing instruments. The company has won the China excellent patent award for three times, which brings together a number of core technologies such as safety protection, sampling and digital signal processing, stable boost and settable stepping voltage, linearized signal processing, image processing, real-time display of three-dimensional waveform, independent and adjustable dual time base and so on. The company's existing technical R & D team and technical reserves in the field of measurement and testing are conducive to the smooth implementation of the project.
4、 Impact of industrial park investment and construction on the company
1. The investment project has not been officially put into construction, and it is not expected to have a significant impact on the company's operating performance in 2022.
2. At present, the company's main products have achieved independent R & D, production and sales, accumulated rich technology and development experience, and are in the stage of further development to high-end products. With the continuous development of the company's business scale, the problem of insufficient R & D space is prominent due to the constraints of the company's plant area, staffing and other conditions. Through the construction of industrial park project in Songshanhu high tech Development Zone, it can provide the company with the R & D and commissioning environment required for future development and improve the company's R & D conditions. Through the transformation of technological achievements, the industrialization development is realized, which is in line with the relevant national industrial policies and the overall development direction of the company in the future.
3. The construction time of the company's existing production workshop is long, and the plant area, process layout and production equipment can no longer meet the production needs of some medium and high-end products. Through the construction of this project, introduce more advanced automatic production lines, improve relevant production processes, further improve the production capacity of the company's medium and high-end instrument products, enrich the company's medium and high-end product structure, so as to meet the needs of the company's future business development and market expansion, and then improve the company's overall core competitiveness.
4. This investment has a positive impact on the company's business layout and operating performance, will not have a significant adverse impact on the financial status and operating results of the listed company, and will not damage the interests of the listed company and all shareholders.
5、 Risk analysis of industrial park investment and construction
1. Risk of project implementation
The project implementation still needs to go through the pre procedures such as project initiation and construction. If the implementation conditions such as national or local policy adjustment and project approval change, the implementation of the project may be delayed, changed, suspended or even terminated;
2. Risks of investment project construction
The investment and construction period involved in this investment project is long. During the implementation of the project, there may be factors such as market and policy fluctuations, failure to supply equipment and raw materials in time, and there are certain uncertainties in the equipment manufacturing cycle, installation and commissioning and production time, In the subsequent implementation process, there may be risks such as adjusting the planning content due to the actual development of the company or changes in the market environment.
3. Risks of market competition and policy changes
If the industry policy, market environment, price fluctuation, product technology iteration and other conditions change greatly in the future, there are risks that the actual operation status and profitability of the project are lower than expected.
The company will perform the corresponding decision-making and approval procedures according to the actual progress and the requirements of relevant laws and regulations, and timely perform the obligation of information disclosure. Please pay attention to the investment risks.
It is hereby announced.
Board of directors of Uni-Trend Technology ( China) Co.Ltd(688628) Technology (China) Co., Ltd. February 11, 2022
