Securities code: 002312 securities abbreviation: Sichuan Development Lomon Co.Ltd(002312) Announcement No.: 2022-024
Sichuan Development Lomon Co.Ltd(002312)
Announcement on using temporarily idle self owned funds to purchase bank financial products
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are jointly and severally liable for false records, misleading statements or major omissions in the announcement.
Important content tips:
1. Investment type: the bank financial products purchased with temporarily idle self owned funds (hereinafter referred to as "purchased financial products") are investment products with high security and good liquidity issued by non related party financial institutions (including but not limited to structural deposits, short-term low-risk financial products, etc.).
2. Investment amount: no more than 500 million yuan, temporarily idle its own funds. The use period of the investment quota is 12 months from the date of deliberation and approval by the general meeting of shareholders. Within the validity period of the above quota and resolution, the funds can be recycled and used.
3. Special risk tip: Sichuan Development Lomon Co.Ltd(002312) (hereinafter referred to as "the company") the financial products to be invested belong to low-risk investment varieties. However, since the financial market is greatly affected by macroeconomic and other policies, it is not excluded that the investment may be affected by market fluctuations and may face Income Fluctuation Risk and liquidity risk. Please pay attention to the investment risk.
1、 Overview of investment
1. Investment purpose: in order to improve the use efficiency and storage efficiency of its own funds and increase investment income, the company and its subsidiaries plan to use temporarily idle self owned funds for bank financial management on the premise of ensuring that it does not affect daily operation and effectively controlling risks, so as to maximize the interests of the company and shareholders.
2. Investment amount: no more than 500 million yuan.
3. Investment method: the company and its subsidiaries intend to use temporarily idle self owned funds for bank financial management. The bank financial products to be purchased are investment products with high security and good liquidity issued by non related party financial institutions (including but not limited to structural deposits, short-term low-risk financial products, etc.).
4. Investment period: valid within 12 months from the date of deliberation and approval by the general meeting of shareholders of the company. Within the validity period of the above quota and resolution, the funds can be recycled and used, and will be returned to the company's fund account in time after expiration.
5. Source of funds: the company and its subsidiaries temporarily idle their own funds.
2、 Review procedure
On February 14, 2022, the company held the 15th meeting of the 6th board of directors by means of communication, deliberated and adopted the proposal on using temporarily idle self owned funds to purchase bank financial products. The board of directors of the company agreed that the company and its subsidiaries use temporarily idle self owned funds to purchase bank financial products on the premise of effectively controlling risks, The amount shall not exceed RMB 500 million. This proposal still needs to be submitted to the general meeting of shareholders for deliberation. It shall be effective within 12 months from the date of deliberation and adoption of the general meeting of shareholders of the company. Within the validity period of the above amount and resolution, the funds can be recycled and rolled. The transaction amount at any point in the period (including the relevant amount of reinvestment of the income of the above investment) shall not exceed the amount of entrusted financial management, Upon expiration, it will be returned to the capital accounts of the company and its subsidiaries in time, and the general meeting of shareholders of the company shall be submitted to authorize the management to decide to temporarily idle its own funds for all matters related to bank financial management.
3、 Investment risk and risk control measures
1. Investment risk analysis
The above financial products purchased will be strictly screened to meet the requirements of good liquidity and controllable risk. However, the financial market is greatly affected by the macro-economy. It is not excluded that the investment is affected by market fluctuations. The company and its subsidiaries will intervene in a timely and appropriate manner according to the economic situation and changes in the financial market to reduce the investment risk caused by market fluctuations.
2. Measures to be taken against investment risks
(1) The company and its subsidiaries strictly screen investment objects and select non related party financial institutions capable of ensuring capital security for business cooperation;
(2) The company and its subsidiaries will strictly abide by the principle of prudent investment, which will be organized and implemented by the president of the company. The financial department of the company will carry out specific operations, timely analyze and track the progress of the purchase of structured deposits and bank financial products, and take corresponding measures to control the investment risk in case of risk factors that may affect the capital safety of the company and its subsidiaries;
(3) The internal audit department of the company is responsible for auditing and supervising the use and custody of funds of structured deposits, bank financial products and other products, and evaluating the possible risks;
(4) The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange;
(5) After the above financial products are due, they will be transferred to the company's capital account for management in time.
4、 Impact on the company
The company and its subsidiaries use idle self owned funds to purchase low-risk financial products on the premise of ensuring the working capital and capital safety required by the company's daily operation, which will not affect the normal capital turnover needs of the company and its subsidiaries and the normal development of the main business of the company and its subsidiaries. The reasonable and moderate purchase of low-risk financial products by the company and its subsidiaries can improve the efficiency of capital use and obtain certain investment income, which is conducive to further improve the overall performance level of the company and obtain more returns for the company and shareholders.
5、 Opinions of independent directors and sponsors on the purchase of financial products
(I) opinions of independent directors
The independent directors of the company express independent opinions on the use of idle self owned funds by the company and its subsidiaries to purchase financial products as follows:
Without affecting the normal operation of the company and its subsidiaries, the purchase of high security, good liquidity, short-term (no more than 12 months) structural deposits, short-term low-risk financial products, etc. is conducive to improving the use efficiency of the company and its subsidiaries' temporarily idle funds, will not affect the normal development of the main business of the company and its subsidiaries, and will not damage the company and all shareholders, Especially the interests of minority shareholders, and the relevant approval procedures comply with the provisions of relevant laws and regulations such as the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board and the articles of association.
To sum up, we agree that the company and its subsidiaries use temporary idle funds of no more than 500 million yuan to purchase bank financial products, and agree to submit this proposal to the general meeting of shareholders of the company for deliberation.
(II) opinions of the recommendation institution
After review, the sponsor believes that: the company and its subsidiaries, without affecting the normal operation of the company and its subsidiaries, use temporarily idle funds of no more than 500 million yuan to purchase financial products, and purchase safe, liquid, short-term (no more than 12 months) structured deposits, short-term low-risk financial products, etc., which is conducive to improving the efficiency of capital use, It will not adversely affect the normal production and operation of the company and its subsidiaries, nor will it damage the interests of the company and all shareholders, especially minority shareholders. The purchase of financial products by the company and its subsidiaries has been reviewed and approved by the board of directors of the company, and the independent directors have expressed their independent opinions, which is in line with relevant laws and regulations and relevant provisions of Shenzhen Stock Exchange.
In conclusion, the recommendation institution has no objection to the company and its subsidiaries' use of temporarily idle self owned funds of no more than 500 million yuan to purchase financial products.
6、 Documents for future reference
1. Resolutions of the 15th meeting of the 6th board of directors;
2. Independent opinions of independent directors on matters related to the 15th meeting of the sixth board of directors;
3. Verification opinions of Huatai United Securities Co., Ltd. on Sichuan Development Lomon Co.Ltd(002312) using temporarily idle self owned funds to purchase bank financial products.
It is hereby announced.
Sichuan Development Lomon Co.Ltd(002312) board of directors February 14, 2002
