Securities code: 002028 securities abbreviation: Sieyuan Electric Co.Ltd(002028) Announcement No.: 2022-004 Sieyuan Electric Co.Ltd(002028)
Announcement on the establishment of a wholly-owned subsidiary Jiangsu Siyuan Energy Technology Co., Ltd
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.
Special tips:
1. All the funds of this investment come from the company's own funds, which will not have a significant impact on the company's financial status and operating results this year.
2. The establishment of a wholly-owned subsidiary still needs to go through the relevant procedures of industrial and commercial registration, and there is uncertainty whether the relevant approval procedures can be completed. The establishment of a wholly-owned subsidiary may be affected by policy changes, market competition and other factors, resulting in income uncertainty. The company will timely perform the obligation of information disclosure according to the progress of relevant matters. Please invest rationally and pay attention to risks.
1、 Investment overview
1.1 basic information
The company plans to use its own capital of 1 billion yuan to establish a wholly-owned subsidiary Jiangsu Siyuan Energy Technology Co., Ltd. (tentative name, subject to the approval and registration of the registration authority).
1.2 approval and voting of the board of directors
On February 17, 2022, the 18th meeting of the seventh board of directors of the company deliberated and adopted the resolution on establishing a wholly-owned subsidiary Jiangsu Siyuan Energy Technology Co., Ltd., and agreed to authorize the chairman or his authorized representative to handle matters related to the investment, including but not limited to determining and signing the legal documents involved in the investment, And handle the approval and registration procedures required for this investment.
This investment is within the scope of deliberation of the board of directors and does not need to be submitted to the general meeting of shareholders for deliberation and approval. This investment does not constitute a major asset reorganization stipulated in the administrative measures for major asset reorganization of listed companies. This investment does not constitute a connected transaction.
2、 Basic information of investment object
Subject name: Jiangsu Siyuan Energy Technology Co., Ltd
Registered address: Rugao City
Registered capital: 1 billion yuan
Company type: limited liability company (sole proprietorship of legal person invested or controlled by non natural person)
Contribution method: the company invested 1 billion yuan with its own monetary capital, accounting for 100% of the registered capital.
Business scope: general items: production, sales, import and export, leasing and maintenance of intelligent transmission and distribution and control equipment and new energy production equipment; Leasing of plant and production equipment; Production, sales, import, export and leasing of energy storage equipment such as batteries and lithium-ion batteries. (except for the items that must be approved according to law, carry out business activities independently according to law with the business license) (the final registration shall be subject to the approval of the registration authority)
3、 Main contents of foreign investment contract
This investment is to invest in the establishment of a wholly-owned subsidiary, so there is no need to sign a foreign investment contract.
4、 Purpose of investment, existing risks and impact on the company
This investment will help build the company's core R & D capability and application level in the field of energy technology, and improve the competitiveness of production and manufacturing. This investment will not have a significant impact on the company's financial status and operating results this year. There is no situation that damages the interests of the company and all shareholders, especially minority shareholders.
In the future, according to the requirements of production process design, process change, business development and industrial scale, and in combination with the actual needs, the company will carry out subsequent investment scheme demonstration, make prudent decisions, implement them step by step, and fulfill the decision-making approval procedures and information disclosure obligations as required. Please pay attention to investment risks.
5、 Documents for future reference
Resolution of the 18th meeting of the 7th board of directors.
It is hereby announced.
Sieyuan Electric Co.Ltd(002028) board of directors February 18, 2002
