Securities code: 300101 securities abbreviation: Chengdu Corpro Technology Co.Ltd(300101) Announcement No.: 2022-011 Chengdu Corpro Technology Co.Ltd(300101)
About the use of idle self owned funds by the company and its subsidiaries
Announcement of entrusted financial management
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.
Chengdu Corpro Technology Co.Ltd(300101) (hereinafter referred to as "the company") without affecting the normal operation, in order to improve the use efficiency of idle self owned funds and increase the company's income, the company and its subsidiaries intend to use idle self owned funds of no more than 350 million yuan for entrusted financial management, so as to maintain and increase the value of funds on the basis of ensuring the safety and liquidity of funds, The quota can be used by the company and its subsidiaries on a rolling basis. The authorization period is valid within one year from the date of deliberation and approval by the board of directors, and the management of the company is authorized to implement relevant matters. The details are as follows:
1、 Overview of entrusted financial management
(I) investment purpose
Under the premise of controlling investment risk, in order to improve the use efficiency of idle funds and increase the income of cash assets, the company and its subsidiaries intend to use idle self owned funds to purchase financial products with low risk, high security and good liquidity, so as to maintain and increase the value of the company's funds without affecting the normal operation and the development of its main business and ensuring the safety of funds.
(II) investment quota
The company and its subsidiaries intend to use idle self owned funds of no more than 350 million yuan for entrusted financial management, which can be used by the company and its subsidiaries on a rolling basis.
(III) source of funds
All are idle self owned funds of the company and its subsidiaries.
(IV) investment products
For the low-risk financial products of banks, securities, insurance and other formal financial institutions, the trustee has no relationship with the company and does not constitute a connected transaction.
(V) investment period
The authorization period shall be valid within one year from the date of deliberation and approval by the board of directors.
(VI) decision making procedure
According to the current articles of association and the company's entrusted financial management system, the upper limit of using idle self owned funds to purchase financial products this time is 350 million yuan, accounting for 34.53% of the company's latest audited net assets, and does not constitute a related party transaction. This matter was deliberated and approved at the 11th meeting of the Fifth Board of directors of the company and does not need to be submitted to the general meeting of shareholders of the company for deliberation. The independent directors and the board of supervisors of the company expressed their consent to the entrusted financial management.
2、 Investment risk analysis and risk control measures
(I) investment risk
1. Although entrusted financial management does not belong to venture capital, there are certain risks in financial products, and the financial market is greatly affected by macro-economy. It is not excluded that this investment will also be affected by market fluctuations. It is mainly faced with investment risks such as income fluctuation risk and liquidity risk, and the actual income of financial products is unpredictable.
2. Operation and monitoring risks of relevant staff.
(II) for investment risks, the proposed measures are as follows:
1. After the approval of the board of directors, the general manager of the company is responsible for the implementation, and the finance department is the specific handling department. According to the company's financial status, cash flow status and interest rate changes, as well as the resolution of the board of directors on entrusted financial management, the finance department judges the capital source, investment scale and expected income of financial management, and reviews the content and risk assessment of financial products;
2. The finance department and Investment Management Department of the company will analyze and track the progress in time. If the evaluation finds that there are risk factors that may affect the safety of the company's funds, they will take corresponding measures in time to control the investment risk;
3. The Audit Department of the company is responsible for internal supervision, conducting regular comprehensive inspection on the invested financial products and reporting to the audit committee of the company;
4. 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;
5. The company will do a good job of relevant information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
3、 Impact of investment on the company
Based on the principles of standardized operation, risk prevention, prudent investment, value preservation and appreciation, the company and its subsidiaries use temporarily idle self owned funds for entrusted financial management, which is implemented on the premise of ensuring the daily operation and capital safety of the company, and will not affect the normal turnover needs of the company's daily funds and the normal development of the company's main business; It is conducive to improving the efficiency of the company's capital use, obtaining a good return on investment, further improving the overall performance level of the company and fully protecting the interests of shareholders.
4、 Other relevant audit opinions
(I) opinions of independent directors
After carefully checking the relevant proposals, the independent directors of the company agreed to the proposal on the company and its subsidiaries using idle self owned funds for entrusted financial management considered at the 11th meeting of the Fifth Board of directors of the company. The independent directors agreed that in order to improve the efficiency of the company's capital use, the purchase of low-risk financial products under the condition of ensuring the normal operation of the main business and capital safety is conducive to improving the efficiency of the company's capital use and increasing the company's capital income on the premise of risk control, will not have an adverse impact on the business activities of the company and its subsidiaries, and is in line with the interests of the company and all shareholders, There is no situation that damages the interests of the company and all shareholders, especially minority shareholders. Therefore, we agree that the company and its subsidiaries can use their own funds not exceeding 350 million yuan temporarily idle for entrusted financial management. Within the limit, the funds can be used on a rolling basis.
We unanimously agree that the company and its subsidiaries use idle self owned funds for low-risk entrusted financial management.
(II) opinions of the board of supervisors
The board of supervisors believes that the company and its subsidiaries' use of idle self owned funds to purchase low-risk financial products will not affect the normal needs of the company's daily capital turnover and the normal development of the company's main business; Through entrusted financial management, it is conducive to improve the efficiency of the company's fund use and obtain a good return on investment, without damaging the interests of the company and minority shareholders. It is agreed that the company and its subsidiaries use temporarily idle self owned funds for entrusted financial management with low risk, high security and good liquidity.
5、 Documents for future reference
1. Resolutions of the 11th meeting of the 5th board of directors of the company;
2. Resolutions of the 10th meeting of the 5th board of supervisors of the company; 3. Independent opinions of independent directors on relevant matters of the 11th meeting of the 5th board of directors of the company. It is hereby announced
Chengdu Corpro Technology Co.Ltd(300101) board of directors
February 23, 2022
