Securities code: 002723 securities abbreviation: Kennede Electronics Mfg.Co.Ltd(002723) announcement Code: 2022-026 Kennede Electronics Mfg.Co.Ltd(002723)
Announcement on the progress of using some idle raised funds for cash 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.
Kennede Electronics Mfg.Co.Ltd(002723) (hereinafter referred to as " Kennede Electronics Mfg.Co.Ltd(002723) " or "the company") held the 29th meeting of the Fifth Board of directors and the 24th Meeting of the Fifth Board of supervisors on February 16, 2022, and deliberated and adopted the proposal on using some idle raised funds for cash management respectively. In order to improve the utilization efficiency of funds, on the premise of not affecting the construction and use of raised investment projects, the company and its subsidiaries intend to use idle raised funds of no more than 300 million yuan for cash management. Within the above limit, it can be recycled and used for a period of 12 months from the date of deliberation and approval by the board of directors. For details, please refer to securities times, Securities Daily, Shanghai Securities News, China Securities News and cninfo（ http://www.cn.info.com.cn. ）Announcement on cash management using part of idle raised funds (announcement Code: 2022-023)
1、 Progress of cash management using some idle raised funds this time
After careful consideration and full evaluation, the basic information of the company using some idle raised funds to purchase financial products is as follows:
Expected year number subject bank product name type amount (ten thousand term date term return yuan) rate of expiration of the value date of subscription money for signed products
Guangdong Development Bank
"Guangdong Yinchuang Fu" section w
Jinlai Guangfa 2022 issue 22 breakeven 2022
Shanghai and Shenzhen Special Bank Co., Ltd. (Jan. 25.00) or Jan. 25.00% structured deposit of March 2004
Limited company 300 index European
Si Eryuan bullish conclusion
Structure)
Guangdong
Jinlai Guangfa "win in Yitian"
Special bank Series B deposit term 2022
2. Deposit of machine shares, stock funds and products 8000.00 February - t + 6 2.1% shares limited (T + 0 / T + 6) 24
Limited company
department
Note: there is no relationship between the company and the above banks.
2、 Risk tips and risk control measures
(I) risk warning
Although the structured deposits and time deposits purchased by the company belong to the principal guaranteed type, the financial market is greatly affected by the macro economy. It is not excluded that the investment is affected by policy risk, market risk, credit risk, liquidity risk, product early termination risk, product non establishment risk, information transmission risk, force majeure and accident risk, which affect the income.
(II) risk control measures
1. The financial department of the company shall do a good job in the preliminary investigation and feasibility demonstration of investment and financial management, timely analyze and track the investment direction and progress of financial products, and control the investment risk of the company;
2. The internal audit department of the company is responsible for the daily supervision of the use and storage of financial products, and the audit and supervision of the use and storage of financial products;
3. 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;
4. The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
3、 Impact on the daily operation of the company
1. The company's use of some idle raised funds for cash management this time is based on the actual situation of the company. Under the condition of ensuring that the construction of investment projects with raised funds is not affected, the company can improve the use efficiency of funds and obtain more returns for the company and shareholders by purchasing Principal Guaranteed products with short-term (no more than one year), high safety and good liquidity.
2. The total amount of entrusted financial products this time is 130 million yuan, accounting for 23.27% of the net fund raised this time of 558699600 yuan, which will not have a significant impact on the company's main business, financial status, operating results and cash flow in the future.
3. According to the provisions of the new financial instrument standards, structural deposits are financial assets measured at fair value and the changes are included in the current profit and loss, which are listed in the "trading financial assets" title, the changes in fair value are listed in the "profit and loss from changes in fair value" title, and the disposal income is listed in the "investment income" title during disposal. Time deposits are listed in the "monetary capital" account.
4、 Use the temporarily idle raised funds for cash management 12 months before the announcement date
As of the 12 months before the date of this announcement, the company has used idle raised funds for cash management, with a cumulative amount of RMB, actual income of RMB, and financial products that have not yet expired totaling RMB.
5、 Documents for future reference
1. Structured deposit contracts;
2. Relevant bank vouchers.
It is hereby announced.
Kennede Electronics Mfg.Co.Ltd(002723) board of directors February 25, 2022
