Securities code: 300512 securities abbreviation: Hangzhou Zhongya Machinery Co.Ltd(300512) Announcement No.: 2022-020 Hangzhou Zhongya Machinery Co.Ltd(300512)
Announcement on the progress of cash management and investment with some self owned funds
The company and all members of the board of directors guarantee that the content of information disclosure is true, accurate and complete without falsehood
False records, misleading statements or material omissions.
On May 18, 2021, Hangzhou Zhongya Machinery Co.Ltd(300512) (hereinafter referred to as "the company") in 2020
The general meeting of shareholders deliberated and approved the proposal on using part of its own funds for cash management and investment
Italian companies (including subsidiaries) use their own funds of no more than 450 million yuan for cash management and investment
It shall be valid for 12 months from the date of deliberation and adoption by the East Asian Congress. Within the validity period of the above quota and resolution, it can roll circularly
use.
On February 24, 2022, Hangzhou Ruidong Machinery Co., Ltd. (hereinafter referred to as "Ruidong") was a wholly-owned subsidiary of the company
At Bank Of Jiangsu Co.Ltd(600919) Hangzhou Gongshu small and micro enterprise franchise sub branch (hereinafter abbreviated as
The corporate structured deposit purchased by " Bank Of Jiangsu Co.Ltd(600919) Hangzhou Gongshu sub branch") is A20 million yuan for three months in the 57th issue of 2021, and the interest income is 170000.00 yuan.
On February 24, 2022, the company conducted pledge quotation repurchase through Citic Securities Company Limited(600030) online trading system. have
The following is the case:
1、 Main information of cash management and investment
(I) main information of redeemed products
Client trustee product amount product start date maturity date interest income name (10000 yuan) type (yuan)
Bank Of Jiangsu Co.Ltd(600919) corporate structured deposit structure November 2021 February 2022
Ruidong machinery Hangzhou Gongshu 2021 572000.00 deposit month 24 month 24 170000.00 sub branch phase 3-month payment a
(II) main information of products purchased this time
Client trustee product amount product start date maturity date estimated annualized fund name (10000 yuan) type rate of return source
Hangzhou Zhongya Machinery Co.Ltd(300512) CITIC Zhouxin 1000.00 pledge report February 2022 February 2022 2 2.20% self owned securities 1640 term repurchase March 24 March 3 funds
There is no relationship between the company and the above trustees.
2、 Main terms of cash management and investment related products
The company and Citic Securities Company Limited(600030) signed the pledge quotation repo customer agreement and pledge quotation repo risk disclosure through the online trading system. The main terms are as follows:
1. Pledged quoted price repurchase transaction refers to Citic Securities Company Limited(600030) taking the self owned assets in line with the provisions of the measures for pledged quoted price repurchase transaction, registration and settlement business (SZK [2013] No. 35) as the pledge, and taking the amount corresponding to the converted standard bonds of the pledge as the financing limit, It is a transaction in which Citic Securities Company Limited(600030) is agreed to return the invested funds and pay the corresponding income to the company when the repurchase expires.
2. Citic Securities Company Limited(600030) has been approved by Shenzhen Stock Exchange to carry out quotation based repo business. The company conducts quotation based repo transactions with Citic Securities Company Limited(600030) , and entrusts and authorizes Citic Securities Company Limited(600030) to handle transaction declaration, registration and settlement of quotation based repo and other matters related to quotation based repo.
3. If the company needs to withdraw money on a trading day, it must make an appointment withdrawal setting before 15:00 of the trading day before the trading day. After the setting is successful, the company can withdraw money before 15:00 of the trading day. The company cannot withdraw money on non trading days.
4. The term of repurchase transaction is calculated on a natural day. If the due date is a non trading day, the term of repurchase transaction shall be postponed to the next trading day. The company enjoys interest income from the next trading day after submitting the quotation repurchase entrustment; No interest income will be enjoyed from the next trading day after the maturity date of repurchase (or early Repurchase Trading Day).
5. On the repurchase maturity date or early repurchase transaction date, the transaction will be automatically terminated, and the income will be paid and cleared by Citic Securities Company Limited(600030) together with the repurchase principal on the repurchase maturity date or early repurchase transaction date. Funds are available on the same day, but cannot be withdrawn on the same day.
3、 Investment risk analysis and risk control measures
(I) main investment risks
1. In the quoted repo transaction, there may be the risk that the fund transfer on T + 1 (t is the trading day) fails due to insufficient funds and system failure, and the corresponding fund transfer needs to be delayed to t + 2. If the fund transfer cannot be completed on T + 2, it is a breach of contract, and the corresponding breaching party shall bear the liability for breach of contract. 2. Possible counterparty credit risks and losses in quoted repo transactions, including but not limited to: failure of securities or capital transfer due to Citic Securities Company Limited(600030) , failure of collateral to fully guarantee all quoted repo debts due to fluctuation of collateral value, adjustment of conversion rate, judicial freezing or deduction, etc, As well as Citic Securities Company Limited(600030) being suspended or terminated the offer repurchase authority, entering risk disposal or bankruptcy proceedings, etc.
(II) proposed risk control measures
1. Strictly select investment objects and select products issued by units with good reputation, large scale, ability to ensure capital safety, good operating efficiency and strong capital operation ability.
2. The company pays close attention to the cash management and investment. If the assessment finds that there are risk factors that may affect the safety of the company's funds, the company will take corresponding measures in time to control the investment risk.
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 Audit Department of the company is responsible for conducting a comprehensive inspection of the products, reasonably predicting the possible risks and benefits of various investments according to the principle of prudence, and regularly reporting to the audit committee of the board of directors.
5. The company will do a good job of relevant information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
4、 Specific analysis and explanation on the safety of investment products and meeting the capital preservation requirements
The cash management and investment of the company use the company's own funds of 10 million yuan, and the investment amount does not exceed the limit authorized by the general meeting of shareholders. It is a stable, low-risk and good liquidity product.
5、 Impact on the company's operation
This cash management and investment of the company is based on the principles of standardized operation, risk prevention, prudent investment, value preservation and appreciation. Under the condition of ensuring the normal operation of production and operation, some of the company's own funds are used for cash management and investment, which will not affect the normal operation of the company's production and operation. At the same time, it can improve the efficiency of fund use and obtain certain income, Obtain more return on investment for the company and shareholders.
6、 Relevant review and approval procedures
The 2020 annual general meeting of shareholders of the company deliberated and approved the proposal on using part of its own funds for cash management and investment.
The independent directors and the board of supervisors of the company expressed their agreed verification opinions on the proposal on using part of their own funds for cash management and investment.
The amount and duration of this cash management and investment are within the approved scope and do not need to be submitted to the board of directors of the company
Or the general meeting of shareholders.
7、 Cash management and investment within 12 months before the announcement date
Trustee's name, product name, amount, product type, starting date, redemption date, estimated annual income, remark (10000 yuan) profit rate
Citic Securities Company Limited(600030) Zhou Xin 1451 phase 1052.80 pledge type report 2021 / 03 / 02 2021 / 03 / 09 2.40% redemption price repurchase
Citic Securities Company Limited(600030) on March 9, Central Asia Machinery reported 3000.00 pledge on 2021 / 03 / 09 and 2021 / 03 / 23. 2.70% has been redeemed and repurchased at the price of 14 days
Citic Securities Company Limited(600030) Zhongshui Siasun Robot&Automation Co.Ltd(300024) March 9 1000.00 pledge report 2021 / 03 / 09 2021 / 04 / 13 3.00% repurchase at 35 days' price on the redemption date
Citic Securities Company Limited(600030) Central Asia Machinery Co., Ltd. pledged 4000.00 on March 23 to 2021 / 03 / 23 2021 / 04 / 07. 2.80% has been redeemed and repurchased at the price of 15 days
Citic Securities Company Limited(600030) on April 7, Central Asia Machinery reported 4000.00 pledge on 2021 / 04 / 07 2021 / 04 / 21, with 2.60% redeemed and 14 day repurchase price
Citic Securities Company Limited(600030) Zhongshui Siasun Robot&Automation Co.Ltd(300024) on April 13, 1000.00 pledge was reported to 2021 / 04 / 13, 2021 / 05 / 11, and 2.60% was repurchased at the price of 28 days on the redemption date
"Huilifeng" in 2021
ABC Shixiang 4792 corporate customized structured deposits 2021 / 04 / 22 2021 / 05 / 27 1.50% - 3.40% redeemed loop sub branch civil currency structured deposits 1000.00
product
Citic Securities Company Limited(600030) on April 29, the pledge of 4000.00 of Central Asia Machinery was reported as 2021 / 04 / 29, 2021 / 05 / 13. 2.70% has been redeemed and repurchased at the price of 14 days
Corporate structured deposits of Bank of Jiangsu 10000.0 structured deposits 1.4% or
Hangzhou Gongshu No. 29 2021 3 0 models 2021 / 05 / 10 2021 / 08 / 10 3.63% redeemed sub branch month a
Bank of Hangzhou "Tianlibao" structured deposit 3.55%, 3.35%
Hushu sub branch products 2000.00 models 2021 / 05 / 12 2021 / 08 / 12 or 1.52% redeemed (tlbb20212005)
"Huilifeng" in 2021
ABC Shixiang 4944 corporate customized 3000.00 structured deposit 2021 / 05 / 12 2021 / 06 / 16 1.50% - 3.40% redeemed loop sub branch civil currency structured deposit
product
Citic Securities Company Limited(600030) Yuexin 1058.00 pledge type report 2021 / 05 / 12 2021 / 06 / 09 2.40% redemption price repurchase
Citic Securities Company Limited(600030) Central Asia Machinery Co., Ltd. pledged at 2000.00 on May 14, 2021 / 05 / 14 2021 / 05 / 28. 2.55% has been redeemed and repurchased at the price of 14 days
Citic Securities Company Limited(600030) Yuexin 1060.00 pledge type report 2021 / 06 / 09 2021 / 07 / 07 2.50% redemption price repurchase
Citic Securities Company Limited(600030) Hangzhou Zhongya Machinery Co.Ltd(300512) on July 8, 1000.00 pledge was reported to 2021 / 07 / 08 2021 / 07 / 22, with 2.80% redeemed and 14 day repurchase price
Citic Securities Company Limited(600030) Hangzhou Zhongshui Siasun Robot&Automation Co.Ltd(300024) 7 1062.00 pledge report 2021 / 07 / 08 2021 / 07 / 22 2.80% redeemed
