Securities code: Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) securities abbreviation: Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) Announcement No.: 202217
Bond Code: 127027 bond abbreviation: Jingyuan convertible bond
Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552)
Announcement on carrying out financial asset pool business
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.
Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) (hereinafter referred to as "the company" or "the company") held the 5th meeting of the 10th board of directors on February 28, 2022, deliberated and adopted the proposal on developing financial asset pool business. The relevant information is hereby announced as follows:
1、 Overview of financial asset pool business
1. Business Overview
Financial asset pool business refers to the collective management service of financial assets provided by cooperative financial institutions for the company, that is, the company and its subordinate member units (including its wholly-owned subsidiaries and holding subsidiaries) keep their financial assets in the financial institutions to realize the collective management of the company's financial asset information; Or pledged to the financial institution to form a shared guarantee amount for the business of the company or its subordinate member units applying for financing from the financial institution. The assets in the financial asset pool include but are not limited to notes, certificates of deposit, financial products, bonds and other financial assets. 2. Cooperative financial institutions
The cooperative financial institution that the company plans to carry out financial asset pool business is a commercial bank with good credit in China. The specific cooperative bank will be selected according to the cooperative relationship between the company and commercial banks, business ability and other comprehensive factors.
3. Implementation quota
The company uses a financial asset pool limit of no more than 300 million yuan, which can be used on a rolling basis during the business term.
4. Term of validity
Two years from the date of approval by the board of directors.
5. Guarantee mode
On the premise of controllable risk, the company applies to financial institutions for financing business with the financial asset pool as the guarantee. The specific financing business is subject to the separate single financing business contract signed between the company and the financial institutions. The guarantee amount can be shared and used by the company or its subordinate members, The specific form and amount of each guarantee will be determined according to the business needs of the company and its subordinate member units and the principle of maximizing interests.
2、 Purpose of carrying out financial asset pool business
The company's financial asset pool business this time can further realize the centralized management and use of the financial assets of the company and its subordinate member units; At the same time, making full use of the undue financial assets as collateral for financing and revitalizing the financial asset resources is conducive to reducing the occupation of monetary funds, improving the liquidity of assets, optimizing the financial structure, improving the use efficiency of funds and maximizing the benefits of shareholders.
3、 Risk and risk control of financial asset pool business
The company's financial asset pool business will not have an adverse impact on the generation and operation of the company. The company has formulated strict approval procedures and decision-making authority, which will effectively prevent risks.
4、 Decision making procedure and organization implementation
1. Within the limit, the board of directors of the company authorizes the management to exercise the decision-making power of specific operations and sign relevant contract documents, including but not limited to selecting qualified commercial banks and determining the specific limit, collateral, guarantee form and amount of financial asset pool that the company can use;
2. Authorize the financial department of the company to be responsible for organizing and implementing the financial asset pool business. The financial department of the company will timely analyze and track the business progress. If adverse factors are found or judged, it will timely take corresponding measures to control risks and report to the board of directors of the company at the first time;
3. Independent directors and the board of supervisors have the right to supervise and inspect the specific conditions of the company's financial asset pool business;
4. The Audit Office of the company is responsible for auditing and supervising the development of financial asset pool business.
5、 Documents for future reference
1. Resolution of the 5th meeting of the 10th board of directors. It is hereby announced.
Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) board of directors March 2, 2022
