Securities code: Muyuan Foods Co.Ltd(002714) securities abbreviation: Muyuan Foods Co.Ltd(002714) Announcement No.: 2022036 preferred stock code: 140006 preferred stock abbreviation: muyuanyou 01
Bond Code: 127045 bond abbreviation: muyuan convertible bond
Muyuan Foods Co.Ltd(002714)
About cooperation with Agricultural Bank Of China Limited(601288) Henan Branch
Announcement on signing comprehensive strategic cooperation agreement
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without falsehood
False records, misleading statements or material omissions.
Special tips:
1. The comprehensive strategic cooperation agreement signed this time is a framework agreement, which is mainly to deeply implement the decisions and arrangements of the CPC Central Committee on the implementation of the Rural Revitalization Strategy, promote bilateral cooperation to a new height, create a new model of bank enterprise cooperation, and establish a comprehensive strategic cooperation relationship on the basis of voluntariness, equality and integrity;
2. The signing of this agreement is not expected to have a significant impact on the company’s operating performance this year;
3. This Agreement does not involve related party transactions and does not constitute a major asset reorganization specified in the administrative measures for major asset reorganization of listed companies.
Muyuan Foods Co.Ltd(002714) (hereinafter referred to as “the company”) and Agricultural Bank Of China Limited(601288) Henan Branch (hereinafter referred to as ” Agricultural Bank Of China Limited(601288) Henan Branch”) signed the comprehensive strategic cooperation agreement (hereinafter referred to as “the agreement”) in Zhengzhou, Henan Province on February 26, 2022. On the basis of mutual respect, mutual trust, equality and voluntariness, the two sides based on equality, mutual benefit, comprehensive cooperation Establish long-term strategic partnership based on the principle of seeking common development. The details are as follows:
1、 Information of partners
Company name: Agricultural Bank Of China Limited(601288) Henan Branch
Person in charge: Wang Dajun
Address: No. 16, business outer ring road, Zhengdong New District, Zhengzhou
Business scope: absorbing public deposits; Issuing short-term, medium-term and long-term loans; Handle settlement outside China; Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent for issuing, cashing and underwriting government bonds; Buying and selling government bonds and financial bonds; Engage in interbank lending; Buying and selling foreign exchange; Settlement and sale of foreign exchange; Engage in bank card business; Provide letter of credit service and guarantee; Acting for collection and payment of funds and insurance business; Provide safe deposit box service; Acting for fund clearing; All kinds of exchange business; Acting as a loan agent for policy banks, foreign governments and international financial institutions; Loan commitments; Organize or participate in syndicated loans; Foreign exchange deposits; Foreign exchange loans; Foreign exchange remittance; Foreign exchange borrowings; Issuing, acting as an agent for issuing, trading or acting as an agent for trading foreign currency securities other than stocks; Acceptance and discount of foreign exchange bills; Trading of foreign exchange for self operation and clients; Foreign currency exchange; Foreign exchange guarantee; Credit investigation, consultation and witness business; Corporate and personal financial advisory services; Securities company customer transaction settlement fund custody business; Securities investment fund custody business; Enterprise annuity custody business; Industrial investment fund custody business; Domestic securities investment custody business of QFII; Acting for open-end fund business; Telephone banking, online banking and mobile banking; Financial derivatives trading business; Other businesses approved by Bank Of China Limited(601988) industry supervision and administration authority and other regulatory authorities. (where the above scope needs to be approved, it shall not be operated without approval)
The company has no relationship with Agricultural Bank Of China Limited(601288) Henan Branch.
Agricultural Bank Of China Limited(601288) Henan branch is not a dishonest party and has good performance ability.
2、 Main contents of the agreement
(I) both parties
Party A: Muyuan Foods Co.Ltd(002714)
Party B: Agricultural Bank Of China Limited(601288) Henan Branch
(II) principle of cooperation
In accordance with national laws, regulations and relevant provisions of the banking regulatory authority, on the basis of mutual respect, mutual trust, equality and voluntariness, Party A and Party B establish a long-term strategic partnership based on the principles of equality and mutual benefit, comprehensive cooperation and common development. Party A takes Party B as the host bank of financial services and gives priority to all kinds of financial services provided by Party B under the same conditions; Party B regards party A as a long-term strategic partner, gives priority to providing Party A with high-quality financial services and helps Party A to achieve stability and prosperity.
(III) cooperation content
1. Financing business services
Party B shall provide Party A with financial convenience, provide Party A with all-round services in financing within the scope permitted by policies and laws, increase credit business support, and carry out in-depth cooperation with Party A on bond underwriting, M & A financing, capital market business, etc. 2. Industrial chain financial services
Focusing on the capital, logistics and other business data chain between Party A and upstream and downstream enterprises, combined with the characteristics of industry, regional distribution and qualification of upstream and downstream enterprises of Party A, Party B uses diversified settlement and trade financing products to provide customized comprehensive financial products and services of industrial chain including online and offline modes for Party A.
3. Settlement and cash management services
Party B gives full play to the overall advantages of branches and service resources, assists Party A in establishing an internal cash flow management network according to Party A’s settlement and fund management needs, and designs to meet Party A’s personalized needs through the combined application of various fund settlement products and credit products, including account management, collection and payment management, liquidity management, short-term investment management A comprehensive cash management service scheme including capital risk management, which strengthens centralized capital management, flexibly schedules positions, improves capital utilization efficiency and reduces financial costs.
4. International Business Services
It is convenient for Party A to make use of the diversified financing channels of the head office and the international settlement network, which is convenient for Party B’s cross-border settlement. At the same time, provide Party A with high-quality foreign exchange preservation, appreciation, investment and financial management and financial services for the purpose of avoiding exchange rate risk.
5. Innovative financial services
Both parties shall strengthen cooperation in the development of financial products and jointly develop innovative financial products that meet the development needs of Party A. Provide, including but not limited to asset securitization business, industrial fund investment services, special account financial services, etc., to effectively optimize the financial resources of Party A and its member units and improve the efficiency of fund use; Improve the welfare perception of Party A’s employees through a number of products and services such as enterprise annuity, salary deferment and welfare management, and help Party A establish a long-term incentive mechanism; Conduct business in online payment, intelligent terminal, e-commerce and other Internet financial fields to meet Party A’s multi scenario financial service needs.
6. Personal comprehensive services
Party B shall make use of its own product advantages to customize and provide diversified personal financial services for Party A’s executives and employees, including but not limited to “one package” accurate services such as payroll, credit card, consumption installment, deposit of provident fund, housing mortgage loan, personal comprehensive loan, digital finance and so on.
(IV) commitment and service
1. Party A regards party B as the host bank of financial services, and gives priority to Party B to handle various financial businesses under the same conditions.
(1) Party A selects Party B as the financing sponsor and favors Party B in bond underwriting, custody business, international business, salary agency and other aspects.
(2) Party A shall give priority to opening a corporate settlement account with Party B and give priority to the payment and settlement channel services and cash management system services provided by Party B.
(3) On the premise that Party B abides by the confidentiality agreement and protects the rights and interests of Party A, Party A shall open the production management system, intelligent inspection system and sales bidding platform system to Party B, and cooperate with Party B in post loan management.
(4) Party A shall timely inform Party B of major matters such as production, operation and development planning.
2. Party B shall perform the duties of strategic partner and host bank and provide Party A with high-quality and efficient financial services.
(1) On the premise of meeting the regulatory requirements, Party B’s internal control system and credit conditions, provide Party A with all-round services in financing and fully support Party A’s operation and development; Give preferential support to Party A in terms of interest rate, term and credit scale, and give priority to the financing needs of Party A and its subsidiaries.
(2) Establish a linkage mechanism inside and outside the province to provide all-round financial services for the projects of Party A and its subsidiaries inside and outside the province; Deliver the true and accurate information of Party A to the financial industry and regulatory authorities, cooperate with Party A in the communication and coordination of various matters, and help Party A develop healthily and stably.
(3) Provide VIP services for key customers to Party A within the scope allowed by laws and regulations and Party B’s rules and regulations, and implement differentiated and personalized services; Establish a “green channel”, implement special affairs, simplify business procedures and optimize operation processes. (V) cooperation guarantee mechanism
In order to maintain long-term friendly cooperation, the two sides hold high-level talks from time to time, timely communicate relevant information, feed back cooperation opinions, close cooperative relations and improve service quality and efficiency.
The two sides establish a daily liaison system, set up working groups, designate centralized liaison departments and personnel, supervise and summarize the implementation of the agreement, coordinate and solve the problems in the implementation of the agreement, and jointly promote the implementation of strategic cooperation between the two sides.
(VI) supplementary provisions
1. This agreement is a guiding document for the cooperation between both parties. The specific financial business involved in the agreement will be agreed by both parties through a separate agreement. If the specific agreement is inconsistent with this agreement, the specific business agreement shall prevail.
2. This Agreement shall come into force after being jointly signed by the legal representatives (principals) or their authorized agents of both parties and stamped with the official seals of both parties, and shall be valid for five years. During the execution of this agreement, if one party needs to change or terminate this agreement according to the business development, it must notify the other party one month in advance and can be changed or terminated only after both parties reach an agreement through consultation.
Upon the expiration of this agreement, if both parties have no objection, this agreement will be automatically extended for one year, and the number of extensions will not be limited.
3、 Impact on the company
The signing of this comprehensive strategic cooperation agreement will help the company strengthen and consolidate the continuous and stable cooperation with Agricultural Bank Of China Limited(601288) Henan Branch, play a greater role in promoting the company’s integration of strategic resources and optimization of financing structure, and is in line with the company’s development plan and the company’s overall interests.
4、 Risk tips
The agreement signed this time is a strategic cooperation framework agreement between the two sides, and the relevant implementation details need to be further implemented and clarified. The company will perform relevant decision-making procedures and information disclosure obligations in strict accordance with the provisions and requirements of the Listing Rules of Shenzhen Stock Exchange and the articles of association. Please invest rationally and pay attention to investment risks.
5、 Other relevant instructions
(I) framework agreements disclosed by the company in the last three years
No. date of disclosure and implementation of main contents
1. The agreement between the company and Henan Shuanghui Investment Development Co., Ltd. is under normal performance on January 4, 2022.
The company signed a strategic cooperation framework agreement
2. On August 14, 2020, the company and China Everbright Bank Company Limited Co.Ltd(601818) agreement are under normal performance.
Sign strategic cooperation agreement
The cooperation agreement signed between the company and the people’s Government of Ningling county is under normal performance.
3. On April 27, 2020, the board of directors deliberated and approved the establishment of Ningling Muyuan Meat Food Co., Ltd. in Ningling county.
4. On January 23, 2020, the agreement between the company and Huaxia jiuying Asset Management Co., Ltd. is under normal performance.
The company signed a strategic cooperation agreement
The agreement between the company and SDIC Chuangyi Industrial Fund Management Co., Ltd. is under normal performance.
5. The strategic cooperation framework agreement signed by the company on December 11, 2019 has been reviewed and approved by the board of directors, and the company is a joint venture.
The agreement signed between the company and Huaneng Guicheng Trust Co., Ltd. is under normal performance.
6. The strategic cooperation agreement on November 9, 2019 has been deliberated and approved by the board of directors, and the joint venture company is established.
The agreement is under normal performance.
7 on November 9, 2019, the company signed a cooperation agreement with the people’s Government of Shangshui County, which was deliberated and approved at the 26th meeting of the third board meeting held on April 24, 2020, and changed the scale from 2 million to 4 million.
In the next three months, there is no situation that the restricted shares held by controlling shareholders, shareholders holding more than 5% and directors, supervisors and Gao will be lifted; Up to now, the company has not received the notice from the controlling shareholders, shareholders holding more than 5% shares and directors, supervisors and senior management that they plan to reduce their shares in the company in the next three months. If they plan to implement the share reduction plan in the future, the company will timely fulfill the obligation of information disclosure in accordance with relevant regulations.
6、 Documents for future reference
1. Comprehensive strategic cooperation agreement signed by the company and Agricultural Bank Of China Limited(601288) Henan Branch.
It is hereby announced.
Muyuan Foods Co.Ltd(002714)
