Hisense Home Appliances Group Co.Ltd(000921) : H share announcement – subscription of financial products (December 23, 2021)

Stock Code: 000921 stock abbreviation: Hisense Home Appliances Group Co.Ltd(000921) Announcement No.: 2021-090 Hisense Home Appliances Group Co.Ltd(000921)

H-share announcement – subscription of financial products

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.

Hisense Home Appliances Group Co.Ltd(000921) (the “company”) published an announcement on the disclosure website of the stock exchange of Hong Kong Limited (www.hkexnews. HK) on December 22, 2021. According to the requirements for simultaneous disclosure at home and abroad in article 16.1 of the stock listing rules of Shenzhen Stock Exchange, the contents of the announcement are disclosed as follows for reference.

It is hereby announced.

Hisense Home Appliances Group Co.Ltd(000921) board of directors December 22, 2021

The Hong Kong Exchanges and Clearing Limited and the stock exchange of Hong Kong Limited shall not be responsible for the contents of this announcement, nor make any statement on its accuracy or completeness, and expressly state that they shall not be liable for any loss arising from or reliance on all or any part of the contents of this announcement.

HISENSE HOMEAPPLIANCES GROUPCO., LTD.

Hisense Home Appliances Group Co.Ltd(000921)

(a joint stock limited company incorporated in the people’s Republic of China)

(Stock Code: 00921)

Disclosable transactions

Subscription of financial products

The first meeting of the 10th board of directors in 2021 and the 2020 annual general meeting of shareholders of the company reviewed and approved the proposal on entrusted financial management of the company with its own idle funds on March 30, 2021 and June 25, 2021 respectively, and agreed that the company should improve the efficiency of capital use and increase the income of cash assets on the premise of controlling investment risk, With its own idle funds totaling no more than 10 billion yuan, it entrusts commercial banks, trust companies, securities companies, fund companies, insurance companies, asset management companies and other financial institutions with short-term low-risk investment and wealth management. The progress is hereby announced as follows: reference is made to these Hua Xia Bank Co.Limited(600015) financial management agreements. With regard to the subscription of financial products by the company and its subsidiaries (as subscribers) to Hua Xia Bank Co.Limited(600015) and its subsidiaries (as issuers), further details have been listed in the section entitled “list of these Hua Xia Bank Co.Limited(600015) financial management agreements” in this announcement.

The board of directors is pleased to announce that on December 22, 2021, The company (as the subscriber) entered into the 13th financial management agreement of 2021 Huaxia financial management to subscribe for the 13th financial management product of 2021 Huaxia financial management, with a subscription amount of RMB 600000000 (equivalent to about HK $734717868, note 1). The group uses its own idle funds to pay the subscription amount under these Hua Xia Bank Co.Limited(600015) financial management agreements.

The 13th financial management agreement of 2021 Huaxia financial management itself does not constitute a transaction to be disclosed by the company in accordance with article 14.06 of the listing rules. However, according to Article 14.22 of the listing rules, when the relevant subscription amounts under these Hua Xia Bank Co.Limited(600015) financial management agreements are calculated together, The relevant applicable percentage rate (as defined in the Listing Rules) of the transactions under these Hua Xia Bank Co.Limited(600015) financial management agreements exceeds 5% but is less than 25%. Therefore, the transactions under these Hua Xia Bank Co.Limited(600015) financial management agreements constitute the company’s disclosable transactions on a consolidated basis, and shall comply with the reporting and announcement requirements under the listing rules.

The first meeting of the 10th board of directors in 2021 and the 2020 annual general meeting of shareholders of the company reviewed and approved the proposal on entrusted financial management of the company with its own idle funds on March 30, 2021 and June 25, 2021 respectively, and agreed that the company should improve the efficiency of capital use and increase the income of cash assets on the premise of controlling investment risk, With its own idle funds totaling no more than 10 billion yuan, it entrusts commercial banks, trust companies, securities companies, fund companies, insurance companies, asset management companies and other financial institutions with short-term low-risk investment and wealth management. The progress is hereby announced as follows: reference is made to these Hua Xia Bank Co.Limited(600015) financial management agreements. With regard to the subscription of financial products by the company and its subsidiaries (as subscribers) to Hua Xia Bank Co.Limited(600015) and its subsidiaries (as issuers), further details have been listed in the section entitled “list of these Hua Xia Bank Co.Limited(600015) financial management agreements” in this announcement.

The board of directors is pleased to announce that on December 22, 2021, The company (as the subscriber) entered into the 13th financial management agreement of 2021 Huaxia financial management to subscribe for the 13th financial product of 2021 Huaxia financial management. The subscription amount is RMB 600000000 (equivalent to about HK $734717868, note 1). The group uses its own idle funds to pay these Hua Xia Bank Co.Limited(600015) Subscription amount under the wealth management agreement. The main terms of the Huaxia financial management agreement subscribed for this time are summarized as follows:

2021 Huaxia financial management 13th financial management agreement

(1) Subscription Date: December 22, 2021

(2) Product Name: Huaxia financial fixed income pure debt semi annual fixed opening financial product No. 2

(i) Huaxia finance as the issuer

(3) Participants: (II) the company as the subscriber

To the best of the directors’ knowledge, knowledge and belief after making all reasonable inquiries, Huaxia wealth management and its ultimate beneficial owners are third parties independent of the company and its connected persons.

(4) Product type: non breakeven floating income

(5) Product risk rating: medium and low risk

(6) Subscription principal amount: RMB 600000000 (each equivalent to approximately HK $734717868 note 1)

(7) Subscription currency: RMB

(8) Investment period: 6 months

(9) Expected annualized rate of return: the performance will fluctuate with the market, with uncertainty.

100% of Huaxia financial products subscribed this time are invested in fixed income financial instruments, including money market instruments, bonds, bond public funds, asset management products that meet the above investment scope, and other fixed income financial instruments that meet regulatory requirements.

(10) Product investment scope: money market instruments include but are not limited to bank deposits, certificates of deposit Interbank certificates of deposit (CD), short-term financing bonds, ultra short-term financing bonds, bonds with a residual maturity of less than 397 days (including 397 days), bond repurchase with a maturity of less than one year (including one year), central bank bills with a maturity of less than one year (including one year), money market funds, and other financial instruments with good liquidity recognized by the people’s Bank of China and the China Banking and Insurance Regulatory Commission;

Standardized creditor’s rights assets include but are not limited to Treasury bonds, central bank bills, local government bonds, government backed institutional bonds, financial bonds, non-financial enterprise debt financing instruments, corporate bonds, corporate bonds, international institutional bonds, interbank certificates of deposit, credit asset-backed securities, asset-backed notes, asset-backed securities listed on stock exchanges Bond type public securities investment funds, as well as standardized creditor’s rights assets recognized in the rules for the recognition of standardized creditor’s rights assets;

(11) Payment of due principal and income: the principal and income (if any) will be transferred to the account agreed by the subscriber within 2 working days after the expiration of the financial product.

(12) Early termination right: Huaxia financial has the right to terminate relevant Huaxia financial products in advance.

Reasons and benefits of subscription the approval procedures for the company’s subscription of bank financial products comply with the relevant provisions of the company’s entrusted financial management system. The subscription for these Huaxia financial products comes from the group’s own idle funds. The use of such idle funds for entrusted financial management is conducive to improving the use efficiency of the group’s own idle funds, and will not have an adverse impact on the daily operation and main business development of the group and the rights and interests of the company’s small and medium-sized investors. The board of Directors considers that the subscription of these Huaxia financial products is conducted in accordance with the general commercial terms, fair and reasonable, and in line with the overall interests of the company and shareholders. Meaning under the Listing Rules

The 13th financial management agreement of 2021 Huaxia financial management itself does not constitute a transaction to be disclosed by the company in accordance with article 14.06 of the listing rules. However, according to Article 14.22 of the listing rules, when the relevant subscription amounts under these Hua Xia Bank Co.Limited(600015) financial management agreements are calculated together, The relevant applicable percentage rate (as defined in the Listing Rules) of transactions under these Hua Xia Bank Co.Limited(600015) financial management agreements exceeds 5% but is less than 25%. Therefore, these Hua Xia Bank Co.Limited(600015) The transactions under the Wealth Management Agreement constitute the company’s disclosable transactions on a consolidated basis, and shall comply with the reporting and announcement requirements under the listing rules. The company and its subsidiaries are mainly engaged in the R & D, manufacturing and marketing of refrigerators, household air conditioners, central air conditioners, freezers, washing machines, kitchen appliances and other electrical products, as well as automobile air conditioning compressors and integrated thermal management systems. Huaxia wealth management Huaxia Wealth Management Co., Ltd. is a bank wealth management subsidiary wholly controlled by Hua Xia Bank Co.Limited(600015) . Hua Xia Bank Co.Limited(600015) is a licensed bank incorporated under the laws of China, It is listed on the Shanghai Stock Exchange (Stock Code: 600015). The main business scope of Huaxia wealth management is: public offering of wealth management products to the unspecified public to invest and manage the entrusted investor’s property; non-public offering of wealth management products to qualified investors to invest and manage the entrusted investor’s property; wealth management consulting and consulting services, etc.

List of Hua Xia Bank Co.Limited(600015) financial management agreements

Agreement name agreement date / subscribed financial products (collectively referred to as the financial products of the subscriber (collectively referred to as these Hua Xia Bank Co.Limited(600015) financial agreements) on the announcement date of Huaxia Bank)

The 10th copy of 2020 Hua Xia Bank Co.Limited(600015) December 10, 2020 (agreement) / the 10th financial management agreement of 2020 Hua Xia Bank Co.Limited(600015) Refrigerator Marketing Company December 10, 2020 (announcement) financial products

The 11th copy of 2020 Hua Xia Bank Co.Limited(600015) December 10, 2020 (agreement) / the 11th financial management agreement of 2020 Hua Xia Bank Co.Limited(600015) Refrigerator Marketing Company December 10, 2020 (announcement) financial products

The 12th 2020 Hua Xia Bank Co.Limited(600015) December 10, 2020 (agreement) / the 12th 2020 Hua Xia Bank Co.Limited(600015) financial management agreement of the company December 10, 2020 (announcement) financial products

The 13th 2020 Hua Xia Bank Co.Limited(600015) December 10, 2020 (agreement) / the 13th 2020 Hua Xia Bank Co.Limited(600015) financial management agreement of the company December 10, 2020 (announcement) financial products

The 14th 2020 Hua Xia Bank Co.Limited(600015) December 10, 2020 (agreement) / the 14th 2020 Hua Xia Bank Co.Limited(600015) financial management agreement of the company December 10, 2020 (announcement) financial products

2021 Hua Xia Bank Co.Limited(600015) first financial management agreement dated January 7, 2021 (agreement) / the company’s 2021 Hua Xia Bank Co.Limited(600015) first financial management agreement dated January 7, 2021 (announcement) financial products

2021 Hua Xia Bank Co.Limited(600015) second copy January 14, 2021 (agreement)/

 

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