Securities code: 002997 securities abbreviation: Rayhoo Motor Dies Co.Ltd(002997) Announcement No.: 2021-095
Rayhoo Motor Dies Co.Ltd(002997)
Announcement on the progress of cash management with self owned funds
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.
Rayhoo Motor Dies Co.Ltd(002997) (hereinafter referred to as “the company”) deliberated and adopted the proposal on using idle self owned funds for cash management at the 19th meeting of the second board of directors and the 12th meeting of the second board of supervisors held on December 28, 2020, and agreed that the maximum amount used by the company (including holding subsidiaries) should not exceed RMB 280 million The idle self owned funds (including RMB 280 million) for cash management shall be effective within 12 months from the date of deliberation and adoption of the resolution of the general meeting of shareholders, and can be recycled and used within the above limit. At the same time, the chairman is authorized to be responsible for the decision-making power of specific investment matters and sign relevant contract documents on the premise of ensuring normal operation and capital safety. The above proposal was held on January 14, 2021 It was deliberated and adopted at the first extraordinary general meeting of shareholders.
1、 Progress of cash management using part of its own funds this time
Recently, the company used its own funds to subscribe for structured deposits from Shanghai Pudong Development Bank Co.Ltd(600000) and Industrial Bank Co.Ltd(601166) . Relevant matters are hereby announced as follows:
（1） Industrial Bank Co.Ltd(601166) structured deposit
1. Client: Rayhoo Motor Dies Co.Ltd(002997)
2. Signing Bank: Industrial Bank Co.Ltd(601166)
3. Product Name: Industrial Bank Co.Ltd(601166) enterprise financial RMB structured deposit product
4. Product type: Structured Deposit
5. Currency: RMB
6. Subscription amount: 25 million yuan
7. Product life: 30 days
8. Product value date: November 3, 2021
9. Product expiration date: December 3, 2021
10. Expected annual yield of the product: 1.50% – 3.16%
11. Description of association relationship: the company has no association relationship with Industrial Bank Co.Ltd(601166)
（2） Industrial Bank Co.Ltd(601166) structured deposit
1. Client: Rayhoo Motor Dies Co.Ltd(002997)
2. Signing Bank: Industrial Bank Co.Ltd(601166)
3. Product Name: Industrial Bank Co.Ltd(601166) enterprise financial RMB structured deposit product
4. Product type: Structured Deposit
5. Currency: RMB
6. Subscription amount: 40 million yuan
7. Product life: 32 days
8. Product value date: October 28, 2021
9. Product expiration date: November 29, 2021
10. Expected annual yield of the product: 1.50% – 3.15%
11. Description of association relationship: the company has no association relationship with Industrial Bank Co.Ltd(601166)
（3） Shanghai Pudong Development Bank Co.Ltd(600000) structured deposit
1. Client: Anhui Ruixiang Industry Co., Ltd
2. Signing Bank: Shanghai Pudong Development Bank Co.Ltd(600000)
3. Product Name: Lido company’s stable profit 21jg6498 (1-month outlet exclusive section B) RMB corporate structured deposit
4. Product type: Structured Deposit
5. Currency: RMB
6. Subscription amount: 10 million yuan
7. Product life: 31 days
8. Product value date: November 12, 2021
9. Product expiration date: December 13, 2021
10. Expected annual yield of the product: 1.40% – 3.25%
11. Description of association relationship: the company has no association relationship with Shanghai Pudong Development Bank Co.Ltd(600000)
（4） Shanghai Pudong Development Bank Co.Ltd(600000) structured deposit
1. Client: Anhui Ruixiang Industry Co., Ltd
2. Signing Bank: Shanghai Pudong Development Bank Co.Ltd(600000)
3. Product Name: Lido company Wenli 21jg6418 (1-month outlet exclusive section B) RMB corporate structured deposit
4. Product type: Structured Deposit
5. Currency: RMB
6. Subscription amount: 10 million yuan
7. Product life: 31 days
8. Product value date: October 11, 2021
9. Product expiration date: November 11, 2021
10. Expected annual yield of the product: 1.40% – 3.30%
11. Description of association relationship: the company has no association relationship with Shanghai Pudong Development Bank Co.Ltd(600000)
（5） Shanghai Pudong Development Bank Co.Ltd(600000) structured deposit
1. Client: Anhui Ruixiang Industry Co., Ltd
2. Signing Bank: Shanghai Pudong Development Bank Co.Ltd(600000)
3. Product Name: Lido company’s stable profit 21jg6578 (1-month outlet exclusive section B) RMB corporate structured deposit
4. Product type: Structured Deposit
5. Currency: RMB
6. Subscription amount: 10 million yuan 7. Product term: 31 days 8. Product value date: December 17, 2021 9. Product maturity date: January 17, 2022 10. Expected annualized rate of return of the product: 1.40% – 3.30% 11. Description of relationship: the company has no relationship with Shanghai Pudong Development Bank Co.Ltd(600000) (VI) Industrial Bank Co.Ltd(601166) structural deposit 1. Client: Anhui Ruixiang Industry Co., Ltd. 2. Signing Bank: Industrial Bank Co.Ltd(601166) 3 Product Name: Industrial Bank Co.Ltd(601166) enterprise financial RMB structured deposit product 4. Product type: structured deposit 5. Currency: RMB 6. Subscription amount: RMB 10 million 7. Product term: 42 days 8. Product value date: November 15, 2021 9. Product maturity date: December 27, 2021 10. Expected annualized yield of the product: 1.50% – 3.13% 11 Description of association relationship: the company has no association with Industrial Bank Co.Ltd(601166) (VII) Industrial Bank Co.Ltd(601166) structured deposit 1. The entrusting party: Anhui Ruixiang Industry Co., Ltd. 2. Signing Bank: Industrial Bank Co.Ltd(601166) 3. Product Name: Industrial Bank Co.Ltd(601166) enterprise financial RMB structured deposit product 4. Product type: structured deposit 5. Currency: RMB
6. Subscription amount: 20 million yuan
7. Product life: 32 days
8. Product value date: December 23, 2021
9. Product expiration date: January 24, 2021
10. Expected annual yield of the product: 1.50% – 3.10%
11. Description of association relationship: the company has no association relationship with Industrial Bank Co.Ltd(601166)
2、 Risk prompt and risk control measures
(i) Risk tips
Structured deposit products belong to low-risk investment varieties, but the financial market is greatly affected by macro-economy. It is not ruled out that this investment is affected by market fluctuations. In addition, in the process of investment, there are also risks in the storage and use of funds, the operation and professional ethics of relevant staff.
（2） Risk control measures
1. The company will strictly abide by the principle of prudent investment and choose stable investment varieties.
2. Decision makers and specific implementation departments will timely analyze and track the investment direction of financial products and project progress. If risk factors that may affect the safety of the company’s funds are found in the assessment, corresponding measures will be taken in time to control investment risks.
3. The internal audit department is responsible for auditing and supervising the use and custody of funds for purchasing financial products, and evaluating the possible risks.
4. The 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.
5. The company will timely disclose the purchase, profit and loss of financial products or time deposits and structured deposits in accordance with the relevant provisions of Shenzhen Stock Exchange.
3、 Impact on the daily operation of the company
The company’s investment in principal guaranteed financial products and structured deposits with its own funds is implemented on the premise of ensuring the company’s normal operation and daily working capital needs, and will not affect the development of the company’s business. The company’s subscription creates greater income.
4、 The company’s use of idle self owned funds for cash management within 12 months before the announcement date
As of the date of this announcement, the company used idle self owned funds to purchase financial products in the first 12 months, with an amount of 40 million yuan (including cash management products involved in this announcement).
5、 Documents for future reference
Relevant vouchers for the purchase of financial products.
It is hereby announced.
Rayhoo Motor Dies Co.Ltd(002997) board of directors
December 23, 2021
