Securities code: Shenzhen Senior Technology Material Co.Ltd(300568) securities abbreviation: Shenzhen Senior Technology Material Co.Ltd(300568) Announcement No.: 2022030 Shenzhen Senior Technology Material Co.Ltd(300568)
Announcement on the use of some temporarily idle self owned funds for cash management
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.
Shenzhen Senior Technology Material Co.Ltd(300568) (hereinafter referred to as "the company") convened the 20th meeting of the 5th board of directors and the 17th meeting of the 5th board of supervisors on February 28, 2022, deliberated and adopted the proposal on cash management with some temporarily idle self owned funds. Without affecting the normal operation of the company, It is agreed that the company and its holding subsidiaries use temporarily idle self owned funds of no more than 600 million yuan for cash management, and the service life is valid within 12 months from the date of deliberation and approval by the board of directors of the company. Within the above limit, the funds can be used on a rolling basis, and the management is authorized to implement relevant matters. The company's use of some temporarily idle self owned funds to purchase financial products is within the approval authority of the board of directors and does not need to be submitted to the general meeting of shareholders for deliberation. Relevant matters are hereby announced as follows:
1、 The use of temporarily idle self owned funds for cash management this time
(I) investment purpose
In order to improve the efficiency of the use of funds, on the premise of not affecting the normal business operation of the company, use the temporarily idle self owned funds for cash management to increase the company's income.
(II) types of cash management investment products
In order to control risks, the company temporarily idle its own funds, and the products to be invested include but are not limited to low-risk and stable financial products with good liquidity and high security.
(III) validity period of the resolution
Valid within 12 months from the date of deliberation and approval by the board of directors of the company.
(IV) cash management limit
The company and its holding subsidiaries intend to use no more than 600 million yuan of temporarily idle self owned funds for cash management. Within the limited period of the above quota and resolution, the funds can be used on a rolling basis.
(V) specific implementation mode
The board of directors of the company authorizes the management to exercise the right of investment decision-making within the scope and validity of the quota, and the financial responsibility
The person in charge is responsible for handling relevant matters.
(VI) financial products purchased by the company in the last 12 months
Actual year and expectation
Redemption amount of principal and interest
Name of wealth management product: income starting date product maturity daily chemical income whether to deposit fund source (10000 yuan) interest (yuan)
Rate difference
China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate
Interval cumulative legal person RMB 40000 April 16, 2021 July 19, 202140251353425 2.44% non raised fund structured deposit product - special account
Section J, issue 101, 2021
Unit structured deposits in 20219500 April 19, 2021 October 18, 20219665794521 3.50% no raised funds 210554 Liduo company stable profits
21jg6117 (three-month bullish 5000, May 21, 2021, August 20, 20215040000000, 3.20% no, exclusive to fund-raising outlets) RMB corporate structured deposits
Unit structured deposit 10000 in 2021 July 27, 2021 August 27, 20211 Wuxi Honghui New Materials Technology Co.Ltd(002802) 7397 3.30% no raised funds 211123 China Merchants Bank Co.Ltd(600036) gold counting series is bullish
31 day structural deposit of 10000 in the three-tier interval July 26, 2021 August 26, 20211 Daoming Optics&Chemical Co.Ltd(002632) 8770 3.05% no raised funds will benefit the company and stabilize its profits
21jg6361 (3-month outlet 5000 September 10, 2021 December 10, 20215040625000 3.25% no exclusive fund-raising b) RMB corporate structured deposit China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate
Interval cumulative legal person RMB 10000 October 25, 2021 December 29, 20211004060274 2.28% non raised fund structured deposit product - special account type
Section 311 C of 2021
Bank Of Communications Co.Ltd(601328) Yuntong wealth regular 1.35%-
21 days of structured deposits (linked to 3500 December 24, 2021 January 14, 20223505235616 2.60% no fund-raising, and the exchange rate is bullish)
Lido stable profit
21jg5838 (three-tier bullish) 15000 April 23, 2021 May 24, 202115041333333 3.2% no self owned capital RMB corporate structured deposit
Lido stable profit
21jg7155 (three-tier bullish) 15000 May 24, 2021 June 28, 202115045333333 3.2% no self owned capital RMB corporate structured deposit xingyin financial management gold snowball stability [1]
No. [C] net value management property 10000 August 10, 2021 September 10, 20211 Jiangsu Jiangyin Rural Commercial Bank Co.Ltd(002807) 3951 3.65% no self owned funds
Actual year and expectation
Redemption amount of principal and interest
Name of wealth management product: income starting date product maturity daily chemical income whether to deposit fund source (10000 yuan) interest (yuan)
Rate difference
Bank Of Hangzhou Co.Ltd(600926) tianbaoli structural 1000 August 27, 2021 September 30, 20211 Shenzhen Keanda Electronic Technology Corp.Ltd(002972) 546 3.0% no self owned capital deposit (item B linked to exchange rate)
Lido stable profit
21jg5517 (special offer B 5000 in August, September 1, 2021, October 8, 2021, 5016958333, 1.40% no self owned funds) RMB corporate structured deposit
No structural deposit of the unit on November 24, 2020, 2029
Unit structured deposit 211758 November 29, 2021 December 29, 20212005342466 3.25% no self owned funds
China China Minsheng Banking Corp.Ltd(600016) Guizhu fixed income 2% or
Monthly holding period of profit increasing single month automatically renewed 5000 November 29, 2021 January 4, 20225016614543 4% no self owned fund period (Corporate) financial product ICBC financial management · Xinwenli legal person 1
Monthly regular opening of financial products 10000 December 1, 2021 March 4, 2022 - 3.69% - self owned funds (phase 1)
China China Minsheng Banking Corp.Ltd(600016) Guizhu fixed income of 2.8% or
3-month profit increase holding period automatically renewed 8000 December 27, 2021 March 28, 2022 - 4.5% - self owned fund No. 1 (Corporate) financial product
2、 Investment risk and risk control measures
(I) investment risk.
This time, the company uses some temporarily idle self owned funds for cash management
It belongs to the category of low-risk investment, but the financial market is greatly affected by the macro-economy, so it is not ruled out that the investment is affected
The company will timely and appropriately introduce the risks affected by market fluctuations according to the economic situation and changes in the financial market
In. In view of investment risks, the above investments will be implemented in strict accordance with the relevant provisions of the company to effectively prevent investment risks,
Ensure the safety of funds.
(II) for investment risks, the proposed measures are as follows:
1. The financial department of the company shall establish an investment Sub Ledger to timely analyze and track the investment direction of financial products and project progress
Once the adverse factors that may affect the safety of the company's funds are found or judged, corresponding measures will be taken in time
Safeguard measures to control investment risks;
2. The independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and can hire employees when necessary
Invite professional institutions to audit;
3. The company's internal audit department is responsible for conducting a comprehensive inspection of the products and making reasonable adjustments according to the principle of prudence
Predict the possible risks and benefits of various investments and report regularly to the audit committee of the board of directors;
4. The company will disclose the purchase and profit and loss of financial products during the reporting period in the regular report in accordance with the relevant provisions of Shenzhen Stock Exchange.
3、 Impact on the company's operation
Based on the principles of standardized operation, risk prevention, prudent investment, value preservation and appreciation, the company uses idle self owned funds for timely cash management, which is implemented on the premise of ensuring the working capital required for the normal operation of the company and will not affect the normal development of the daily operation of the company. Through appropriate cash management, the company can improve the efficiency of capital use, obtain a certain return on investment, and create more investment returns for the company and its shareholders. 4、 Necessary procedures for performance
The use of some temporarily idle self owned funds for cash management has been deliberated and approved at the 20th meeting of the 5th board of directors and the 17th meeting of the 5th board of supervisors. The independent directors and the board of supervisors of the company have expressed their opinions, and the recommendation institution has issued verification opinions. The details are as follows:
(I) opinions of independent directors
After verification, the independent directors of the company believe that the company uses the temporarily idle self owned funds of no more than 600 million yuan for cash management, and the decision-making and deliberation procedures comply with the rules for the listing of shares on the gem of Shenzhen Stock Exchange (revised in 2020) The relevant provisions of relevant laws, regulations and normative documents such as Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 2 - standardized operation of GEM listed companies and the articles of association are conducive to improving the efficiency of capital use and making rational use of some temporarily idle self owned funds for cash management without affecting normal production and operation, Get more returns for the company. It is agreed that the company will use temporarily idle self owned funds of no more than 600 million yuan for cash management.
(II) opinions of the board of supervisors
After review, the board of supervisors believes that the company's use of temporary idle self owned funds of no more than 600 million yuan for cash management is conducive to the rational use of idle self owned funds, further improve their use efficiency, increase the company's cash asset income, do not affect the normal development of the company's main business, and comply with the interests of the company and all shareholders. The decision-making and deliberation procedures of this matter are legal and compliant. The board of supervisors agreed that the company should use its own funds of no more than 600 million yuan for cash management.
(III) verification opinions of the recommendation institution
Upon verification, the company's sponsor Citic Securities Company Limited(600030) believes that:
It was deliberated and adopted at the 10th meeting and the 17th meeting of the 5th board of supervisors, and the independent directors have expressed their consent and fulfilled the necessary deliberation procedures. The company's use of temporarily idle self owned funds for cash management complies with the requirements of laws and regulations such as self regulatory guidelines for listed companies on Shenzhen Stock Exchange No. 2 - standardized operation of companies listed on GEM, which is conducive to improving the efficiency of capital use, obtaining certain investment income, in line with the interests of the company and all shareholders, and there is no loss
