Securities code: Inner Mongolia Dazhong Mining Co.Ltd(001203) securities abbreviation: Inner Mongolia Dazhong Mining Co.Ltd(001203) Announcement No.: 2022029 Inner Mongolia Dazhong Mining Co.Ltd(001203)
Announcement on the use of idle raised funds to purchase the due redemption of structured deposits
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.
Inner Mongolia Dazhong Mining Co.Ltd(001203) (hereinafter referred to as “the company”) held the 16th meeting of the 4th board of directors and the 9th meeting of the 4th board of supervisors on May 28, 2021, deliberated and adopted the proposal on using some idle raised funds for cash management, and agreed that the company, on the premise of ensuring the construction needs of investment projects with raised funds, Use no more than 700 million yuan of idle raised funds to purchase low-risk breakeven financial products with high safety and good liquidity. See the relevant announcement disclosed by the company on May 31, 2021 for details. 1、 Redemption of purchased structured deposits upon maturity
Anhui jinrisheng Mining Co., Ltd., a subsidiary of the company, purchased China Citic Bank Corporation Limited(601998) structural deposits with idle raised funds of 50 million yuan. The starting date of income is December 6, 2021 and the maturity date is March 6, 2022. The expected annualized rate of return is 1.48% – 3.45%. See the relevant announcement disclosed by the company on December 7, 2021 for details. On March 7, 2022, the company redeemed the financial product and recovered the principal of 50 million yuan.
2、 At present, the use of idle raised funds for entrusted financial management
As of the date of this announcement, the company and its subsidiaries have used idle raised funds to purchase financial products with a total amount of 49763153775 yuan.
It is hereby announced.
Inner Mongolia Dazhong Mining Co.Ltd(001203) board of directors March 8, 2022
