Stock abbreviation: Yonyou Network Technology Co.Ltd(600588) Stock Code: Yonyou Network Technology Co.Ltd(600588) No.: pro 2022020
Yonyou Network Technology Co.Ltd(600588)
As for the supplementary announcement on the use of some idle raised funds for cash management and related party transactions, the board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and integrity of its contents.
On March 7, 2022, the 31st meeting of the 8th board of directors of Yonyou Network Technology Co.Ltd(600588) (hereinafter referred to as “the company”) deliberated and approved the proposal of the company on using some idle raised funds for cash management and related party transactions. The company plans to use the idle raised funds of RMB 140 million (including this amount), Purchase financial products with high security, good liquidity and principal guaranteed period of less than 12 months from the related party Beijing Centergate Technologies (Holding) Co.Ltd(000931) Bank Co., Ltd. (hereinafter referred to as ” Beijing Centergate Technologies (Holding) Co.Ltd(000931) bank”). For details, please refer to the announcement of Yonyou Network Technology Co.Ltd(600588) on using some idle raised funds for cash management and related party transactions (No.: pro 2022016). The relevant information is supplemented as follows:
1、 Basic information of the subject matter of related party transactions
(I) transaction type: entrusted financial management
(II) trading target: part of the idle raised funds in the funds raised by the company’s non-public offering of shares
(III) basic information of the transaction object
Investment varieties: high security, good liquidity, time deposit with guaranteed term of less than 12 months, seven-day call deposit and large amount transferable certificate of deposit
Investment quota: no more than 140 million yuan (including this amount)
Investment period: it is valid for one year from the date of adoption of the resolution of the general meeting of shareholders of the company. Within the above limit and validity period, the funds can be used on a rolling basis
Rate of return on Investment: determine the rate of return on investment based on the market price of similar products
Source of funds: some idle raised funds (on January 14, 2022, the company held the first extraordinary general meeting of shareholders in 2022, and voted and passed the proposal on the company’s intention to sign the tripartite supervision agreement and related party transaction on the special account storage of raised funds with Beijing Centergate Technologies (Holding) Co.Ltd(000931) bank, agreeing that the company intends to increase the amount of funds raised by non-public development banks to no more than
The raised funds of 160 million yuan shall be deposited into the special account for raised funds opened by Beijing Centergate Technologies (Holding) Co.Ltd(000931) bank. On January 11, 2022, the company completed the non-public offering of shares, and the net amount of raised funds was 52575276 million yuan, and all the raised funds were in place. The company deposits 159713 million yuan of raised funds in the special account for raised funds of Beijing Centergate Technologies (Holding) Co.Ltd(000931) bank. After replacing the company’s own funds in the early stage, the remaining raised funds are 15427857 million yuan, of which no more than 140 million yuan is planned to be managed in cash in Beijing Centergate Technologies (Holding) Co.Ltd(000931) bank.)
The ownership of the subject matter of this transaction is clear, there is no pledge and any other restrictions on transfer, no litigation, arbitration matters or judicial measures such as seizure and freezing, and no other circumstances that hinder the transfer of ownership.
The pricing of related party transactions between the company and related parties is based on the market price of similar products, and the pricing of related party transactions is fair. There is no damage to the interests of the company or the interests of minority shareholders, which is in line with the principles of fairness and impartiality.
This transaction must be approved by the general meeting of shareholders, and the related shareholders interested in the related transaction will waive the right to vote on the proposal at the general meeting of shareholders.
It is hereby announced.
Yonyou Network Technology Co.Ltd(600588) board of directors March 9, 2002
