Securities code: Jiangsu Yunyi Electric Co.Ltd(300304) securities abbreviation: Jiangsu Yunyi Electric Co.Ltd(300304) Announcement No.: 2022011 Jiangsu Yunyi Electric Co.Ltd(300304)
Announcement on investment in new headquarters and R & D center construction projects
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.
1、 Investment overview
In order to meet the needs of sustainable development in the future, improve the overall R & D level and management efficiency of the company, improve the R & D and office environment, effectively enhance the company's image, and attract and stabilize high-end talents, Jiangsu Yunyi Electric Co.Ltd(300304) (hereinafter referred to as "the company") plans to build a project in the general construction department and R & D center of Xuzhou high tech Zone to further improve the company's independent innovation ability and R & D strength, Optimize and improve the R & D and innovation system of basic and forward-looking projects such as new technologies and products, so as to provide strong technical resource support for the company's future business development. On March 9, 2022, the 17th meeting of the 4th board of directors and the 16th meeting of the 4th board of supervisors deliberated and adopted the proposal on investing in the construction project of new headquarters and R & D center, the proposal on investing in the R & D and industrialization project of new energy power module, and the proposal on investing in the R & D and industrialization project of new semiconductor discrete devices, According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange and the articles of association, the investment amount involved in the above investment matters has exceeded 50% of the company's latest audited net assets, which belongs to the decision-making authority of the general meeting of shareholders and needs to be submitted to the general meeting of shareholders for deliberation and approval. The board of directors requests the general meeting of shareholders to authorize the chairman of the company or his authorized person to handle subsequent matters related to project investment and construction.
This investment does not constitute a connected transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Basic information of investment projects
1. Project Name: headquarters and R & D center construction project;
2. Project implementation subject: Jiangsu Yunyi Electric Co.Ltd(300304) ;
3. Construction site: North Zhujiang Road and West Fumin Road, high tech Zone, Xuzhou City, Jiangsu Province (the specific location, boundary and area of the plot shall be subject to the reply of the natural resources and planning department);
4. Total investment of the project: the planned total investment of the project is about 3743219 million yuan (excluding the land cost paid for bidding for land use rights), including construction project investment, software and hardware equipment investment, basic reserve fund, technology development investment, etc. the final total investment of the project is subject to the actual investment, which will be invested as needed according to the actual progress of the project;
5. Source of project funds: self raised funds;
6. Construction period of the project: it is expected that it will not exceed 36 months from the commencement of construction, and the actual construction situation will prevail;
7. Construction scale and content of the project: the total construction area of the project is about 30000 square meters (subject to the actual construction). The headquarters office and technology R & D place integrating office building, technology research center and product exhibition center are newly built. At the same time, advanced equipment and instruments required for R & D, test and detection are equipped to establish a perfect office and experimental environment, Optimize and improve the R & D and innovation system of the company's basic and forward-looking projects such as new technologies and products, lay a technical foundation for the upgrading of the company's existing products and the introduction of new products, and ensure the sustainable, stable and healthy development of the company.
3、 Existing risks and their impact on the company
(I) investment purpose
With the continuous expansion of the company's business scale, in order to meet the needs of sustainable development in the future, improve the company's overall R & D level and management efficiency, improve the R & D and office environment, further improve the comprehensive management ability and overall image, better attract high-end talents, and meet the needs of the company's modern, information and digital operation and management, Provide strong guarantee for the company's business operation and R & D, so as to enhance the company's market competitiveness and sustainable profitability, which is in line with the interests of the company and all shareholders.
(II) existing risks
1. The construction land of this investment project has not been obtained, and there is uncertainty about whether the land use right can be obtained, the final transaction price and the acquisition time. The company will actively maintain close communication with relevant government departments to ensure that it can be obtained by bidding through the open procedures of government land bidding, auction and listing.
2. The capital of this investment project comes from self raised funds. The investment amount is large and the construction cycle is long. In the process of project construction, if the credit policy and the smoothness of financing channels change, the company may bear certain capital risks. In order to avoid and reduce the financial risk of project construction, the company will make full use of the advantages of listed companies to ensure fund operation and reduce construction costs. At the same time, the company will make overall planning for fund arrangement in project construction, establish a scientific and reasonable supervision mechanism, and improve the utilization efficiency of funds, so as to ensure the good operation of project funds and ensure the smooth implementation of the project.
3. The investment project is large and has many construction contents. In the process of project construction, there may be uncertainties such as construction technology and construction environment, project construction period and schedule changes. The company will strengthen the prior control of various risks in the process of project construction, and strive to complete all projects with high quality and high quality within the planning and construction period. 4. The total investment, construction period and other data involved in this investment project are estimated. The specific situation shall prevail, and the estimated number may be adjusted. There is certain uncertainty whether the implementation of the project can achieve the expected purpose and effect, which does not represent the company's prediction of future performance, nor does it constitute a performance commitment to investors, nor does it constitute a commitment to the amount of investment. The company will fulfill the obligation of information disclosure in time according to the follow-up progress of the project. Please invest rationally and pay attention to investment risks.
(III) impact on the company
The investment in the new headquarters and R & D center construction project will help optimize resource allocation, promote efficient collaborative management, enhance the company's R & D and innovation ability, provide strong support for the company's business development, enhance the company's sustainable profitability and comprehensive competitiveness, facilitate the implementation of the company's development strategy and meet the interests of all shareholders of the company, The implementation of the project will not have an adverse impact on the company's financial situation and production and operation, and will have a positive impact on the company's long-term development.
It is hereby announced
Jiangsu Yunyi Electric Co.Ltd(300304) board of directors March 10, 2002
