Securities code: Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929) securities abbreviation: Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929) Announcement No.: 2022015 Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929)
Announcement on investment and construction of environmental protection industry Incubation Park
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
1. Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929) (hereinafter referred to as “the company”) plans to invest no more than 90 million yuan in the construction of environmental protection industry incubation park according to the development of the industry and the future development plan of the company.
2. On March 9, 2022, the 7th Meeting of the 4th board of directors deliberated and adopted the proposal on investment in the construction of environmental protection industry Incubation Park. The voting result of the proposal was: 9 votes in favor, 0 votes against and 0 abstention. According to the Listing Rules of Shenzhen Stock Exchange gem and the articles of association, the amount of this foreign investment does not reach the scope of the deliberation authority of the general meeting of shareholders, which can be implemented after being deliberated and approved by the board of directors.
3. This foreign investment does not constitute a connected transaction, nor does it constitute a major asset reorganization stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Basic information of investment matters
1. Project Name: environmental protection industry Incubation Park
2. Implementation subject: Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929)
3. Project site: North District of Ma’anshan economic and Technological Development Zone, southwest corner of the intersection of Meishan road and Hudong road
4. Construction period: the construction period of the project is 2 years and will be completed in December 2023.
5. Construction content: the total construction area is 2156803 square meters, including 1674081 square meters above the ground and 491722 square meters underground.
6. Project investment: the total investment of the project does not exceed 90 million yuan, and the source of funds is self raised funds.
3、 Impact of project construction on the company
The construction of the project is in line with the company’s development strategy, which is conducive to strengthening the company’s sustainable innovation ability, improving the company’s market competitive advantage, further optimizing the company’s R & D ability and scientific and technological strength, and strengthening the R & D advantage of the company’s new products; It is conducive to improve the office environment of employees, improve the corporate image, attract more high-quality talents, expand and improve the talent reserve of the company and enhance the comprehensive competitiveness of the company.
4、 Risk tips
1. Project construction risk. Due to many factors affecting the project, there is a risk that the project can not be completed on schedule. The company will conduct scientific management of the project in combination with the existing construction experience, strictly control the project quality and implementation progress, continuously promote the implementation progress of the project according to the plan, and control the orderly and efficient implementation of the project. 2. Capital risk. The construction funds come from the company’s self raised funds, which has a certain impact on the company’s cash flow. If the investment fails to meet the expectation, it will have a certain impact on the cash use efficiency of the company. The company will reasonably formulate the project investment budget, properly arrange the use plan of funds, and control the project construction costs. 5、 Documents for future reference
1. Resolution of the 7th Meeting of the 4th board of directors.
It is hereby announced.
Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929) board of directors March 10, 2022
