Shenzhen Huaqiang Industry Co.Ltd(000062)
Entrusted financial management system
(formulated in March 2022)
Chapter I General Provisions
Article 1 in order to regulate the entrusted financial management of Shenzhen Huaqiang Industry Co.Ltd(000062) (hereinafter referred to as "the company"), ensure the safety of the company's assets, effectively control investment risks, improve investment returns and safeguard the legitimate rights and interests of the company and its shareholders, in accordance with the securities law and the rules on the listing of shares of Shenzhen Stock Exchange This system is formulated in combination with the actual situation of the company in accordance with the relevant provisions of the guidelines for self discipline supervision of listed companies No. 7 - transactions and related party transactions and the articles of association.
Article 2 the term "entrusted financial management" as mentioned in this system refers to the behavior that a company entrusts banks, trusts, securities, funds, futures, insurance asset management institutions, financial asset investment companies, private fund managers and other professional financial management institutions to invest and manage its property or purchase relevant financial products.
Article 3 the company shall follow the following principles when engaging in entrusted financial management:
(I) the subject of entrusted financial management is financial products with high security, good liquidity and low risk (including structured deposit products), and the term of investment in financial products shall not exceed 12 months;
(II) the funds entrusted for financial management are the company's own idle funds or temporarily idle raised funds, which shall not occupy the company's normal operation and project construction funds, nor affect the use progress of the raised funds;
(III) to carry out entrusted financial management business, we must fully prevent risks. The trustee should be a bank and other financial institutions with good credit status, good financial status, strong profitability and no bad credit record, and sign a written contract with the trustee to clarify the amount, term, investment variety, rights, obligations and legal responsibilities of both parties; (IV) financial product accounts must be established in the name of the company or its holding subsidiaries, and financial products shall not be operated by using other people's accounts.
Chapter II approval authority of entrusted financial management
Article 4 the company can reasonably predict the scope, amount and duration of entrusted financial management in the next 12 months before entrusted financial management. The expected scope, amount and duration of entrusted financial management shall be reported to the board of directors for approval. If the amount of entrusted financial management accounts for more than 50% of the company's latest audited net assets and the absolute amount exceeds RMB 50 million, the board of directors shall also submit it to the general meeting of shareholders for approval after deliberation. Independent directors shall express independent opinions on the above-mentioned deliberations.
The use period of the limit approved by the board of directors or the general meeting of shareholders of the company shall not exceed 12 months, and the transaction amount (including the relevant amount of reinvestment based on the investment income of entrusted financial management) at any point in the period shall not exceed the amount of entrusted financial management.
Article 5 within the amount of entrusted financial management approved by the general meeting of shareholders or the board of directors, the chairman of the company shall determine the specific investment financial products, amount and implementation time, and the fund settlement center of the company shall be responsible for the specific operation.
Chapter III daily management and report of entrusted financial management
Article 6 the capital settlement center of the company is the specific handling department of entrusted financial management. Specific responsibilities:
(I) according to the company's financial status, cash flow status and interest rate changes, judge the capital source, investment scale and expected income of entrusted financial management, review the content and risk assessment of financial products, formulate financial management plans and submit them to the company's leader in charge of finance, general manager and chairman for review;
(II) raise funds required for entrusted financial management, handle relevant procedures for entrusted financial management, conduct accounting treatment for financial management business on a monthly basis, and archive and keep relevant files;
(III) in the process of entrusted financial management, timely settle with financial institutions according to the terms agreed in the agreement signed with financial institutions;
(IV) during the extension of entrusted financial management, pay close attention to the progress of entrusted financial management and investment safety at any time. In case of any abnormality, it shall be reported to the leader in charge of finance, general manager and chairman of the board in time, so that the company can take effective measures to recover funds and avoid or reduce losses of the company;
(V) after the entrusted financial management expires, timely take measures to recover the principal and interest of financial management business, and carry out relevant accounting treatment in accordance with the accounting standards for business enterprises and other relevant provisions.
Article 7 the financial management center of the company shall do a good job in financial accounting and financial analysis, and support and ensure the work related to the investment of financial products of the capital settlement center.
Article 8 the company shall timely inform the Secretary of the board of directors of the entrusted financial management matters and their progress, and the Secretary of the board of directors shall perform the obligation of information disclosure (if necessary) in accordance with relevant regulations.
Article 9 the company shall establish a daily reporting system for entrusted financial management. The capital settlement center of the company shall report the entrusted financial management of the current month to the leader in charge of finance of the company within 10 days after the end of each month. In case of any abnormality or other major change, it shall be reported to the leader in charge of finance, general manager and chairman of the board in time in accordance with articles 6 and 11 of the system.
Chapter IV Risk Control of entrusted financial management
Article 10 the Audit Department of the company shall supervise the entrusted financial management, and audit and verify the progress, profit and loss, risk control and fund use of the company's investment and financial management products regularly and irregularly. Article 11 in case of any of the following situations in the invested financial products, the capital settlement center of the company shall timely report to the leader in charge of finance, the general manager and the chairman of the board, and take countermeasures. The company shall timely disclose information in accordance with relevant regulations:
(I) financial products fail to be raised, fail to complete filing and registration, terminate in advance, and cannot be recovered upon expiration; (II) change of main terms of financial product agreement or relevant guarantee contract;
(III) major risk events occur in the operation or financial status of the trustee or fund user;
(IV) other circumstances that may damage the interests of the listed company or have important impact.
Article 12 the independent directors and the board of supervisors of the company have the right to regularly or irregularly inspect the entrusted financial management of the company.
Article 13 the specific executors of the company's entrusted financial management and other informed personnel shall strengthen the confidentiality of information, and shall not disclose the company's investment to other individuals or organizations before the public disclosure of relevant information, unless otherwise stipulated in laws, regulations or normative documents.
Chapter V supplementary provisions
Article 14 the system is applicable to Shenzhen Huaqiang Industry Co.Ltd(000062) and its subsidiaries. Article 15 the system shall come into force after being deliberated and approved by the board of directors of the company.
If there is any conflict between the articles of association, regulations or relevant laws and regulations of the company or the relevant documents, the articles of association, systems and other normative matters shall be implemented in accordance with the articles of association, laws and regulations.
Article 17 the board of directors shall be responsible for the interpretation of this system.
Shenzhen Huaqiang Industry Co.Ltd(000062) board of directors March 9, 2022
