Securities code: 000519 securities abbreviation: North Industries Group Red Arrow Co.Ltd(000519) Announcement No.: 2022-03 announcement on the due redemption of Nanyang North Xiangdong Industry Co., Ltd., a wholly-owned subsidiary, using some idle raised funds for cash management
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.
North Industries Group Red Arrow Co.Ltd(000519) (hereinafter referred to as "the company") held the 31st meeting of the 10th board of directors and the 24th Meeting of the 10th board of supervisors on August 9, 2021, The proposal on the wholly-owned subsidiary Zhengzhou Hongyu Special Purpose Vehicle Co., Ltd. to use part of the idle raised funds for cash management and the proposal on the wholly-owned subsidiary Nanyang North Xiangdong Industry Co., Ltd. to use part of the idle raised funds for cash management were reviewed and approved, It is agreed that Zhengzhou Hongyu Special Automobile Co., Ltd. (hereinafter referred to as "Hongyu special automobile") and Nanyang North Xiangdong Industry Co., Ltd. (hereinafter referred to as "North Xiangdong") which are wholly-owned subsidiaries of the company, use idle raised funds of no more than 30 million yuan and 60 million yuan respectively for cash management without affecting the implementation of the investment projects with raised funds, The service life shall not exceed 12 months from the date of deliberation and approval by the board of directors, and the funds can be used in rolling within the above limit. For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com.. CN.) published by the company on August 11, 2021 Announcement on the wholly-owned subsidiary Zhengzhou Hongyu Special Purpose Vehicle Co., Ltd. plans to use part of the idle raised funds for cash management (Announcement No.: 2021-66) and announcement on the wholly-owned subsidiary Nanyang North Xiangdong Industry Co., Ltd. plans to use part of the idle raised funds for cash management (Announcement No.: 2021-65). The independent directors, the board of supervisors and the independent financial adviser of the company have respectively expressed their consent to this, which was published on cninfo.com.cn on the same day Come on.
1、 Cash management with idle raised funds and redemption at maturity
1. On January 4, 2021, Hongyu special automobile purchased a corporate structured deposit product with an amount of 30 million yuan in Nanyang branch of Bank of China. For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com.. CN.) published by the company on January 6, 2021 Announcement on the progress of wholly owned subsidiaries Nanyang North Xiangdong Industry Co., Ltd. and Zhengzhou Hongyu Special Purpose Vehicle Co., Ltd. using some temporarily idle raised funds for cash management (Announcement No.: 2021-01).
The above corporate structured deposit products are redeemed by Hongyu special automobile after they expire on April 8, 2021, with an actual annualized rate of return of 1.5% and a total income of 113400 yuan.
2. On January 4, 2021, North Xiangdong purchased a corporate structured deposit product with an amount of RMB 80 million at China Everbright Bank Company Limited Co.Ltd(601818) Nanyang branch. For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com.. CN.) published by the company on January 6, 2021 Announcement on the progress of wholly owned subsidiaries Nanyang North Xiangdong Industry Co., Ltd. and Zhengzhou Hongyu Special Purpose Vehicle Co., Ltd. using some temporarily idle raised funds for cash management (Announcement No.: 2021-01).
The above corporate structured deposit products will be redeemed from the north to the East after maturity on July 4, 2021, with an actual annualized rate of return of 3.05% and a total income of RMB 1220700.
3. On April 13, 2021, Hongyu special automobile purchased a corporate structured deposit product with an amount of 30 million yuan in China Merchants Bank Co.Ltd(600036) Zhengzhou branch. For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com.. CN.) published by the company on April 15, 2021 Announcement on the progress of cash management by the wholly-owned subsidiary Zhengzhou Hongyu Special Purpose Vehicle Co., Ltd. using some temporarily idle raised funds (Announcement No.: 2021-22). The above corporate structured deposit products will be redeemed by Hongyu special automobile after expiration on July 14, 2021, with an actual annualized rate of return of 3.05% and a total income of RMB 231100.
4. On August 12, 2021, Hongyu special automobile purchased a corporate structured deposit product of RMB 30 million in China Merchants Bank Co.Ltd(600036) . For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com.. CN.) published by the company on August 14, 2021 Announcement on the progress of cash management with some idle raised funds by wholly-owned subsidiaries Zhengzhou Hongyu Special Purpose Vehicle Co., Ltd. and Nanyang North Xiangdong Industry Co., Ltd. (Announcement No.: 2021-70). The above corporate structured deposit products are redeemed by Hongyu special automobile after they expire on November 12, 2021, with an actual annualized rate of return of 3.09% and a total income of RMB 231100.
5. On November 12, 2021, Hongyu special automobile purchased a corporate structured deposit product of RMB 30 million in China Merchants Bank Co.Ltd(600036) . For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com.. CN.) published by the company on November 13, 2021 Announcement on the progress of wholly-owned subsidiary Zhengzhou Hongyu Special Purpose Vehicle Co., Ltd. using some idle raised funds for cash management, due redemption and continuing cash management (Announcement No.: 2021-99). The above corporate structured deposit products will be redeemed by Hongyu special automobile after maturity on December 29, 2021, with an actual annualized rate of return of 2.99% and a total income of RMB 108100.
6. On August 13, 2021, North Xiangdong purchased a corporate structured deposit product of RMB 60 million at China Everbright Bank Company Limited Co.Ltd(601818) Nanyang branch. For details, please refer to China Securities Journal, securities times and cninfo (www.cn. Info. Com.. CN.) published by the company on August 14, 2021 Announcement on the progress of cash management with some idle raised funds by wholly-owned subsidiaries Zhengzhou Hongyu Special Purpose Vehicle Co., Ltd. and Nanyang North Xiangdong Industry Co., Ltd. (Announcement No.: 2021-70).
The above corporate structured deposit products will be redeemed from the north to the East after maturity on December 31, 2021, with an actual annualized rate of return of 2.95% and a total income of RMB 678500.
2、 Use of temporarily idle raised funds for cash management within 12 months before the announcement date
As of the date of this announcement, the company's use of temporarily idle raised funds for cash management in the first 12 months is as follows:
Expected announcement claim announcement claim order company agreement product name amount term annualized income quoting (purchase quoting (Redemption no. Name Bank (10000 yuan) income state (10000 yuan) buy back) rate
January 2021 to www.cn www.cn. Hongyu BOC corporate structure from June 6 to 1.5% cinfo. C 1 special automobile Nanyang deposit 30002021 4 or redemption 11.34om cn. om. cn. Branch 20201635h 3.5% (2021 - (2021-01) 21)
Everbright will link 11.0% in 2021 to www.cn www.cn. The exchange rate of the Northern Bank of China to the public settlement from April 4 to or info cinfo. C 2 the structural deposit to Southeast Yang is set at 80000, and 73.05% will be redeemed 122.07om in 2021 cn. om. cn. Branch system phase I production month 4 or return (2021 - (2021 product 283.15% 01) 51)
41.6% of the investment attraction China Merchants Bank Co.Ltd(600036) points will go to www.cn in 2021 www.cn. The bank gold series is bearish from May 14 to may info cinfo. C 3. The third floor section of Zhengzhou 9130002021 redeemed 73.09% of 23.11om cn. om. cn. Branch day structural deposit month 14 or return (2021 - (2021 Hongyu payment 3.51% 22) 57)
Special steam China Merchants Bank Co.Ltd(600036) points 81.60% to www.cn in 2021 www.cn. China Merchants gold series is bearish from May 13 to may info cinfo. C 4 the bank's three-tier interval is 913000, with 113.09% redemption of 23.11om in 2021 cn. om. cn. 12 days of structural deposit month or return (2021 - (2021 - 3.29% 70) 99)
Everbright will link 81.1% in 2021 to www.cn www.cn. The exchange rate of the Northern Bank of China to the public settlement period from January 13 to or info cinfo. C 5. Redeem 67.85om of 122.95% of the structural deposit system 6000 from southeast Yang in 2021 cn. om. cn. Issued by the branch on the 30th month 31 or returned (2021 - (2022 - product 33.05% 70) 03)
China Merchants Bank Co.Ltd(600036) points 111.60% in 2021 to www.cn www.cn. Hongyu investment promotion gold series is bearish from May 15 to info cinfo. C 6 the third floor section of the special automobile bank is 443000, 122.99% of which will be redeemed by 10.81om in 2021 cn. om. cn. Days structural deposit month 29 or return (2021 - (2021 paragraph 3.19% 99) 113)
3、 Documents for future reference
North Xiangdong purchases linked structured deposit redemption certificates at China Everbright Bank Company Limited Co.Ltd(601818) Nanyang branch.
It is hereby announced.
North Industries Group Red Arrow Co.Ltd(000519) board of directors
January 1, 2022
