Aoshikang Technology Co.Ltd(002913)
Cash management system
(December 2021)
Chapter I General Provisions
Article 1 in order to strengthen and standardize the management of Aoshikang Technology Co.Ltd(002913) (hereinafter referred to as “the company”) cash management business, effectively control risks, increase investment income and improve capital use efficiency, and safeguard the legitimate rights and interests of the company and shareholders, in accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China and the stock listing rules of Shenzhen Stock Exchange This system is hereby formulated in combination with the actual situation of the company, in accordance with the relevant provisions of laws, administrative regulations, departmental rules, normative documents and the Aoshikang Technology Co.Ltd(002913) articles of Association (hereinafter referred to as the “articles of association”) such as the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange.
Article 2 the term “cash management” as mentioned in this system refers to the operation and management of idle self owned funds through structural deposits, commercial bank financial management, trust financial management and other financial management tools under the premise of controlling investment risks and on the principle of increasing investment income and improving capital use efficiency Maintain and increase the value of funds on the basis of liquidity.
Article 3 the principle of cash management of the company:
(i) Cash management shall comply with national laws, regulations, normative documents and other relevant provisions;
（2） Cash management shall be prudent, strengthen risk control and reasonably evaluate benefits;
（3） Cash management must adapt to the asset structure, be appropriate in scale and act according to its ability, and shall not affect the normal operation of its main business.
Article 4 the funds for cash management are the idle self owned funds of the company, and shall not occupy the normal operating funds of the company.
Article 5 when the company conducts cash management, it shall strictly follow the decision-making procedures, reporting system and monitoring measures specified in the system, and determine the investment scale according to the risk tolerance of the company.
Article 6 where the company uses the temporarily idle raised funds for cash management, it shall be implemented with reference to the requirements of the company’s raised funds management system.
Article 7 this system is applicable to the company and its holding subsidiaries. The cash management of the company’s holding subsidiaries shall be regarded as the company’s behavior, and the relevant approval procedures shall be performed in accordance with the procedures specified in the system. No cash management activities shall be carried out without approval.
Chapter II approval authority and implementation procedures
Article 8 the cash management of the company shall be approved according to the following authorities:
(i) The cumulative total amount of cash management for 12 consecutive months accounts for less than 10% of the company’s latest audited net assets (excluding 10% of the audited net assets), which shall be approved by the general manager;
（2） If the cumulative total amount of cash management for 12 consecutive months accounts for more than 10% of the company’s latest audited net assets, and the absolute amount exceeds RMB 10 million, it shall be reviewed and approved by the board of directors before investment, and the obligation of information disclosure shall be performed in a timely manner. Independent directors shall express independent opinions on whether the relevant approval procedures are compliant, whether the internal control procedures are sound and the impact of this investment on the company;
（3） If the cumulative total amount of cash management for 12 consecutive months accounts for more than 50% of the company’s latest audited net assets, and the absolute amount exceeds 50 million yuan, or should be submitted to the general meeting of shareholders for deliberation according to the provisions of the articles of association, the company shall, in addition to timely disclosure in accordance with the provisions of the preceding paragraph, submit it to the general meeting of shareholders for deliberation and approval before investment;
（4） When the company conducts cash management business such as securities investment, if it is difficult to perform the review procedures and disclosure obligations for each investment transaction due to transaction frequency and timeliness requirements, it can reasonably predict the investment scope, investment amount and period of the above matters, and the relevant provisions on review procedures and information disclosure shall apply based on the amount of the amount.
The service life of the relevant limit shall not exceed 12 months, and the investment transaction amount (including the relevant amount of reinvestment of the above investment income) at any point in the period shall not exceed the investment limit.
Article 9 the Finance Department of the company is the functional management department of the company’s cash management business. Its main functions include: (I) being responsible for demonstration before investment, conducting feasibility analysis on the capital source, investment scale and expected income of cash management, and conducting risk assessment on the trustee’s credit and investment varieties;
（2） Supervise the implementation progress of cash management activities and implement risk control measures. In case of any abnormality in cash management, it shall timely report to the leader in charge of the company and the chairman of the company;
（3） Track the arrival of due investment funds and income, and conduct daily accounting for the company’s cash management business;
（4） The finance department shall timely report the occurrence of cash management to the person in charge of information disclosure of the company. Article 10 the cash management plan approved by the board of directors or the general meeting of shareholders shall be operated according to the following procedures:
(i) Cash management business within the amount approved by the board of directors or the general meeting of shareholders shall be organized and implemented by the company’s management and implemented by the company’s finance department;
（2） The holding subsidiary shall submit an investment application to the Finance Department of the company, which shall include capital source, investment scale, expected income, trustee’s credit, investment variety, investment period, specific operation cash management department and responsible person, etc. The Finance Department of the company shall conduct risk assessment and feasibility analysis on the investment application of the holding subsidiary, Report to the general manager or chairman of the company for approval before implementation.
Article 11 the company strictly implements the cash management reporting system. The Finance Department of the company shall report the cash management of the current month to the leaders in charge of the company within 10 days after the end of each month. Within 15 days after the end of each quarter, the Finance Department of the company shall prepare a cash management report and report the progress, profit and loss and risk control of cash management to the leaders in charge of the company, the general manager, the Secretary of the board of directors and the chairman of the board of directors.
Chapter III Accounting Management
Article 12 the Finance Department of the company shall conduct daily accounting for the company’s cash management business in accordance with the accounting standards for business enterprises and other relevant provisions, and correctly present it in the financial statements.
Article 13 after the completion of cash management, the company shall timely obtain the corresponding investment certificate or other effective evidence and keep accounts, and the copies of relevant contracts and agreements shall be filed as important business materials.
Chapter IV Risk Control and information disclosure
Article 14 the Audit Department of the company is the supervision department of cash management business and needs to conduct risk assessment and monitoring of cash management business. The audit department shall conduct pre audit, in-process supervision and post audit on the company’s cash management business. The audit department is responsible for reviewing the approval, actual operation, fund use and profit and loss of financial management business, urging the financial department to carry out accounting treatment in time and verifying the accounting treatment.
Article 15 for cash management, the company shall select a qualified professional financial institution with good credit status, good financial status, no bad credit record and strong profitability as the trustee, and sign a written contract with the trustee to clarify the amount, period, investment products, rights, obligations and legal liabilities of both parties, and require guarantee when necessary. The board of directors of the company appoints the chief financial officer of the company to track the progress of cash management and investment safety. In case of any abnormality in the company’s cash management, the chief financial officer shall report to the chairman in time, so as to take effective measures to recover the funds immediately and avoid or reduce the losses of the company.
Article 16 the independent directors and the board of supervisors of the company have the right to regularly or irregularly inspect the cash management of the company. In case of any illegal operation, it can propose to convene the board of directors to consider and stop the relevant investment activities of the company.
Article 17 the specific executors of the company’s cash management and other informed personnel shall not disclose the company’s investment to other individuals or organizations before the public disclosure of relevant information, unless otherwise provided by laws, regulations or normative documents.
Article 18 after the company’s cash management matters are submitted to the board of directors for deliberation, it shall timely perform the obligation of information disclosure, and disclose the relevant information of cash management in accordance with the relevant provisions of laws, regulations and normative documents such as the stock listing rules of Shenzhen Stock Exchange and the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange, The fund recovery and income for cash management shall be disclosed in the regular report. In case of any of the following circumstances in the cash management process of the company, the relevant progress and proposed countermeasures shall be disclosed in time: (I) financial products fail to be raised, fail to complete the filing and registration, terminate in advance, and cannot be recovered at maturity; （2） Change of main terms of financial product agreement or relevant guarantee contract;
（3） Major risk events occur in the operation or financial status of the trustee or fund user;
（4） Other circumstances that may damage the interests of the listed company or have important impact.
Chapter V supplementary provisions
Article 19 matters not covered in this system shall be implemented in accordance with the relevant provisions of relevant national laws, administrative regulations and normative documents. If some provisions of the system conflict due to the adjustment of relevant provisions of relevant laws, administrative regulations and normative documents, the provisions of relevant laws, administrative regulations and normative documents shall prevail.
Article 20 the system shall be implemented after being approved by the board of directors of the company, and the board of directors shall be responsible for interpretation and revision.
