Securities code: Jilin University Zhengyuan Information Technologies Co.Ltd(003029) securities abbreviation: Jilin University Zhengyuan Information Technologies Co.Ltd(003029) Announcement No.: 2022009 Jilin University Zhengyuan Information Technologies Co.Ltd(003029)
Announcement on using some idle self owned funds for entrusted financial 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.
Special tips:
1. Investment type: medium and short-term financial products with high security, good liquidity and low risk, and the investment period of relevant financial products shall not exceed 1 year.
2. Investment amount: idle self owned funds of no more than RMB 200 million. The service life of the investment amount is valid within 12 months from the date of deliberation and approval by the board of directors of the company, and the amount of funds can be used on a rolling basis within the validity period of the resolution.
3. Risk warning: entrusted financial management may be affected by market fluctuations, and there is a risk that the actual income will not be expected due to changes in the economic situation and financial market.
Jilin University Zhengyuan Information Technologies Co.Ltd(003029) (hereinafter referred to as "the company" or " Jilin University Zhengyuan Information Technologies Co.Ltd(003029) ") held the 11th meeting of the 8th board of directors and the 12th meeting of the 8th board of supervisors respectively on March 16, 2022, deliberated and adopted the proposal on cash management of idle raised funds and entrusted financial management of idle self owned funds, which met the daily operation, R & D On the premise of the demand for production and construction funds, in order to further improve the use efficiency of funds and improve the capital income of the company and its subsidiaries, the company plans to use idle self owned funds of no more than 200 million yuan to choose the opportunity to buy short-term and medium-term financial products with high safety, good liquidity and low risk, and the investment period of relevant financial products shall not exceed 1 year. The details are as follows:
1、 Basic information of using idle self owned funds for entrusted financial management this time
(I) investment purpose
In order to improve the fund utilization efficiency of the company, on the premise of meeting the daily operation, R & D, production and construction fund needs of the company and its subsidiaries, make rational use of some idle self owned funds for entrusted financial management, further improve the fund utilization efficiency and improve the fund income of the company and its subsidiaries.
(II) investment amount
The company plans to use idle self owned funds of no more than 200 million yuan (inclusive) for entrusted financial management. The service life is valid within 12 months from the date of deliberation and approval by the board of directors, and the amount of funds can be used on a rolling basis within the validity of the resolution.
(III) investment mode
The company will strictly control the risk, strictly evaluate the investment products, choose the opportunity to buy short-term financial products with high safety, good liquidity and low risk, and the investment period of relevant financial products shall not exceed 1 year.
(IV) investment period
Valid within 12 months from the date of deliberation and approval by the board of directors.
(V) source of funds
The entrusted financial management funds come from the idle self owned funds of the company, and do not involve the use of raised funds or bank credit funds.
(VI) implementation mode and authorization
The board of directors of the company authorizes the management of the company to exercise relevant decision-making power and sign contract documents within the limit of this proposal, and is responsible for arranging and handling the specific matters of the company's entrusted financial management with idle own funds.
(VII) relationship
The company ensures that there is no relationship with the financial institutions providing financial products.
2、 Review procedure
The matter has been deliberated and approved at the 11th meeting of the 8th board of directors and the 12th meeting of the 8th board of supervisors, and the independent directors have expressed their agreed independent opinions.
3、 Investment risk analysis and risk control measures
(I) investment risk
Although the products the company intends to invest in are financial products with high safety, good liquidity and low risk, the financial market is greatly affected by the macro-economy. There is a risk that the investment income does not meet the expectations due to market fluctuations and the principal is damaged due to the issuer. The company will intervene appropriately and timely according to the economic situation and changes in the financial market, but it does not rule out the risk that the investment will be affected by market fluctuations, resulting in unexpected actual income.
(II) risk control measures
1. When the company conducts entrusted financial management, it is only allowed to conduct transactions with financial institutions with legal business qualifications, and shall not conduct transactions with informal institutions. An investment product account must be established in the name of the company for trading, and it is not allowed to use the account of others to operate investment products.
2. The financial director of the company shall arrange designated personnel to analyze and track the progress of financial management in real time, and reasonably predict the possible gains and losses according to the principle of prudence. If the assessment finds that there are risk factors that may affect the safety of the company's funds, corresponding measures shall be taken in time to control the investment risk, and report to the general manager and the board of directors in time. At the same time, assign special personnel to manage relevant accounts.
3. The company's internal audit department is responsible for supervising the use and custody of cash management funds and reporting to the audit committee of the board of directors.
4. The independent directors and the board of supervisors of the company have the right to conduct regular or irregular inspection on the cash management, and can hire professional institutions to audit when necessary. Once adverse factors are found or judged, corresponding preservation measures will be taken in time to control investment risks.
4、 Impact of investment on the company
The company insists on standardized operation, value preservation and appreciation, risk prevention, and uses its own funds to purchase financial products with high safety, good liquidity and low risk. It is implemented on the premise of ensuring the daily operation and capital safety of the company, does not affect the normal capital turnover needs of the company, and is conducive to improving the capital use efficiency of the company and obtaining certain investment income, Seek more return on investment for the company's shareholders.
5、 Opinions of independent directors
Independent directors expressed independent opinions on the matter: we believe that on the premise of meeting the daily operation, R & D, production and construction capital needs of the company and its subsidiaries, the company will use its own funds of no more than 200 million yuan (including) for entrusted financial management in the next 12 months, which will help to improve the efficiency of idle own funds and increase the investment income of the company, There is no situation that damages the interests of the company and all shareholders.
6、 Verification opinions of the recommendation institution
China Merchants Securities Co.Ltd(600999) believes that: Jilin University Zhengyuan Information Technologies Co.Ltd(003029) the entrusted financing of idle self owned funds has been deliberated and approved by the board of directors and the board of supervisors, and the independent directors have expressed their explicit consent; The company has fulfilled the necessary approval and decision-making procedures, complied with the relevant provisions of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), the articles of association and other relevant provisions, and there is no situation that damages the interests of the company and all shareholders. In conclusion, the recommendation institution has no objection to Jilin University Zhengyuan Information Technologies Co.Ltd(003029) using idle self owned funds for entrusted financial management.
7、 Documents for future reference
1. Resolutions of the 11th meeting of the 8th board of directors;
2. Resolutions of the 12th meeting of the 8th board of supervisors;
3. Independent opinions of independent directors on matters related to the 11th meeting of the 8th board of directors;
4. China Merchants Securities Co.Ltd(600999) verification opinions on Jilin University Zhengyuan Information Technologies Co.Ltd(003029) using idle raised funds for cash management and idle self owned funds for entrusted financial management.
It is hereby announced.
Jilin University Zhengyuan Information Technologies Co.Ltd(003029) board of directors
March 16, 2002
