Anshan Heavy Duty Mining Machinery Co.Ltd(002667) announcement on the establishment of wholly-owned Singapore subsidiary and Hong Kong subsidiary
Securities code: Anshan Heavy Duty Mining Machinery Co.Ltd(002667) securities abbreviation: Anshan Heavy Duty Mining Machinery Co.Ltd(002667) Announcement No.: 2022045
Anshan Heavy Duty Mining Machinery Co.Ltd(002667)
Announcement on the establishment of a wholly-owned subsidiary in Singapore and a subsidiary in Hong Kong
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:
Anshan Heavy Duty Mining Machinery Co.Ltd(002667) (hereinafter referred to as “the company”) held the 21st Meeting of the 6th board of directors on March 17, 2022, deliberated and approved the proposal on the establishment of wholly-owned subsidiaries in Singapore and Hong Kong subsidiaries, and agreed that Wuyi industry (Shanghai) Co., Ltd., a wholly-owned subsidiary of the company, would use its own capital of US $10000 to invest in the establishment of wholly-owned subsidiaries in Hong Kong (subject to the final registration; hereinafter referred to as “the Hong Kong subsidiaries”) The company invested and established a wholly-owned subsidiary in Singapore with its own capital of US $10000 (subject to final registration; hereinafter referred to as “Singapore subsidiary”), and authorized the company’s management to handle matters related to the establishment of a wholly-owned Singapore subsidiary and a Hong Kong subsidiary.
According to the Listing Rules of Shenzhen Stock Exchange, foreign investment management system, articles of association and other relevant provisions, this foreign investment is within the deliberation authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders for deliberation. This 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 object
2.1 Hong Kong Sun Corporation
2.1.1 registered name of the company: (subject to the final registration)
2.1.2 enterprise type: limited liability company
2.1.3 registered capital: USD 10000
2.1.4 mode of capital contribution: self owned capital contribution
2.1.5 capital contribution and proportion of shareholders: the proposed capital contribution of Wuyi industry (Shanghai) Co., Ltd. accounts for 100% of the total registered capital;
Registered address: Hong Kong
2.1.7 business scope: international trade, project investment and other business activities (subject to the final approval of the registration authority)
Anshan Heavy Duty Mining Machinery Co.Ltd(002667) announcement on the establishment of wholly-owned Singapore subsidiary and Hong Kong subsidiary
2.2 Singapore subsidiary
2.2.1 registered name of the company: (subject to the final registration)
2.2.2 enterprise type: limited liability company
2.2.3 registered capital: USD 10000
2.2.4 mode of capital contribution: self owned capital contribution
2.2.5 capital contribution and proportion of shareholders: the proposed capital contribution of the company accounts for 100% of the total registered capital;
2.2.6 registered address: Singapore
2.2.7 business scope: international trade, project investment and other business activities (subject to the final approval of the registration authority)
The above contents shall be subject to the final approval and registration of relevant competent departments.
3、 The purpose of this foreign investment, its impact on the company and the existing risks
The capital source of this investment is the company’s own capital.
The investment and establishment of wholly-owned subsidiaries in Hong Kong and Singapore meet the needs of the company’s operation and development. Relying on the regional advantages of Hong Kong and Singapore, we effectively strengthen international cooperation and the development of overseas business, which has a positive impact on the company’s long-term development and strategic layout, and accelerate the realization of the company’s strategic goal of business internationalization.
This investment will not have a significant impact on the company’s financial status and operating results, and there is no situation that damages the interests of listed companies and shareholders. The establishment of wholly-owned subsidiaries and grandchildren in Hong Kong and Singapore needs to be reviewed and filed by relevant competent authorities, and there is some uncertainty; The laws, policy systems, business environment and cultural background in Hong Kong and Singapore are different from those in the mainland, which may bring certain risks to the follow-up operation of subsidiaries in Hong Kong and Singapore. The company will strictly abide by the local laws and government policies of Hong Kong, and carry out the establishment of Hong Kong subsidiaries and subsequent business activities in accordance with the law.
The company will perform the obligation of information disclosure in strict accordance with the requirements of relevant laws, regulations and normative documents and according to the follow-up progress. Please invest rationally and pay attention to investment risks.
4、 Documents for future reference
1. Resolution of the 21st Meeting of the 6th board of directors of the company
2. Resolution of the 18th meeting of the 6th board of supervisors of the company
It is hereby announced.
Anshan Heavy Duty Mining Machinery Co.Ltd(002667)
Board of directors
March 17, 2022
