Securities code: 300587 securities abbreviation: Zhejiang Tiantie Industry Co.Ltd(300587) Announcement No.: 2022-006
Bond Code: 123046 bond abbreviation: Tiantie convertible bond
Zhejiang Tiantie Industry Co.Ltd(300587)
Announcement on using some idle raised funds to purchase financial products
The company and all members of the board of directors guarantee that the content of information disclosure is true, accurate and complete without falsehood
False records, misleading statements or material omissions.
Zhejiang Tiantie Industry Co.Ltd(300587) (hereinafter referred to as "the company") was called on December 14, 2021
The 10th meeting of the 4th board of directors and the 7th Meeting of the 4th board of supervisors deliberated and adopted the
The proposal on cash management with some idle raised funds agrees to build projects that do not affect the investment of raised funds
Under the normal operation of the company, the company shall use the temporarily idle raised funds of no more than 570 million yuan
For cash management, the service life shall be within 12 months from the date of deliberation and approval by the board of directors, and there shall be
Within the validity period, it can be recycled and used. For details, please refer to the company's announcement on China Securities Exchange on December 14, 2021
Relevant announcements on the gem information disclosure website designated by the CSRC.
Recently, the company signed relevant agreements with banks to use some idle raised funds for cash management,
It is hereby announced as follows:
1、 Financial products purchased this time
The principal expects to annualize the principal's name of the entrusted party's product, financial amount, transaction date, starting date, maturity date, product type rate of return (10000 yuan)
China agriculture 2022 9th
Capital Guaranteed Fixed Assets of bank joint stock company
People's 100002022.1.52022.1.52022.4.6 income type 3.35% Tiantai County branch currency large amount certificate of deposit
Line product
Description of related relationship: the company has no related relationship with the trustee
2、 Approval procedure
On December 14, 2021, the company held the 10th meeting of the 4th board of directors and the 4th supervisor meeting respectively
The seventh meeting of the board of directors deliberated and adopted the proposal on the company's use of some idle raised funds for cash management
The independent directors, the board of supervisors and the recommendation institution all expressed their explicit consent. Property purchased this time
The quota and duration of the products are within the scope of approval, and there is no need to submit them to the board of directors and the general meeting of shareholders for deliberation.
3、 Investment risk prompt and risk control measures
Although the principal guaranteed products have been strictly evaluated, the financial market is greatly affected by the macro economy and is not stable
Exclude the impact of market fluctuations on this investment. For investment risks, the company plans to take the following measures:
1. The financial products purchased by the company shall not be used for pledge, and the special settlement account for products shall not be used for non raised deposits
Funds or for other purposes. Handle structured deposits or purchase Principal Guaranteed factoring with high security and good liquidity
Financial products, the overall risk is controllable. The company will perform the information in a timely manner in accordance with the relevant provisions of Shenzhen Stock Exchange
Disclosure obligations.
2. The company will timely analyze and track the investment direction of investment products and project progress, such as the inventory found in the evaluation
In case of risk factors that may affect the safety of the company's funds, corresponding measures will be taken in time to control investment risks.
3. The independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and can hire employees when necessary
Professional institutions are invited to audit.
4、 Impact on the company
The company insists on standardized operation and uses some temporarily idle raised funds for cash management, which will not affect the public
The construction of the company's fund-raising projects and the normal development of its main business can improve the efficiency of fund use and obtain
Certain income can obtain more returns for the company and shareholders, and there is no disguised change in the investment direction and damage of raised funds
Shareholders' interests.
5、 The company's use of idle raised funds for cash management within 12 months before the announcement date
Whether the trustor's expected year serial number trustee's product name financial amount capital source value date product type income maturity (10000 yuan) redemption rate
1. On February 8, 2021, the maximum 3.40% of the company's linked structured deposit 5500 idle raising is the low-yield fund of the company's roof fund
County sub branch
2 Bank Of China Limited(601988) linked structured deposit 5000 idle raised 2021.12.2 principal and principal guaranteed maximum 1.20% or no joint stock limited funds 7 low-yield 3.65%
The company raised 1.21% of the principal and principal guaranteed on December 2, 2021 when the roof is idle, or
3 County sub branch 5000 fund 7 low income 3.65% no
China industry and Commerce China Industrial And Commercial Bank Of China Limited(601398) hanging
Cumulative exchange rate range of bank shares
4 limited company type legal person RMB 10000 settlement idle raising 2021.12.2 breakeven floating 1.05% - 3 no Tiantai sub branch structural deposit product - special fund 9 income type. 55%
House type 2021
377 installment H
Industrial Bank Co.Ltd(601166) Industrial Bank Co.Ltd(601166) enterprise fund 1.50% or
5. The company raised RMB 3000 structural idle funds on December 3, 2021 with Principal Guaranteed floating rate of 3.08% or not. The company's Taizhou deposit product fund 1 income type 3.29%
Linhai sub branch
6、 Documents for future reference
1. Financial product agreement signed with the bank.
It is hereby announced
Zhejiang Tiantie Industry Co.Ltd(300587) board of directors
January 6, 2022
