Securities code: Pci Technology Group Co.Ltd(600728) securities abbreviation: Pci Technology Group Co.Ltd(600728) Announcement No.: 2022040 Pci Technology Group Co.Ltd(600728)
With regard to the announcement of using its own funds for entrusted financial management in 2022, the board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Entrusted financial management trustee: a financial institution with legal business qualification
Estimated amount of entrusted financial management: the maximum balance of self owned funds entrusted financial management in a single day shall not exceed 1.2 billion yuan. Within this limit, the funds can be recycled and rolled, and the investment balance at any time point shall not exceed the above investment limit. Type of entrusted financial investment: financial products with medium risk and below risk rating issued by banks, bank financial subsidiaries, securities companies, funds, trusts and other financial institutions or reverse repurchase of national debt. The medium risk limit shall not exceed 200 million yuan.
Term of entrusted financial management: 12 months from the date of deliberation and approval by the general meeting of shareholders
Review procedures to be performed: it has been reviewed and approved by the 11th meeting of the 9th board of directors held on March 17, 2022, and needs to be submitted to the 2021 annual general meeting of shareholders of the company for review.
1、 Overview of using idle self owned funds for entrusted financial management
(I) purpose of entrusted financial management
Pci Technology Group Co.Ltd(600728) (hereinafter referred to as “the company”) according to the situation of the company’s own funds, in order to improve the use efficiency of funds, without affecting the normal use of business operation, propose to use the temporarily idle own funds in the new phase to choose the opportunity and carry out entrusted financial management in stages.
(II) the source of funds is idle self owned funds.
(III) basic information of entrusted financial products
The products invested by the company with idle self owned funds must meet the following conditions:
1. Types of investment products: financial products with medium risk and below risk rating issued by banks, bank financial subsidiaries, securities companies, funds, trusts and other financial institutions, and reverse repurchase of national debt.
2. Purchase amount: the total amount shall not exceed RMB 1.2 billion (including the amount purchased but not yet expired), of which the medium risk amount shall not exceed RMB 200 million. Within this limit, the funds can be recycled and used on a rolling basis.
3. Purchase period: the maturity date of investment products shall be within the validity period of the resolution, and the maximum holding period of a single purchase shall not exceed 12 months.
4. Risk: medium risk and below.
5. Validity period of the resolution: 12 months from the date of deliberation and adoption by the general meeting of shareholders.
6. Implementation method: entrusted financial management is carried out in the name of the company and its holding subsidiaries. The board of directors authorizes the company’s operation and management to exercise relevant investment decision-making power within the specified limit and sign relevant documents.
(IV) entrusted financial management trustee
Financial institutions with high performance rating will be selected for cooperation. There is no relationship between the entrusted financial management trustee and the company in terms of property rights, assets, creditor’s rights and debts, and does not constitute a connected transaction. (V) the company’s internal control over risks related to entrusted financial management
1. The company and its holding subsidiaries conduct entrusted financial management with idle self owned funds, mainly investing in safe, highly liquid and stable financial products, and the overall risk is controllable.
2. The company and its holding subsidiaries shall establish and improve the approval and implementation procedures for foreign investment in accordance with the principle of separation of decision-making, implementation and supervision functions, carefully evaluate the risk of each financial transaction, improve internal risk control measures, ensure the effective and standardized operation of entrusted financial management, and ensure the safety of financial management funds.
3. Independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and can hire professional institutions to audit when necessary.
2、 Impact on the company
Main financial data of the company in the latest year and period:
Unit: Yuan
December 31, 2020 December 31, 2021
Total assets 10457456595481081807402549
Total liabilities 495924962799511307180683
Net assets attributable to shareholders of the parent company 545238654584566726461670
Net cash flow from operating activities 5896308217138183877120
1. The company and its holding subsidiaries use idle self owned funds for entrusted financial management, which is implemented under the condition of ensuring the capital needs of normal production and operation, and will not affect the normal needs of the daily capital turnover of the company and its holding subsidiaries and the normal development of the main business of the company and its holding subsidiaries.
2. Moderate purchase of financial products will help to improve the income of idle self owned funds and obtain more return on investment for the company and shareholders.
3. Accounting treatment method and basis of entrusted financial management: the company will conduct corresponding accounting treatment in accordance with the accounting standards for Business Enterprises No. 22 – recognition and measurement of financial instruments and relevant provisions of the company’s financial system, and the specific results shall be subject to the annual audit results.
3、 Risk tips
The company’s own funds are used for entrusted financial management to purchase financial products of financial institutions with low and medium risk and good liquidity. However, the financial market is greatly affected by macroeconomic, fiscal and monetary policies. It cannot be ruled out that investment products may be affected by market fluctuations.
4、 Implementation of review procedures
1. Deliberations of the board of directors
The board of directors of the company held the 11th meeting of the 9th board of directors on March 17, 2022, deliberated and adopted the proposal on using its own funds for entrusted financial management in 2022.
2. Opinions of independent directors
The independent directors carefully considered the relevant documents and expressed the following independent opinions: after verification, without affecting the normal operation and ensuring the safety of funds, the company and its subsidiaries used no more than 1.2 billion yuan of temporarily idle self owned funds for entrusted financial management, mainly purchased financial products with low and medium risk, high safety and good liquidity, improved the efficiency of the company’s capital use and obtained return on investment on the premise of controllable risk, It will not adversely affect the normal business activities of the company, and there is no situation that damages the interests of shareholders of the company, especially the interests of minority shareholders. The deliberation and decision-making procedures of the above matters comply with the relevant provisions of relevant laws and regulations, and the internal control procedures are sound.
We agree that the company will use idle self owned funds for entrusted financial management in 2022 and submit it to the 2021 annual general meeting of shareholders for deliberation.
5、 As of the date of this announcement, the company has used its own funds to entrust financial management in the last 12 months
Amount: 10000 yuan
No. entrusted financial management type actual investment amount actual principal actually recovered actual income not yet recovered
Principal amount
1 bank financial management 66210006581000 166.92 400.00
2 bank financial management 113 Shenzhen Properties & Resources Development (Group) Ltd(000011) 30000 0.00 0.00
3 bank financial management 164 Konka Group Co.Ltd(000016) 00000 25.61 400.00
4 bank financial management 400000 0.00400000
5 bank financial management 4 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 00000 0.00 0.00
6 bank financial management 88 China High-Speed Railway Technology Co.Ltd(000008) 800000 58.09 0.00
7 bank financial management 27 China Vanke Co.Ltd(000002) 500000 39.14200000
8 bank financial management 73 Zte Corporation(000063) 0000 17.56100000
9 bank financial management 11 Ping An Bank Co.Ltd(000001) 100000 69.67 0.00
10 IMF 500.00 500.00 0.15 0.00
Total 235710 Beijing Join-Cheer Software Co.Ltd(002279) 1000 377.15780000
The maximum daily investment amount in the last 12 months is 5157000
Maximum daily investment amount in the last 12 months / net assets of the last year (%) 9.10
Cumulative income from entrusted financial management in the last 12 months / net profit of the last year (%) 1.20
At present, the amount of entrusted financial management used is 780000
Unused entrusted financial management limit 17220000
Total amount of entrusted financial management 18000000
It is hereby announced.
Board of directors
