Securities code: Fspg Hi-Tech Co.Ltd(000973) securities abbreviation: Fspg Hi-Tech Co.Ltd(000973) Announcement No.: 202210
Fspg Hi-Tech Co.Ltd(000973) about
Announcement on the amount of financial products expected to be purchased with self owned funds in 2022
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.
Important content tips:
1. Investment type: the investment type is low-risk and short-term bank financial products with high security, good liquidity and risk level no more than R2.
2. Investment amount: no more than RMB 400 million (including this amount) at any time point within the specified period.
3. Risk warning: the bank financial products purchased by the company belong to low-risk investment varieties, but the financial market is greatly affected by macro-economy. It is not excluded that the matter is affected by market fluctuations and other force majeure. Please pay attention to investment risks.
1、 Overview of investment
1. Investment purpose
In order to maximize the capital benefit, Fspg Hi-Tech Co.Ltd(000973) (hereinafter referred to as "the company") plans to use its own funds to purchase bank financial products from time to time in 2022 according to the operation and use of funds without affecting the normal operation and risk control.
2. Investment amount
The company and its holding subsidiaries can use their own funds of no more than RMB 400 million (including this amount) at any time point to purchase financial products, and the funds can be recycled and rolled within the above amount. Within the above financial transaction quota, the company will uniformly adjust the financial quota and varieties of the company and its holding subsidiaries according to specific conditions.
3. Investment mode
The company and its holding subsidiaries entrust banks and other financial institutions to carry out low-risk financial products with a risk level of no more than R2. In principle, a single financial business shall not exceed 3 months. The board of directors of the company authorizes the management of the company to be responsible for the specific implementation of relevant matters.
4. Investment period
The term of validity of the entrusted financial management resolution shall be within 12 months from the date of adoption by the board of directors of the company. The board of directors of the company authorizes the management of the company to be responsible for the implementation of relevant matters, including but not limited to selecting qualified issuers of financial products, determining the amount of financial products, selecting financial products, signing relevant contracts or agreements, etc., which shall be organized and implemented by the financial capital center of the company.
5. Source of funds
All the funds used to purchase financial products are the temporarily idle self owned funds of the company and its holding subsidiaries, and the source of funds is legal and compliant.
2、 Review procedure
On March 24, 2022, the 21st Meeting of the 10th board of directors of the company deliberated and adopted the proposal on the amount of financial products the company expects to purchase with its own funds in 2022. This matter is within the approval authority of the board of directors and does not need to be submitted to the general meeting of shareholders for deliberation. This event does not constitute a connected transaction.
3、 Investment risk analysis and risk control measures
(I) investment risk analysis
1. The objects of financial management to be entrusted by the company are all low-risk financial products with a risk level of no more than R2, but the financial market is greatly affected by the macro-economy, so it is not excluded that the investment is affected by market fluctuations and other force majeure.
2. Operation and moral hazard of relevant staff.
3. Risk of fund deposit and use.
(II) risk control measures
1. The company and its holding subsidiaries will carry out financial management business in strict accordance with laws and regulations, the articles of association and the measures for the administration of entrusted financial management of the company. The trustee selected for entrusted financial management must be low-risk products issued by commercial banks. The company will strengthen risk control, implement daily monitoring and verification, prevent investment risks and ensure capital safety.
2. The financial capital center of the company will timely analyze and track the investment direction and project progress of financial products, assess and find the risk factors that may affect the safety of the company's funds, fully estimate and calculate the risks and benefits of entrusted financial products and future capital needs, pay special attention to the risks of net worth financial products, and will take corresponding measures in time to control investment risks.
3. The company will disclose the purchase and profit and loss of financial products during the reporting period in the annual report in accordance with the relevant provisions of Shenzhen Stock Exchange.
4、 Impact on the company
The financial products selected by the company for entrusted financial management are all low-risk products. The company has fully estimated and calculated the risks and benefits of entrusted financial products and the future capital demand. The use of corresponding funds will not affect the company's daily operation and the development of main business, and is conducive to improving the efficiency of the company's capital use.
5、 Opinions of independent directors
The independent directors of the company believe that the company has established a relatively perfect internal control and supervision system, which can effectively control investment risks and ensure capital safety. The company has fulfilled the necessary approval procedures and the voting procedures are legal and compliant. The company and its holding subsidiaries use their own funds to purchase financial products, which is conducive to improving the use efficiency of funds, will not affect the daily operation, and will not damage the interests of minority shareholders. They agree to the proposal on the amount of the company's expected use of their own funds to purchase financial products in 2022.
6、 Documents for future reference
1. Resolution of the 21st Meeting of the 10th board of directors of the company
2. Opinions of independent directors of the company
3. Management measures for entrusted financial management of the company
It is hereby announced.
Fspg Hi-Tech Co.Ltd(000973)
Board of directors
March 26, 2002
