Securities code: Guangzhou Haige Communications Group Incorporated Company(002465) securities abbreviation: Guangzhou Haige Communications Group Incorporated Company(002465) Announcement No.: 2022012 Guangzhou Haige Communications Group Incorporated Company(002465)
Announcement on using idle self owned funds to invest in low-risk short-term financial products
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.
In order to improve the use efficiency of funds, make rational use of idle self owned funds and increase the company's income, the 27th meeting of the 5th board of directors of the company deliberated and adopted the proposal on using idle self owned funds to invest in low-risk short-term financial products, The board of directors agrees that the company and its subsidiaries (including wholly-owned subsidiaries and holding subsidiaries) use idle self owned funds of no more than RMB 2.5 billion to invest in low-risk short-term financial products, and the funds within the quota can be used on a rolling basis. At the same time, it requests the general meeting of shareholders of the company to authorize the management of the company to exercise investment decision-making power within the above quota, and the finance department is responsible for specific purchase matters, The authorization period is valid from the date of deliberation and approval of the company's 2021 annual general meeting to the date of convening the next annual general meeting. Details are announced as follows:
1、 Investment situation
(I) investment purpose
In order to improve the use efficiency of funds and make rational use of idle self owned funds, idle self owned funds are used to invest in low-risk short-term financial products without affecting the normal operation of the company and its subsidiaries, so as to increase the company's income.
(II) investment quota
The company and its subsidiaries intend to use idle self owned funds with an amount of no more than RMB 2.5 billion to invest in low-risk short-term financial products. Within the above limit, the funds can be used on a rolling basis.
(III) investment varieties
The varieties of idle capital investment are limited to low-risk financial products with high investment security and good liquidity (including RMB structured deposits, bank financial products, etc.).
(IV) investment period
The investment period of a single financial product shall not exceed one year.
(V) source of funds
The funds used by the company and its subsidiaries to invest in low-risk short-term financial products are idle self owned funds of the company and its subsidiaries.
(VI) relevant authorization
The general meeting of shareholders of the company is requested to authorize the management of the company to sign relevant contract documents with relevant parties within the above limit, and the financial department of the company is responsible for the specific implementation. The authorization period is valid from the date of deliberation and approval of the annual general meeting of shareholders of the company in 2021 to the date of holding the annual general meeting of shareholders of the next year.
(VII) decision making procedure
This matter has been deliberated and approved at the 27th meeting of the Fifth Board of directors of the company and needs to be submitted to the general meeting of shareholders of the company for deliberation and approval.
2、 Investment risk analysis and risk control measures
(I) investment risk
1. Although the investment varieties are low-risk short-term financial products, the financial market is greatly affected by the macro-economy, and it is not ruled out that the income will be affected by market fluctuations.
2. The company will intervene timely and appropriately according to the economic situation and changes in the financial market, so the actual income of short-term investment is unpredictable.
3. Operational risks of relevant staff.
(II) risk control measures
1. The company will timely analyze and track the investment direction of financial products and the progress of the project. If the assessment finds that there are risk factors that may affect the safety of funds, the company will timely take corresponding measures to control the investment risk.
2. The Audit Department of the company shall conduct daily supervision on the use and custody of financial funds, and audit and verify the use of funds from time to time.
3. Independent directors have the right to inspect the use of financial funds. Based on the verification of the company's audit department, the independent directors mainly focus on the verification of the audit committee of the board of directors, and can hire professional institutions to audit when necessary. 4. The company will do a good job of relevant information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
3、 Impact on the company
(I) the company and its subsidiaries use idle self owned funds to invest in low-risk short-term financial products on the premise of ensuring the company's daily operation and capital safety, which will not affect the needs of the company's daily capital turnover and the normal development of the company's main business.
(II) moderate low-risk short-term financial investment can improve the efficiency of capital use, obtain certain investment benefits, further improve the overall performance level of the company and seek more investment returns for the shareholders of the company.
4、 Independent opinions of independent directors
After careful verification of the company's operation, financial status and internal control system, the independent directors believe that the company is in good operation and has perfect internal control system and measures. On the premise of ensuring the company's daily operation needs and capital safety, using idle self owned funds to invest in low-risk short-term financial products is conducive to improving the company's capital use efficiency and increasing the company's income, and there is no behavior damaging the interests of minority shareholders. It is agreed that the company and its subsidiaries (including wholly-owned subsidiaries and holding subsidiaries) use idle self owned funds of no more than RMB 2.5 billion to invest in low-risk short-term financial products, and the funds can be used on a rolling basis within this limit.
It is agreed to request the general meeting of shareholders of the company to authorize the management of the company to exercise the investment decision-making power within the above limit, and the finance department is responsible for the specific purchase. The authorization period is valid from the date of deliberation and approval of the 2021 annual general meeting of shareholders of the company to the date of convening the next annual general meeting of shareholders. At the same time, it is agreed to submit the proposal to the 2021 annual general meeting of shareholders of the company for deliberation.
5、 Opinions of the board of supervisors
The board of supervisors of the company checked the purchase of low-risk short-term financial products with idle self owned funds. The board of supervisors held that:
In view of the good operation and stable financial situation of the company, the company and its subsidiaries (including wholly-owned subsidiaries and holding subsidiaries) use their own idle funds of no more than RMB 2.5 billion to invest in low-risk short-term financial products, which is conducive to improving the efficiency of fund use, making rational use of idle own funds and increasing the company's income. Therefore, we agree to this matter.
6、 Documents for future reference
1. Resolutions of the 27th meeting of the 5th board of directors of the company;
2. Resolutions of the 15th meeting of the 5th board of supervisors of the company;
3. Independent opinions of independent directors on matters related to the 27th meeting of the Fifth Board of directors.
It is hereby announced.
Guangzhou Haige Communications Group Incorporated Company(002465) board of directors
March 26, 2022
