Securities code: Allied Machinery Co.Ltd(605060) securities abbreviation: Allied Machinery Co.Ltd(605060) Announcement No.: 2022017 Allied Machinery Co.Ltd(605060)
Announcement on the progress of using some idle raised funds for cash management
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.
Important content tips:
● entrusted cash management trustee: Bank Of Hangzhou Co.Ltd(600926) Xihu sub branch, China Merchants Bank Co.Ltd(600036) Jiubao sub branch of Hangzhou branch, Bank Of Ningbo Co.Ltd(002142) Hangzhou Branch
● cash management amount this time: 50 million yuan, 10 million yuan, 10 million yuan
● name of cash management product: unit certificate of deposit G106 issue 3 years, China Merchants Bank Co.Ltd(600036) unit certificate of deposit 2020 issue 37, unit structured deposit 228100
● product life: 3 years (transferable), 3 years (transferable), 94 days
● review procedures for implementation:
The company held the 11th meeting of the second board of directors and the 11th meeting of the second board of supervisors on March 17, 2022, and deliberated and adopted the proposal on using some idle raised funds for cash management respectively. It is agreed that the company and its subsidiaries use the temporarily idle raised funds with a total amount of no more than 450 million yuan for cash management, and the service life is valid within one year from the date of deliberation and approval by the board of directors of the company. At the same time, the amount of the fund can be recycled and used within 12 months (on the premise of ensuring the construction and use of the raised funds). For details, please refer to the announcement of Allied Machinery Co.Ltd(605060) on using some idle raised funds for cash management (Announcement No.: 2022013) disclosed by the company on March 18, 2022.
1、 Basic information of cash management using some idle raised funds this time (I) purpose of cash management
In order to improve the use efficiency of raised funds, the company will reasonably use some idle raised funds for cash management without affecting the construction and implementation of the company’s raised investment projects, the use plan of raised funds and ensuring the safety of raised funds. Based on the principle of maximizing the interests of shareholders, the company will improve the use efficiency of raised funds and increase the return of shareholders.
(II) source of funds
1. Source of funds: funds raised by the company temporarily idle
2. Basic information of raised funds:
Approved by the China Securities Regulatory Commission
The reply to the public offering of shares (zjxk [2020] No. 3550) was approved. The company to the public
The public issued Shanghai Pudong Development Bank Co.Ltd(600000) 00 RMB ordinary shares (A shares) at an issue price of 15.59 yuan / share. raise
The total capital is 935.4 million yuan, after deducting the underwriting fee of 450.7 million yuan, the recommendation fee and the lawyer’s fee
After other issuance expenses of 2910045557 yuan, such as fees, audit fees and legal information disclosure, the net proceeds
The amount is 86122954443 yuan. Tianjian Certified Public Accountants (special general partnership) was established in February 2021
On the 24th, the funds raised by Allied Machinery Co.Ltd(605060) this time were verified and tianjianyan [2021] 71 was issued
Capital verification report no. After the raised funds are received, the company has stored the raised funds in a special account for public use
The company, the recommendation institution and the deposit bank of raised funds signed the tripartite supervision agreement on the storage of special account for raised funds.
For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on February 26, 2021 of
Announcement on the listing of Allied Machinery Co.Ltd(605060) initial public offering shares.
The company held the third meeting of the second board of directors and the third meeting of the second board of supervisors on April 25, 2021
At the meeting, the proposal on changing the investment projects of raised funds was deliberated and adopted respectively, and the proposal was approved in accordance with the relevant provisions of the company
The investment of raised funds disclosed in the announcement on changing the investment projects of raised funds (Announcement No.: 2021017)
Investment projects and use plans of raised funds are as follows:
Unit: 10000 yuan
No. project name total investment amount of the project amount of funds to be raised
1 high precision mechanical parts production and construction project 59606505759486
In the next two years, 34800 sets of high-precision mechanical parts were added, and the technical transformation project was 1268840 and 768840
3. Supplementary working capital 40 China Vanke Co.Ltd(000002) 083969
Total 112294908612295
(III) basic information of this financial product
The estimated annual amount of the product is whether the product constitutes the trustee’s name type product name (10000 yuan) profit rate period product value date maturity date is a related party transaction
Bank Of Hangzhou Co.Ltd(600926) shares are managed by the bank for 3 years (optional)
Unit certificate of deposit G106 3-year 500000 3.5500% 2022-3-242024-7-7 (no limited company Xihu sub branch financial product transfer)
China Merchants Bank Co.Ltd(600036) shares have the bank’s certificate of deposit for China Merchants Bank Co.Ltd(600036) unit for 3 years (adjustable)
Limited Company Hangzhou branch 100000 3.6600% 2022-3-252023-1-19 (transfer of nocai products in phase 37 of 2020)
Jiubao sub branch Bank Of Ningbo Co.Ltd(002142) Co., Ltd. bank manager
Unit structured deposit 228100100000 1.00% – 3.40% 94 days 2022-3-252022-6-27 no Limited Company Hangzhou branch financial products
(IV) the company’s internal control over risks related to entrusted cash management
1. In order to control the investment risk, the products selected by the company for this cash management are Capital Guaranteed Fixed Income and capital guaranteed
This is a floating income type;
2. The relevant personnel of the company’s financial department will timely track and analyze the specific conditions of the products, such as evaluation findings or judgments
In case of any adverse factors, corresponding measures will be taken in time to strictly control the investment risk;
3. The company’s independent directors and the board of supervisors have the right to supervise and inspect the use of cash management funds,
If necessary, professional institutions can be hired for audit;
4. The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shanghai Stock Exchange.
2、 Details of this cash management
(I) main terms of the contract
1. Bank Of Hangzhou Co.Ltd(600926) Xihu sub branch unit certificate of deposit G106 3 years:
Product name unit certificate of deposit G106 3 years
Product No.: ca21g10636
Product type breakeven fixed income
The principal amount is 50 million yuan
Product interest from 202324
Product term (day) 3 years (transferable)
Product expiration date: July 7, 2024
The expected annualized rate of return is 3.5500%
2. China Merchants Bank Co.Ltd(600036) unit certificate of deposit No. 37 in 2020:
Product name China Merchants Bank Co.Ltd(600036) unit certificate of deposit No. 37, 2020
Product No.: cmbc20200037
Product type breakeven fixed income
The principal amount is 10 million yuan
Product value date: March 25, 2022
Product term (day) 3 years (transferable)
Product expiration date: January 19, 2023
The expected annualized rate of return is 3.6600%
3. Bank Of Ningbo Co.Ltd(002142) Hangzhou branch unit structured deposit 228100:
Product name unit structured deposit 228100
Product type breakeven floating income
The principal amount is 10 million yuan
Product value date: March 25, 2022
Product life (day) 94
Product expiration date: June 27, 2022
Expected annualized rate of return: 1.00% – 3.40%
1. On the maturity date of this structured deposit product, Bank Of Ningbo Co.Ltd(002142) promises to return the product income in full and explain the deposit principal.
2. Bank Of Ningbo Co.Ltd(002142) promises to pay the proceeds of structured deposits according to the preset conditions on the payment date of the proceeds of this structured deposit product.
3. When policy risks or other force majeure factors occur, the income guarantee clause does not apply.
4. Income acquisition conditions:
(1) The floating interest rate of this structured deposit is determined according to the spot price of euro against US dollar published by the foreign exchange market and Bloomberg. If the price level required by this product manual cannot be given on the agreed reference page at that time, the bank will choose a reasonable price level recognized by the market based on the principles of fairness, impartiality and fairness.
(2) Opening price: the spot price of the euro against the US dollar published on the Bloomberg page “EUR currency bfix” at 14:00 Beijing time. If the price level required for this product cannot be given on the agreed reference page at that time, Bank of Ningbo will choose the reasonable price level recognized by the market for calculation based on the principles of fairness, impartiality and fairness.
(3) Observation period: the whole period from 14:00 on the value date to 14:00 on the maturity date, Beijing time.
(4) Observation day: each bfix pricing day in the observation period applicable to this transaction.
(5) Observed price: during the observation period, the spot price of euro against US dollar published on Bloomberg’s page “eurcurrency bfix” at 14:00 a.m. Beijing time every day. If the price level required for this product cannot be given on the agreed reference page at that time, Bank Of Ningbo Co.Ltd(002142) based on the principles of fairness, impartiality and fairness, select the reasonable price level recognized by the market for calculation.
(6) Expected annualized yield = “low yield 1.0%” + (“high yield”)
(II) investment direction of entrusted financial management funds
The funds invested in this cash management are Bank Of Hangzhou Co.Ltd(600926) Xihu sub branch unit certificate of deposit G106 phase 3 years, China Merchants Bank Co.Ltd(600036) unit certificate of deposit 202
