Securities code: Sailun Group Co.Ltd(601058) securities abbreviation: Sailun Group Co.Ltd(601058) Announcement No.: pro 2022033 Sailun Group Co.Ltd(601058)
Announcement on using self owned funds for investment and financial management
The company and all members of the board of directors guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents. Important content tips:
Entrusted financial management trustee: banks, securities companies and other cooperative subjects.
Amount of entrusted financial management: the maximum balance in a single day is 1.5 billion yuan.
Name of entrusted financial products: financial products with high security, low risk and robustness or fixed income securities.
Term of entrusted financial management: from the date of deliberation and approval of this board of directors to the date of holding the 2022 board of directors. The period of single entrusted financial management shall not exceed 12 months.
Review procedures to be performed: reviewed and approved by the 31st meeting of the 5th board of directors and the 23rd Meeting of the 5th board of supervisors of the company. The investment and wealth management quota is within the decision-making authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders for deliberation.
On March 31, 2022, Sailun Group Co.Ltd(601058) (hereinafter referred to as "the company") held the 31st meeting of the 5th board of directors and the 23rd Meeting of the 5th board of supervisors, deliberated and adopted the proposal on investment and wealth management with its own funds, and agreed that the company would use its own funds to invest within the maximum balance of RMB 1.5 billion per day, with high safety, low risk Robust financial products or fixed income securities and other products. The details are as follows:
1、 Overview of entrusted financial management
1. Purpose of entrusted financial management
The purpose of entrusted financial management is to improve the efficiency of the company's capital use. On the premise of not affecting the use of daily operating funds, capital safety and liquidity, the company (including subsidiaries within the scope of consolidated statements) plans to use temporarily idle self owned funds to buy financial products or fixed income securities with high safety, low risk and robustness in 2022.
2. Source of funds
The source of entrusted financial management funds is the company's own working capital temporarily idle.
3. Basic information of entrusted financial products
The company purchases financial products or fixed income securities with high safety, good liquidity and low risk within the range of the maximum balance of no more than 1.5 billion yuan per day, and the period of single entrusted financial management shall not exceed 12 months.
2、 Details of entrusted financial management
1. Main terms of entrusted financial management contract and investment direction of entrusted financial management funds
The company uses temporarily idle self owned funds to purchase financial products with high safety, good liquidity and low risk or fixed income securities. The specific entrusted financial management terms shall be subject to the actual signed contract.
2. Risk control analysis
The entrusted financial management of the company shall follow the principles of legality, prudence, safety and effectiveness, in strict accordance with the requirements of the company's fund management and internal control, and for the purpose of improving the efficiency of fund use, the company shall use its own working capital temporarily idle to invest in financial products or fixed income securities with high safety, good liquidity and low risk, which will not affect the normal use of the company's funds.
The financial department of the company shall timely track the investment direction and income of financial products. If the evaluation finds that there are risk factors that may affect the safety of the company's funds, the company will take effective measures to recover funds to ensure the safety of funds. The company's independent directors and the board of supervisors have the right to supervise and inspect the use of funds.
3、 Information of entrusted financial management trustee
The trustee of the company's purchase of financial products is banks, securities companies and other cooperative subjects with good financial condition, no bad credit record and strong profitability.
4、 Impact on the company
As of December 31, 2021, the total assets of the company were 26.173 billion yuan, and the owner's equity attributable to the parent company was 10.73 billion yuan. The maximum balance of one day to be used for entrusted financial management was 1.5 billion yuan, accounting for 5.73% and 13.98% of the total assets and owner's equity attributable to the parent company at the end of 2021 respectively. The company's use of products invested by temporarily idle self owned funds will not affect the company's normal production and operation capital demand, the safety and liquidity of funds, and there is no situation that damages the interests of the company and shareholders.
Based on the business model of financial assets managed by the company and the contractual cash flow characteristics of financial assets, the financial management purchased by the company is recognized as financial assets measured at fair value and included in the title of "trading financial assets".
5、 Implementation of decision-making procedures, board of supervisors and independent directors
On March 31, 2022, the company held the 31st meeting of the 5th board of directors and the 5th board of supervisors
At the 23rd Meeting, the proposal on using self owned funds for investment and financial management was reviewed and approved
This financial entrustment. The investment and wealth management quota is within the decision-making authority of the board of directors of the company and does not need to be submitted
Deliberation at the general meeting of shareholders.
1. Opinions of the board of supervisors
The board of supervisors believes that the company uses its own assets within the range of the maximum balance of no more than 1.5 billion yuan per day
Financial products or fixed income securities with high security, good liquidity and low risk are
It is conducive to improving the use efficiency of self owned funds and increasing investment income on the premise of controlling risks. Agree to use by the company
Own funds for investment and financial management.
2. Opinions of independent directors
In the opinion of independent directors, the company shall use self financing within the range that the maximum balance in a single day does not exceed RMB 1.5 billion
There are financial products or fixed income securities with high security, good liquidity and low risk for capital investment,
It can effectively improve the use efficiency of funds, seek more return on investment for the company's shareholders, and will not affect the company's production
The operation has an adverse impact, and there is no situation that damages the interests of shareholders, especially minority shareholders. Agree with the company to make
Use its own funds for investment and financial management.
6、 As of the date of this announcement, the company has used its own funds or raised funds to entrust financial management in the past 12 months
situation
Unit: Yuan
No. financial product type actual investment amount actual principal actually recovered actual income not yet recovered
Principal amount
1 structured deposit 20240 China Vanke Co.Ltd(000002) 0240 China Vanke Co.Ltd(000002) 46228941
(18 in total)
2. Structural deposit 2000 China Vanke Co.Ltd(000002) 00000000
The maximum amount invested in a single day in the last 12 months is Shanghai Pudong Development Bank Co.Ltd(600000) 000
Maximum daily investment amount in the last 12 months / net assets of the last year (%) 5.59
Cumulative income from entrusted financial management in the last 12 months / net profit of the last year (%) 0.19
Currently, the used financial management limit is 200000000
Unused financial limit: 13000000000
Total financial management quota: 1500000000
7、 Documents for future reference
1. Resolution of the 31st meeting of the 5th board of directors of the company
2. Independent opinions of the company's independent directors on matters related to the 31st meeting of the 5th board of directors 3. The resolution of the 23rd Meeting of the 5th board of supervisors of the company is hereby announced.
Sailun Group Co.Ltd(601058) board of directors April 2, 2022
