Securities code: Changzhou Tenglong Auto Parts Co.Ltd(603158) securities abbreviation: Changzhou Tenglong Auto Parts Co.Ltd(603158) Announcement No.: 2022022 Changzhou Tenglong Auto Parts Co.Ltd(603158)
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:
Basic information of entrusted financial management
Entrusted wealth management trustee's wealth management amount (10000 yuan) entrusted wealth management product name product term (days)
China Citic Bank Corporation Limited(601998) shares are linked with win-win Zhixin exchange rate
Limited company 5000 yuan structured deposit 33
Phase 09140
Review procedures for implementation:
The above matters have been deliberated and approved by the 9th meeting of the 4th board of directors of Changzhou Tenglong Auto Parts Co.Ltd(603158) (hereinafter referred to as "the company" or "the company") and the 8th meeting of the 4th board of supervisors, and all independent directors and sponsors have expressed explicit consent. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on September 17, 2021 And the announcement of Changzhou Tenglong Auto Parts Co.Ltd(603158) on cash management with temporarily idle raised funds (Announcement No.: 2021053) disclosed on the information disclosure media designated by the company.
1、 Overview of this entrusted financial management
(I) purpose of entrusted financial management
In order to improve the use efficiency of the company's funds, make rational use of the temporarily idle raised funds, increase the company's capital income and obtain more returns for the company and shareholders without affecting the construction of the investment projects of the raised funds and the normal operation of the company.
(II) source of funds
1. General information on the source of funds
The fund source of this entrusted financial management is the company's temporarily idle raised funds.
Approved by the reply on approving Changzhou Tenglong Auto Parts Co.Ltd(603158) non-public Development Bank shares (zjxk [2020] No. 2839) of China Securities Regulatory Commission (hereinafter referred to as "CSRC")
Quasi, Changzhou Tenglong Auto Parts Co.Ltd(603158) (hereinafter referred to as "the company") at the price of 12.24 yuan / share
Ge privately issued 48555253 RMB ordinary shares (A shares), and the total amount of funds raised was RMB
59431629672 yuan, after deducting the issuance fee of 1108801860 yuan (excluding tax),
The net amount of raised funds is 58322827812 yuan.
All the above raised funds have been in place on August 26, 2021. Zhongtianyun Certified Public Accountants (special)
The general partnership (hereinafter referred to as "zhongtianyun") has verified the above matters and issued zhongtianyun [2021]
According to the capital verification report (YZ No. 90059), the company has carried out special account storage management for the raised funds.
(III) purchase of financial products
Estimated reference estimated amount of the entrusted party's products estimated annual income product income structure annualized income composition name type product name (Wanhua income amount term type safety income (such as related yuan) rate (10000 Pai rate) Transaction (yuan)
CITIC Bank structure win-win zhixinhui breakeven
The bank's share-based deposit rate is linked to the people's 5000 1.60% - / 33 day floating / / no, the structural deposit of limited public funds is 3.30% income
Division payment 09140
(IV) the company's internal control over risks related to cash management
1. The company will strictly comply with relevant laws and regulations such as the Listing Rules of Shanghai Stock Exchange and the public
The articles of association of the company and the management and use system of raised funds of the company shall handle relevant cash management business;
2. For cash management with idle raised funds, the management of the company shall assess the investment risk in advance,
And timely analyze and track the operation of cash investment products. If adverse factors are found or judged, they will be taken in time
Take corresponding measures to control investment risks;
3. The independent directors and the board of supervisors have the right to supervise and inspect the use of funds and cash management of the company,
When necessary, professional institutions can be hired for audit.
2、 Details of this entrusted financial management
(I) main terms of entrusted financial management contract
1. Win win Zhixin exchange rate linked RMB structured deposit 09140
Product Name: win win Zhixin exchange rate linked RMB structured deposit 09140
Product type: Structured Deposit
Low risk level
Spot exchange rate of linked target USD / JPY
Product life: 33 days
Value date: April 3, 2022
Maturity date: May 6, 2022
Subscription amount: 50 million yuan
The expected annualized rate of return is 1.60% - 3.30%
(II) investment direction of entrusted financial management funds
The subscription funds are included in the internal funds of relevant entrusted banks for unified management.
(III) the financial products purchased by the company with some idle raised funds this time are low-risk floating income products, totaling RMB 50 million, which are implemented on the premise of complying with national laws and regulations and ensuring that the safety of raised funds is not affected. The quota, period, income distribution mode and investment scope of the above financial products meet the requirements of use conditions with high safety and good liquidity, and there is no behavior of changing the purpose of raised funds in a disguised form, It will not affect the normal development of the company's investment projects with raised funds.
(IV) risk control analysis
Based on the principle of safeguarding the interests of the company and shareholders, the company puts risk prevention in the first place, strictly controls the cash management products and makes prudent decisions. The products using idle raised funds for cash management this time are floating income products with low investment risk. During the period of the above investment products, the Finance Department of the company will maintain close contact with the bank, timely analyze and track the progress of investment and financial products, strengthen risk control and supervision, and ensure the safety of funds.
3、 Information of entrusted financial management trustee
The trustee China Citic Bank Corporation Limited(601998) is a listed company of Shanghai Stock Exchange and has no relationship with the company, the controlling shareholder and the actual controller of the company.
4、 Impact on the company
The financial situation of the company in the latest year and period is as follows:
Unit: 10000 yuan
Project September 30, 2021 (Unaudited) December 31, 2020 (audited)
Total assets 3433609129902376
Total liabilities 1310754315625472
Attributable to the owner of the parent company 1877418711938470
Rights and interests
Third quarter of 2021 (Unaudited) January December 2020 (audited)
Cash from operating activities 6818241651611
Net flow
The company's use of some idle raised funds for cash management is carried out on the premise of ensuring the normal operation of the investment projects of raised funds and the safety of raised funds, which will not affect the normal construction of the company's raised funds and the normal use of the company's raised funds. The company's cash management of idle raised funds is conducive to improving the use efficiency of raised funds, increasing capital income and obtaining better return on investment for the company and shareholders.
The amount of cash management using some idle raised funds this time is 50 million yuan, accounting for 14.92% of the monetary funds of the company at the end of the latest period (September 30, 2021). Given that the cash management funds are idle raised funds, it will not have a significant impact on the company's future main business, financial status, operating results and cash flow.
According to the provisions of the new financial instrument standards issued by the Ministry of finance, the company will account for the purchased financial products through the statement item of "trading financial assets" in the balance sheet and the financial income through the statement item of "investment income" in the income statement (the details shall be subject to the annual audit report).
5、 Risk tips
The financial products purchased by the company this time are low-risk financial products, but there may still be policy risk, market risk, interest rate risk, liquidity risk, force majeure and accident risk and other risks. Affected by various risks, the yield of financial products may fluctuate, and the financial income is uncertain.
6、 Implementation of decision-making procedures and opinions of the board of supervisors, independent directors and recommendation institutions
On September 16, 2021, the company held the 9th meeting of the 4th board of directors and the 8th meeting of the 4th board of supervisors, deliberated and approved the proposal on using temporarily idle raised funds for cash management, and agreed that the company would use temporarily idle raised funds with a total amount of no more than 350 million yuan for cash management on the premise of ensuring that the implementation of investment projects with raised funds and the safety of raised funds would not be affected. The board of supervisors, independent directors and the recommendation institution Zhongtai Securities Co.Ltd(600918) of the company have expressed their explicit consent to the proposal.
7、 As of the date of this announcement, the company has used the raised funds for entrusted financial management in the past 12 months
Amount: 10000 yuan
Actual investment amount actual recovered principal actual income (ten thousand not yet recovered serial number financial product type (ten thousand yuan) (ten thousand yuan) principal amount (ten thousand yuan)
1 structured deposit 500045.50 0
2 structured deposit Shenzhen Tianyuan Dic Information Technology Co.Ltd(300047) .87 0
3 structured deposit 500087.99 0
4 structured deposit 150012.73 0
5 structured deposit 150012.73 0
6 structured deposit Wangsu Science & Technology Co.Ltd(300017) .34 0
7 structured deposit 1500 9.00 0
8 structured deposit 1500 9.01 0
9 structured deposit Dayu Water-Saving Group Co.Ltd(300021) .32 0
10 structured deposit 500014.79 0
11 financial products 500037.07 0
12 structured deposits 200015.50 0
13 structured deposits 5000
