Securities code: Ife Elevators Co.Ltd(002774) securities abbreviation: Ife Elevators Co.Ltd(002774) Announcement No.: 2022019
Announcement on purchasing principal guaranteed financial products with idle raised funds
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.
Ife Elevators Co.Ltd(002774) (hereinafter referred to as "the company") held the 27th meeting of the third board of directors and the 22nd Meeting of the third board of supervisors on April 6, 2021, deliberated and adopted the proposal on using idle raised funds to purchase principal guaranteed financial products, and agreed that the company would use idle raised funds with a total amount of no more than 300 million yuan to purchase principal guaranteed financial products with high safety and good liquidity in a timely manner, The term shall not exceed one year. Within the above limit, the company is authorized to sign relevant contract documents, and the financial department of the company is responsible for organizing the implementation. Within the validity period of the authorization, the fund limit can be used on a rolling basis, and the authorization period is valid within one year from the date of deliberation and approval by the general meeting of shareholders.
In view of the expiration of the one-year validity period of the above review, it needs to be re authorized. On the premise of ensuring that the construction of investment projects with raised funds and the use of raised funds will not be affected, based on the principle of safe and prudent investment, and in accordance with the relevant provisions of the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies and the guidelines for the self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board of Shenzhen Stock Exchange, On April 6, 2022, the company held the 7th Meeting of the 4th board of directors and the 6th meeting of the 4th board of supervisors, deliberated and passed the proposal on using idle raised funds to purchase principal guaranteed financial products, and agreed that the company would use idle raised funds with a total amount of no more than RMB 250 million to timely purchase principal guaranteed financial products with high safety and good liquidity for a period of no more than one year.
1、 Basic information of raised funds
Approved by the reply on approving Ife Elevators Co.Ltd(002774) initial public offering of shares (zjxk [2017] No. 239) of China Securities Regulatory Commission, the company issued 83700000 ordinary shares (A shares) in RMB to the public at an issue price of 6.10 yuan per share. As of March 21, 2017, the company has actually issued 83700000 RMB ordinary shares (A shares) to the public, and the total amount of funds raised is 51057000000 yuan. After deducting 4897144700 yuan of underwriting fees, recommendation fees, audit, capital verification and evaluation fees, lawyer fees, information disclosure and other issuance expenses, the net amount of funds actually raised is 46159855300 yuan. The availability of the above funds has been verified by Daxin Certified Public Accountants (special general partnership) and a capital verification report of daxinyz [2017] No. 500006 has been issued.
2、 Basic information of idle raised funds investing in financial products
(I) basic information of purchasing principal guaranteed financial products with some idle raised funds this time
In order to improve the use efficiency of raised funds, appropriately increase income and reduce financial expenses, under the condition of ensuring that the investment plan of raised funds is not affected, the company plans to use idle raised funds with a total amount of no more than RMB 250 million to timely purchase principal guaranteed financial products with high safety and good liquidity. The details are as follows:
1. Investment products
Investment products must be principal guaranteed financial products and meet the following requirements: high security, meet the principal guaranteed requirements, and the product issuer can provide Principal Guaranteed commitments; The liquidity is good, which will not affect the normal progress of the raised funds, and the term shall not exceed one year. Investment products shall not be used for pledge, and the special settlement account for products shall not deposit non raised funds or be used for other purposes.
2. Authorization period
The authorization period shall be valid within one year from the date of deliberation and approval by the general meeting of shareholders. The company will strictly abide by the requirements of relevant laws and regulations when carrying out actual investment.
3. Purchase quota
The company plans to use some idle raised funds with a maximum amount of no more than RMB 250 million to purchase financial products, and the amount of funds can be used on a rolling basis within the validity period of the authorization.
4. Implementation mode
Within the scope of authorization, the board of directors authorizes the legal representative or the management of the company to sign relevant contract documents, and the financial department of the company is responsible for organizing the implementation.
5. Information disclosure
After purchasing financial products, the company will perform the obligation of information disclosure, including the amount, term and income of the purchase of financial products.
(II) investment risk and control measures
1. Investment risk
(1) Although the financial products purchased by the company are short-term and low-risk products, the financial market is greatly affected by the macro-economy. It is not ruled out that the investment is affected by market fluctuations.
(2) The company intervenes 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) Operation and monitoring risks of relevant staff.
2. Risk control measures
Affected by the macro-economy, the company will intervene in a timely and appropriate amount according to the economic situation and changes in the financial market, but it does not rule out that the investment is affected by market fluctuations. In view of possible investment risks, the company formulates the following risk control measures:
(1) The financial department of the company will timely analyze and track the investment direction of bank financial products and project progress. Once adverse factors are found or judged, corresponding preservation measures will be taken in time to control investment risks;
(2) The Audit Department of the company is responsible for auditing and supervising the use and custody of low-risk investment and wealth management funds, comprehensively inspecting all investment projects of bank wealth management products at the end of each quarter, reasonably predicting the possible gains and losses of various investments according to the principle of prudence, and reporting to the audit committee;
(3) Independent directors and the board of supervisors have the right to supervise and inspect the use of raised funds and the purchase of financial products, and can hire professional institutions to audit when necessary.
3、 Impact on the daily operation of the company
On the premise of ensuring that it will not affect the normal operation of the company, the construction of raised investment projects and the use of raised funds, the company uses some idle raised funds for cash management, which will not affect the normal development of the company's main business, change the purpose of raised funds in a disguised form and affect the normal progress of the investment plan of raised funds; At the same time, through appropriate cash management, we can obtain certain investment income, improve the overall performance level of the company, and seek more investment returns for the shareholders of the company.
4、 Special comments
(I) opinions of the board of directors
On April 6, 2022, the seventh meeting of the Fourth Board of directors of the company deliberated and adopted the proposal on using idle raised funds to purchase principal guaranteed financial products with 5 votes in favor, 0 votes against and 0 abstentions. Without affecting the company's business plan, project construction plan of raised funds and use plan of raised funds, the company agreed to use some idle raised funds to purchase financial products with an amount not exceeding RMB 250 million, The amount of financial products purchased can be used on a rolling basis within 12 months from the date of deliberation and approval by the general meeting of shareholders.
In order to control risks, the investment varieties are principal guaranteed financial products with good liquidity and high security. Within the above limit, the board of directors of the company is authorized to exercise the investment decision-making power and sign relevant contract documents. The authorization period is valid within 12 months from the date of deliberation and approval by the general meeting of shareholders.
(II) opinions of independent directors
The decision-making procedures for the company to use some idle raised funds to purchase financial products comply with the relevant provisions of the regulatory guidelines for listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies and the self regulatory guidelines for listed companies No. 1 - standardized operation of listed companies on the main board of Shenzhen Stock Exchange of the CSRC, The company's use of idle raised funds to purchase financial products is conducive to improving the use efficiency of idle raised funds and cash management income. The idle raised funds used by the company do not conflict with the implementation plan of the investment project of raised funds, do not affect the normal progress of the project of raised funds, and do not change the investment direction of raised funds in a disguised manner and damage the interests of shareholders of the company.
Therefore, it is agreed that the company will use idle raised funds with a maximum amount of no more than RMB 250 million to purchase principal guaranteed financial products in a timely manner.
(III) opinions of the board of supervisors
On April 6, 2022, the sixth meeting of the Fourth Board of supervisors of the company deliberated and adopted the proposal on using idle raised funds to purchase breakeven financial products with 3 votes in favor, 0 votes against and 0 abstentions. On the premise of not affecting the company's business plan, project construction plan and use plan of raised funds, the company agreed to use some idle raised funds to purchase financial products with an amount not exceeding RMB 250 million, The amount of financial products purchased can be used on a rolling basis within 12 months from the date of deliberation and approval by the general meeting of shareholders. In order to control risks, the investment varieties are financial products with good liquidity and high security, which meet the capital preservation requirements. The product issuer can provide financial products with capital preservation commitments.
(IV) opinions of the recommendation institution
The company's purchase of principal guaranteed financial products with idle raised funds has gone through relevant approval procedures, which has been deliberated and confirmed by the board of directors and the board of supervisors of the company, and the independent directors have expressed their independent opinions. On the premise of not affecting the normal progress of the investment plan of raised funds, the company uses idle raised funds to purchase principal guaranteed financial products. This matter and its decision-making procedures comply with the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies, the stock listing rules of Shenzhen Stock Exchange, the China Securities Regulatory Commission Relevant provisions such as the Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 1 - standardized operation of listed companies on the main board are conducive to improving the efficiency of the use of raised funds and the income of the company's cash assets. There is no damage to the interests of the company and shareholders, especially small and medium-sized shareholders, which is in line with the interests of the company and all shareholders. Therefore, Soochow Securities Co.Ltd(601555) agrees to Ife Elevators Co.Ltd(002774) use idle raised funds to purchase principal guaranteed financial products. The proposal can be implemented only after it is deliberated and approved by Ife Elevators Co.Ltd(002774) shareholders' meeting.
5、 Documents for future reference
(I) resolutions of the 7th Meeting of the 4th board of directors of the company;
(II) resolutions of the 6th meeting of the 4th board of supervisors of the company;
(III) independent opinions of independent directors on matters related to the seventh meeting of the Fourth Board of directors of the company; (IV) Soochow Securities Co.Ltd(601555) verification opinions on Ife Elevators Co.Ltd(002774) using idle raised funds to purchase principal guaranteed financial products.
It is hereby announced.
Ife Elevators Co.Ltd(002774) board of directors April 8, 2022
