Securities code: Bear Electric Appliance Co.Ltd(002959) securities abbreviation: Bear Electric Appliance Co.Ltd(002959) Announcement No.: 2022038 Bear Electric Appliance Co.Ltd(002959)
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.
Bear Electric Appliance Co.Ltd(002959) (hereinafter referred to as "the company") issues convertible corporate bonds (hereinafter referred to as "the plan for issuing convertible bonds") to unspecified objects, which has been deliberated and approved at the seventh meeting of the second board of directors and the second extraordinary general meeting in 2021, For details, see the announcement on the resolution of the seventh meeting of the second board of directors (Announcement No.: 2021037) and the announcement on the resolution of the second extraordinary general meeting of shareholders in 2021 (Announcement No.: 2021045) disclosed by the company on cninfo.com on July 30, 2021 and August 16, 2021.
According to the relevant regulatory requirements of China Securities Regulatory Commission, the newly invested or proposed financial investment amount of 29.4 million yuan from six months before the resolution date of the board of directors to the plan for issuing convertible bonds to unspecified objects shall be deducted from the total amount of funds raised, On March 29, 2022, the company held the 13th meeting of the second board of directors, deliberated and approved the proposal on adjusting the company's plan for issuing convertible corporate bonds to unspecified objects, and reduced the amount of raised funds from the original 600 million yuan to 570.6 million yuan.
On April 7, 2022, the company held the 14th meeting of the second board of directors and deliberated and approved the proposal on adjusting the company's plan for issuing convertible corporate bonds to unspecified objects. Based on careful consideration, the company further deducted 34.6 million yuan from the total amount of funds raised for financial products whose risk level has not reached medium and high risks or above but the expected maximum annualized rate of return is 5% or above, The amount of raised funds was reduced from 570.6 million yuan to 536 million yuan. Therefore, the company adjusted the plan for issuing convertible bonds.
In order to facilitate investors' understanding and reference, the company explains the main amendments involved in the plan as follows:
Modification of sections of the plan
Home page - revised year and month
Important note 1. The name and method of the securities issued this time are due to the amount of financial investment
Line total has been modified
(II) issuance scale due to the financial investment amount, the issuance II. Overview of the issuance (XVII) the total amount of the purpose of the raised funds has been modified, and the investment amount of the raised funds has been adjusted
4、 Due to the amount of financial investment in the issuance of convertible corporate bonds to unspecified objects, the total amount of funds raised by issuing convertible corporate bonds - banks has been modified, and the investment amount of funds raised for the purpose of raising has been adjusted
The second extraordinary general meeting of the company in 2021 has authorized the board of directors to handle matters related to the issuance of convertible corporate bonds to unspecified objects. The plan for the issuance of convertible corporate bonds to unspecified objects (Revised Draft) does not need to be submitted to the general meeting of the company for deliberation.
Except for the above adjustments, there are no significant changes in other matters. For details, please refer to securities times, China Securities News, Shanghai Securities News, securities daily and cninfo.com published on the same day（ http://www.cn.info.com. ）Plan for issuing convertible corporate bonds to unspecified objects (Revised Version).
It is hereby announced.
Bear Electric Appliance Co.Ltd(002959) board of directors
April 8, 2022
