Securities code: Sinomach Precision Industry Co.Ltd(002046) securities abbreviation: Sinomach Precision Industry Co.Ltd(002046) Announcement No.: 2022015 Sinomach Precision Industry Co.Ltd(002046)
Expected announcement of daily connected transactions in 2022
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.
1、 Basic information of daily connected transactions
(I) overview of daily connected transactions
1. Sinomach Precision Industry Co.Ltd(002046) and its holding subsidiaries have daily related party transactions with China Machinery Industry Group Co., Ltd. (hereinafter referred to as "state machinery group") and its subordinate enterprises, such as purchasing goods, receiving labor services, selling goods, providing labor services, etc. the total amount is expected to not exceed 454.26 million yuan in 2022, and the total amount actually incurred in 2021 is 215.43 million yuan.
The expected amount in 2022 is higher than the actual amount in 2021, which is mainly due to the large growth of forging hexahedral top press business of Zhengzhou abrasive grinding Institute Co., Ltd. (hereinafter referred to as "Sanmo Institute"), a wholly-owned subsidiary of the company, which is expected to increase significantly in 2022. As a result, the forging press parts purchased from Erzhong (Deyang) heavy equipment Co., Ltd. and Yituo (Luoyang) Huide tooling Co., Ltd. will increase significantly. The proposal on the expected daily related party transactions between Sinomach Precision Industry Co.Ltd(002046) and state machinery group and its subordinate enterprises in 2022 was deliberated and adopted at the 10th meeting of the 7th board of directors held on April 11, 2022. The related directors Zhu Feng, Ma Jian, Zhong Mingzhen and Xie Donggang avoided the voting. The voting results were: 4 votes in favor, 0 votes against and 0 abstentions.
The proposal still needs to be submitted to the general meeting of shareholders of the company for deliberation.
2. The company and its holding subsidiaries have daily related party transactions with white dove Abrasives Co., Ltd. (hereinafter referred to as "white dove company") and its subordinate enterprises, such as purchasing goods, receiving labor services, selling goods, providing labor services, etc. the total amount is expected to not exceed 77.8 million yuan in 2022 and 21.25 million yuan in 2021. The proposal on the expected daily connected transactions between Sinomach Precision Industry Co.Ltd(002046) and pigeon company and its subordinate enterprises in 2022 was deliberated and adopted at the 10th meeting of the 7th board of directors held on April 11, 2022. The voting results: 8 votes in favor, 0 votes against and 0 abstentions.
The proposal does not need to be submitted to the general meeting of shareholders of the company for deliberation.
To sum up, the company and its holding subsidiaries are closely related to state machinery group and its subordinate enterprises, white dove company and its subordinates
The total amount of daily related party transactions of the enterprise is expected to be no more than 532.06 million yuan in 2022, and actually occurs in 2021
The total amount is 236.68 million yuan.
The above related party transactions were approved in advance by the independent directors and expressed independent opinions.
(II) estimated category and amount of daily connected transactions
Unit: 10000 yuan
Related party transaction related party transaction related party transaction related party transaction contract signing as of the disclosure of the amount that is easy to price or the amount that has occurred on the expected date in the previous year
Erzhong (Deyang) heavy equipment with hinged beam Market Pricing 28000381012091 Co., Ltd
YITUO (Luoyang) Huide Industrial Co., Ltd. is equipped with pin shafts and guided by the market. The price is 65508941945. It purchases Limited sets of steel from related parties
Raw materials other enterprises affiliated to Sinoma Group set the market price of raw materials and knives at 1210, 112, 3442, etc
The market price of abrasive tools of white dove company and its subordinate enterprises is 1495552 349
Subtotal 37255536817827
Erzhong (Deyang) heavy equipment has sales of metallurgical auxiliary market, pricing 6 Xinjiang International Industry Co.Ltd(000159) 1 2244 materials, etc
Sell grinding wheel and bearing products and commodities priced at 15502421021 in the market of other affiliated enterprises of Sinoma Group to related parties
The price of equipment and cutting market of white pigeon company and its subordinate enterprises is 62763931693 pieces, etc
Subtotal 138262226 4958
Technical consultation, market pricing 7400599, training for related parties, etc. of subordinate enterprises of state machinery group
Market pricing of labor services and freight of white pigeon company and its subordinate enterprises 9 083
Subtotal 749 0 682
Subtotal of labor services provided by affiliated enterprises of China National Machinery Group for processing and consulting market pricing 1376114 201
1376 114 201
(III) actual occurrence of daily related party transactions in the previous year
Unit: 10000 yuan
Actual amount of actual expected payment in related party transactions
Difference between the disclosure date and index ratio of the amount of related persons in the easy category in the amount of similar businesses and the expected amount
Erzhong (Deyang)
Heavy equipment with hinge beam 1209120000 4.60% - 39.55%
Limited company
China Fuma machine photovoltaic module and
Machinery and equipment equipment of Machinery Group Co., Ltd. 2494160000 0.95% - 84.41%
Supply of accessories to related companies
Luoyang one person drag pin (one person drag pin)
Raw materials: Huide industrial equipment sets, steel, etc. 19451500 0.74% 29.67%
Limited company
Other national machinery collection raw materials and cutting tools 948610 0.36% 55.41%
Subordinate enterprises of the Communist Youth League
Pigeon company and abrasives 349550 0.13% - 36.55%
Affiliated enterprises
Subtotal 1782738660 6.78% - 53.89%
Bearing blanking of Guoyu group
Made of superhard materials 32651300 0.98% 151.15%
To related products, etc
People sell Phi products, commercial white pigeon company and equipment on April 27, 2021 The cutting pieces 16932100 0.51% - 19.38% are exposed in the announcement of 2021 functional diamond superhard materials, 633000 0.02% - 97.90% annual preparation of the Institute of daily related party transactions (prepared by the announcement) of the securities times, jupin affiliated enterprises and other trendy information networks
Subtotal 50216400 1.51% - 99.92% (No.: 2021032)
Technical consultation and training under state machinery group 599 20 0.18% 289500%
Training to affiliated enterprises, etc
People provide pigeon company, labor and freight 83 150 0.02% - 44.67%
Subordinate enterprises of labor service
Subtotal 682170 0.20% 301.18%
Accept processing and consultation under the state machinery group 201570 0.08% - 64.74%
Affiliated enterprise
Subtotal of labor supply 201570 0.08% - 64.74%
Affairs
State machinery group and -- 2154340000 - 46.14%
Affiliated enterprises
By trading pigeon company and -- 21252800 - 24.11%
Subordinate enterprises of the entity
Functional Diamond - 633000 - 97.90%
research institute
Total 2373145800 - 48.19%
The board of directors of the company has a great difference between the amount of the company's related party transactions and the expected amount in 2021, which is mainly due to the impact of the epidemic situation that there is a great difference between the situation and the expectation, and many businesses originally expected could not be carried out normally.
In 2021, the actual transaction amount between the company and subsidiaries of state machinery group and white dove company was more than 20% lower than expected, mainly because the company estimated the amount of daily connected transactions in 2021 based on the information obtained at the beginning of the year. The independent directors of the company estimated the actual amount of daily connected transactions. In the actual process, Some expected businesses did not occur in the current year. If there is a large difference between the actual amount and the expected amount, it indicates that some unexpected businesses occurred in the current year, and the amount of some businesses is lower than the expected amount at the beginning of the year, resulting in a large difference between the actual amount and the expected amount, and between the actual trading partner and the expected object. The related party transactions of the company are in line with the actual situation and business needs. The transactions are priced according to the market principle, fair and reasonable, and do not damage the company and small and medium-sized enterprises
