Securities code: Suzhou Huaya Intelligence Technology Co.Ltd(003043) securities abbreviation: Suzhou Huaya Intelligence Technology Co.Ltd(003043) announcement No.: 2022016 Suzhou Huaya Intelligence Technology Co.Ltd(003043)
Announcement on using some short-term idle self owned funds for cash management
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.
Suzhou Huaya Intelligence Technology Co.Ltd(003043) (hereinafter referred to as "the company") held the 12th meeting of the second board of directors and the 10th meeting of the second board of supervisors on April 18, 2022, deliberated and approved the proposal on using some temporary short-term idle self owned funds for cash management, and agreed to use the company's short-term idle self owned funds of no more than RMB 200 million for cash management. Relevant matters are hereby announced as follows:
1、 Details of cash management of some short-term idle self owned funds
(I) management purpose
In order to improve the efficiency of capital use, increase the company's cash asset income under the condition of ensuring the company's daily operation and capital safety.
(II) investment quota and term
Under the condition of ensuring the daily operation and capital safety of the company, increase the income of the company's cash assets. The company plans to use short-term idle self owned funds of no more than RMB 200 million to purchase bank structured deposits and principal guaranteed financial products. Within the above limit, the funds can be used on a rolling basis.
(III) investment varieties
In order to control risks, the funds within the above authorization limit are limited to the purchase of bank structured deposits and principal guaranteed financial products, and shall not be used for securities investment, purchase of stocks and their derivatives and other foreign investment activities. (IV) validity of the resolution
The term of validity of this investment resolution shall be valid within 12 months from the date of deliberation and adoption by the board of directors of the company.
(V) investment decision and Implementation
Within the validity period and within the limit, the board of directors shall be requested to authorize the company's management to exercise decision-making power and sign contracts and other relevant legal documents. The specific matters shall be organized and implemented by the company's finance department.
(VI) information disclosure
The company will disclose the specific situation of the company's cash management in a timely manner in accordance with the provisions of relevant laws and regulations such as the stock listing rules of Shenzhen Stock Exchange and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board.
2、 Investment risk and risk control measures
(I) investment risk
Although the products invested by the company belong to low-risk investment varieties, the financial market is greatly affected by the macro economy. The company will use relevant risk control measures to intervene in a timely and appropriate manner according to the economic situation and changes in the financial market, but it does not rule out the risk that the investment income does not meet the expectation due to the impact of market fluctuations.
(II) risk control measures
1. The company uses some short-term idle self owned funds for cash management. It is only allowed to trade with financial institutions with legal business qualifications, and shall not trade with informal institutions. An investment product account must be established in the name of the company for trading, and it is not allowed to use the account of others to operate investment products. Investment products shall not be pledged. If a special settlement account for products is opened or cancelled, the company shall timely report to Shenzhen stock exchange for filing and perform the obligation of information disclosure.
2. The financial department of the company will timely analyze and track the investment direction and progress of investment products of cash management. Once it is found that there are risk factors that may affect the safety of the company's funds, preservation measures will be taken in time to control the investment risk.
3. The Audit Department of the company is responsible for auditing and supervising the use and custody of cash management funds and reporting to the audit committee of the board of directors.
4. The independent directors and the board of supervisors of the company have the right to conduct regular or irregular inspection on the cash management, and can hire professional institutions to audit when necessary.
3、 Impact on the company's operation
The company's cash management of some short-term idle self owned funds is carried out under the condition of ensuring the company's daily operation and capital safety, which will not affect the normal development of the company's main business.
The company's cash management of some short-term idle self owned funds this time can effectively improve the use efficiency of funds, obtain certain investment benefits and obtain better investment returns for the company and shareholders.
4、 The review procedure for cash management using some short-term idle self owned funds this time
The 12th meeting of the second board of directors and the 10th meeting of the second board of supervisors reviewed and passed the proposal on using some short-term idle self owned funds for cash management, and agreed to use short-term idle self owned funds for cash management this time; The independent directors of the company carefully reviewed the proposal on the use of some short-term idle self owned funds for cash management, and expressed clear consent.
5、 Description of special opinions
1. Opinions of independent directors
After careful review, we believe that the company's decision-making procedure of using idle self owned funds for cash management this time complies with the relevant provisions of the articles of association and the stock listing rules of Shenzhen Stock Exchange. On the premise of ensuring normal operation and ensuring capital safety, the company's use of idle self owned funds for cash management can effectively improve the use efficiency of idle self owned funds and increase the company's investment income under the premise of controllable risk, It will not adversely affect the normal production and operation of the company, and there is no situation that damages the interests of the company and all shareholders, especially minority shareholders. The decision-making and approval procedures of this matter comply with relevant laws, administrative regulations, normative documents and the relevant provisions of the articles of association. Therefore, we agree that the company uses no more than 200 million yuan of idle self owned funds for cash management.
2. Opinions of the board of supervisors
The company plans to use some short-term idle self owned funds for cash management, which is conducive to improving the efficiency of fund use, obtaining certain investment benefits, which is in line with the interests of the company and all shareholders. There is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders. The decision-making and deliberation procedures are legal and compliant. Therefore, it is agreed that the company will use short-term idle self owned funds with a total amount of no more than RMB 200 million for cash management.
3. Verification opinions of the recommendation institution
After verification, the recommendation institution believes that:
1. Suzhou Huaya Intelligence Technology Co.Ltd(003043) using some short-term idle self owned funds for cash management has been deliberated by the board of directors and the board of supervisors, and all independent directors have expressed their independent opinions, which are in line with relevant laws and regulations and performed necessary legal procedures.
2. Suzhou Huaya Intelligence Technology Co.Ltd(003043) using some short-term idle self owned funds for cash management complies with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange, the guidelines for self discipline supervision of listed companies No. 1 - standardized operation of listed companies on the main board and will not affect the normal weekly transfer needs of the company's daily funds, the normal development of the company's main business and the interests of shareholders.
To sum up, the recommendation institution has no objection to Suzhou Huaya Intelligence Technology Co.Ltd(003043) the use of some short-term idle self owned funds for cash management.
6、 Documents for future reference
1. Resolution of the 12th meeting of Suzhou Huaya Intelligence Technology Co.Ltd(003043) the second board of directors; 2. Resolution of the 10th meeting of Suzhou Huaya Intelligence Technology Co.Ltd(003043) the second board of supervisors; 3. Independent opinions of independent directors on matters related to the 12th meeting of the second board of directors; 4. Soochow Securities Co.Ltd(601555) issued the verification opinions on Suzhou Huaya Intelligence Technology Co.Ltd(003043) using some temporarily idle self owned funds for cash management.
It is hereby announced!
Suzhou Huaya Intelligence Technology Co.Ltd(003043) board of directors April 19, 2022
