Stock Code: 360 Security Technology Inc(601360) stock abbreviation: 360 Security Technology Inc(601360) No.: 2022022 360 Security Technology Inc(601360)
Announcement on entrusted financial management of the company and its subsidiaries with idle self owned funds in 2022
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:
Entrusted financial management trustee: banks, securities companies, asset management companies and other financial institutions;
Amount of entrusted financial management: the company and its subsidiaries intend to use idle self owned funds for entrusted financial management, with an amount of no more than RMB 5 billion. Within the scope of authorized amount, the funds can be used on a rolling basis;
Name of entrusted financial products: financial products with high security, good liquidity and low risk;
Term of entrusted financial management: within 12 months from the date of deliberation and approval by the board of directors;
Review procedures to be performed: approved by the 8th meeting of the 6th board of directors of the company, it does not need to be submitted to the general meeting of shareholders for review and approval.
1、 Overview of this entrusted financial management
(I) purpose of entrusted financial management
On the premise of ensuring the daily operation, R & D capital demand and capital safety, reasonably use the temporarily idle self owned funds to purchase low-risk financial products, improve the ability of maintaining and increasing the value of capital assets, and create greater benefits for the company and shareholders.
(II) source of funds
The source of funds for entrusted financial management is the self owned funds of the company and its subsidiaries, and the source of funds is legal and compliant.
(III) basic information of entrusted financial products
The company will strictly control the investment risk in accordance with the regulations on investment management of financial products and strictly evaluate the financial products. The financial products purchased should have financial products with high safety, good liquidity and low risk.
(IV) the company's internal control over risks related to entrusted financial management
1. The company will strictly implement the foreign investment decision-making system and other relevant regulations to conduct investment and financial management and prevent investment risks. At the same time, the company will reasonably carry out investment in financial products within the authorized amount in combination with daily operation and fund use plan.
2. The company will timely analyze and track the investment direction of financial products and project progress. Once adverse factors are found or judged, the company will timely take corresponding preservation measures to control investment risks; At the same time, if the financial situation of the product issuer deteriorates and the invested products face major adverse factors such as losses, the company will take corresponding measures in time.
3. The company's independent directors and the board of supervisors have the right to supervise and inspect the use of their funds, and can hire professional institutions to audit when necessary.
2、 Details of this entrusted financial management
(I) main terms of entrusted financial management contract
The entrusted party of the company's entrusted financial management can be banks, securities companies, asset management companies and other financial institutions. The company will sign corresponding written contracts or agreements when implementing the entrusted financial management projects.
(II) investment direction of entrusted financial management funds
Low risk financial products launched by banks, securities companies, asset management companies and other financial institutions.
(III) risk control analysis
The company has formulated corresponding risk management systems and processes for entrusted financial management projects, with the main principles of capital safety, maintaining reasonable liquidity and meeting the company's daily operating capital turnover needs, and carried out strict risk control; The company strictly evaluates the banks and other financial institutions that choose to handle financial products, selects the financial institutions with legal business qualifications with good credit status and financial status, no bad credit records and strong profitability as the partners, and signs a written contract with the partners according to business needs to clarify the amount and duration of financial products, rights, obligations and legal liabilities of both parties, focusing on whether the benefits and risks of financial products match Whether it matches the company's capital plan and arrangement, and put capital safety first.
The company will timely analyze and track the investment direction of financial products and project progress. Once adverse factors are found or judged, the company will timely take corresponding preservation measures to control investment risks; If the financial situation of the product issuer deteriorates and the invested products face major adverse factors such as losses, the company will take corresponding measures in time.
3、 Information of entrusted financial management trustee
(I) basic information of the trustee
The entrusted parties of the company's entrusted financial management in 2022 are banks, securities companies, asset management companies and other financial institutions with high credit rating and strong performance ability. It has no relationship with the company, the controlling shareholder of the company, the person acting in concert and the actual controller.
(II) due diligence of the board of directors
The board of directors of the company authorizes the operation and management of the company to select and determine the specific partner, and the management of the company will conduct necessary due diligence on the basic information, credit status and transaction performance ability of the trustee, fund user and other transaction parties.
4、 Impact on the company
(I) main financial indicators of the company in the latest year
Unit: RMB 10000
December 31, 2021 March 31, 2022
Total assets 4203948441592249
Total liabilities 70798487464908
Net assets attributable to shareholders of listed company 3500652134181438
Monetary Fund 1924565622100902
As of December 31, 2021, the company's asset liability ratio was 16.84%. In the absence of large liabilities, the purchase of large financial products accounted for 22.62% of the company's monetary fund balance at the end of the latest period (i.e. March 31, 2022) based on the maximum amount of RMB 500 million to be used for entrusted financial management in 2022.
The company's use of idle self owned funds for investment and financial management is implemented under the condition of ensuring the company's normal production and operation capital demand, which will not affect the company's daily capital turnover needs or the normal development of the company's main business. Moderate investment and financial management is conducive to improving the efficiency of the company's capital use, will not have a significant impact on the future main business, financial status, operating results and cash flow, and is in line with the interests of the company and all shareholders.
(II) accounting treatment
The company will conduct corresponding accounting treatment in accordance with the accounting standards for business enterprises and relevant provisions of the company's internal financial system, and the specific results shall be subject to the annual audit results.
5、 Risk tips
The investment scope of the company's entrusted financial management is mainly financial management and financial products with low risk and high liquidity issued by financial institutions. The main risks include market fluctuation risk, macroeconomic situation and systemic risk caused by changes in macro policies such as monetary policy, fiscal policy and industrial policy. The income of entrusted financial management may fluctuate due to the impact of macro-economy.
6、 Implementation of decision-making procedures and opinions of independent directors
(I) review procedure
The company held the 8th meeting of the 6th board of directors on April 20, 2022, deliberated and adopted the proposal on entrusted financial management of the company and its subsidiaries with idle self owned funds in 2022. The company has no affiliated relationship with the entrusted financial management trustee, and the relevant entrusted financial management does not constitute a connected transaction, so it is not necessary to submit it to the general meeting of shareholders for deliberation and approval.
(II) opinions of independent directors
In 2022, on the premise of complying with national laws and regulations and ensuring the safety of investment funds, the company and its subsidiaries will carry out entrusted financial management with idle self owned funds, which will help to improve the efficiency of capital use and obtain certain investment income, and will not affect the normal needs of the company's daily capital turnover and the normal development of the company's main business. Entrusted wealth management business is in line with the interests of the company and all shareholders, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders.
7、 As of the date of this announcement, the company has used its own funds to entrust financial management in the last 12 months
Amount: 10000 yuan
Accumulated investment amount of sequential financial products actual investment amount actually recovered principal actual income not yet recovered principal
Amount of type No
1. Bank financial management 11503 Jiangsu Huasheng Tianlong Photoeletric Co.Ltd(300029) 0 Ping An Bank Co.Ltd(000001) 0904 Shanghai Kaibao Pharmaceutical Co.Ltd(300039) 77005990000
product
Total 11503 Jiangsu Huasheng Tianlong Photoeletric Co.Ltd(300029) 0 Ping An Bank Co.Ltd(000001) 0904 Shanghai Kaibao Pharmaceutical Co.Ltd(300039) 77005990000
The maximum amount invested in a single day in the last 12 months is 29000000
Maximum daily investment amount in the last 12 months / net assets of the last year (%) 8.28
Cumulative income from entrusted financial management in the last 12 months / net profit of the last year (%) 4.41
The used financial management limit is 5990000
Unused financial limit 44010000
Total financial limit 50000000
Note: the cumulative investment amount of the company's purchase of financial products is calculated according to the rolling use amount, and the actual investment amount is calculated according to the maximum balance of a single day in the period.
It is hereby announced.
360 Security Technology Inc(601360) board of directors April 22, 2022
