Announcement on using self owned funds for entrusted financial management
Securities code: 300048 securities abbreviation: Hiconics Eco-Energy Technology Co.Ltd(300048) No.: 2022-004 Hiconics Eco-Energy Technology Co.Ltd(300048)
Announcement on using self owned funds for entrusted financial management
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
On January 11, 2022, Hiconics Eco-Energy Technology Co.Ltd(300048) (hereinafter referred to as " Hiconics Eco-Energy Technology Co.Ltd(300048) " or "the company") held the 17th meeting of the 5th board of directors and the 17th meeting of the 5th board of supervisors, deliberated and adopted the proposal on entrusted financial management with its own funds, and agreed that without affecting the normal operation of the company, The idle self owned funds with a total amount of no more than 300 million yuan can be used for entrusted financial management. Within the above limit, the funds can be used on a rolling basis. The relevant matters are hereby announced as follows: I. overview of entrusted financial management
1. Purpose of entrusted financial management
In order to improve the company's fund use efficiency and make rational use of idle self owned funds, the company plans to use idle self owned funds for entrusted financial management under the condition of controlling investment risk and not affecting the company's normal operation, so as to increase the company's income and create a better investment return for the company and shareholders.
2. Amount and term of entrusted financial management
The company plans to use its own funds of no more than RMB 300 million for entrusted financial management. The service life is valid within 12 months from the date of deliberation and approval at the 17th meeting of the 5th board of directors of the company. Within the above service life and limit, the funds can be recycled and used.
3. Variety of financial products
The company will strictly control risks in accordance with relevant regulations, strictly evaluate and screen financial products, and select low-risk financial products with high security, good liquidity and a period of no more than 12 months, which will not affect the use of funds required for the normal operation of the company.
4. Source of funds
Idle self owned funds of the company.
Announcement on using self owned funds for entrusted financial management
5. Implementation mode
After the above matters were deliberated and approved at the 17th meeting of the 5th board of directors, the board of directors authorized the management of the company to exercise relevant investment decision-making power within the specified limit and sign relevant documents.
6. Association relationship
The company ensures that there is no relationship with the financial institutions providing financial products. 2、 Investment risk analysis and risk control measures (I) investment risk
1. Although the investment products will be strictly evaluated, they are greatly affected by the macro-economy and financial market. It is not ruled out that the investment will be affected, resulting in risks, mainly income fluctuation risk, liquidity risk, etc;
2. The company will timely and appropriately intervene according to the macroeconomic situation and financial market, so the actual income of investment is unpredictable;
3. Operation and monitoring risks of relevant staff. (II) risk control measures
1. When the company conducts entrusted financial management, it will select low-risk investment products with good liquidity, high security and a term of no more than 12 months, and clarify the amount, term, investment varieties, rights, obligations and legal liabilities of both parties.
2. The financial director of the company shall arrange designated personnel to analyze and track the financial management progress in real time, and reasonably predict the possible gains and losses according to the principle of prudence. If the assessment finds that there are risk factors that may affect the safety of the company's funds, corresponding measures shall be taken in time to control the investment risk, and report to the general manager and the board of directors in time. At the same time, assign special personnel to manage relevant accounts. The entry and exit of entrusted financial funds must be carried out in the name of the company. It is prohibited to transfer funds from the entrusted financial account in the name of individuals, and strictly prohibit the lending of entrusted financial accounts and extra capital investments.
3. Independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and may hire professional institutions to audit when necessary. 3、 Impact on the company
Announcement on using self owned funds for entrusted financial management
Based on the principles of standardized operation, risk prevention, prudent investment, value preservation and appreciation, the company uses its own funds to purchase financial products with low risk and high liquidity, which is implemented on the premise of ensuring the company's daily operation and capital safety, does not affect the needs of the company's normal capital turnover, and is conducive to improving the company's capital use efficiency and obtaining good capital income, Fully protect the interests of shareholders. 4、 Opinions of independent directors
We have carefully considered the proposal on using self owned funds for entrusted financial management, conducted necessary verification on the company's operation and financial status, and expressed the following opinions: on the premise of ensuring the company's normal capital demand and capital safety, using idle self owned funds for entrusted financial management is conducive to improving the use efficiency of the company's funds, There is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders. The contents and procedures comply with the guidelines for standardized operation of companies listed on the gem of Shenzhen Stock Exchange and other relevant provisions. 5、 Opinions of the board of supervisors
The company's use of its own funds for entrusted financial management will not affect the normal needs of the company's daily capital turnover and the normal development of the company's main business. It is conducive to improving the company's capital use efficiency and obtaining a good return on investment. There is no damage to the interests of the company and small and medium-sized shareholders. 6、 Directory of documents for future reference
1. Resolutions of the 17th meeting of the 5th board of directors;
2. Resolutions of the 17th meeting of the 5th board of supervisors;
3. Independent opinions of independent directors on relevant matters. It is hereby announced.
Hiconics Eco-Energy Technology Co.Ltd(300048) board of directors
January 11, 2022
