Securities code: 300512 securities abbreviation: Hangzhou Zhongya Machinery Co.Ltd(300512) Announcement No.: 2022-002 Hangzhou Zhongya Machinery Co.Ltd(300512)
Announcement on the progress of cash management and investment using part of its own funds
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.
On May 18, 2021, Hangzhou Zhongya Machinery Co.Ltd(300512) (hereinafter referred to as "the company") passed the proposal on using part of its own funds for cash management and investment at the 2020 annual general meeting of shareholders, and agreed that the company (including subsidiaries) would use its own funds of no more than 450 million yuan for cash management and investment, which would be effective within 12 months from the date of deliberation and approval by the general meeting of shareholders. Within the validity period of the above quota and resolution, it can be recycled and used.
On January 11, 2022, the company's holding subsidiary Hangzhou Zhongshui Siasun Robot&Automation Co.Ltd(300024) Manufacturing Co., Ltd. (hereinafter referred to as "Zhongshui Siasun Robot&Automation Co.Ltd(300024) ") redeemed the pledge quotation purchased in Citic Securities Company Limited(600030) in the early stage, repurchased Zhongshui Siasun Robot&Automation Co.Ltd(300024) for 35 days on December 7, realizing an investment income of 28767.12 yuan.
On January 11, 2022, Zhongshui Siasun Robot&Automation Co.Ltd(300024) conducted pledge quotation repurchase through Citic Securities Company Limited(600030) online trading system. The details are as follows:
1、 Main information of cash management and investment
(I) main information of redeemed products
Trustee's product amount product start date maturity date investment income name (10000 yuan) type (yuan)
CITIC Zhongshui Siasun Robot&Automation Co.Ltd(300024) 12 1000.00 pledge report December 2021 January 28767.12 2022 35 day price of securities on July 7, repurchase on July 11
(II) main information of products purchased this time
Trustee product amount product start date maturity date estimated annualized fund name (10000 yuan) type yield source
CITIC Zhongshui Siasun Robot&Automation Co.Ltd(300024) 1 1060.00 pledge report January 2022 February 2022 2 2.85% of its own securities 35 days price on November 11, repurchase funds on November 15
There is no relationship between Zhongshui Siasun Robot&Automation Co.Ltd(300024) and the above trustee.
2、 Key terms of cash management and investment related products
Zhongshui Siasun Robot&Automation Co.Ltd(300024) and Citic Securities Company Limited(600030) signed the pledge quotation repo customer agreement and pledge quotation repo risk disclosure through the online trading system. The main terms are as follows:
1. Pledged quote repo refers to Citic Securities Company Limited(600030) taking the self owned assets in line with the provisions of the measures for pledged quote repo transactions, registration and settlement business (SZK [2013] No. 35) as the pledge, and taking the amount corresponding to the converted standard bonds of the pledge as the financing limit, It is also agreed that Citic Securities Company Limited(600030) will return the integrated funds and pay the corresponding income to Siasun Robot&Automation Co.Ltd(300024) when the repurchase expires.
2. Citic Securities Company Limited(600030) with the consent of Shenzhen Stock Exchange, Zhongshui Siasun Robot&Automation Co.Ltd(300024) and Citic Securities Company Limited(600030) carry out quotation repurchase transactions, and entrust and authorize Citic Securities Company Limited(600030) to handle transaction declaration, registration and settlement of quotation repurchase and other matters related to quotation repurchase.
3. If Zhongshui Siasun Robot&Automation Co.Ltd(300024) needs to withdraw money on a trading day, it must make an advance withdrawal setting before 15:00 of the trading day before the trading day. After the setting is successful, Zhongshui Siasun Robot&Automation Co.Ltd(300024) can withdraw money before 15:00 of the trading day. Zhongshui Siasun Robot&Automation Co.Ltd(300024) cannot withdraw money on non trading days.
4. The term of repurchase transaction shall be calculated on a natural day. If the maturity date is a non trading day, the term of repurchase transaction shall be postponed to the next trading day. Zhongshui Siasun Robot&Automation Co.Ltd(300024) enjoys interest income from the next trading day after submitting the quotation repurchase entrustment; No interest income shall be enjoyed from the next trading day after the maturity date of repurchase (or early Repurchase Trading Day).
5. On the repurchase maturity date or early repurchase transaction date, the transaction will be automatically terminated, and the income will be paid and cleared by Citic Securities Company Limited(600030) together with the repurchase principal on the repurchase maturity date or early repurchase transaction date. Funds are available on the same day, but cannot be withdrawn on the same day.
3、 Investment risk analysis and risk control measures
(I) main investment risks
1. In the quoted repo transaction, there may be the risk that due to insufficient funds and system failure, the fund transfer on T + 1 (t is the trading day) may fail, and the corresponding fund transfer needs to be delayed to t + 2. If the fund transfer cannot be completed on T + 2, it is a breach of contract, and the corresponding breaching party shall bear the liability for breach of contract. 2. Possible counterparty credit risks and possible losses in quoted repo transactions, including but not limited to: failure of securities or capital transfer due to Citic Securities Company Limited(600030) , failure of pledge to fully guarantee all quoted repo debts due to fluctuation of pledge value, adjustment of conversion rate, judicial freezing or deduction, etc, As well as Citic Securities Company Limited(600030) being suspended or terminated the offer repurchase authority, entering risk disposal or bankruptcy proceedings, etc.
(II) proposed risk control measures
1. Strictly select investment objects and select products issued by units with good reputation, large scale, ability to ensure capital safety, good operating efficiency and strong capital operation ability.
2. The company pays close attention to the cash management and investment. If the assessment finds that there are risk factors that may affect the company's capital safety, the company will take corresponding measures in time to control the investment risk.
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.
4. The Audit Department of the company is responsible for conducting a comprehensive inspection of the products, reasonably predicting the possible risks and benefits of various investments according to the principle of prudence, and regularly reporting to the audit committee of the board of directors.
5. The company will do a good job of relevant information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
4、 Specific analysis and explanation on the safety of investment products and meeting the breakeven requirements
The company's cash management and investment use of reclaimed water Siasun Robot&Automation Co.Ltd(300024) self owned funds is 10.6 million yuan, and the investment amount does not exceed the limit authorized by the company's general meeting of shareholders. It is a stable, low-risk and good liquidity product.
5、 Impact on the company's operation
This cash management and investment of the company is based on the principles of standardized operation, risk prevention, prudent investment, value preservation and appreciation. Under the condition of ensuring the normal operation of production and operation, the company uses part of its own funds of reclaimed water Siasun Robot&Automation Co.Ltd(300024) for cash management and investment, which will not affect the normal operation of reclaimed water Siasun Robot&Automation Co.Ltd(300024) production and operation, and can improve the efficiency of fund use and obtain certain income, Obtain more return on investment for the company and shareholders.
6、 Relevant review and approval procedures
The 2020 general meeting of shareholders of the company deliberated and approved the proposal on cash management and investment with part of its own funds.
The independent directors and the board of supervisors of the company expressed their approval and verification opinions on the proposal on using part of their own funds for cash management and investment.
The amount and duration of this cash management and investment are within the approved scope and do not need to be submitted to the board of directors or the general meeting of shareholders for deliberation.
7、 Cash management and investment within 12 months before the announcement date
Trustee's name product name amount product type starting date redemption date estimated annual income remarks (RMB 10000) profit rate
Citic Securities Company Limited(600030) Zhouxin 1428 phase 1048.50 pledge form report 2021 / 01 / 12 2021 / 01 / 19 2.40% redemption price repurchase
Citic Securities Company Limited(600030) Central Asia Machinery reported 4000.00 pledge on January 19, 2021 / 01 / 19, 2021 / 02 / 02 2.70% redeemed 14 day repurchase
Citic Securities Company Limited(600030) Zhongshui Siasun Robot&Automation Co.Ltd(300024) January 19 1040.00 pledge form report 2021 / 01 / 19 2021 / 02 / 02 2.70% repurchase price 14 days on the redemption date
Citic Securities Company Limited(600030) Zhongya Machinery Co., Ltd. pledged 4000.00 on February 2 to 2021 / 02 / 02 2021 / 02 / 19, with 3.30% redeemed and 17 day repurchase price
Citic Securities Company Limited(600030) Zhongshui Siasun Robot&Automation Co.Ltd(300024) February 2 1049.00 pledge form report 2021 / 02 / 02 2021 / 03 / 02 3.40% repurchase price 28 days on the redemption date
Bank of Hangzhou "Tianlibao \\" structured deposit 10000.0, structured deposit 1.50%, 3.35%
Payment from Hushu sub branch (0 payment of linked exchange rate B 2021 / 02 / 05 2021 / 05 / 06 or 3.55% redeemed version)
China CITIC Bank's win-win Zhixin exchange rate linked structured deposit of 1.48% and 2.90%
Hangzhou Hushu RMB structured deposit 5000.00 2021 / 02 / 05 2021 / 05 / 06 or 3.30% redeemed sub branch 03114
Citic Securities Company Limited(600030) Central Asia Machinery Co., Ltd. reported 3000.00 pledge on February 22, 2021 / 02 / 22, 2021 / 03 / 08, 3.00% redeemed, 14 day price repurchase
Citic Securities Company Limited(600030) Zhou Xin 1451 phase 1052.80 pledge form report 2021 / 03 / 02 2021 / 03 / 09 2.40% redemption price repurchase
Citic Securities Company Limited(600030) on March 9, Central Asia Machinery reported 3000.00 pledge on 2021 / 03 / 09 and 2021 / 03 / 23, with 2.70% redeemed and 14 day repurchase price
Citic Securities Company Limited(600030) Zhongshui Siasun Robot&Automation Co.Ltd(300024) March 9 1000.00 pledge report 2021 / 03 / 09 2021 / 04 / 13 3.00% repurchase at 35 days' price on the redemption date
Citic Securities Company Limited(600030) Central Asia Machinery Co., Ltd. pledged 4000.00 on March 23 to 2021 / 03 / 23 2021 / 04 / 07. 2.80% has been redeemed and repurchased at the price of 15 days
Citic Securities Company Limited(600030) on April 7, Central Asia Machinery reported 4000.00 pledge on 2021 / 04 / 07 2021 / 04 / 21 2.60% redeemed 14 day repurchase price
Citic Securities Company Limited(600030) Zhongshui Siasun Robot&Automation Co.Ltd(300024) on April 13, 1000.00 pledge was reported to 2021 / 04 / 13, 2021 / 05 / 11, and 2.60% was repurchased at the price of 28 days on the redemption date
"Huili & Fung" in 2021
ABC Shixiang 4792 corporate customized structured deposits 2021 / 04 / 22 2021 / 05 / 27 1.50% - 3.40% redeemed loop sub branch civil currency structured deposits 1000.00
product
Citic Securities Company Limited(600030) on April 29, Central Asia Machinery reported 4000.00 pledge on 2021 / 04 / 29 2021 / 05 / 13 2.70% redeemed 14 day repurchase price
Corporate structured deposits of Bank of Jiangsu 10000.0 structured deposits 1.4% or
Hangzhou Gongshu 2021 issue 29 three 0 202
