Securities code: Guangdong Enpack Packaging Co.Ltd(002846) securities abbreviation: Guangdong Enpack Packaging Co.Ltd(002846) Announcement No.: 2022033 bond Code: 128079 bond abbreviation: Yinglian convertible bond
Guangdong Enpack Packaging Co.Ltd(002846)
Announcement on cash management with self owned funds 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.
Guangdong Enpack Packaging Co.Ltd(002846) (hereinafter referred to as "the company") held the 20th meeting of the third board of directors and the 19th meeting of the third board of supervisors respectively on April 23, 2022, deliberated and adopted the proposal on cash management with its own funds in 2022. Under the condition of ensuring the normal operation of the company, the company and its subsidiaries intend to use its own funds of no more than RMB 100 million (including this amount) for cash management. This matter still needs to be submitted to the 2021 annual general meeting of shareholders for deliberation. Now the specific situation is announced as follows: I. The proposed use of self owned funds for cash management this time
1. Cash management purpose
In order to improve the use efficiency of the company's funds, under the condition of not affecting the normal operation of the company, make rational use of some idle self owned funds for cash management, improve capital income and obtain more return on investment for the company and shareholders. 2. Limit and term
The company and its subsidiaries intend to use their own funds of no more than RMB 100 million (including this amount) for cash management in 2022, with a service life of no more than 12 months, which can be used on a rolling basis within the validity of the above quota and resolution. 3. Investment varieties
It is proposed to purchase low-risk investment products of banks or non bank financial institutions with high security and good liquidity with a term of no more than 12 months.
4. Validity period of resolution
The validity period of the resolution is from the date of deliberation and approval of the 2021 annual general meeting of shareholders to the date of convening the 2022 annual general meeting of shareholders.
5. Implementation mode
Authorize the chairman of the board of directors to exercise the above investment decision-making power and sign relevant contract documents within the amount and validity approved by the general meeting of shareholders of the company according to the actual needs, which shall be organized and implemented by the financial director of the company, and the financial department of the company shall be responsible for the specific operation.
6. Information disclosure
The company will do a good job of relevant information disclosure in strict accordance with the relevant regulatory requirements, such as the stock listing rules of Shenzhen Stock Exchange (revised in 2022), the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board, and so on.
2、 Investment risk analysis and risk control measures
(I) investment risk
1. Financial products are subject to strict screening and risk assessment, but the financial market is greatly affected by the macro-economy, so it is not ruled out that the investment is affected by the sharp fluctuations of the market.
2. The company will intervene timely and appropriately according to the economic situation and changes in the financial market, so the actual income of short-term investment is unpredictable.
3. Operation and monitoring risks of relevant staff.
(II) risk control measures
1. When the company and its subsidiaries conduct cash management, they will strictly select investment objects, select financial 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 relevant personnel of the company's financial department will timely analyze and track the investment direction of financial products and the progress of the project. If the evaluation finds that there are risk factors that may affect the safety of the company's funds, they will take corresponding measures in time to control the investment risk.
3. The company's internal audit department is responsible for internal supervision and regular comprehensive inspection of investment products;
4. Independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and can hire professional institutions to audit when necessary.
5. The company will disclose the cash management during the reporting period in the regular report in accordance with the relevant provisions of Shenzhen Stock Exchange.
3、 Impact on the company's operation
The company and its subsidiaries insist on standardized operation. Under the condition of ensuring the normal operation of the company, some temporarily idle self owned funds are used for cash management, which will not affect the normal development of the company's main business. At the same time, it can improve the efficiency of fund use, obtain certain income and obtain more returns for the company and shareholders.
4、 Relevant review and approval procedures
1. Deliberations of the board of directors
The 20th meeting of the third board of directors of the company deliberated and approved the proposal on cash management with self owned funds in 2022, and agreed that the company and its subsidiaries would use their own funds of no more than RMB 100 million (including this amount) for cash management without affecting the normal production and operation of the company, and the amount could be used on a rolling basis within the validity period of the resolution.
2. Deliberation of the board of supervisors
The 19th meeting of the third board of supervisors of the company deliberated and approved the proposal on cash management with self owned funds in 2022, and agreed that the company and its subsidiaries use self owned funds of no more than RMB 100 million (including this amount) for cash management without affecting the normal production and operation of the company, and this amount can be used in a rolling manner within the validity period of the resolution.
3. Opinions of independent directors
The independent directors of the company believe that: on the premise of complying with national laws and regulations and ensuring the liquidity and safety of the company's funds, the company and its subsidiaries use their own idle funds to purchase low-risk financial products, which is conducive to improving the efficiency of capital use, will not affect the development of the company's main business and is conducive to the interests of the company and all shareholders, Therefore, we agree that the company and its subsidiaries use temporarily idle self owned funds for cash management, and submit the proposal to the general meeting of shareholders of the company for deliberation and voting.
5、 Documents for future reference
1. Guangdong Enpack Packaging Co.Ltd(002846) the resolution of the 20th meeting of the third board of directors
2. The 19th meeting of the board of supervisors
3. Guangdong Enpack Packaging Co.Ltd(002846) independent directors' independent opinions on matters related to the 20th meeting of the third board of directors
It is hereby announced.
Guangdong Enpack Packaging Co.Ltd(002846) board of directors
April 25, 2001
