Securities code: Shenzhen Increase Technology Co.Ltd(300713) securities abbreviation: Shenzhen Increase Technology Co.Ltd(300713) Announcement No.: 2022031 Shenzhen Increase Technology Co.Ltd(300713)
Announcement on carrying out bill pool business
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.
Shenzhen Increase Technology Co.Ltd(300713) (hereinafter referred to as "the company") held the fourth meeting of the third board of directors and the fourth meeting of the third board of supervisors on April 22, 2022, deliberated and adopted the proposal on developing bill pool business respectively, and agreed that the company should use the bill pool limit of no more than 49 million yuan, that is, the balance of bills pledged for carrying out bill pool business with cooperative banks should not exceed 49 million yuan, The validity period is one year, and the limit can be recycled within the business period. The relevant information is now announced as follows: I. overview of bill pool business
1. Business Overview
Bill pool business refers to the comprehensive bill management service provided by agreement banks to enterprises, which integrates the functions of bill trusteeship and collection, bill pledge pool financing, bill discount, Bill agent query, business statistics and so on.
2. Cooperative bank
The advanced bank credit pool business mode of the company is proposed to be better bank credit management.
3. Business term
The commencement date of the above-mentioned bill pool business is one year from the date of deliberation and approval by the board of directors of the company.
4. Implementation quota
The company uses a bill pool quota of no more than 49 million yuan, and the total spot balance of pledged and mortgaged bills used to carry out bill pool business is no more than 49 million yuan, which can be recycled within the above quota. 5. Guarantee mode
Under the premise of controllable risk, the company can adopt various guarantee methods for the establishment and use of bill pool, such as maximum amount pledge, general pledge, certificate of deposit pledge, bill pledge, guarantee deposit pledge and so on.
2、 Impact and risk of bill pool business on the company
1. Impact of bill pool business on the company
With the expansion of the company's acceptance business, the company's acceptance business will be centralized, the company's use of bills receivable will be increased, the company's acceptance business will be centralized, the company's use of bills receivable will be reduced, and the company's equity will be reduced accordingly.
2. Risk and risk control of bill pool business
(1) Liquidity risk
To carry out the bill pool business, the company needs to open a special margin account for the pledge financing business of the bill pool in the cooperative bank as the entry account for the due collection of the pledged bills under the bill pool. If the due dates of notes receivable and notes payable are inconsistent, the collected funds will enter the margin account where the company applies to the cooperative bank for issuing commercial bills, which will have a certain impact on the liquidity of the company's funds.
Risk control measures: the company can eliminate this impact by replacing the margin with newly received notes, and the capital liquidity risk is controllable.
(2) Guarantee risk
The company uses the bills entering the bill pool as pledge and applies to the cooperative bank for issuing bills of exchange to pay the supplier's payment for goods and other operating funds. With the maturity of the pledged bills, the company will handle the collection and settlement. When the amount of the pledged bills is insufficient, the cooperative bank may require the company to recover and add various forms of guarantee such as newly received bills, certificates of deposit and margin.
Risk control measures: after the company and the cooperative bank carry out the bill pool business, the company will arrange special personnel to connect with the cooperative bank, establish the bill pool account, track and manage, timely understand the collection and settlement of expired bills and arrange the company's newly received bills into the pool, so as to ensure the safety and liquidity of the bills into the pool.
3、 Decision making procedure and organization implementation
1. Within the scope of the above bill pool business quota, the board of directors of the company authorizes the company's operation management and its authorized person to exercise the decision-making power of specific operations and sign relevant contract documents, including but not limited to the selected commercial bank, determining the specific quota of the bill pool that can be used by the company, collateral, guarantee form and amount, etc.
2. The Finance Department of the company is responsible for organizing the implementation of the bill pool business according to the decisions of the operation and management, and arranging special personnel to timely analyze and track the progress of the bill pool business. If adverse factors are found or judged, it will take corresponding measures in time to control risks, and report to the operation and management and the board of directors of the company at the first time.
3. The independent directors and the board of supervisors have the right to supervise and inspect the specific conditions of the company's bill pool business. 4、 Opinions of the board of supervisors and independent directors
1. Opinions of the board of supervisors
The board of supervisors believes that the company's bill pool business this time can improve the use efficiency and income of the company's bill assets, will not affect the normal development of the company's main business, and will not damage the interests of the company and minority shareholders.
We agree that the company will use the bill pool limit of no more than RMB 49 million, that is, it is used to carry out bill pool business with cooperative banks, and the spot balance of pledged bills will not exceed RMB 49 million, which is valid for one year. During the business term, the limit can be recycled.
2. Opinions of independent directors
Independent directors believe that the company is in good operation and stable financial condition. The company's bill pool business can improve the capital utilization rate, reduce the company's capital occupation and optimize the financial structure.
Therefore, we agree that the company will use the bill pool limit of no more than RMB 49 million, that is, the spot balance of pledged bills used to carry out bill pool business with cooperative banks will not exceed RMB 49 million, and the validity period is one year. During the business period, the limit can be recycled.
5、 Documents for future reference
1. Resolutions of the fourth meeting of the third board of directors of the company;
2. Resolutions of the fourth meeting of the third board of supervisors of the company;
3. Independent opinions of the company's independent directors on matters related to the fourth meeting of the third board of directors;
It is hereby announced.
Shenzhen Increase Technology Co.Ltd(300713) board of directors April 26, 2022
