Securities code: Sansheng Intellectual Education Technology Co.Ltd(300282) securities abbreviation: Sansheng Intellectual Education Technology Co.Ltd(300282) Announcement No.: 2022020
Sansheng Intellectual Education Technology Co.Ltd(300282)
Announcement on using idle self owned funds for investment and financial management
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.
Sansheng Intellectual Education Technology Co.Ltd(300282) (hereinafter referred to as “the company”) passed the proposal on using idle self owned funds for investment and financial management at the 6th meeting of the 5th board of directors and the 4th meeting of the 5th board of supervisors. The board of directors agrees that in order to improve the use efficiency of idle self owned funds and increase the capital income of the company, the company and its subsidiaries use idle self owned funds of no more than 600 million yuan (including) for investment and financial management for a period of no more than one year without affecting the normal operation of the company and ensuring the safety of funds. Within the above amount and period, the funds can be used on a rolling basis. The relevant information is hereby announced as follows:
1、 Investment overview
1. Investment purpose
In order to improve the use efficiency of the company’s funds, without affecting the normal operation of the company and ensuring the safety of funds, use idle self owned funds for investment and financial management, increase the company’s income and seek better investment return for the company and shareholders.
2. Investment quota
The company and its subsidiaries intend to use idle self owned funds of no more than 600 million yuan (inclusive) for investment and wealth management. Within the above limit, the funds can be used on a rolling basis.
3. Investment varieties
The company will strictly control risks in accordance with relevant regulations, strictly evaluate and screen financial products, and invest in products with controllable risks through commercial banks, securities companies, trust companies and other financial institutions, including bank financial management, asset management plans, trust plans, etc. The company does not invest in domestic and foreign stocks, securities investment funds and other securities and their derivatives, nor does it invest in non breakeven financial products with stocks, interest rates, exchange rates and their derivatives as the main investment targets issued by banks and other financial institutions.
4. Investment period
No more than one year from the date of deliberation and approval by the board of directors of the company.
5. Source of funds
Idle self owned funds of the company and its subsidiaries.
6. Approval procedure
The purchase of financial products with idle self owned funds has been deliberated and adopted at the sixth meeting of the Fifth Board of directors and the fourth meeting of the Fifth Board of supervisors.
The company’s purchase of financial products with idle self owned funds is within the approval authority of the board of directors and does not need to be submitted to the general meeting of shareholders for deliberation.
7. Association relationship
The company has no relationship with the financial institutions providing financial products.
2、 Investment risk analysis and risk control measures
1. Investment risk
(1) It is mainly affected by changes in macro policies such as monetary policy, fiscal policy and industrial policy and relevant laws, regulations and policies, and there are certain systemic risks.
(2) Operation and monitoring risks of relevant staff.
2. The following measures are proposed for investment risks:
(1) Strictly select investment objects and select products issued by companies with good reputation, large scale, ability to ensure capital safety, good operating efficiency and strong capital operation ability.
(2) Relevant personnel of the Finance Department of the company will analyze and track the progress in time. If risk factors that may affect the safety of the company’s funds are found, corresponding preservation measures will be taken in time to control investment risks;
(3) Independent directors and the board of supervisors have the right to supervise and inspect the use of funds. The Audit Department of the company evaluates the possible risks and benefits of various investments according to the principle of prudence and reports to the audit committee under the board of directors.
(4) The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange. 3、 Impact on the company
1. The company’s use of idle self owned funds to purchase financial products is implemented on the premise of ensuring the company’s daily operation and capital safety, which will not affect the normal needs of the company’s daily capital turnover and the normal development of the company’s main business;
2. Through appropriate investment in financial products, the company can improve the efficiency of capital use, increase investment benefits, further improve the overall performance level of the company, and seek more return on investment for the company’s shareholders.
4、 Opinions of independent directors
Without affecting the normal operation of the company and ensuring the safety of funds, using idle self owned funds to purchase financial products is conducive to improving the use efficiency of the company’s self owned funds and increasing the company’s capital income on the premise of controlling risks. It will not have an adverse impact on the company’s business activities, which is in line with the interests of the company and does not damage the interests of the company and all shareholders, especially small and medium-sized shareholders. The decision-making procedure for this matter is legal and compliant. It is agreed that the company and its subsidiaries intend to use idle self owned funds of no more than 600 million yuan (inclusive) to purchase financial products. 5、 Opinions of the board of supervisors
The board of supervisors unanimously agreed that the company’s use of idle self owned funds to purchase financial products without affecting the normal operation and ensuring the safety of funds is conducive to improving the use efficiency of the company’s self owned funds and increasing the company’s capital income on the premise of risk control, will not have an adverse impact on the company’s business activities, is in line with the interests of the company, and does not damage the interests of the company and all shareholders, especially minority shareholders.
It is hereby announced.
Sansheng Intellectual Education Technology Co.Ltd(300282) board of directors April 29, 2002
