Securities code: 000338 securities abbreviation: Weichai Power Co.Ltd(000338) Announcement No.: 2022-001
Weichai Power Co.Ltd(000338) about using some idle raised funds for cash management
Announcement on progress of due redemption and continued cash management
The company and all members of the board of directors guarantee that the content of information disclosure is true, accurate and complete without falsehood
False records, misleading statements or material omissions.
Weichai Power Co.Ltd(000338) (hereinafter referred to as "the company") held the 2021 meeting on July 30, 2021
The seventh interim Board of directors meeting in and the fifth interim Board of supervisors meeting in 2021 reviewed and adopted the
Discuss and approve the proposal on the company's use of some idle raised funds for cash management, and agree that the company
On the premise of ensuring that the normal progress of the investment plan of the raised funds and the safety of the raised funds are not affected, the use amount is not limited
The idle raised funds of more than RMB 600 million shall be managed in cash and used for investment
Structured deposit products with high security and good liquidity with a maturity of no more than 12 months. In the above amount
Within the scope of degree, the funds can be recycled. The independent directors and the board of supervisors of the company have made clear agreement on the above matters
The company's recommendation institution Citic Securities Company Limited(600030) issued verification opinions on the above matters.
For details, please refer to the company's announcement on cninfo.com on July 31, 2021（ http://www.cn.info.com.cn. ）
Relevant announcements disclosed on.
The implementation progress of the company's use of some idle raised funds for cash management is hereby announced as follows:
1、 Use some idle raised funds for cash management and redemption at maturity
Order trustee product name product type subscription amount product term expected annualized actual return No. (10000 yuan) rate of return (10000 yuan)
China Merchants Bank Co.Ltd(600036) shares China Merchants Bank Co.Ltd(600036) point Gold Series: 1.65% in October 2021 or
1. Weifang Co., Ltd. fell three-tier interval 79 day structure breakeven floating 150000 from January 13 to 3.10% or 1006.44 branch business department deposit (Product Code: income type, December 2021, 3.30%)
Nqd00118) 31st
Recently, the company has redeemed the above due cash management products and recovered the principal of RMB 150 million
The actual income was RMB 10.0644 million.
2、 Continued use of some idle raised funds for cash management this time
Order trustee product name product type subscription amount product term expected annual income related number (RMB 10000) interest rate relationship
China Merchants Bank Co.Ltd(600036) shares China Merchants Bank Co.Ltd(600036) dianjin series 1.65% in January 2022 or
1. Weifang Co., Ltd. is bearish on the three-tier range of 14 day Principal Guaranteed floating 150000 from January 14 to 3.30% or there is no structural deposit in the branch business department (product generation income type) 3.50% in January 2022
Code: nqd00170) on 28th
3、 Investment risk and risk control measures
The investment variety purchased by the company this time is structural deposit, which is a low-risk investment variety with guaranteed floating income. It is mainly affected by the macro-economy. It is not excluded that the relevant income will be affected by market fluctuations in the future. The risk control measures to be taken by the company are as follows:
1. The company will strictly abide by the principle of prudent investment, strictly screen investment objects and select investment varieties with high safety. The relevant personnel of the company's financial department will timely analyze and track the investment progress. If the evaluation finds that there are risk factors that may affect the company's capital safety, they will take corresponding measures in time to control the investment risk; 2. The company's internal audit department is responsible for auditing and supervising the use and custody of funds of financial products, and regularly conducting comprehensive inspection on all financial products;
3. 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;
4. The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
4、 Impact on the daily operation of the company
The company's cash management with idle raised funds is implemented on the premise of ensuring the normal operation of the investment projects with raised funds and the normal production and operation of the company, which is conducive to improving the use efficiency of funds, increasing the company's income, seeking more investment returns for the company's shareholders, and does not violate the relevant commitments of the investment projects with raised funds, It will not affect the normal progress of the investment projects with raised funds, change the purpose of raised funds in a disguised manner and damage the interests of shareholders, and will not affect the funds required for the company's daily production and operation activities.
5、 Use of idle raised funds for cash management within 12 months before the announcement date
Whether the expected annual income of subscription amount of sequential products is actually received or not the trustee's product name type (RMB 10000) product term profit rate redemption profit (RMB 10000)
China Merchants Bank Co.Ltd(600036) stock China Merchants Bank Co.Ltd(600036) point Gold Series: breakeven floating at 1.65% in September 2021 or
1 share of the 27 day structural movable income of the three-tier range of the limited company fell to 2.95% on March 3, 200000 or 467.69 Weifang branch's business deposit (Product Code: type, September 2021, 3.15%)
Ministry of industry (nqd00096) June 30
ICBC China Industrial And Commercial Bank Of China Limited(601398) linked exchange September 2021
The bank's limited share rate interval cumulative method and everyone's breakeven floating from March 3 to
2. The company's Weifang dongminyuan structured deposit product has a dynamic income of 80000. 1.3% - 3.7% in August 2022. No-
Guan sub branch - special house type July 29, 2021
Installment u
ICBC China Industrial And Commercial Bank Of China Limited(601398) linked exchange September 2021
The bank's limited share rate interval cumulative method and everyone's breakeven floating from September 9 to
3. The company's dynamic income of Weifang dongminyuan structured deposit product is 100000, 1.5% - 3.47% in June 2022 no-
Guan sub branch - special house type June 8, 2021
Installment G
ICBC China Industrial And Commercial Bank Of China Limited(601398) linked exchange September 2021
The bank's limited share rate interval cumulative method and everyone's breakeven floating from September 9 to
4. The company's Weifang dongminyuan structured deposit product has a dynamic income of 220000, 1.5% - 3.7% in September 2022 no-
Guan sub branch - special house type June 8, 2021
Installment H
China Merchants Bank Co.Ltd(600036) stock China Merchants Bank Co.Ltd(600036) point Gold Series: breakeven floating at 1.65% or 1.65% in October 2021
5 shares Co., Ltd. fell three-tier range 79 day structural movable income 150000 to 3.10% on June 13 or 1006.44 Weifang branch business deposit (Product Code: type 2021 12 3.30%)
Business department (nqd00118) December 31
ICBC China Industrial And Commercial Bank Of China Limited(601398) linked exchange October 2021
The bank's limited share rate interval cumulative method and everyone's breakeven floating from January 20 to
6. The company's dynamic income of Weifang dongminyuan structured deposit product is 50000, 1.30% - 3.41% in April 2022 no-
Guan sub branch - special house type June 18, 2021
Installment R
China Merchants Bank Co.Ltd(600036) stock China Merchants Bank Co.Ltd(600036) point Gold Series: breakeven floating at 1.65% in January 2022 or
7 Co., Ltd. fell three-tier range 14 day structural movable income 150000 to 3.30% on June 14 or no-
Weifang branch business deposit (Product Code: type 2022 01 3.50%)
Ministry of industry (nqd00170) August 28
As of the date of this announcement, the company has used part of the idle raised funds to purchase the unexpired financial products
The amount is RMB 600 million (including this time), which does not exceed the idle raising used by the board of directors for the company
Approved limit for cash management of funds.
6、 Documents for future reference 1. Certificates related to redemption of financial products; 2. Relevant subscription materials for the purchase of structured deposits. It is hereby announced.
Weichai Power Co.Ltd(000338) board of directors January 13, 2022
