Securities code: 002947 securities abbreviation: Suzhou Hengmingda Electronic Technology Co.Ltd(002947) Announcement No.: 2022-001 Suzhou Hengmingda Electronic Technology Co.Ltd(002947)
Announcement on the progress of wholly owned subsidiaries in purchasing land use rights
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Suzhou Hengmingda Electronic Technology Co.Ltd(002947) (hereinafter referred to as “the company”) deliberated and adopted the proposal on the proposed purchase of land use rights by wholly-owned subsidiaries at the 21st Meeting of the second board of directors held on November 9, 2021, It is agreed that the wholly-owned subsidiary Huizhou Suzhou Hengmingda Electronic Technology Co.Ltd(002947) Electronic Technology Co., Ltd. (hereinafter referred to as “subsidiary” or “Huizhou Suzhou Hengmingda Electronic Technology Co.Ltd(002947) “) will purchase more than 50000 square meters of industrial land in Huizhou with its own funds of no more than 60 million yuan as the land for the upgrading and industrialization of electronic materials and devices of the subsidiary, And authorize the company’s management to handle all matters related to the purchase of land use rights. The transaction does not constitute a related relationship and does not constitute a major asset reorganization. For details, please refer to cninfo.com.cn on November 10, 2021 Relevant announcement of disclosure (Announcement No.: 2021-073).
1、 Transaction progress
Recently, the company won the land use right with listing No. gp2021-28 with RMB 48.64 million only in the public listing and transfer of state-owned construction land use right in Huiyang District, Huizhou City, and obtained the online listing transaction confirmation of state-owned construction land use right in Huiyang District, Huizhou City. In accordance with relevant laws and regulations and legal procedures, the company signed the transfer contract of state-owned construction land use right with Huizhou Huiyang District Natural Resources Bureau, contract No.: 441303-2021-000146.
2、 Main contents of transaction
(I) listing No.: gp2021-28
(II) land location: Xiangling village, Sanhe Street
(III) transfer area: 50452 square meters
(IV) land use: industrial land
(V) transfer period: 50 years
(VI) transaction price: 48.64 million yuan
3、 Purpose of this transaction and its impact on the company
(I) purpose of this investment
With the continuous expansion of business scope, the downstream market puts forward higher demands for the capacity scale of the company and its subsidiaries. This investment will further build the upgrading and industrialization projects of the company’s electronic materials and devices, so as to improve the production capacity and capacity reserves of the subsidiaries, give full play to the company’s cluster advantages in South China, and ensure the company’s overall profit advantage and overall income level.
(II) impact on the company
This investment conforms to the national policies and the company’s development plan, is conducive to improving the company’s industrial layout and consolidating the company’s core competitiveness, and is conducive to the company’s long-term operation and development. This investment will not affect the normal development of the existing main business, will not have a significant impact on the company’s financial status and operating results, and will not damage the interests of the listed company and all shareholders.
4、 Risk tips
Considering the uncertainty of future market and operation, there are certain market and operation risks in this investment. If the implementation conditions such as national or local policy adjustment and project approval change, the implementation of the project may have the risk of delay, change or termination, but it will not have a significant impact on the current operation of the company.
5、 Documents for future reference
(I) confirmation of online listing and transaction of state-owned construction land use right in Huiyang District, Huizhou City
(II) contract for assignment of state owned construction land use right
It is hereby announced.
Suzhou Hengmingda Electronic Technology Co.Ltd(002947) board of directors
January 14, 2022
