Securities code: 603338 securities abbreviation: Zhejiang Dingli Machinery Co.Ltd(603338) Announcement No.: 2022-012 Zhejiang Dingli Machinery Co.Ltd(603338)
Announcement on the implementation of cash management with some idle raised funds
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Entrusted financial management trustee: Industrial And Commercial Bank Of China Limited(601398) Deqing leidian sub branch, Bank Of Hangzhou Co.Ltd(600926) Deqing sub branch of Co., Ltd., China Construction Bank Corporation(601939) Deqing sub branch, Huzhou Deqing sub branch of Bank of Communications Co., Ltd
Amount of entrusted financial management: RMB 600 million
Name of entrusted financial product: China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative corporate RMB structured deposit product - special account type 2022 phase g, Bank Of Hangzhou Co.Ltd(600926) "Tianlibao" structured deposit, China China Construction Bank Corporation(601939) Zhejiang branch unit RMB customized structured deposit Bank of communications Yuntong wealth time structured deposit 361 days (linked exchange rate bearish)
Period of entrusted financial management: no more than 12 months
Review procedures to be performed: Zhejiang Dingli Machinery Co.Ltd(603338) (hereinafter referred to as "the company") the proposal on cash management using some idle raised funds was considered and adopted at the 10th meeting of the Fourth Board of directors. The independent directors, the board of supervisors and the recommendation institution of the company have respectively expressed their opinions on this matter. For details, see Zhejiang Dingli Machinery Co.Ltd(603338) announcement on cash management using some idle raised funds (Announcement No.: 2022-008) disclosed by the company on the designated information disclosure media on January 12, 2022.
1、 Overview of entrusted financial management
(I) purpose of entrusted financial management
In order to improve the use efficiency of the company's funds and reduce the financial cost, in order to ensure that the investment projects with raised funds are not affected
In the case of construction, make rational use of some idle raised funds for cash management to increase capital income for the public
The company and its shareholders obtain better return on investment.
(II) source of funds
1. General information on sources of funds
The source of this financial management fund is the raised fund temporarily idle by the company.
2. Cash management using idle raised funds
Approved by China Securities Regulatory Commission on approving Zhejiang Dingli Machinery Co.Ltd(603338) non-public development
With the approval of the reply to the bank's shares (zjxk [2021] No. 3636), the company issued shares in a non-public manner
20862308 ordinary shares (A shares) in RMB are issued, with a par value of RMB 1 and an issue price of
RMB 71.90/share, the total amount of raised funds is RMB 1499999945.20, after deducting various issues
The cost is RMB 19207822.25 (excluding value-added tax), and the net amount of actually raised funds is RMB
1480792122.95 yuan. The above raised funds were remitted to the company on December 23, 2021
Supervised the account and issued a capital verification report (Certified Public Accountants' report) by Lixin Certified Public Accountants (special general partnership)
Zi [2021] No. za15995).
After deducting various issuance expenses from the total amount of the raised funds, the net amount of the raised funds will be used to invest in the following items:
The specific investment is as follows:
Total investment planned to be raised
Project No. (10000 yuan) fund amount
(10000 yuan) (10000 yuan)
1 annual output of 4000 large intelligent high altitude 22000 150000 10912.71
Platform project
Total 22000 150000 10912.71
As of the disclosure date of this announcement, 109.1271 million raised funds have been invested in the investment projects with raised funds
Yuan, and the balance of raised funds is 1371.665 million yuan. According to the construction cycle and promotion plan of the company's raised investment projects,
The project construction funds need to be paid gradually, so some of the raised funds are temporarily idle.
(III) basic information of entrusted financial products
S / N trustee's product amount expected annualized expected revenue type product name (RMB 10000) yield profit amount (RMB 10000)
Industrial and Commercial Bank of China Industrial And Commercial Bank Of China Limited(601398) linked exchange
Interval cumulative method for structural rate of bank shares
1. RMB structured deposit product of Co., Ltd. 12000 1.5% - 3.5% - Deqing leidian - special house type 2022
Sub branch 022 phase g payment
Bank Of Hangzhou Co.Ltd(600926) Bank Of Hangzhou Co.Ltd(600926) "Tianlibao"
2. Joint stock limited structured deposit product 5000 1.5% - 3.6% - company Deqing deposit (tlbb20218)
Sub branch
Bank Of Hangzhou Co.Ltd(600926) Bank Of Hangzhou Co.Ltd(600926) "Tianlibao"
3. Structured deposit products of Co., Ltd. 8000 1.8% - 3.65% - company Deqing deposit (tlbb20215)
Sub branch
China Construction China China Construction Bank Corporation(601939) Zhejiang Province
4. Bank's joint stock structured branch unit RMB 15000 1.7% - 3.3% - limited company deposit structured deposit
Deqing sub branch
Bank Of Communications Co.Ltd(601328) Bank Of Communications Co.Ltd(601328) Yuntong wealth determination
5. Joint stock limited structured term deposits 361 20000 1.85% - 3.40% - company Huzhou deposit days (linked exchange rate bearish)
Deqing sub branch
Whether the expected return in the reference year of revenue structure constitutes the scheduled return of product term type (if any) into a related rate transaction
Breakeven float
1 184 days' movable income does not involve inapplicable inapplicable no type
Breakeven float
2 180 day movable income does not involve inapplicable inapplicable no type
Breakeven float
3. 360 day movable income does not involve inapplicable inapplicable no type
Breakeven float
4 183 days' movable income does not involve not applicable not applicable no type
Breakeven float
5 361 days' movable income does not involve not applicable not applicable no type
(IV) the company's internal control over risks related to entrusted financial management
Within the scope of authorization, cash management shall be carried out in strict accordance with the relevant requirements of the company's internal control management regulations, and the specific matters shall be organized and implemented by the company's financial department.
The Finance Department of the company will timely analyze and track the progress of investment products, strengthen risk control and supervision, and ensure the safety of funds. Independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and may hire professional institutions to audit when necessary.
2、 Details of this entrusted financial management
(I) main terms of entrusted financial management contract
1. China's Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative corporate RMB structured deposit product - special account type 2022 phase 022 G
(1) Product Code: 22zh022g
(2) Product amount: 120 million yuan
(3) Product type: Principal Guaranteed floating income type
(4) Product start date: January 18, 2022
(5) Product expiration date: July 21, 2022
(6) Product revenue calculation period: 184 days
(7) The expected annualized rate of return = 1.50% + 2.00% * n / m, 1.50% and 2.00% are the expected annualized rate of return, where n is the actual number of days in the observation period when the linked object is less than the upper limit of the exchange rate observation range and higher than the lower limit of the exchange rate observation range, and M is the actual number of days in the observation period. The expected minimum annualized rate of return for customers is 1.50%, and the expected maximum annualized rate of return is 3.50%.
2. Bank Of Hangzhou Co.Ltd(600926) "Tianlibao" structured deposit product (tlbb20218)
(1) Product amount: 50 million yuan
(2) Product type: Principal Guaranteed floating income type
(3) Deposit term: 180 days
(4) Value date of deposit: January 14, 2022
(5) Maturity date of deposit: July 13, 2022
(6) Linked target: EURUSD spot rate
(7) Customer yield: lower than the lower limit of the agreed exchange rate range: 1.5%; Within the agreed exchange rate range: 3.4%; Higher than the upper limit of the agreed exchange rate range: 3.6%.
3. Bank Of Hangzhou Co.Ltd(600926) "Tianlibao" structured deposit product (tlbb20215)
(1) Product amount: 80 million yuan
(2) Product type: Principal Guaranteed floating income type
(3) Deposit term: 360 days
(4) Value date of deposit: January 14, 2022
(5) Maturity date of deposit: January 9, 2023
(6) Linked target: EURUSD spot rate
(7) Customer yield: lower than the lower limit of the agreed exchange rate range: 1.8%; Within the agreed exchange rate range: 3.45%; Higher than the upper limit of the agreed exchange rate range: 3.65%.
4. China China Construction Bank Corporation(601939) Zhejiang branch unit RMB customized structured deposit
(1) Product No.: 33064000020220113001
(2) Product amount: 150 million yuan
(3) Product type: Principal Guaranteed floating income type
(4) Product life: 183 days
(5) Product start date: January 13, 2022
(6) Product expiration date: July 15, 2022
(7) Customer expected annualized rate of return: 1.7% - 3.3%
5. Bank Of Communications Co.Ltd(601328) Yuntong wealth time structured deposit for 361 days (linked exchange rate bearish)
(1) Product Code: 2699220360
(2) Product nature: Principal Guaranteed floating income type
(3) Product amount: 200 million yuan
(4) Product life: 361 days
(5) Product establishment date: January 17, 2022
(6) Product expiration date: January 13, 2023
(7) Linked object: middle price of EUR / USD exchange rate
(8) Range of annualized floating rate of return: 1.85% - 3.40%
(II) investment direction of entrusted financial management funds
1. China's Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative corporate RMB structured deposit product - special account type, phase g, 2022. The principal part of the product is included in the unified operation and management of China's Industrial And Commercial Bank Of China Limited(601398) internal funds. The income part is invested in derivatives linked to the exchange rate of the US dollar against the Japanese yen, and the product income is linked to the performance of the exchange rate of the US dollar against the Japanese yen in the international market during the observation period. The return on investment depends on the performance of the US dollar against the Japanese yen during the observation period.
2. Bank Of Hangzhou Co.Ltd(600926) "Tianlibao" structured deposit is a kind of financial derivative instrument embedded on the basis of ordinary deposit and linked to a certain foreign exchange rate trend.
3. China China Construction Bank Corporation(601939) Zhejiang Branch included the principal of unit RMB customized structured deposit
