Securities code: 301196 securities abbreviation: Weike technology Announcement No.: 2022-006 Xiamen Weike Jiangnan Mould & Plastic Technology Co.Ltd(000700) Co., Ltd
Announcement on using some idle self owned funds for cash 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.
Xiamen Weike Jiangnan Mould & Plastic Technology Co.Ltd(000700) Co., Ltd. (hereinafter referred to as "the company" or "Weike technology") held the 16th meeting of the first board of directors on January 18, 2022, deliberated and adopted the proposal on the company's plan to use some idle self owned funds for cash management, and agreed to use idle self owned funds of no more than 500 million yuan for cash management, It is used to purchase principal guaranteed financial products with high security and good liquidity or financial products such as structured deposits. The service life shall not exceed 12 months (including 12 months) from the date of deliberation and approval by the general meeting of shareholders of the company. Within the validity period of the above quota and resolution, it can be recycled and used. The specific contents are announced as follows:
1、 Basic information of cash management using some temporarily idle self owned funds
1. Variety of financial products
In order to control risks, the varieties of investment products are limited to financial products with high security and good liquidity, including but not limited to bank financial products, brokerage financial products and other financial products.
2. Validity of resolution
Within 12 months from the date of deliberation and approval by the general meeting of shareholders of the company.
3. Investment quota
On the premise of ensuring the production, operation and use of funds, the company uses idle self owned funds of no more than 500 million yuan (including 500 million yuan) to purchase financial products in accordance with the proposed purchase plan of financial products. Within the above validity period, the funds can be used on a rolling basis.
4. Implementation mode
Within the limit, the chairman is authorized to exercise the investment decision-making power and sign relevant contract documents, including but not limited to: selecting a qualified professional financial institution as the trustee, specifying the amount and period of entrusted financial management, selecting the variety of entrusted financial management products, signing contracts and agreements and other legal instruments. The company's specific investment activities shall be organized and implemented by the company's financial department.
5. Information disclosure
The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
2、 Investment risk and risk control measures
Although financial products belong to low-risk investment varieties, the financial market is greatly affected by macro-economy. The company will intervene timely and appropriately according to the economic situation and changes in the financial market, but it does not rule out that the investment is affected by market fluctuations. For possible investment risks, the company plans to take the following measures:
(1) The financial department of the company will timely analyze and track the investment direction of bank financial products and project progress. If adverse factors are found or judged, corresponding measures will be taken in time to strictly control investment risks.
(2) The independent directors and the board of supervisors of the company have the right to supervise and inspect the use of the above idle self owned funds, and can hire professional institutions to audit when necessary.
(3) The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange. 3、 Approval procedures and special opinions for this event
(I) deliberations of the board of directors
On January 18, 2022, the 16th meeting of the first board of directors of the company deliberated and adopted the proposal on the company's plan to use some idle self owned funds for cash management, which was unanimously agreed by all directors after deliberation and voting.
(II) opinions of independent directors
The independent directors believe that the company's use of some idle self owned funds for cash management is conducive to improving the use efficiency of the company's self owned funds, increasing the company's investment income and improving the rate of return on assets, without damaging the interests of the company and all shareholders, especially small and medium-sized shareholders. It is agreed that the company will use idle self owned funds for cash management.
The proposal still needs to be deliberated and approved by the general meeting of shareholders.
4、 Documents for future reference
1. Resolution of the 16th meeting of the first board of directors;
2. Independent opinions of independent directors on matters related to the 16th meeting of the first board of directors.
It is hereby announced.
Board of directors of Xiamen Weike Jiangnan Mould & Plastic Technology Co.Ltd(000700) Co., Ltd. January 19, 2022
