Securities code: 000982 securities abbreviation: Ningxia Zhongyin Cashmere Co.Ltd(000982) Announcement No.: 2022-06 Ningxia Zhongyin Cashmere Co.Ltd(000982)
Announcement on the progress of using temporarily idle self owned funds to purchase financial products
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.
Ningxia Zhongyin Cashmere Co.Ltd(000982) (hereinafter referred to as "the company") convened the 24th Meeting of the 7th board of directors and the 14th meeting of the 7th board of supervisors on March 24, 2021, deliberated and adopted the proposal on using idle self owned funds to purchase bank financial products, and the board of directors agreed that on the premise of ensuring the daily operation capital demand and capital safety, The company and its subsidiaries use idle self owned funds of no more than RMB 600 million to purchase financial products issued by commercial banks. Within this limit, the funds can be used on a rolling basis. The investment period is effective within 12 months from the date of deliberation and approval by the company's general meeting of shareholders, and authorize the company's management to be responsible for the specific implementation of relevant matters and sign relevant contract documents; For details, please refer to securities times, Securities Daily, China Securities News, Shanghai Securities News and cninfo (www.cn. Info. Com. CN.) published on March 26, 2021 Announcement of Ningxia Zhongyin Cashmere Co.Ltd(000982) on purchasing financial products with temporarily idle own funds (Announcement No.: 2021-18). The above investment matters have been deliberated and approved by the company's 2020 annual general meeting of shareholders.
Recently, the company purchased financial products with idle self owned funds. The specific progress is as follows:
1、 Using its own idle funds to purchase financial products
(I) on January 17, 2022, the company subscribed for the financial products issued by Ping An Bank Co.Ltd(000001) with its own capital of RMB 150 million. The details are as follows:
1. Product Name: Ping An wealth - daily growth cash RMB financial product B (t02lk18002) 2. Investment currency: RMB
3. Subscription amount: 150 million yuan
4. Source of funds: self owned funds
5. Product type: non breakeven floating income type
6. Risk level: Level 2 (medium and low risk. The probability of principal loss is low, but the expected return is uncertain)
7. Estimated annualized rate of return: the annualized rate of return in recent 7 days is 2.70%. Historically, the annualized rate of return is not equal to the actual rate of return, and the actual rate of return to maturity shall prevail.
8. Product term: no fixed term
9. Product value date: January 17, 2022
10. Investment scope:
This product is mainly invested in the following fixed income assets that meet the regulatory requirements, including but not limited to Treasury bonds, local government bonds, central bank bills, government agency bonds, financial bonds, bank deposits, large certificates of deposit, interbank certificates of deposit, corporate credit bonds, asset-backed securities, public securities investment funds Other creditor's rights assets, other assets recognized by the banking regulatory authority under the State Council, and asset management products issued by financial institutions that meet the above investment scope.
The subject of domestic credit bonds invested by this product or the public market rating of bonds shall not be lower than AA. The proportion of this product invested in creditor's rights assets such as deposits and bonds shall not be less than 80%, and the proportion of other types of assets shall not exceed 20%. (II) on January 17, 2022, the company subscribed for the financial products issued by Industrial Bank Co.Ltd(601166) with its own capital of RMB 200 million. The details are as follows:
1. Product Name: Golden snowball Tianli express net worth financial product
2. Investment currency: RMB
3. Subscription amount: 200 million yuan
4. Source of funds: self owned funds
5. Product type: non breakeven floating income type
6. Risk level: R1 (basically no risk level. The product does not guarantee the principal, but it is little affected by risk factors and has high liquidity.)
7. Expected annualized rate of return: the annualized rate of return in the past 7 days is 2.79%. The past performance of financial products does not represent its future performance and does not equal to the actual income of financial products.
8. Product term: no fixed term
9. Product value date: January 17, 2022
10. Investment scope: 100% of this product is invested in fixed income assets that meet regulatory requirements. The main investment scope includes but is not limited to:
(1) Money market instruments such as bank deposits, bond reverse repurchase, monetary fund and other inter-bank and exchange financing instruments.
(2) Interbank certificates of deposit, treasury bonds, policy financial bonds, central bank bills, short-term financing bonds, ultra short-term financing bonds, medium-term bills, corporate bonds, non-public directional debt financing instruments, asset-backed securities, subordinated bonds and other interbank and exchange market bonds and debt financing instruments, as well as other fixed income short-term investment instruments. (3) Other creditor's rights assets that meet the regulatory requirements.
The investment in highly liquid assets such as bank deposits, monetary funds, interbank certificates of deposit and interest rate bonds shall account for no less than 30%, and the investment in bonds below AAA and other fixed income assets shall account for no more than 70%.
(III) on January 17, 2022, the company subscribed for financial products issued by Bank Of China Limited(601988) Bank Co., Ltd. with its own capital of RMB 150 million. The details are as follows:
1. Product Name: BOC wealth management - (7 days) minimum holding period fixed income wealth management product (cyqgs7d)
2. Investment currency: RMB
3. Subscription amount: 150 million yuan
4. Source of funds: self owned funds
5. Product type: non breakeven floating income type
6. Risk level: Level 2 (medium and low risk)
7. Estimated annualized rate of return: for net worth products, the annualized rate of return is 2.78% - 3.58%. The historical annualized rate of return is not equal to the actual rate of return, and the actual rate of return to maturity shall prevail.
8. Product term: no fixed term
9. Product value date: January 17, 2022
10. Investment scope:
The funds raised by this financial product are mainly invested in the following financial instruments:
(1) Money market instruments, including cash, bank deposits, negotiated deposits, inter-bank certificates of deposit, large amount transferable certificates of deposit, bond repurchase (including reverse repurchase), capital lending, etc;
(2) National bonds, local government bonds, policy financial bonds, central bank bills and government agency bonds; (3) Financial bonds, short-term financing bonds, ultra short-term financing bonds, medium-term notes, long-term restricted right medium-term notes, non-public directional debt financing instruments, bonds issued by foreign borrowers in the Chinese market, etc;
(4) Corporate bonds, corporate bonds, convertible bonds, exchangeable bonds, non-public bonds issued by the exchange, preferred shares, etc;
(5) Securities investment funds with fixed income assets as the main investment object and various asset management products or plans;
(6) Priority file of asset securitization products;
(7) Treasury bond futures and interest rate swaps for the purpose of risk hedging.
This financial product does not invest in non standardized creditor's rights assets and equity assets such as stocks and warrants. (IV) on January 18, 2022, the company subscribed for financial products issued by Bank Of China Limited(601988) Bank Co., Ltd. with its own capital of RMB 100 million. The details are as follows:
1. Product Name: BOC wealth management - (7 days) minimum holding period fixed income wealth management product (cyqgs7d) 2. Investment currency: RMB
3. Subscription amount: 100 million yuan
4. Source of funds: self owned funds
5. Product type: non breakeven floating income type
6. Risk level: Level 2 (medium and low risk)
7. Estimated annualized rate of return: for net worth products, the annualized rate of return is 2.78% - 3.58%. The historical annualized rate of return is not equal to the actual rate of return, and the actual rate of return to maturity shall prevail.
8. Product term: no fixed term
9. Product value date: January 18, 2022
10. Investment scope:
The funds raised by this financial product are mainly invested in the following financial instruments:
(1) Money market instruments, including cash, bank deposits, negotiated deposits, inter-bank certificates of deposit, large amount transferable certificates of deposit, bond repurchase (including reverse repurchase), capital lending, etc;
(2) National bonds, local government bonds, policy financial bonds, central bank bills and government agency bonds; (3) Financial bonds, short-term financing bonds, ultra short-term financing bonds, medium-term notes, long-term restricted right medium-term notes, non-public directional debt financing instruments, bonds issued by foreign borrowers in the Chinese market, etc;
(4) Corporate bonds, corporate bonds, convertible bonds, exchangeable bonds, non-public bonds issued by the exchange, preferred shares, etc;
(5) Securities investment funds with fixed income assets as the main investment object and various asset management products or plans;
(6) Priority file of asset securitization products;
(7) Treasury bond futures and interest rate swaps for the purpose of risk hedging.
This financial product does not invest in non standardized creditor's rights assets and equity assets such as stocks and warrants.
2、 Investment risks and risk control measures
(I) possible investment risks
Although the financial products purchased by the company this time have high security and good liquidity, changes in national policies and relevant laws and regulations may affect the normal operation of subscription, investment operation, liquidation and other businesses of the financial products, resulting in the reduction of financial income of the financial products and even the loss of principal. Therefore, the actual income of short-term investment is unpredictable.
The issuer of financial products has suggested that the product has credit risk, market risk, interest rate risk, liquidity risk, legal and policy risk, deferred payment risk, information transmission risk, force majeure and accidents, manager risk, failure of financial plan, operational risk, etc.
(II) risk control measures
1. Strictly select investment objects and select products issued by commercial banks with good reputation, large scale, ability to ensure capital safety, good operating efficiency and strong capital operation ability.
2. The asset management department of the company will timely analyze and track the investment direction of financial products and project progress, apply for changes in relevant market information and risk assessment, operate after performing corresponding approval procedures, and
Accounting, registration and filing of relevant businesses.
The board of directors of the company authorizes the management of the company to sign relevant contract documents within the above investment limit, and the asset management department of the company is responsible for organizing the implementation. The relevant personnel of the asset management department of the company will analyze and track the changes in the net value of the products in real time. If the evaluation finds that there are risk factors that may affect the safety of the company's funds, they will take corresponding measures in time to control the investment risk.
3. The company's internal audit department will inspect the use of funds and report to the audit committee of the board of directors if necessary.
4. The company's independent directors and the board of supervisors will supervise and inspect the use of financial funds.
5. The company will continue to pay attention to the situation of financial products and timely fulfill the obligation of information disclosure in strict accordance with the stock listing rules of Shenzhen Stock Exchange (revised in 2022) and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board.
3、 Impact of investment on the company
(I) the company and its subsidiaries use temporarily idle self owned funds to purchase bank financial products on the premise of ensuring the company's daily operation capital demand and capital safety, which will not affect the normal development of the company's business and the company's daily operation.
(II) on the premise of ensuring the safety of funds, the company and its subsidiaries use idle self owned funds to purchase financial products, which can improve the efficiency of fund use, further optimize the asset structure, improve the overall income of the company, and seek more return on investment for shareholders, which is in line with the interests of the company and all shareholders.
4、 Purchase of financial products with self owned funds in the past 12 months
As of the date of this announcement, the company has used its own funds to purchase financial products in the past 12 months as follows:
Is it related to the actual profit and loss actually recovered by entrusted wealth management
Trustee name product type amount initial date termination date amount amount relationship sheet transaction
(10000 yuan) (10000 yuan) (10000 yuan)
Bank Of China Limited(601988) shares are not related and not guaranteed
No real income 5000 2021 / 5 / 7 2021 / 12 / 22 5000 87.04 joint party of Co., Ltd
Industrial Bank Co.Ltd(601166) shares are not related or guaranteed
No 20000 2021 / 5 / 8 2021 / 12 / 22 20000 358 Co., Ltd. Lianfang movable income type
China Industrial And Commercial Bank Of China Limited(601398) non customs non breakeven floating
Non real income 7500 2021 / 5 / 10 2021 / 12 / 22 7500 115.96 joint venture
China Industrial And Commercial Bank Of China Limited(601398) non customs non breakeven floating
