Securities code: 603138 securities abbreviation: Beijing Vastdata Technology Co.Ltd(603138) Announcement No.: 2022-009 Beijing Vastdata Technology Co.Ltd(603138)
Announcement on the progress of cash management with self owned 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:
Financial products (tgg2290233)
Entrusted financial management trustee: Ping An Bank Co.Ltd(000001) Beijing Huayuan road sub branch (hereinafter referred to as “Ping An Bank Beijing Huayuan sub branch”)
Amount of entrusted financial management: 20 million yuan
Name of entrusted financial management product: Ping An Bank Co.Ltd(000001) corporate structured deposit (100% Principal Guaranteed linked LPR) product entrusted financial management period: January 20, 2022 – March 22, 2022
Review procedures performed: the eighth meeting of the third board of directors and the 2020 annual general meeting of shareholders
1、 Overview of entrusted financial management
(I) purpose of entrusted financial management
In order to improve the use efficiency of Beijing Vastdata Technology Co.Ltd(603138) (hereinafter referred to as “the company”) idle self owned funds and increase the rate of return on working capital deposits, on the premise of not affecting the normal development of main business and ensuring the demand for working capital and capital safety, it is beneficial to improve the capital return of the company by making rational use of idle self owned funds for cash management, It is conducive to bringing more return on investment to the company and shareholders.
(II) source of funds
The entrusted financial management fund source is the company’s temporarily idle own funds.
(III) basic information of entrusted financial products
Estimated annual estimated income of the trustee’s product amount does the product income constitute a name type product name (Wanhua income amount (10000 term type into related yuan) rate yuan) transaction
Effect of Ping An Bank structure Ping An Bank Co.Ltd(000001) on corporate guaranteed principal
Bank of Beijing structured deposit 2000 1.65% – 5.52 – 61 floating no garden road payment (100% breakeven linked to 4.90% 16.38 day income)
Sub branch (LPR) products
(IV) the company’s internal control over risks related to entrusted financial management
1. On the premise of ensuring liquidity and capital security, the company uses idle self owned funds to purchase security
Short term financial products sold by financial institutions with high liquidity, low risk and legal business qualification,
The overall risk is controllable.
2. The financial department of the company will timely analyze and track the investment direction of cash investment products and project progress, such as
If adverse factors are found or judged, corresponding measures will be taken in time to control investment risks and ensure capital safety.
3. The company’s independent directors and the board of supervisors have the right to supervise and inspect the cash management, and may, if necessary
To hire professional institutions for audit.
4. The company will timely perform the obligation of information disclosure in accordance with relevant laws and regulations and the provisions of the articles of association
Business.
2、 Details of this entrusted financial management
(I) main terms of entrusted financial management contract
Product name Ping An Bank Co.Ltd(000001) corporate structured deposit (100% Principal Guaranteed linked LPR) product
Product Code: tgg22900233
Product risk rating R2 (medium and low) risk (this risk rating is the result of Ping An Bank Co.Ltd(000001) internal rating, which is for reference only)
Product life: 61 days
Product type structured deposit
The planned circulation is 1-2 billion yuan, Ping An Bank Co.Ltd(000001) has the right to adjust according to the actual situation
The unit amount of RMB 1 is 1 copy
The starting amount of subscription is 1 million yuan, and the part beyond the starting point shall be an integral multiple of 1 million yuan
On January 20, 2022, if the product subscription period is terminated or extended in advance, the actual establishment date shall be Ping An Bank Co.Ltd(000001) product establishment date
The actual announcement shall prevail.
On March 22, 2022, in case of major adjustment of national financial policies, major changes in the market and other circumstances not caused by Ping An Bank Co.Ltd(000001) reasons, which affect the normal operation of this product, or based on the maturity date of interest products of investors
Yi, Ping An Bank Co.Ltd(000001) has the right to exercise the right of early termination and the right of deferred termination. If it is really necessary to exercise, Ping An Bank Co.Ltd(000001) will be announced separately.
The principal and income funds shall be received within 2 working days (T + 2) after the product maturity date, early termination date and extended termination date
(if any) transfer to the account designated by the investor shall be postponed on holidays.
Fund custodian Ping An Bank Co.Ltd(000001) (hereinafter referred to as ” Ping An Bank Co.Ltd(000001) ” in this announcement)
If the product is established and the investor holds the structured deposit until its maturity, then Ping An Bank Co.Ltd(000001) will provide the principal and expected deposit to the investor for full guarantee of the principal, and cash in according to the price list of the linked object according to the provisions of the relevant instructions of the product, Floating income of RMB structural deposit paid to investors: Max (1.65%, 4.90% – 0.5000 * lpr1y) (the above rates of return are annualized rates of return).
Lpr1y is the target of the national interbank lending center authorized by the people’s Bank of China on February 21, 2022
The market quoted interest rate (LPR) of 1-year loan announced at 9:30 a.m. on the th.
During the deposit period, investors have no right to terminate the structured deposit in advance or postponed.
Ping An Bank Co.Ltd(000001) reserves the right to terminate the product in advance on any day within the structured deposit period according to the market conditions based on the interests of investors, in case of major adjustment of national financial policies, major changes in the market and other circumstances not caused by Ping An Bank Co.Ltd(000001) early and delayed termination, which affect the normal operation of the product, And the right to postpone the termination of the product on the expiration date of the product. Ping An Bank Co.Ltd(000001) issue an information announcement on the early termination date or 3 working days before the product expiration date.
Product cost Ping An Bank Co.Ltd(000001) sales service charge is 0.00% / year.
Ping An Bank Co.Ltd(000001) has the right to adjust the product subscription period, subscription transfer date, product establishment date, product expiration date and other dates according to holidays, and the actual announcement shall prevail. During the product renewal period, the subscription liquidation period is from the subscription transfer date to the product establishment date, and the principal repayment liquidation period is from the product maturity date to the fund arrival date. Other provisions shall be terminated in advance
The liquidation period from the date of termination to the date of receipt of funds is early termination (if Ping An Bank Co.Ltd(000001) early termination of structured deposits), and the liquidation period from the date of deferred termination to the date of receipt of funds is deferred termination (if Ping An Bank Co.Ltd(000001) deferred termination of structured deposits). No income shall be calculated and paid during the above liquidation period.
(II) investment direction of entrusted financial management funds
The principal part is used as Ping An Bank Co.Ltd(000001) on balance sheet deposit, and Ping An Bank Co.Ltd(000001) provides 100% principal security; Derivatives Department
Sub investment in interest rate derivatives market.
(III) risk control analysis
During the duration of the purchased financial products, the Finance Department of the company will keep close contact with the entrusted financial trustee
Contact, timely analyze and track the progress of financial products, and strengthen risk control and supervision, such as assessment findings
If there are risk factors that may affect the safety of the company’s funds, corresponding measures will be taken in time to control investment risks
Guarantee the safety of funds;
The company’s independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and can hire employees when necessary
Professional institutions are invited to audit. Once adverse factors are found or judged, corresponding preservation measures will be taken in time to control investment risks.
3、 Information of entrusted financial management trustee
(I) Ping An Bank Co.Ltd(000001) basic information of Beijing Huayuan road sub branch
Ping An Bank Co.Ltd(000001) Beijing Huayuan road sub branch is a branch of Ping An Bank Co.Ltd(000001) , which is listed on the main board of Shenzhen stock exchange with the stock code of 00000 1. The company, the controlling shareholder of the company and its persons acting in concert, the actual controller of the company and Ping An Bank Co.Ltd(000001) do not have any relationship with property rights, business, assets, creditor’s rights and debts, personnel, etc. The audited financial indicators of Ping An Bank Co.Ltd(000001) in the latest year are as follows:
Unit: RMB million
Main financial indicators 2020
Total assets 4468514
Net assets 364131
Operating income 153542
Net profit 28928
4、 Impact on the company
The financial position of the company in the latest year and period is as follows:
Unit: RMB
Project December 31, 2020 (audited) September 30, 2021 (Unaudited)
Total assets 720069226.37 685691237.46
Total liabilities 210199381.63 166651845.55
Net assets 516143545.06 529114666.58
Project January December 2020 (audited) January September 2021 (Unaudited)
Net cash flow from operating activities: 85446289.20 -48112286.05
The financial products purchased by the company with its own idle funds amount to 20 million yuan, accounting for 6.23% of the monetary funds at the end of the third quarter of 2021.
The company does not have the situation of purchasing financial products with large liabilities. This entrusted financial management is to ensure that the company
Under normal operation, use idle self owned funds for appropriate cash management to improve the efficiency of fund use,
Get a certain income and get more returns. The entrusted financial management period is short, which is of great significance to the company’s main business in the future
Business, financial status, operating results and cash flow will not have a significant impact.
According to the accounting standards for Business Enterprises No. 22 – recognition and measurement of financial instruments, the company will purchase
The financial products are listed as “monetary funds or other current assets”, and the financial income is included in “financial expenses or investment”
Capital gains “. The details shall be subject to the annual audit results.
5、 Risk tips
This time, idle self owned funds are used for cash management, and financial products with high security and good liquidity are purchased,
It is a low-risk investment product, but the financial market is greatly affected by macroeconomic, fiscal and monetary policies
Exclude the risk that the investment may be affected by market fluctuations and cannot achieve the expected return.
6、 Implementation of decision-making procedures
The company held the eighth meeting of the third board of directors on April 15, 2021 and May 7, 2021 respectively
The 2020 annual general meeting of shareholders deliberated and approved the proposal on cash management with some idle self owned funds.
In order to improve the use efficiency of the company’s idle self owned funds and increase the rate of return on working capital, in order to ensure the company’s operating capital
On the premise of fund demand and fund safety, the company plans to use idle self financing with a limit of no more than RMB 40 million
Have funds
