Securities code: 603607 securities abbreviation: Zhejiang Jinghua Laser Technology Co.Ltd(603607) Announcement No.: 2022-003 Zhejiang Jinghua Laser Technology Co.Ltd(603607)
Announcement on using idle self owned funds to purchase financial products
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:
● types of investment products: financial products or deposit products sold by financial institutions with legal business qualification with high security, good liquidity and low risk.
● source of funds: idle self owned funds
● authorized amount: no more than 300 million yuan (including 300 million yuan), which can be used in rolling within the above capital limit.
● authorization period: the authorization period for the above matters shall be valid within 12 months from the date of deliberation and approval at the 16th meeting of the second board of directors of the company.
● review procedures to be performed: reviewed and approved by the 16th meeting of the second board of directors of the company.
1、 Overview of purchasing financial products
1. Purpose of purchasing financial products
Based on the principle of maximizing the interests of shareholders, according to the company's own funds, the company uses idle own funds to purchase financial products on the premise of not affecting normal operation and controllable risk, which can improve the company's fund use efficiency and increase the company's investment income.
2. Amount of financial products purchased
The company uses idle self owned funds of no more than 300 million yuan (including 300 million yuan) to purchase financial products, and the above funds can be used in a rolling manner.
3. Types of investment products
Entrust to purchase financial products or deposit products sold by financial institutions with legal business qualification with high security, good liquidity and low risk.
4. Purchase term
The investment period of a single financial product shall not exceed 12 months (including 12 months) within 12 months from the date of deliberation and adoption at the 16th meeting of the second board of directors of the company. If it exceeds 12 months, it shall be submitted to the board of directors of the company for deliberation before the expiration of the validity period.
5. Source of funds for purchasing financial products
The company uses idle self owned funds as the source of funds for purchasing financial products.
6. Implementation of purchasing financial products
Within the limit, the board of directors of the company authorizes the chairman of the company to handle matters related to the purchase of financial products with idle own funds.
2、 Impact of purchasing financial products on the company
The company adheres to standardized operation, prevents risks and ensures that the purchase of financial products with idle self owned funds will not affect the normal development of the company's main business. At the same time, it can improve the company's fund use efficiency, obtain certain investment income and seek more investment returns for the company's shareholders.
3、 Risk control of purchasing financial products
1. Strictly select investment objects and select products issued by units with good reputation, large scale, ability to ensure capital safety, good operating efficiency and strong capital operation ability.
2. The company will analyze and track the net value change of the product in real time. If the assessment finds that there are risk factors that may affect the company's capital safety, the company will take corresponding measures in time to control the investment risk.
3. 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.
4. Timely fulfill the obligation of information disclosure. The company will timely perform the obligation of information disclosure in accordance with the Listing Rules of Shanghai Stock Exchange and other relevant provisions.
4、 Description of special opinions
1. Opinions of independent directors
On the premise of ensuring capital security, the company plans to use idle self owned funds of no more than 300 million yuan (including 300 million yuan) to buy financial products or deposit products sold by financial institutions with legal business qualifications with high security, good liquidity and low risk. It is conducive to improving the use efficiency of funds and increasing the investment income of the company, which is in line with the interests of the company and all shareholders. The company's use of idle self owned funds to purchase financial products does not harm the interests of the company and all shareholders, especially minority shareholders. The company has performed necessary decision-making procedures for purchasing financial products with idle self owned funds, and the corresponding decision-making contents and procedures comply with relevant provisions of laws, administrative regulations, normative documents and the articles of association. To sum up, all independent directors unanimously agreed that the company would use up to 300 million yuan (including 300 million yuan) of idle self owned funds to purchase financial products.
2. Opinions of the board of supervisors
On the premise of ensuring capital liquidity and capital safety, using some idle self owned funds to purchase risk controllable financial products is conducive to improving the use efficiency of the company's self owned funds, and the company will also obtain certain investment income; The review and decision-making procedures related to the company's use of idle self owned funds to purchase financial products are carried out in accordance with the relevant specified processes. The decision-making is legal and compliant, and there is no damage to the interests of the company and all shareholders. It is agreed that the company will use idle self owned funds of no more than 300 million yuan (including 300 million yuan) to purchase financial products.
It is hereby announced.
Zhejiang Jinghua Laser Technology Co.Ltd(603607) board of directors
January 24, 2002
