The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and that there are no false records, misleading statements or major omissions.
Huangshan Yongxin Co., Ltd. (hereinafter referred to as the “Company”) 2021 Annual General Meeting reviewed and approved the “Proposal on Purchasing Short-Term Financial Products with Its Own Idle Funds”, agreeing to use the accumulated balance on the premise of not affecting the company’s normal business activities The self-owned idle funds of not more than 200 million yuan can purchase short-term wealth management products with high safety and good liquidity, and the operation can be rolled over within the limit. For details, please refer to “About Proposing to Purchase Short-term Financial Products with Own Idle Funds” on February 25, 2022 in Securities Times, Shanghai Securities News and http://www.cninfo.com.cn Announcement” (Announcement No.: 2022-011).
On April 11, 2022, the company subscribed China Galaxy Securities Co., Ltd. “Galaxy Jinding” Income Certificate No. 2969 – Snowball Products with its own idle funds of 30 million yuan. The relevant specific matters are hereby announced as follows:
1. Main information of financial products:
1. Name of wealth management product: “Galaxy Jinding” Income Certificate 2969 Issue – Snowball.
2. Issuer: China Galaxy Securities Co., Ltd.
3. Product type: Principal guaranteed floating income type.
4. Product deadline:
(1) If the product is terminated early, the product term refers to the number of natural days between the value date (inclusive) and the early termination date (inclusive);
(2) If the product is not terminated in advance, the product term refers to the number of natural days from the value date (inclusive) to the expiration date (inclusive).
(3) If the expiry date or the early termination date is postponed, the product period will be shortened or extended accordingly.
5. The subject of the link: AU99.99 gold contract (code: AU9999.SGE). The specific price is subject to the official website of the Shanghai Gold Exchange.
6. Value date: April 12, 2022.
7. Knock out observation day i (i=1,2…5): Knock out observation day 1: May 12th, 2022; Knock out observation day 2: June 13th, 2022; Knock out observation day 3 : July 11, 2022; knock-out observation day 4: August 10, 2022; knock-out observation day 5: September 09, 2022 (knock-out observation day is postponed on non-trading days).
8. Period-end observation date: October 10, 2022 (extended on non-trading days).
9. Knock out level: 100.00%.
10. Expiration date: the second trading day after the period-end observation date.
11. Principal and income payment date: the first trading day after the early termination date or expiration date, of which: (1) If the product is terminated early, the principal and income payment date is the first trading day after the early termination date; (2) If the product is not terminated in advance, the payment date of principal and income shall be the first trading day after the expiration date.
12. Beginning price: The value date is linked to the closing price of the underlying.
13. Income performance level: on any observation day (including the knock-out observation date and the period-end observation date) during the duration of the income certificate, the income performance level of the linked subject on that day = the closing price of the linked subject on the observation day ÷ the linked subject The initial price of the target × 100%.
14. Early termination event: On any knockout observation day i (i = 1, 2…5), if the performance level of the linked target’s return is greater than or equal to the knockout level, an early termination event will occur on that knockout observation day.
15. Early termination redemption amount: If an early termination event occurs when the current income certificate is knocked out for the i-th time (i = 1, 2…5), the early termination redemption amount that the investor should receive on the corresponding early termination date = investment The share of income certificates held by the holder × 100 × (1+4.50% × the number of natural days between the value date (inclusive) and the early termination date (inclusive) ÷ 365). Amounts are rounded to the second decimal place.
16. Amount of redemption at maturity: (1) If the performance level of the underlying income on the observation day at the end of the period is greater than or equal to the level of knock-out at maturity, then the amount of redemption at maturity = share of income certificates held by investors × 100 × (1+ 4.50% × Number of natural days between the value date (inclusive) and the maturity date (inclusive) ÷ 365); (2) If the performance level of the underlying income on the observation day at the end of the period is less than the knockout level at maturity, the payment will be terminated at maturity Amount = Shares of income certificates held by investors × 100 × (1+0.10% × Number of natural days between the value date (inclusive) and the maturity date (inclusive) ÷ 365). Amounts are rounded to the second decimal place.
17. Description of related relationship: The company has no related relationship with China Galaxy Securities Co., Ltd.
2. Risk control measures
1. The company’s entrusted wealth management products are all low-risk products, and the rights, obligations, risk control, and liability for breach of contract have been clearly stipulated in the relevant agreements. During the existence of the product, the company will maintain close contact with the trustee, and timely analyze and track the investment direction of wealth management products and the progress of the project. If the evaluation finds risk factors that may affect the company’s capital security, it will take corresponding measures in a timely manner to control investment risks;
2. The audit department of the company is responsible for auditing and supervising the investment in wealth management products. It should conduct a comprehensive inspection of all investment projects of wealth management products at the end of each quarter, and reasonably predict the possible gains and losses of various investments according to the principle of prudence. Audit committee report;
3. The company’s independent directors and the board of supervisors have the right to conduct regular or irregular inspections on the company’s investment in wealth management products. If any illegal operations are found, they may propose to convene a board of directors to consider suspending the investment.
3. Impact on the company
On the premise of ensuring that the normal operation, investment and construction and capital security are not affected, the company uses some of its own idle funds to purchase short-term wealth management products with high safety and liquidity, which is conducive to improving the efficiency of capital use and obtaining certain investment returns. , to obtain more return on investment for the company and shareholders.
4. Risk Warning
The wealth management products purchased by the company this time are principal-guaranteed wealth management products, but the financial market is greatly affected by macroeconomic, fiscal and monetary policies, and the products may be affected by policy risks, credit risks, market risks, liquidity risks, etc. Investors are advised to pay attention to investment risks.
5. Documents available for inspection
1. China Galaxy Securities Co., Ltd. Income Certificate Subscription Agreement;
2. China Galaxy Securities Co., Ltd. “Galaxy Jinding” income certificate product brochure.
Special announcement.
Huangshan Yongxin Co., Ltd.
Board of Directors
April 12, 2022Return to Sohu, see more
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