3D Engineering: Progress Announcement on Investment and Financial Management Using Proprietary Funds

Shandong Sanwei Petrochemical Engineering Co., Ltd. (hereinafter referred to as the "Company") convened the second meeting of the 4th Board of Directors in 2018 on March 15, 2018, and the 2017 Annual General Meeting of Shareholders on April 9, 2018, during which the "Proposal on Utilizing Proprietary Funds for Investment and Financial Management" was reviewed and approved.

Release date:

2019-01-08

　　Stock Code: 002469 Stock Abbreviation: Sanwei Engineering Announcement No.: 2019-001

　　Shandong Sanwei Petrochemical Engineering Co., Ltd.

　　Announcement on the Progress of Investment and Financial Management Using Proprietary Funds

　　Shandong Sanwei Petrochemical Engineering Co., Ltd. (hereinafter referred to as the "Company") convened the 2nd Meeting of the 4th Board of Directors for 2018 on March 15, 2018, and approved the "Proposal on Utilizing Proprietary Funds for Investment and Wealth Management" at the 2017 Annual Shareholders' Meeting held on April 9, 2018. The proposal was endorsed by both the board meeting and the shareholders' assembly. The company will utilize its own idle funds—up to RMB 400 million—for investment and wealth management purposes. The investment period will be one year, starting from the date approved by the company’s shareholders’ meeting. Each individual investment will not exceed 12 months in duration. This RMB 400-million wealth management quota can be rolled over and used jointly by the company, as well as its wholly-owned and controlling subsidiaries. For detailed information, please refer to the "Announcement on Utilizing Proprietary Funds for Investment and Wealth Management," published by the company on March 16, 2018, in the *China Securities Journal*, *Securities Times*, and on the Cninfo website (http://www.cninfo.com.cn). The announcement number is 2018-010.

　　Recently, the company and its controlled subsidiary, Qingdao Lianxin Catalytic Materials Co., Ltd., have invested their approved, idle internal funds into wealth management products. Details are announced as follows:

　　I. Key Details of Investment and Wealth Management Products

　　Here are the company's recent key details regarding the purchase of wealth management products:

Serial Number Signing Party Product Name Source of Funding Amount of Wealth Management Entrusted (in 10,000 RMB) Product Type Expected Annualized Rate of Return Investment horizon Investment Profit/Loss Amount (in 10,000 RMB) Whether to recover on schedule Is there a correlation?
Interest Start Date Termination Date
Our company and all members of the Board of Directors hereby assure that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or material omissions.
1 Guangzhou Securities Co., Ltd. Guangzhou Securities Hongmian Assured Return – Half-Year Ying Collection Asset Management Plan, Half-Year Ying X934 Phase Self-owned funds 20000 Non-principal-protected, Floating-Return Type 4.60% January 4, 2019 April 2, 2019 Not yet due Not Yet Due No
2 Shanghai Haitong Securities Asset Management Co., Ltd. Haitong Investment, Rongbao No. 1, Senior Tranche, 3-Month Term, No. 113 Self-owned funds 10000 Non-principal-protected, Floating-Return Type 4.60% January 7, 2019 April 2, 2019 Not yet due Not Yet Due No
3 Galaxy Jin Hui Securities Asset Management Co., Ltd. Galaxy Prosperity Fund No. 11 (Issue 104) Self-owned funds 6000 Non-principal-protected, Floating-Return Type 4.60% 2019 /1/9 April 2, 2019 Not yet due Not Yet Due No
4 China Communications Bank Qingdao Jiaozhou Branch China Communications Bank Yuntong Wealth Structured Deposit – 3 Months Self-owned funds 3000 Principal-Protected Type 4.15% January 4, 2019 April 8, 2019 Not yet due Not Yet Due No
5 China Communications Bank Qingdao Jiaozhou Branch China Communications Bank Yuntong Wealth Liquidity Structured Deposit S Product Self-owned funds 1000 Principal-Protected Type Floating Yield (1.90% – 3.05%) January 2, 2019 Demand account Not Redeemed Not Redeemed No
6 China Communications Bank Qingdao Jiaozhou Branch China Communications Bank Yuntong Wealth Structured Deposit – 2 Months Self-owned funds 1000 Principal-Protected Type 3.55% 2018 /10/1 2 2018 /12/1 4 6.13 Is No
7 Ping An Bank Ping An Bank Corporate Structured Deposits (100%) Self-owned funds 1000 Principal-Protected Type 3.20% 2018 /11/9 2018 /12/1 0 2.72 Is No
Principal-Protected, Interest-Rate Linked Open-Ended 31-Day RMB Product
8 China Communications Bank Qingdao Jiaozhou Branch China Communications Bank Yuntong Wealth Structured Deposit – 1 Month Self-owned funds 1000 Principal-Protected Type 3.6% 2018 /11/1 2 2018 /12/1 7 3.45 Is No
9 Haitong Securities Co., Ltd. Haitong Securities' "Yi Hai Tong Cai. Li Cai Bao" Series Income Certificates, Standard Version, 21-Day Term, No. 1023 Self-owned funds 1000 Principal-Protected Type 3.1% 2018 /12/4 2018 /12/2 4 1.78 Is No

 

II. Investment Risks and Control Measures (1) Investment Risks The aforementioned wealth management products are subject to various risks, including market risk, management risk, liquidity risk, credit risk, operational risk, risks associated with electronic signatures for online transactions, and other potential risks as disclosed by the trustee. Although these products are classified as relatively safe investment options, they still carry the risk of losing part or all of the invested principal—or achieving returns lower than expected—due to the aforementioned risk factors. (2) Control Measures The Company’s Finance Department will closely monitor the company’s cash position and propose specific implementation plans at appropriate times. These plans will be rigorously reviewed and approved in accordance with relevant laws, regulations, normative documents, and the company’s internal rules and procedures. Additionally, the department will maintain detailed records to manage the investment wealth products on a daily basis and regularly report to the Board of Directors regarding the use of funds and investment performance. At the same time, the company will closely track the progress of each investment, stay vigilant about macroeconomic trends and market dynamics, and promptly address any emerging risks that could jeopardize the safety of company funds. By taking proactive measures, we aim to effectively control investment risks and ensure the secure deployment of our capital.

 

3. Impact on the Company 1. The company and its subsidiaries are investing their own idle funds in wealth management products, provided that the safety of daily operational capital is fully maintained. This initiative will not disrupt the company’s normal cash flow requirements or interfere with the smooth operation of its core business activities. 2. Moreover, the yield rates of these financial products exceed those of both current account deposits and comparable fixed-term deposits. By investing in these wealth management products, the company can enhance the efficiency of its idle funds, generating additional investment income and ultimately delivering greater returns for the company and its shareholders.

 

IV. Investment and Financial Management Activities of the Company in the Twelve Months Prior to the Date of This Announcement

Serial Number Signing Party Product Name Funding Sources Amount of Wealth Management Entrusted (in 10,000 RMB) Product Type Expected Annualized Rate of Return Investment horizon Investment Profit and Loss Amount (in 10,000 yuan) Whether it will be recovered on schedule Is there a correlation?
Interest Start Date Termination Date
1 Qilu Securities (Shanghai) Asset Management Co., Ltd. Qilu Jinquan No. 2 Collective Asset Management Plan, Share No. 278 Self-funded 7000 Non-Principal-Protected, Floating-Yield Type 4.70% 2017/10/17 February 28, 2018 121.68 Is No
2 Guangzhou Securities Co., Ltd. Guangzhou Securities Hongmian Anxin Return – Half-Year Profit-Making Joint Venture Asset Management Plan, Half-Year Performance X345 Phase Self-funded 5000 Non-Principal-Protected, Floating-Yield Type 5.30% 2017/10/18 February 28, 2018 96.61 Is No
3 China Communications Bank Qingdao Jiaozhou Branch "Yuntong Wealth. Interest-Bearing 365" Series RMB Wealth Management Products Self-funded 300 Non-Principal-Protected, Floating-Yield Type 3.40% January 3, 2018 2018/2/5 19.38 Is No
200 3.40% January 3, 2018 2018/3/12
1200 3.40% January 3, 2018 2018/3/20
300 3.40% January 3, 2018 2018/5/10
300 3.40% January 3, 2018 2018/6/5
4 Haitong Securities Co., Ltd. Haitong Securities "One Haitong Wealth Management Treasure" Series Income Certificates, Premium Edition, 55-Day Term, No. 1 Self-funded 15000 Principal-Protected Type 4.90% January 5, 2018 February 28, 2018 110.75 Is No
5 Guangzhou Securities Co., Ltd. Guangzhou Securities Hongmian Anxin Return – Half-Year Profit-Making Joint Venture Asset Management Plan, Phase X582 Self-funded 20000 Non-Principal-Protected, Floating-Yield Type 5.50% March 21, 2018 2018/9/25 566.58 Is No
6 Haitong Securities Co., Ltd. Haitong Securities' "One Haitong Wealth - LiCaiBao" Series Income Certificates, Standard Version, 273-Day Issue No. 800 Self-funded 1000 Principal-Protected Type 5.30% 2018/3/22 2018/1 2/20 39.68 Is No
7 Industrial and Commercial Bank of China, Zibo Linzi Branch ICBC Wealth Management. Win-Win No. 3 (Shandong) Corporate Wealth Product, Phase 6 of 2018 (164 Days) Self-funded 15000 Non-Principal-Protected, Floating-Yield Type 5.20% April 3, 2018 2018/9/13 350.47 Is No
8 Ping An Bank Co., Ltd. Zibo Branch Ping An Bank Corporate Structured Deposit (Interest-Rate Linked) Product Self-funded 1000 Principal-Protected Type 4.54% 2018/5/9 2018/1 1/8 22.76 Is No
9 China-Thailand Securities Co., Ltd. Income Certificate "Anxinbao," 6-Month Term, Issue No. 4 Self-owned assets 1000 Principal Guarantee 4.80% 2018/5/10 2018/1 1/5 23.67 Is No
Limited Company Gold Disability Type
10 Industrial and Commercial Bank of China, Zibo Linzi Branch ICBC Wealth Management. Win-Win No. 3 (Shandong) Corporate Wealth Product, 2018 Issue 23 (100 Days) Self-funded 10000 Non-Principal-Protected, Floating-Yield Type 4.60% September 18, 2018 2018/1 2/26 126.03 Is No
11 Building a bank China Construction Bank’s “Qianyuan - Manyi” 90-Day Open-Ended Asset Allocation RMB Wealth Management Product (Institutional Version) Self-funded 5000 Non-Principal-Protected, Floating-Yield Type 4.45% September 18, 2018 2018/1 2/26 59.55 Is No
12 Guangzhou Securities Co., Ltd. Guangzhou Securities Hongmian Anxin Return – Half-Year Profit-Making Joint Venture Asset Management Plan, Phase X811 Self-funded 20000 Non-Principal-Protected, Floating-Yield Type 5.00% 2018/9/28 2018/1 2/25 243.84 Is No
13 China Communications Bank Qingdao Jiaozhou Branch Bank of Communications Yuntong Wealth Structured Deposit – 2 Months Self-funded 1000 Principal-Protected Type 3.75% 2018/9/27 2018/1 2/03 6.88 Is No
14 China Communications Bank Qingdao Jiaozhou Branch Bank of Communications Yuntong Wealth Structured Deposit – 2 Months Self-funded 1000 Principal-Protected Type 3.55% 2018/10/12 2018/1 2/14 6.13 Is No
15 Ping An Bank Co., Ltd. Zibo Ping An Bank Launches Corporate Structured Deposits (100% Principal-Protected, Rate-Linked) Self-funded 1000 Principal-Protected Type 3.20% 2018/11/9 2018/1 2/10 2.72 Is No
Branch office Flexible 31-Day RMB Product
16 China Communications Bank Qingdao Jiaozhou Branch Bank of Communications Yuntong Wealth Structured Deposit – 1 Month Self-funded 1000 Principal-Protected Type 3.6% 2018/11/12 2018/1 2/17 3.45 Is No
17 Haitong Securities Co., Ltd. Haitong Securities' "One Haitong Wealth - Wealth Management Treasure" Series, Standard Version, 21-Day Term, No. 1023 Self-funded 1000 Principal-Protected Type 3.1% 2018/12/4 2018/1 2/24 1.78 Is No
18 Guangzhou Securities Co., Ltd. Guangzhou Securities Red Cotton Peace of Mind Return – Semi-Annual Profit-Making Joint Venture Asset Management Plan, Semi-Annual Profit X934 Phase Self-funded 20000 Non-Principal-Protected, Floating-Yield Type 4.60% January 4, 2019 2019/4/2 Not yet due Not yet due No
19 Shanghai Haitong Securities Asset Management Co., Ltd. Haitong Investment & Financing Treasure No. 1 Senior 3-Month Product, Issue No. 113 Self-funded 10000 Non-Principal-Protected, Floating-Yield Type 4.60% 2019/1/7 2019/4/2 Not yet due Not yet due No
20 Galaxy Jin Hui Securities Asset Management Co., Ltd. Galaxy Shenghui No. 11 (Issue 104) Self-funded 6000 Non-Principal-Protected, Floating-Yield Type 4.60% 2019/1/9 2019/4/2 Not yet due Not yet due No
21 China Communications Bank, Qingdao, Jiaozhou Bank of Communications Yuntong Wealth Structured Deposit – 3 Months Self-funded 3000 Principal Protection 4.15% January 4, 2019 2019/4/8 Not yet due Not yet due No
Branch/Branch Type
22 China Communications Bank Qingdao Jiaozhou Branch Bank of Communications Yuntong Wealth Current-Deposit Structured Product S Account Self-funded 1000 Principal-Protected Type Floating Returns (1.90% — 3.05%) January 2, 2019 Demand account Unredeemed Not Redeemed No

Note: The "Yuntong Wealth. Interest-Bearing 365" series of RMB wealth management products listed above are structured as "one-time purchase, phased redemption." As of the date of this announcement, the company and its subsidiaries hold outstanding wealth management products totaling RMB 400 million (including those already purchased but not yet earning interest). V. Supporting Documents 1. Resolution of the 2nd Meeting of the 4th Board of Directors in 2018; 2. Resolution of the 2017 Annual General Shareholders' Meeting; 3. Agreements or certificates related to the purchase of wealth management products. Announcement hereby made. Board of Directors, Shandong Sanwei Petrochemical Engineering Co., Ltd. January 7, 2019

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