Zhejiang Yonghe Refrigerant (SH:605020) Zheng Quan Zhi Xing·2025-06-20 12:30Core Viewpoint - The document outlines the securities investment management system of Zhejiang Yonghe Refrigeration Co., Ltd., aiming to regulate investment behavior, mitigate risks, and enhance operational efficiency while protecting investor rights and company interests [1][2]. Group 1: General Principles - The securities investment is defined as the company's activities in domestic and foreign markets to maximize returns while controlling risks [1]. - The investment principles include compliance with laws, prudent and effective investment practices, and ensuring that the investment scale aligns with the company's asset structure [2]. - The funding for securities investments must come from the company's own funds, prohibiting the use of raised funds [2]. Group 2: Approval Procedures and Decision Authority - The company must adhere to strict approval procedures for securities investments, with decision-making authority based on the investment amount relative to the company's audited net assets [3]. - The board of directors and shareholders can authorize the chairman to make specific investment decisions within the approved limits [3][4]. - The company can estimate future investment ranges and amounts for up to 12 months to streamline the approval process [4]. Group 3: Professional Management and Internal Processes - A securities investment working group or designated personnel is responsible for managing and operating securities investments, including feasibility analysis and risk assessment [5]. - The finance department must establish accounting methods and maintain complete financial records related to securities investments [5]. - The legal department is tasked with ensuring compliance with information disclosure requirements related to securities investments [6]. Group 4: Risk Control and Supervision - The company must implement strict control systems to separate investment operations from other business activities, ensuring independent oversight [6]. - The audit center is responsible for auditing the use of funds and the execution of investment activities, reporting findings to the audit committee [6]. - Independent directors and the audit committee have the authority to supervise and propose external audits if irregularities are found [6]. Group 5: Information Disclosure - The company must comply with regulations regarding information management and disclosure related to securities investments [7]. - The legal department is responsible for external communication of investment activities, ensuring confidentiality before public disclosure [7]. - The board of directors must monitor the progress and safety of investments, taking immediate action in case of significant losses [7]. Group 6: Miscellaneous Provisions - The document stipulates that any matters not covered will follow relevant laws and regulations, with the company's articles of association taking precedence in case of discrepancies [8]. - The terms "above" and "within" include the stated numbers, while "exceed" does not [8]. - The system becomes effective upon approval by the board of directors [8].