PDF《海信家电集团股份有限公司》

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HISENSE HOME APPLIANCES GROUP CO., LTD. 海信家电集团股份有限公司 (Formerly known as 海信科龙电器股份有限公司 Hisense Kelon Electrical Holdings Company Limited ) (A joint stock limited company incorporated in the People'

s Republic of China with limited liability) (Stock Code: 00921) DISCLOSEABLE TRANSACTIONS SUBSCRIPTION OF WEALTH MANAGEMENT PRODUCTS At the ninth extraordinary meeting for the year

2017 held by the ninth session of the Directors on

28 November

2017 and the

2018 first extraordinary general meeting held on

18 January 2018, a resolution on entrusted wealth management of idle self-owned funds of the Company was considered and approved. Subject to the investment risk control by the Company and the principles of improving efficiency of the use of capital and increasing return on cash assets, the entrustment of idle self-owned funds of not more than RMB6,000,000,000 to financial institutions such as commercial banks, trustee companies, securities companies and fund houses to conduct short-term and low-risk investment for wealth management was approved. The progress is now announced as follows: Reference is made to the announcements of the Company dated

24 August 2017,

23 October 2017,

31 October 2017,

7 November

2017 and

7 May

2018 in respect of The

2017 SPD Bank Fourth Wealth Management Agreement, The

2017 SPD Bank Fifth Wealth Management Agreement, The

2017 SPD Bank Sixth Wealth Management Agreement, The

2017 SPD Bank Seventh Wealth Management Agreement and The

2018 SPD Bank First Wealth Management Agreement, pursuant to which the subsidiaries of the Company, Hisense (Beijing) Electric and Air-conditioner Marketing Company (as subscribers), subscribed for wealth management products in the aggregate subscription amount of RMB440,000,000 (equivalent to approximately HK$520,434,012Note

1 ) from the SPD Bank (as issuer). The Board is pleased to announce that apart from The

2017 SPD Bank Fourth Wealth Management Agreement, The

2017 SPD Bank Fifth Wealth Management Agreement, The

2017 2 SPD Bank Sixth Wealth Management Agreement, The

2017 SPD Bank Seventh Wealth Management Agreement and The

2018 SPD Bank First Wealth Management Agreement, on

1 November 2018, Hisense (Beijing) Electric,a non-wholly owned subsidiary of the Company, entered into The

2018 SPD Bank Second Wealth Management Agreement to subscribe for The

2018 SPD Bank Second Wealth Management Product in the subscription amount of RMB80,000,000 (equivalent to approximately HK$90,063,720Note

2 ). The Group utilised its idle funds for the payment of the subscription amount under each of the Wealth Management Agreements. The

2018 SPD Bank Second Wealth Management Agreement by itself does not constitute discloseable transaction of the Company under Rule 14.06 of the Listing Rules. However, pursuant to Rule 14.22 of the Listing Rules, the relevant subscription amounts under the Wealth Management Agreements will be aggregated. The relevant applicable percentage ratios (defined under the Listing Rules) of the transactions under the Wealth Management Agreements, on an aggregate basis, exceed 5% but are lower than 25%. Therefore, the transactions under the Wealth Management Agreements, on an aggregate basis, constitute discloseable transactions of the Company and are subject to the reporting and announcement requirements under the Listing Rules. At the ninth extraordinary meeting for the year