PDF《海信家电集团股份有限公司》

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

3 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, 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 (1) Subscription date:

1 November

2018 (2) Name of product: Wealth Bus Go No.

4 (财富班车进取

4 号). (3) Parties: (i) The SPD Bank as issuer;

and (ii) Hisense (Beijing) Electric as subscriber. To the best knowledge, information and belief of the Directors, the SPD Bank and its ultimate beneficial owners are not connected persons of the Company and are third parties independent of the Company and its connected persons. (4) Type of product: Non-principal-guaranteed with floating return. (5) Risk rating of product: Relatively low. (6) Principal amount of subscription: RMB80,000,000 (equivalent to approximately HK$90,063,720Note

2 ). (7) Currency of subscription: Renminbi. (8) Term of investment:

180 days. (9) Expected return rate per annum: 4.50%. (10) Investment scope of the The

2018 SPD Bank Second Wealth Management Product

4 product: invests in cash, treasury bonds, local treasury bonds, central bank bills, policy financial bonds, credit bonds such as short-term financing bonds, medium-term notes, subordinated debt, enterprise bonds, corporate bonds, private placement of debt financing instruments, ABS, ABN and ABS subordinated bonds which are rated AA or above (rated A- (inclusive) or above in respect of credit bonds for which the SPD Bank is the lead underwriter), non-standardized debt assets which fulfill regulatory requirements such as repurchases, interbank lending, income receipts of securities dealers, preference shares, interbank deposits, currencies funds and credit assets, placement scheme and trust scheme of securities dealers/funds/insurance companies, etc. (11) Payment of return on principal upon maturity: The principal and return will be deposited to Hisense (Beijing) Electric'