Securities code: 300552 securities abbreviation: Vanjee Technology Co.Ltd(300552) Announcement No.: 2022-019 Vanjee Technology Co.Ltd(300552)
Announcement on using some idle raised funds for cash management
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
In order to improve the use efficiency of funds, Vanjee Technology Co.Ltd(300552) (hereinafter referred to as "the company", "the company" or " Vanjee Technology Co.Ltd(300552) ") deliberated and adopted the proposal on using some idle raised funds for cash management at the 18th meeting of the Fourth Board of directors and the 15th meeting of the Fourth Board of supervisors held on January 27, 2022, It is agreed that the company will use idle raised funds of no more than RMB 100 million (including RMB 100 million) for cash management on a rolling basis without affecting the normal progress of investment projects with raised funds and the safety of raised funds, and invest in financial products with high safety, good liquidity, low risk and relatively good investment return, so as to improve the efficiency of fund use Rational use of idle raised funds. This matter does not need to be submitted to the general meeting of shareholders for deliberation. The service life is from the date of deliberation and approval by the board of directors to January 31, 2023. Within the above limit, the funds can be used in a rolling manner. The details are as follows:
1、 Basic information of raised funds
The company has issued 15232292 ordinary shares in RMB to 11 specific objects with the issuing price of 26.26 yuan / share and the total raised funds of 399999987.92 yuan, After deducting the issuance expenses of RMB 8528301.72 (excluding tax), the net amount of raised funds is RMB 391471686.20.
The availability of the above funds has been verified by ShineWing Certified Public Accountants (special general partnership) and issued the capital verification report (xyzh / 2021bjaa110957). The company has deposited all the raised funds into the special account for management of raised funds, and signed the tripartite supervision agreement for raised funds with the sponsor and the commercial bank storing the raised funds.
The 14th meeting deliberated and approved the proposal on adjusting the investment amount of investment projects raised by issuing shares to specific objects and changing some investment projects of raised funds. The use plan of raised funds after adjustment and change is as follows:
Unit: 10000 yuan
No. before the adjustment of the investment project with raised funds, the project is to be adjusted before the adjustment. After the adjustment of the project, the total investment is to be used as raised funds, and the total investment is to be used as raised funds
Low cost automatic driving vehicle
1 miniaturized lidar and intelligent 52416 49101 25984.76 22669.21 R & D and industrialization of networking equipment
Construction Project
2 construction project of intelligent transportation intelligent perception R & D center 20884 20884 16477.96 16477.96
3. Construction of intelligent network research and development center 20015 20015 0.00 project
Total 93315 90000 42462.72 39147.17
Note: after adjustment, it is proposed not to use the raised funds to invest in the "construction project of intelligent network research and development center". The total investment amount and specific implementation progress of the project will be invested and implemented according to the company's R & D situation and its own funds.
At present, the investment projects with raised funds are advancing steadily. Because the construction of the investment projects with raised funds has a certain periodicity, some of the raised funds will be temporarily idle. The company will conduct cash management on some idle raised funds according to the actual investment plan and use of the raised funds.
3、 The use of some idle raised funds for cash management this time
1. Investment purpose
In order to improve the use efficiency of funds and make rational use of idle raised funds, some idle raised funds are used to purchase financial products and increase the company's income on the premise of not affecting the normal progress of investment projects of raised funds and the safety of raised funds.
2. Investment quota and capital source
The cash management limit of the company this time is no more than RMB 100 million (including RMB 100 million), and the source of funds is some idle raised funds of the company. Within the above limit, the funds can be used in a rolling manner within the validity period of the resolution of the board of directors.
3. Investment varieties
In order to control financial risks, the company will strictly control risks in accordance with relevant regulations, strictly evaluate investment products, and select financial products with high security, good liquidity, low risk and relatively good investment return within 12 months, including but not limited to structural deposits, bank financial products, income certificates of financial institutions, large deposit certificates, etc. The company's use of some idle raised funds for cash management shall not be used for stocks and their derivatives, securities investment funds, entrusted financial products for the purpose of securities investment, etc.
4. Investment period
The term of use is from the date of deliberation and approval by the board of directors to January 31, 2023. During this term of validity, the investment term of a single financial product purchased by the company with idle raised funds shall not exceed 12 months (including), which shall be used in rolling within the authorized amount.
5. Implementation mode
Within the validity period and limit of the resolution, the board of directors shall authorize the chairman to exercise relevant decision-making power and sign contract documents, including but not limited to selecting qualified issuers of financial products, determining financial amount, selecting financial products, signing relevant contracts or agreements, etc. The financial department of the company is responsible for organizing and implementing cash management activities.
6. Information disclosure
The company will timely fulfill the obligation of information disclosure in accordance with the requirements of relevant rules such as the Listing Rules of gem shares of Shenzhen Stock Exchange and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 - standardized operation of listed companies on GEM.
7. Association description
The trustee of the financial products to be purchased by the company will be banks, securities, insurance and other formal financial institutions, which have no relationship with the company.
4、 Investment risk analysis and risk control measures
The investment type of the company's cash management with idle raised funds is low-risk short-term financial products, but it will still be affected by various risk factors (including but not limited to market risk, liquidity risk, inflation risk, policy risk and force majeure).
For possible investment risks, the company proposes the following measures:
1. The financial department of the company will timely analyze and track the investment direction of cash management products and project progress. If adverse factors are found or judged, corresponding measures will be taken in time to control investment risks;
2. The Audit Department of the company is the supervision department for the cash management of idle raised funds, which audits and supervises the cash management business of the company;
3. The independent directors and the board of supervisors of the company have the right to supervise and inspect the use of idle raised funds and cash management of the company;
4. The company will do a good job of relevant information disclosure in accordance with the relevant provisions of Shenzhen Stock Exchange.
5、 Impact on the company's operation
On the premise of ensuring that it will not affect the normal progress of the investment projects with raised funds and the safety of the raised funds, the purchase of low-risk financial products will not affect the normal development of the investment projects with raised funds and the company's main business. At the same time, it can improve the efficiency of fund use, increase the company's income and create more investment income for the company and all shareholders.
6、 Review procedure
1. Deliberations of the board of directors
The company held the 18th meeting of the 4th board of directors on January 27, 2022. The meeting deliberated and approved the proposal on cash management with some idle raised funds, and agreed that the company would not affect the normal progress of investment projects with raised funds and the safety of raised funds, Rolling use of idle raised funds of no more than RMB 100 million (including RMB 100 million) for cash management, and investment in financial products with high safety, good liquidity, low risk and relatively good investment return, so as to improve the company's fund use efficiency and make rational use of idle raised funds. The service life is from the date of deliberation and approval by the board of directors to January 31, 2023, which is within the above limit, Funds can be used on a rolling basis.
2. Deliberation of the board of supervisors
The company held the 15th meeting of the 4th board of supervisors on January 27, 2022. The meeting deliberated and approved the proposal on using some idle raised funds for cash management. The board of supervisors considered that the rolling amount of using some idle raised funds for cash management should not exceed RMB 100 million (including RMB 100 million), with high investment safety, good liquidity, low risk Financial products with relatively good investment returns are conducive to improving the company's fund use efficiency and increasing economic benefits, will not affect the normal development of the company's fund-raising investment projects and main business, will not damage the interests of the company and minority shareholders, and comply with relevant regulations of Shenzhen Stock Exchange. 3. Opinions of independent directors
In order to improve the use efficiency of funds, the company uses some idle raised funds to purchase low-risk financial products without affecting the normal progress of investment projects with raised funds and the safety of raised funds, which is conducive to improving the use efficiency of funds and increasing investment income, will not adversely affect the company's business activities, and will not damage the company and all shareholders, In particular, the interests of minority shareholders are in line with the interests of the company and all shareholders. Therefore, it is agreed that the company will use some idle raised funds for cash management this time, and the rolling use limit will not exceed RMB 100 million (including RMB 100 million) to purchase financial products. Within the above limit, the funds can be used on a rolling basis.
4. Verification opinions of the recommendation institution
After verification, the recommendation institution believes that: Vanjee Technology Co.Ltd(300552) the proposal of rolling use of idle raised funds for cash management has been deliberated and approved by the board of directors, and the board of supervisors and independent directors have expressed their consent. Under the condition of ensuring the construction of investment projects with raised funds and the normal use of raised funds, the company purchases cash management products with high safety and good liquidity, which is conducive to improving the use efficiency of idle raised funds, making rational use of idle raised funds, increasing income and obtaining better returns for the company and shareholders.
In conclusion, the sponsor has no objection to the company's cash management of some idle raised funds this time. 7、 Documents for future reference
1. Resolutions of Vanjee Technology Co.Ltd(300552) the 18th meeting of the 4th board of directors;
2. Resolutions of the Vanjee Technology Co.Ltd(300552) 15th meeting of the 4th board of supervisors;
3. Independent opinions of Vanjee Technology Co.Ltd(300552) independent directors on relevant matters;
4. Opinions on Northeast Securities Co.Ltd(000686) verification of Vanjee Technology Co.Ltd(300552) using temporarily idle raised funds for cash management.
It is hereby announced.
Vanjee Technology Co.Ltd(300552) board of directors January 28, 2022
