Securities code: 688680 securities abbreviation: Shanghai Hiuv New Materials Co.Ltd(688680) Announcement No.: 2022-013 Shanghai Hiuv New Materials Co.Ltd(688680)
Announcement on adjusting the company's plan to issue convertible corporate bonds to unspecified objects
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Shanghai Hiuv New Materials Co.Ltd(688680) (hereinafter referred to as "the company") has deliberated and adopted the scheme of issuing convertible corporate bonds to unspecified objects at the 16th meeting of the third board of directors held on November 10, 2021, the fourth extraordinary general meeting of shareholders held on November 26, 2021 and the 17th meeting of the third board of directors held on November 30, 2021. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) Relevant announcements of disclosure.
In order to promote the issuance of convertible corporate bonds to unspecified objects, combined with the actual situation of the company, the company held the 20th meeting of the third board of directors and the 16th meeting of the third board of supervisors on February 8, 2022, The proposal on adjusting the plan for the company to issue convertible corporate bonds to unspecified objects and the proposal on the plan for the company to issue convertible corporate bonds to unspecified objects (Second Revision) and other relevant proposals were reviewed and approved, and the financing scale of convertible corporate bonds was adjusted and reduced. After the reduction, "polymer special membrane project with an annual output of 100 million square meters" as the proposed project, the company will follow up the construction through self financing or other financing methods according to the development plan and its own actual situation. The main revisions are as follows:
1、 Issuance scale
Before this revision:
The total amount of convertible corporate bonds to be issued this time shall not exceed RMB 1004 million (including RMB 1004 million). The specific issuance scale shall be determined by the board of directors (or persons authorized by the board of directors) authorized by the general meeting of shareholders within the above limit.
After this revision:
The total amount of convertible corporate bonds to be issued this time shall not exceed RMB 694 million (including RMB 694 million). The specific issuance scale shall be determined by the board of directors (or persons authorized by the board of directors) authorized by the general meeting of shareholders within the above limit.
2、 Purpose of the raised funds
Before this revision:
The total amount of funds raised from the issuance of convertible corporate bonds to unspecified objects does not exceed 1004 million yuan (including 1004 million yuan). The net amount of funds raised after deducting the issuance expenses will be used for the following projects:
Unit: 10000 yuan
No. project name total investment amount proposed to be invested in raised funds
1 photovoltaic packaging film project with an annual output of 200 million square meters (phase I) 45913.86 31900.00
2. Photovoltaic packaging material project with an annual output of 150 million square meters, 36157.51 and 25500.00 meters of Shangrao haiyouwei application Film Co., Ltd. (phase I)
3 polymer special membrane project with an annual output of 100 million square meters 31143.88 31000.00
4. Supplementary working capital 12000.00 12000.00
Total 125215.25 100400.00
After this revision:
The total amount of funds raised from the issuance of convertible corporate bonds to unspecified objects does not exceed 694 million yuan (including 694 million yuan). The net amount of funds raised after deducting the issuance expenses will be used for the following projects: unit: 10000 yuan
No. project name total investment amount proposed to be invested in raised funds
1 photovoltaic packaging film project with an annual output of 200 million square meters (phase I) 45913.86 31900.00
2. Photovoltaic packaging material project with an annual output of 150 million square meters, 36157.51 and 25500.00 meters of Shangrao haiyouwei application Film Co., Ltd. (phase I)
3. Supplementary working capital 12000.00 12000.00
Total 94071.37 69400.00
3、 Relevant procedures for the implementation of this scheme adjustment
In order to promote the issuance of convertible corporate bonds to unspecified objects, combined with the actual situation of the company, the company held the 20th meeting of the third board of directors and the 16th meeting of the third board of supervisors on February 8, 2022, The proposal on adjusting the company's plan for issuing convertible corporate bonds to unspecified objects and the proposal on the company's plan for issuing convertible corporate bonds to unspecified objects (Second Revision) and other relevant proposals were reviewed and approved. The independent directors of the company have expressed their independent opinions on the above matters.
According to the proposal on requesting the general meeting of shareholders to authorize the board of directors to handle matters related to the issuance of convertible corporate bonds to unspecified objects reviewed and approved by the fourth extraordinary general meeting of shareholders of the company in 2021, the adjustment of the scheme of issuing convertible corporate bonds to unspecified objects does not need to be submitted to the general meeting of shareholders of the company for deliberation.
It is hereby announced.
Shanghai Hiuv New Materials Co.Ltd(688680) board of directors February 9, 2022
