Securities Announcement No.: 71023-2023
Milkyway Chemical Supply Chain Service Co.Ltd(603713)
Announcement on the progress of using some idle raised funds for cash management
The board of directors and all directors of the company guarantee that there are no false records and misleading statements in the contents of this announcement
Or major omissions, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Entrusted financial management trustee: China Merchants Bank Co.Ltd(600036)
Amount of entrusted financial management: RMB 20 million
Name of entrusted wealth management product: China Merchants Bank Co.Ltd(600036) point gold series structured deposit
See “III. term of entrustment” for details
Review procedures: the 31st meeting of the second board of directors and the 20th meeting of the second board of supervisors
Meeting
1、 The use of idle raised funds for cash management and due redemption
Recently, the company purchased ” Bank Of Shanghai Co.Ltd(601229) ‘Wenjin’ No. 3 structured deposit” with idle raised funds
The principal of financial products has been recovered, the company has recovered the principal and income of the above raised funds, and the relevant agreements have been fulfilled.
The details are as follows:
Financial amount
Serial No. bank product name product type rate of return (yuan) product term (10000 yuan)
Bank Of Shanghai Co.Ltd(601229) November 9, 2021 “Wenjin” No. 3 bank financial management
1 joint stock limited 5000.00 2.80% 372054.80 to 2022 2 structured deposit products
The 14th day of the month of the company
2、 Overview of this entrusted financial management
(I) purpose of entrusted financial management
Under the condition that the investment risk is controllable and does not affect the normal operation of the company, and ensure that the raised capital is not affected
Under the normal implementation of gold investment projects, improve the efficiency of fund use, make rational use of idle raised funds, and obtain
Get a certain investment income, further improve the overall performance level of the company and seek more investment for the company and shareholders
(II) fund source 1. General information of fund source
The source of funds for this financial management is temporarily idle raised funds. 2. Entrusted financial management with idle raised funds
With the approval of the reply on approving Milkyway Chemical Supply Chain Service Co.Ltd(603713) non-public shares issued by the China Securities Regulatory Commission (zjxk [2020] No. 3424), the company issued 9747452 RMB ordinary shares (A shares) in a non-public manner at an issue price of 112.85 yuan / share. As of March 5, 2021, the total amount of funds actually raised by the company was 109999958.20 yuan, after deducting various issuance expenses of 11017358.50 yuan (excluding tax), the net amount of funds actually raised was 1088982599.70 yuan. The above raised funds have been transferred to the special account for raised funds designated by the company on March 5, 2021. Tianzhi International Certified Public Accountants (special general partnership) has verified their availability and issued the Milkyway Chemical Supply Chain Service Co.Ltd(603713) capital verification report (Tian Ye Zi [2021] No. 10522). In order to standardize the management and use of the company’s raised funds and protect the rights and interests of investors, the company has set up a special account for the raised funds and implemented special account storage management for the raised funds.
According to the issuance application documents reviewed by the CSRC and the actual funds raised in this non-public offering, the funds raised in this non-public offering of shares of the company are intended to be used to implement the following investment projects of raised funds:
Unit: Yuan
Project name total investment amount proposed to be invested in raised funds No
1 project of Ningbo Shenze Chemical Supply Chain Management Co., Ltd. 300000000.00 2300000000.00
2. Warehousing and logistics project of Guangxi Shenze Logistics Co., Ltd. 150000000.00 119000000.00
3 Milkyway Chemical Supply Chain Service Co.Ltd(603713) (Yantai) Supply Chain Management Service Co., Ltd. 131830000.00 6000000.00 modern chemical supply chain innovation and application supporting facilities project
4. Expansion of 20000 m2 class C warehouse project 70000000.00 70000000.00
5. Network layout and operation capacity improvement project 292300000.00 290000000.00
6. Supplementary working capital 320000000.00 319982599.70
Total 1264130000.00 1088982599.70
Note: since the net amount of funds actually raised in this non-public offering was 1088982599.70 yuan, which was less than the total amount of funds to be raised, the company decided to adjust and finally decide the specific investment amount of each raised capital investment project according to the actual net amount of funds raised, and held the 31st meeting of the second board of directors on March 25, 2021 The 20th meeting of the second session of the board of supervisors deliberated and adopted the proposal on adjusting the investment amount of non-public development bank stock raised funds investment projects.
It will be supplemented with self raised funds. If the funds raised this time are in place, the company needs to conduct a preliminary review of the above proposed investment projects
In case of long-term investment, the company will invest with self raised funds. After the raised funds are in place, the self raised funds will be replaced with the raised funds.
(III) basic information of the entrusted financial products
Whether the structured financial management amount of sequential products constitutes the trustee’s product name, expected product yield, product term income type
Related party transactions arranged by size (10000 yuan)
China Merchants Bank Co.Ltd(600036) dianjin series February 14, 2022
Bank factoring 1.60%, 2.75%, principal guaranteed floating
1 joint stock limited 14 day structure from 2000.00 to 2022 2 2 no financial products 2.90% income
Corporate deposit date: June 28
(IV) the company’s internal control over risks related to entrusted financial management
1. The company shall establish and improve the system of purchasing financial products in accordance with the principle of separating the functions of decision-making, execution and supervision
Approval and implementation procedures, effectively carry out and standardize the purchase of financial products, and ensure the safety of financial funds.
2. The company strictly abides by the principle of prudent investment and selects investment objects, mainly those with good reputation, large scale
Products issued by issuers capable of ensuring capital security.
3. Relevant personnel of the Finance Department of the company will timely analyze and track the investment direction of financial products and project progress,
If the assessment finds that there are risk factors that may affect the safety of the company’s funds, corresponding preservation measures will be taken in time,
Control financial risks.
4. The independent directors and the board of supervisors of the company have the right to supervise and inspect the use of funds, and may, if necessary
To hire professional institutions for audit.
5. The company will timely perform the obligation of information disclosure in accordance with the relevant provisions of Shanghai Stock Exchange.
3、 Details of this entrusted financial management
(I) main terms of this entrusted financial management contract
1. Product Name: China Merchants Bank Co.Ltd(600036) point gold series 14 day structured deposit
2. Subscription amount: RMB 20 million
3. Contract signing date: February 14, 2022
4. Product establishment date: February 14, 2022
5. Product expiration date: February 28, 2022
6. Expected rate of return: 1.60%, 2.75%, 2.90%
7. Income calculation method: income = purchase amount * maturity interest rate * product term / 365
(II) investment direction of entrusted financial management funds: principal guaranteed financial products or deposit products with high safety and good liquidity
Products. The above investment varieties do not involve securities investment, and shall not be used for bank financial management or trust products for the purpose of stocks and their derivatives, securities investment funds and securities investment and unsecured creditor’s rights as the investment object. The above investment products shall not be used for pledge. There is no behavior of changing the purpose of the raised funds in a disguised form. (III) other situations of using idle raised funds for entrusted financial management
1. The amount and duration of the entrusted financial management do not exceed the amount and duration of the raised funds approved at the 31st meeting of the second board of directors of the company;
2. The entrusted financial management product is a low-risk principal guaranteed cash management product with high safety and good liquidity, which will not affect the company’s investment plan and the safety of the raised funds, and will not change the purpose of the raised funds in a disguised manner, and will not affect the normal development of the company’s investment projects with raised funds. (IV) risk control analysis
The company uses idle raised funds to purchase principal guaranteed financial products or deposit products with high security and good liquidity within the authorized limit, and the risk level is low. The Finance Department of the company will timely analyze and track the investment direction of financial products and the progress of the project. If the evaluation finds that there are risk factors that may affect the safety of the company’s funds, it will take corresponding measures in time to control the investment risk. 4、 Information of the entrusted party of this entrusted financial management
China Merchants Bank Co.Ltd(600036) is a listed company with the stock code of 600036. There is no relationship between the company, its controlling shareholders and their persons acting in concert, the actual controller of the company and China Merchants Bank Co.Ltd(600036) . 5、 Impact on the company
The audited financial position of the company in the last two years is as follows:
Unit: RMB
December 31, 2020 December 31, 2019
Total assets 3678240679.85 2569123443.18
Total liabilities
