Securities code: 603398 securities abbreviation: mubang high tech Announcement No.: 2022-015 Jiangxi mubang High Tech Co., Ltd
Special report on the use of previously raised funds
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
According to the provisions on the report on the use of previously raised funds (zjfz [2007] No. 500) issued by the China Securities Regulatory Commission, the special report on the use of previously raised funds prepared by Jiangxi mubang High Tech Co., Ltd. (hereinafter referred to as “the company” or “the company”) as of December 31, 2021 is as follows:
1、 Previous fund raising
With the approval of zjxk [2020] No. 900 document of China Securities Regulatory Commission, the company issued 46251707 RMB ordinary shares (A shares) by means of non-public issuance of shares to specific objects, with an issuance price of 7.29 yuan per share. The total amount of funds raised in this offering is RMB 337174944.03. After deducting the underwriting recommendation fee of RMB 11792452.83 from Sinolink Securities Co.Ltd(600109) , the company received the raised funds transferred from Sinolink Securities Co.Ltd(600109) of RMB 325382491.20 on April 26, 2021. After deducting the issuance audit fee, lawyer’s fee, registration fee and other issuance expenses of RMB 2402124.25, the net amount of funds actually raised is RMB 322980366.95. The availability of the above funds has been verified and confirmed by Dahua Certified Public Accountants (special general partnership) in the capital verification report “Dahua Yan Zi [2021] No. 000268”. In accordance with the measures for the administration of securities issuance of listed companies, the company has opened a special account for the storage of raised funds in the following banks. As of December 31, 2021, the storage of raised funds is listed as follows:
Monetary unit: RMB
Bank name account number initial deposit amount deadline balance storage method
Bank Of China Limited(601988) Shantou science and technology 674369107009 325382491.20 — cancelled sub branch
Total 325382491.20
2、 Actual use of the previously raised funds
(I) use of funds raised last time
See attached table 1 comparison table of the use of funds raised in the previous time for details.
(II) changes in the actual investment projects of the previously raised funds
The net amount of funds actually raised by the company’s non-public offering of shares was 322980366.95 yuan, which was less than the amount of funds to be raised by 635633600.00 yuan. Therefore, the 26th meeting of the third board of directors and the 23rd Meeting of the third board of supervisors were held on May 21, 2021, The proposal on terminating some investment projects with raised funds was reviewed and approved, and the company was agreed to terminate some investment projects with raised funds according to the actual net amount of raised funds and the actual situation of investment projects with raised funds. The specific adjustments are as follows:
Monetary unit: RMB
No. name of raised investment project the amount of raised funds to be invested before the adjustment of the total investment of the project and the amount of raised funds to be invested after the adjustment
1 acquisition of Merrill Lynch project 440000000.00 440000000.00 440000000.00
2 plastic teaching aids intelligent toys 195633600.00 195633600.00
Chemical production technology transformation project
Total 635633600.00 635633600.00 440000000.00
(III) external transfer or replacement of investment projects with previously raised funds
1. On May 21, 2021, the company held the 26th meeting of the third board of directors and the 23rd Meeting of the third board of supervisors, deliberated and approved the proposal on replacing self raised funds invested in self raised projects in advance with raised funds, and agreed to use the raised funds to invest in self raised funds in advance, It has been verified by Dahua Certified Public Accountants (special general partnership) and issued the verification report of dahuhe Zi [2021] 008474 Banbao Co.Ltd(603398) self raised funds invested in the investment project of raised funds in advance. On May 21, 2021, the company used the raised funds to replace the self raised funds of 322980366.95 yuan invested in advance.
The above matters have been verified by Sinolink Securities Co.Ltd(600109) and no objection verification opinions have been issued. The company has fulfilled the obligation of information disclosure in accordance with the regulations.
2. As of December 31, 2021, there was no external transfer of the investment projects with the previously raised funds. (IV) use of idle raised funds
There is no idle use of the previously raised funds of the company.
(V) comparison between the use of the previously raised funds and the company’s regular reports
There is no difference between the actual use of the company’s previously raised funds and the relevant contents disclosed in the company’s periodic reports and other information disclosure documents.
3、 Economic benefits of the project invested with raised funds
(I) benefits achieved by the investment projects with the previously raised funds
See attached table 2 comparison table of realized benefits of investment projects with previously raised funds for details.
(II) explanation that the benefits of the investment project of the previously raised funds cannot be calculated separately
The investment project of the company’s previously raised funds does not directly generate economic benefits, and the benefits cannot be calculated separately. (III) description of failure to realize the promised income
The company has no projects that fail to realize the promised income.
4、 Operation of relevant assets related to the subscription of shares with assets in the previous issuance
The company’s previous fund-raising did not involve the operation of assets related to the subscription of shares with assets.
5、 Balance of previous raised funds and use of surplus raised funds
As of December 31, 2021, the net amount of the company’s previous raised funds was 322980366.95 yuan, and the actually used raised funds were 322980366.95 yuan. The funds raised by the company in the previous time have been used up and the account cancellation procedures have been handled.
6、 Other information about the use of the previously raised funds
There are no other circumstances in the previous fund-raising of the company.
It is hereby announced.
Attached table 1 of the board of directors of Jiangxi mubang High Tech Co., Ltd. February 16, 2002
Comparison table of the use of the previously raised funds
Prepared by: error! Reference source not found.
Monetary unit: RMB 10000
Total raised funds: 32298.04 total used raised funds: 32298.04
Total amount of funds raised in each year: 328.04
Total funds raised for change of purpose: – 2021: 32298.04
Proportion of total raised funds with changed purposes:–
The deadline for the total investment amount of the raised funds of the investment project is the date when the accumulated investment amount of the raised funds reaches the expected usable state Committed investment before and after raising committed investment before and after raising committed investment after raising committed investment actual investment amount and period (or the serial number of the deadline) the amount of funds actually invested in the investment project the amount of funds actually invested the amount of funds actually invested the amount of funds actually invested the amount of funds actually invested the amount of projects completed after the investment project is raised Difference (limit)
1 acquisition of the Merrill Lynch project acquisition of the Merrill Lynch project 44000.00 44000.00 32298.04 44000.00 44000.00 32298.04 11701.96 100.00%
Note: the net amount of funds actually raised in this offering is lower than the funds required for the project, and the insufficient part is solved by self raised funds.
Schedule 2
Comparison table of realized benefits of investment projects with previously raised funds
Prepared by: error! Reference source not found.
Monetary unit: RMB 10000
Whether the three-year actual benefits of the actual investment project meet the expected cumulative capacity utilization of the investment project and the promised benefits
Serial number project name 2018 2019 2020
1 not applicable for acquisition of Merrill Lynch project [Note 1] 3340.18 4159.98 3948.32 11448.48 no [Note 2]
Note 1: when the company acquired 100% equity of Merrill Lynch project, Zheng Yonglin, the former controlling shareholder of Guangdong Merrill Lynch Interactive Technology Co., Ltd. (hereinafter referred to as “Merrill Lynch”), made a commitment to the performance of Merrill Lynch, and promised that the net profit of Merrill Lynch in 2018, 2019 and 2020 (whichever is lower before and after deducting non recurring profits and losses) would not be less than 33 million yuan 39.6 million yuan and 47.5 million yuan. Note 2: in 2020, affected by covid-19 virus epidemic, the overall passenger flow of traditional industries and real economy decreased significantly, and consumers went to stores
