Securities code: 688020 securities abbreviation: Guangzhou Fangbang Electronics Co.Ltd(688020) Announcement No.: 2022-010 Guangzhou Fangbang Electronics Co.Ltd(688020)
Special report on the deposit and actual use of raised funds in 2021
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.
In accordance with the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of funds raised by listed companies issued by China Securities Regulatory Commission, the measures for the administration of funds raised by listed companies of Shanghai Stock Exchange (revised in 2013) and the Listing Rules of science and Innovation Board of Shanghai Stock Exchange and other relevant provisions, The board of directors of Guangzhou Fangbang Electronics Co.Ltd(688020) (hereinafter referred to as “the company”, “the company” or ” Guangzhou Fangbang Electronics Co.Ltd(688020) “) made a special explanation on the deposit and actual use of the raised funds in 2021 as follows:
1、 Basic information of raised funds
(I) the actual amount of funds raised and the arrival time of funds after deducting the issuance expenses
With the approval of zjxk (2019) No. 1212 document of China Securities Regulatory Commission and the consent of Shanghai Stock Exchange, Huatai United Securities Co., Ltd., the lead underwriter, publicly issued 20 million RMB ordinary shares (A shares) to the public by means of inquiry, with an issue price of 53.88 yuan per share, raising a total of 1077.6 million yuan, The raised capital after deducting the underwriting and recommendation expenses of 77.766 million yuan was 99.9834 million yuan, which was remitted to the raised capital supervision account of the company by the lead underwriter Huatai United Securities Co., Ltd. on July 18, 2019. In addition, after deducting 20.7943 million yuan of additional external expenses directly related to the issuance of equity securities, such as online issuance fee, prospectus printing fee, reporting accountant fee, lawyer fee and evaluation fee, the net amount of funds raised by the company this time is 979039600 yuan. The availability of the above raised funds has been verified by Tianjian Certified Public Accountants (special general partnership) and issued the capital verification report (Tianjian Yan (2019) No. 7-65).
(II) amount used in previous years, amount used in current year and current balance
The company actually used 58.0688 million yuan of raised funds in 2019, and the net amount of bank deposit interest received in 2019 after deducting bank handling charges was 11.8829 million yuan; In 2020, the company actually used 136.5218 million yuan of raised funds, and the net amount of bank deposit interest received in 2020 after deducting bank handling fees was 29.1780 million yuan; In 2021, the company actually used 178.1976 million yuan of raised funds, and the net amount of bank deposit interest received in 2021 after deducting bank handling charges is 20.4753 million yuan; The accumulated used raised funds were 372.7881 million yuan, and the accumulated net amount of bank deposit interest received after deducting bank handling charges was 61.5362 million yuan.
As of December 31, 2021, the balance of raised funds was 667.7877 million yuan (including the net amount of accumulated bank deposit interest received minus bank handling charges).
2、 Management of raised funds
(I) management of raised funds
In order to standardize the management and use of raised funds, improve the efficiency and efficiency of fund use, and protect the rights and interests of investors, the company, in accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the Listing Rules of Shanghai Stock exchange, the measures for the administration of raised funds of listed companies on Shanghai Stock Exchange (revised in 2013) and other relevant laws In accordance with the provisions of laws and regulations and normative documents, and in combination with the actual situation of the company, the measures for the management of Guangzhou Fangbang Electronics Co.Ltd(688020) raised funds (hereinafter referred to as the management measures) are formulated. In accordance with the administrative measures, the company has implemented a special account for the raised funds, established a special account for the raised funds in the bank, and together with the sponsor Huatai United Securities Co., Ltd., the company and China Merchants Bank Co.Ltd(600036) Guangzhou Development Zone sub branch on July 18, 2019 and Hua Xia Bank Co.Limited(600015) Guangzhou Development Zone sub branch, Industrial And Commercial Bank Of China Limited(601398) Guangzhou Luogang sub branch on August 1, 2019 China Construction Bank Corporation(601939) Guangzhou Luogang sub branch signed the tripartite supervision agreement, clarifying the rights and obligations of all parties. There is no significant difference between the tripartite regulatory agreement and the model tripartite regulatory agreement of Shanghai Stock Exchange, and the company has strictly complied with the raised funds.
In order to make rational use of idle raised funds and improve the use efficiency of raised funds, the proposal on cash management with temporarily idle raised funds was deliberated and adopted at the 9th meeting of the second board of directors and the 8th meeting of the second board of supervisors on August 2, 2019. On the premise of ensuring that the progress of the investment projects invested by the raised funds, the normal production and operation of the company and the safety of funds are not affected, the company uses the temporarily idle raised funds with an amount of no more than RMB 900 million for cash management, which is used for high investment safety, good liquidity The issuer is the principal guaranteed financial products of financial institutions with Principal Guaranteed commitment (including structured deposits, agreement deposits, call deposits, time deposits, large certificates of deposit and asset portfolio principal guaranteed financial products, in which the purchase balance of asset portfolio principal guaranteed financial products does not exceed 50 million yuan), and the service life is from the board of directors It shall be valid within 12 months from the date of deliberation and approval by the board of supervisors. Within the above limit, the funds can be used on a rolling basis. The independent directors of the company and the sponsor Huatai United Securities Co., Ltd. have expressed their consent; On July 31, 2020, the 16th meeting of the second board of directors and the 13th meeting of the second board of supervisors deliberated and adopted the proposal on cash management with temporarily idle raised funds, and agreed that the company would not affect the progress of the investment project with raised funds, the normal production and operation of the company and ensure the safety of funds, The temporarily idle raised funds with a limit of no more than RMB 850 million are used for cash management to invest in investment products with high safety, good liquidity and principal guaranteed commitment. The service life is valid within 12 months from the date of deliberation and approval by the board of directors and the board of supervisors of the company. Within the above limit, the funds can be used on a rolling basis. The independent directors of the company and the sponsor Huatai United Securities Co., Ltd. have expressed their consent; On July 29, 2021, the 24th Meeting of the second board of directors and the 19th meeting of the second board of supervisors deliberated and adopted the proposal on cash management with temporarily idle raised funds, and agreed that the company would not affect the progress of the investment projects with raised funds, the normal production and operation of the company and ensure the safety of funds, The temporarily idle raised funds with a limit of no more than 650 million yuan are used for cash management to invest in investment products with high safety, good liquidity and guaranteed principal commitment. The service life is valid within 12 months from the date of deliberation and approval by the board of directors and the board of supervisors of the company. Within the above limit, the funds can be used on a rolling basis.
The independent directors of the company and the sponsor Huatai United Securities Co., Ltd. expressed their consent.
In 2021, the company used temporarily idle raised funds to purchase principal guaranteed financial products, with a cumulative investment amount of 2131246900 yuan, a cumulative investment income of 14887300 yuan, and the balance of financial products at the end of the period was 371246900 yuan.
(II) storage of raised funds in special account
As of December 31, 2021, the company has 4 special accounts for raised funds, 2 structured deposit accounts, 8 large certificates of deposit accounts and 1 time deposit account. The deposit of raised funds is as follows:
Remarks on the balance of raised funds in the account number of the deposit bank
120907891510703 183799179.43 current deposit China Merchants Bank Co.Ltd(600036) Guangzhou Development Zone Branch 12090789158200034 20000000.00 large deposit bank 12090789158200020 10000000.00 large deposit certificate 12090789158200048 30000000.00 large deposit certificate
12090789158100785 80000000.00 structured deposit
12090789158100799 100000000.00 structured deposit
12090789158200051 20071966.67 certificate of deposit
10966000000373094 106997018.51 demand deposit 10966000000472267 10337166.67 large deposit certificate Hua Xia Bank Co.Limited(600015) Guangzhou Development Zone Branch 10966000000459938 10210611.11 large deposit bank
10966000000459927 10205888.89 certificate of deposit 10966000000459916 20421222.22 certificate of deposit
Industrial And Commercial Bank Of China Limited(601398) Guangzhou Luogang 3602089129200232269 5726741.37 current deposit sub branch 360208911200005495 60000000.00 time deposit
China Construction Bank Corporation(601939) Guangzhou Luogang 4405014700420986666 17933.74 current deposit sub branch
Total 667787728.61
3、 Actual use of raised funds this year
1. Use of funds for investment projects with raised funds
As of December 31, 2021, there was no abnormal situation in the company’s investment projects with raised funds, and there was no situation that the benefits of the investment projects with raised funds could not be calculated separately. See Annex 1 of this report for the use of raised funds.
2. Advance investment and replacement of raised investment projects
As of December 31, 2021, the company has no early investment and replacement of raised investment projects.
3. Temporary replenishment of working capital with idle raised funds
As of December 31, 2021, the company has not used idle raised funds to temporarily supplement working capital.
4. Cash management and investment of idle raised funds in related products
In order to make rational use of the idle raised funds and improve the use efficiency of the raised funds, on July 29, 2021, the 24th Meeting of the second board of directors and the 19th meeting of the second board of supervisors deliberated and adopted the proposal on cash management using the temporarily idle raised funds, and agreed that the company should ensure that the progress of the investment projects with the raised funds will not be affected On the premise of normal production and operation and ensuring the safety of funds, the company uses the temporarily idle raised funds with a limit of no more than 650 million yuan for cash management to invest in investment products with high safety, good liquidity and principal guaranteed commitment. The service life is valid within 12 months from the date of deliberation and approval by the board of directors and the board of supervisors of the company, which is within the above limit, Funds can be used on a rolling basis. The independent directors of the company and the sponsor Huatai United Securities Co., Ltd. expressed their consent.
In 2021, the company used temporarily idle raised funds to purchase principal guaranteed financial products, with a cumulative investment amount of 2131246900 yuan, a cumulative investment income of 14887300 yuan, and the balance of financial products at the end of the period was 371246900 yuan.
5. Permanent replenishment of working capital or repayment of bank loans with over raised funds
As of December 31, 2021, the company has not used over raised funds to permanently supplement working capital or repay bank loans.
6. Use of over raised funds for projects under construction and new projects (including acquisition of assets, etc.)
As of December 31, 2021, the company has not used the over raised funds for projects under construction and new projects (including the acquisition of assets, etc.).
