Securities code: 301123 securities abbreviation: Yidong electronic Announcement No.: 2022-002 Yidong Electronic Technology Co., Ltd
Announcement on signing the tripartite supervision agreement for raised funds
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. 1、 Basic information of raised funds
With the approval of zjxk [2021] No. 3938 document of China Securities Regulatory Commission and the consent of Shenzhen Stock Exchange, the company publicly issued 58.4 million RMB common shares (A shares) to the public, with a par value of RMB 1.00 per share and an issue price of RMB 37.23 per share, raising a total of RMB 2174232000. After deducting the issuance expenses, The net amount of funds raised by the company this time is RMB 1971166112.39. On January 18, 2022, Zhitong Certified Public Accountants (special general partnership) verified the availability of funds for the company’s initial public offering of shares and issued the capital verification report (Zhitong Yan Zi (2022) No. 441c000030). The company has opened a special account for the raised funds, stored the raised funds in a special account, and signed the tripartite supervision agreement for the raised funds with the account opening bank and the sponsor. 2、 Signing of tripartite supervision agreement for raised funds and opening of special account for raised funds
In order to standardize the storage, use and management of raised funds, improve the use efficiency of raised funds and protect the rights and interests of investors, In accordance with the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies (revised in 2022), the Listing Rules of GEM stocks of Shenzhen Stock Exchange (revised in December 2020), the guidelines for the self-discipline supervision of listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of GEM listed companies and other laws and regulations, as well as the According to the relevant provisions of the raised funds management system, the company opened a special account for raised funds (hereinafter referred to as the “special account”) and signed the tripartite supervision agreement for raised funds with Industrial And Commercial Bank Of China Limited(601398) Dongguan Chengcheng sub branch, China Merchants Bank Co.Ltd(600036) Dongguan branch, Dongcheng sub branch of Dongguan Bank Co., Ltd. and the sponsor China Merchants Securities Co.Ltd(600999) , Manage and use the raised funds in the special account.
The opening of the company’s special account for raised funds is as follows:
No. account name account no. of deposit bank fund purpose
1. Production line construction project of sidongcheng sub branch of Jiangxi Yidong electronic Dongguan Bank Co., Ltd. 509000014375568 printed circuit board science and Technology Co., Ltd
2 Dongguan yidongke China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. has the construction project of Dongguan urban sub branch of 2010020129088886608 advanced manufacturing base Technology Co., Ltd
3 Dongguan yidongke China Merchants Bank Co.Ltd(600036) Co., Ltd. 769910257610338 R & D Center Construction Technology Co., Ltd. Dongguan branch project
4. Yidong Electronic Technology China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. has 201002012920686660 supplementary Working Capital Co., Ltd. Dongguan urban sub branch project
5. Over raised funds of Yidong electronic technology China Merchants Bank Co.Ltd(600036) Co., Ltd. 755919575910338
Co., Ltd. Dongguan Branch
3、 Main contents of the tripartite supervision agreement on raised funds
The company and its subsidiaries are Party A, the above three banks are Party B and China Merchants Securities Co.Ltd(600999) is Party C: 1. Party A has opened a special account for raised funds in Party B (hereinafter referred to as “special account”), which is only used for the storage and use of raised funds of Party a’s corresponding projects and shall not be used for other purposes.
2. If the investment project of raised funds is implemented through a subsidiary of Party A or other enterprises controlled by Party A, Party A shall ensure that the subsidiary or other enterprises controlled by Party A comply with the laws, regulations and normative documents on the management of raised funds, the management system of raised funds of Party A and the relevant provisions of this agreement.
3. The raised funds deposited by Party A in the form of certificate of deposit is [0] million yuan (if any), and the account opening date is [/] mm / DD / yyyy, with a term of [/] months. Party A promises that after the above certificate of deposit expires, it will be transferred to the special account agreed in this Agreement for management or renewed in the form of certificate of deposit, and notify Party C. Party A’s certificate of deposit shall not be pledged. 4. Party A and Party B shall jointly abide by the bill law of the people’s Republic of China, the measures for payment and settlement, the measures for the administration of RMB bank settlement accounts and other relevant laws, regulations and normative documents.
5. As the sponsor of Party A, Party C shall appoint a sponsor representative or other staff to supervise the use of the raised funds of Party A in accordance with relevant regulations. Party C shall perform its supervision duties in accordance with the relevant provisions on the management of raised funds and the management system of raised funds formulated by Party A, and has the right to exercise its supervision power by means of on-site investigation and written inquiry. Party A and Party B shall cooperate with Party C’s investigation and inquiry. Party C shall check the storage of the special account at the same time when investigating Party A on site.
6. Party A authorizes the sponsor representatives Zhang Yi and Liu Guanghu designated by Party C to inquire and copy the information of the special account at any time; Party B shall timely, accurately and completely provide it with the required information about the special account.
When the sponsor representative inquires about the special account from Party B, he shall issue his own legal identity certificate; When other staff members designated by Party C inquire about the special account from Party B, they shall issue their own legal identity certificate and unit introduction letter.
7. Party B shall issue a statement of account to Party A on a monthly basis (before the [10th] day of each month) and send a copy to Party C. Party B shall ensure that the statement is true, accurate and complete.
8. If Party A withdraws more than 50 million yuan from the special account at one time or within 12 months, or 20% of the net amount of the total raised funds after deducting the issuance expenses, whichever is lower, Party A and Party B shall timely notify Party C by fax and provide the expenditure list of the special account.
9. Party C has the right to change the designated sponsor representative in accordance with relevant regulations. If Party C changes the recommendation representative, it shall notify Party B of relevant supporting documents in writing, and notify the contact information of the changed recommendation representative in writing in accordance with the requirements of Article 14 of this agreement. The replacement of the sponsor representative shall not affect the effectiveness of this agreement.
10. If either party fails to perform or fully perform its respective responsibilities and obligations in this agreement, it will constitute a breach of contract and shall be liable for compensation for breach of contract to the observant party.
If Party B fails to issue a statement of account to Party C in time for three consecutive times or notify Party C of the large withdrawal of the special account, and fails to cooperate with Party C in investigating the special account, Party A or Party C has the right to require Party A to unilaterally terminate this Agreement and cancel the special account.
If Party A needs to change the special account to open a bank or an account due to the implementation of the investment project with raised funds, and needs to sign a new tripartite supervision agreement for raised funds with relevant banks, Party A, Party B and Party C agree that this agreement will terminate automatically from the date when the new tripartite supervision agreement for raised funds is signed and takes effect.
11. This Agreement shall take effect from the date when the legal representatives of Party A, Party B and Party C or their authorized representatives sign or seal and affix their respective official seals, and shall expire on the date when all the funds in the special account are spent and the continuous supervision period ends. 4、 Documents for future reference
1. Tripartite supervision agreement on raised funds
It is hereby announced.
Board of directors of Yidong Electronic Technology Co., Ltd. February 17, 2022
