Securities code: 301166 securities abbreviation: youningwei Announcement No.: 2022-008
Shanghai Youning weishengwu Technology Co., Ltd
Announcement on the ratification of the use of idle raised funds for cash management
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 material omissions.
Shanghai Youning weishengwu Technology Co., Ltd. (hereinafter referred to as “the company”) was established on February 20, 2022
The third meeting of the third board of directors and the second meeting of the third board of supervisors were held, and the relevant regulations were deliberated and adopted respectively
In the proposal on cash management with idle raised funds, the details are as follows:
1、 Basic information of raised funds
On the approval of Shanghai Youning weishengwu Technology Co., Ltd. issued by China Securities Regulatory Commission
The official reply to the registration of the company’s initial public offering (zjxk [2021] No. 3556) agrees to register,
With the consent of Shenzhen Stock Exchange, Shanghai Youning weishengwu Technology Co., Ltd. (hereinafter referred to as “the company”) issued 21666668 ordinary shares (A shares) in RMB for the first time, with a par value of RMB per share
1.00 yuan, the issue price is 86.06 yuan / share, and the total amount of funds raised is 1864633400 yuan,
After deducting the issuance expenses of RMB 269.1162 million (excluding tax), the actual net amount of funds raised is RMB
1595517300 yuan.
All the above raised funds have been received, and Tianzhi International Certified Public Accountants (special general partnership) has been matched
The fund availability was verified and the capital verification report (tzyz [2021] No. 45819) was issued.
2、 Use of raised funds
Public offering shares disclosed in the company’s prospectus for initial public offering and listing on GEM
The basic information of the projects invested by the raised funds is as follows: unit (10000 yuan)
No. project name total investment proposed to use raised funds
1. Online marketing network and information construction project 8079.60 8079.60
2 offline marketing and service network upgrading project 6828.15 6828.15
3. R & D center construction project 8431.58 8431.58
4. Supplementary working capital project 5000.00 5000.00
Total 28339.33
3、 Cash management with raised funds
In order to improve the efficiency of the use of raised funds, the company
The following cash management shall be carried out after the raised funds are received:
Purchase of contracted bank products product subscription amount value date maturity date expected annualized subject name type (redemption date) yield
Shanghai Pudong Development yinliduo seven days
Bank of China Nanshi sub branch notice deposit notice 149077500.00 2021 / 12 / 23 2021 / 12 / 29 1.90% business deposit
Shanghai Pudong Development yinliduo seven days
Bank of China Nanshi sub branch notice deposit notice 147000000.00 2022 / 1 / 7 2022 / 2 / 18 2.10% business deposit
The company Shanghai Pudong Development Bank agreement 2077500.00 2022 / 1 / 7 2022 / 2 / 18 1.90% of the deposit of Xingnan sub branch
China Merchants Bank Co.Ltd(600036) shares have seven days to gongzhi
Company Limited Shanghai sipingneng notice 453581013.43 2021 / 12 / 23 2022 / 2 / 18 2.10% sub branch deposit
Ping An Bank Co.Ltd(000001) seven days from the notice of Shanghai
Corporate trade Pilot Zone Branch deposit notice 134315800.00 2021 / 12 / 23 2022 / 2 / 18 2.10% deposit
Current deposit of the company in China China Minsheng Banking Corp.Ltd(600016) 380000000.00 2021 / 12 / 23 2022 / 2 / 18 2.10% Haili branch D
Bank Of China Limited(601988) share agreement
Company Limited Shanghai Lu deposit 500000.00 2021 / 12 / 23 2022 / 2 / 18 1.65% Bay sub branch
The raised funds for the above purchase of cash management are 1616974313.43 yuan (the difference with the net raised funds of 1595517300 yuan is the issuance expenses that have not been deducted) and have been fully redeemed (applied for redemption). 4、 Existing risks and impact on the company
(I) existing risks
1. The company uses idle raised funds for cash management, which is a principal guaranteed cash management method with high safety and good liquidity, and complies with relevant raised funds management regulations.
Although the above products have been strictly evaluated, the financial market is greatly affected by the macro-economy, and it is not ruled out that the investment is affected by market fluctuations. As the above products have been redeemed (applied for redemption), there is no risk of default.
2. Operation and monitoring risks that may be caused by the fact that relevant staff are not familiar with the information disclosure requirements of listed companies and the product purchase system.
(II) risk prevention measures
The company’s financial personnel continuously track and analyze cash management products, strengthen risk control and ensure the safety of funds. The audit committee carries out daily inspection and supervision on them. At the same time, the company strengthens the training of financial personnel on relevant information disclosure of listed companies.
(III) impact on the company
The company’s use of idle raised funds for cash management is on the premise of ensuring the funds required for the company’s raised investment projects, which will not affect the implementation of the company’s raised investment projects. Through cash management, the company’s capital utilization rate is improved, higher interest income is obtained, and shareholder return is increased.
5、 Review procedures and relevant opinions for implementation
(I) deliberations of the board of directors
The company held the third meeting of the third board of directors on February 20, 2022, deliberated and adopted the proposal on ratification of cash management with idle raised funds, and agreed to submit it to the general meeting of shareholders for deliberation.
(II) opinions of independent directors
Independent directors believe that: on the premise of not affecting the normal operation of the company and the construction of raised investment projects, the company uses idle raised funds for cash management, and there is no situation of changing the purpose of raised funds in a disguised manner or damaging the interests of shareholders; The company uses idle raised funds for cash management, which can improve the efficiency of fund use and increase the company’s income. Therefore, we agree to ratify the proposal on cash management with idle raised funds and agree to submit the proposal to the general meeting of shareholders of the company for deliberation.
(III) deliberation of the board of supervisors
The company held the second meeting of the third session of the board of supervisors on February 20, 2022, deliberated and approved the proposal on ratification of cash management with idle raised funds. The board of supervisors believed that the company’s use of idle raised funds for cash management improved the use efficiency of raised funds and was in line with the interests of the company and all shareholders, It will not conflict with the implementation plan of the project invested by the raised funds, affect the normal implementation of the project invested by the raised funds, and there is no situation of changing the investment direction of the raised funds in a disguised manner and damaging the interests of shareholders. Therefore, the board of supervisors agreed to the proposal on the ratification of the use of idle raised funds for cash management.
(IV) verification opinions of the recommendation institution
After verification, the sponsor believes that the company’s ratification of using idle raised funds for cash management and using idle raised funds and self owned funds for cash management has been reviewed and approved by the board of directors and the board of supervisors, and all independent directors have issued clear consent opinions and fulfilled the necessary legal procedures. The recommendation institution has no objection to the company’s ratification of the use of idle raised funds for cash management and the use of idle raised funds and self owned funds for cash management.
6、 Documents for future reference
1. Resolutions of the third meeting of the third board of directors;
2. Resolutions of the second meeting of the third board of supervisors;
3. Independent opinions of independent directors on matters related to the third meeting of the third board of directors;
4. Verification opinions on Shanghai Youning Weisheng Technology Co., Ltd. ratifying the use of idle raised funds for cash management and the use of idle raised funds and self owned funds for cash management issued by Minsheng Securities Co., Ltd.
It is hereby announced.
Board of directors of Shanghai Youning Weisheng Technology Co., Ltd. February 22, 2022
