Securities code: 002916 securities abbreviation: Shennan Circuits Co.Ltd(002916) Announcement No.: 2022-008 Shennan Circuits Co.Ltd(002916)
Resolution of the 9th meeting of the 3rd board of supervisors
The company and all members of the board of supervisors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings of the board of supervisors
The ninth meeting of the third board of supervisors of Shennan Circuits Co.Ltd(002916) (hereinafter referred to as “the company”) was held by communication in the company’s conference room on February 21, 2022. The meeting was presided over by Mr. Wang Mingchuan, chairman of the board of supervisors, and all three supervisors attended the meeting. The meeting was held in accordance with relevant laws, administrative regulations, departmental rules, normative documents and the articles of association.
2、 Deliberation at the meeting of the board of supervisors
The following proposals were considered and adopted at this meeting:
(I) proposal on capital increase of wholly-owned subsidiaries with raised funds
In combination with the actual situation of the company, the board of supervisors reviewed the capital increase in cash by Wuxi Shennan Circuits Co.Ltd(002916) Co., Ltd. (hereinafter referred to as “Wuxi Shennan”), the main body of the company’s non-public offering and investment project “IC carrier product manufacturing project for high-end flip chip”. The amount of capital increase was 180 million yuan, all of which were included in the capital reserve. After the capital increase, the registered capital of Wuxi Shennan is still 780 million yuan, and the company still holds 100% of its equity.
The supervisors present at the meeting passed the meeting with 3 affirmative votes, 0 negative votes and 0 abstention votes.
(II) proposal on using raised funds to replace self raised funds of projects invested with raised funds in advance
According to the Shennan Circuits Co.Ltd(002916) 2021 plan for non-public development of a shares, before the funds raised in this non-public offering are in place, the company will choose the opportunity to invest with self raised funds according to the market conditions and the actual situation of the implementation progress of the investment project with raised funds, and replace them in accordance with the requirements and procedures of relevant laws and regulations after the raised funds are in place. According to the verification report of Shennan Circuits Co.Ltd(002916) self raised funds pre invested projects (Xin Hui Shi Bao Zi [2022] Zi 10019) issued by Lixin Certified Public Accountants (special general partnership), as of January 31, 2022, the actual investment amount of the company’s self raised funds pre invested projects with raised funds was 420926839.50 yuan, The company plans to use the raised funds of 420926839.50 yuan to replace the self raised funds invested in advance.
The members of the board of supervisors agreed that the company’s use of the raised funds to replace the self raised funds invested in the raised funds investment project in advance complies with the laws, regulations and normative documents on the management of the raised funds, does not conflict with the implementation of the company’s raised funds use project, and does not affect the normal progress of the company’s raised funds investment project, There is no disguised change in the purpose of the raised funds and damage to the interests of all shareholders. It is agreed that the company will replace the self owned funds invested in advance with the raised funds.
The supervisors present at the meeting passed the meeting with 3 affirmative votes, 0 negative votes and 0 abstention votes.
(III) proposal on using some idle raised funds for cash management
On the premise of ensuring that the investment plan of raised funds is not affected, in order to improve the use efficiency of the company’s raised funds and increase cash management income, the company plans to use idle raised funds of no more than RMB 1.35 billion (including principal) to purchase short-term principal guaranteed financial products or structured deposits with a term of less than 12 months. Within the above limit, the funds can be used on a rolling basis.
The supervisors present at the meeting passed the meeting with 3 affirmative votes, 0 negative votes and 0 abstention votes.
3、 Documents for future reference
1. Resolutions of the ninth meeting of the third board of supervisors of the company;
2. Guotai Junan Securities Co.Ltd(601211) . Verification opinions of AVIC Securities Co., Ltd. on the company’s use of raised funds to increase the capital of wholly-owned subsidiaries;
3. Guotai Junan Securities Co.Ltd(601211) . Verification opinions of AVIC Securities Co., Ltd. on the company’s use of raised funds to replace self raised funds invested in raised investment projects in advance;
4. Guotai Junan Securities Co.Ltd(601211) . Verification opinions of AVIC Securities Co., Ltd. on the company’s use of some idle raised funds for cash management;
5. Assurance report issued by Lixin Certified Public Accountants (special general partnership).
It is hereby announced.
Shennan Circuits Co.Ltd(002916) board of supervisors
February 22, 2002
