China International Capital Corporation Limited(601995)
About Beijing Huafeng Test & Control Technology Co.Ltd(688200)
Verification opinions on the extension of some raised investment projects
China International Capital Corporation Limited(601995) (hereinafter referred to as "sponsor") is a sponsor of Beijing Huafeng Test & Control Technology Co.Ltd(688200) (hereinafter referred to as " Beijing Huafeng Test & Control Technology Co.Ltd(688200) " or "company") for initial public offering and listing on the science and innovation board, In accordance with the relevant provisions of the measures for the administration of securities issuance and listing recommendation business, the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of funds raised by listed companies, the rules for the listing of shares on the science and Innovation Board of Shanghai Stock Exchange, the measures for the administration of funds raised by listed companies on the Shanghai Stock Exchange, and the measures for the continuous supervision of listed companies on the science and Innovation Board (for Trial Implementation), The Beijing Huafeng Test & Control Technology Co.Ltd(688200) part of the raised investment projects have been carefully and prudently verified. The specific verification conditions and verification opinions are as follows:
1、 Basic information of raised funds
According to the reply on Approving the registration of Beijing Huafeng Test & Control Technology Co.Ltd(688200) initial public offering (zjxk [2020] No. 93) issued by the China Securities Regulatory Commission on January 14, 2020, the company was approved to publicly issue 15296297 ordinary shares in RMB at an issue price of 107.41 yuan per share, and the total amount of funds raised by the company was 1642975300 yuan, After deducting the total issuance cost of RMB 130.7167 million (excluding tax), the net amount of raised funds is RMB 151.22586 million. All the above raised funds have been in place, which has been verified by Daxin Certified Public Accountants (special general partnership) and issued the capital verification report (daxinyz [2020] No. 3-00003). The company has stored the raised funds in a special account, and signed the tripartite supervision agreement on raised funds and the quadripartite supervision agreement on raised funds with the sponsor and the commercial bank storing the raised funds.
2、 Investment projects with raised funds
According to the prospectus of Beijing Huafeng Test & Control Technology Co.Ltd(688200) initial public offering of shares, the total amount of funds raised by the company will be specifically invested in the following projects after deducting the issuance expenses:
Unit: 10000 yuan
No. project name total project investment amount of raised funds to be used
Advanced integrated circuit test base construction project 659.68
2 scientific research and innovation projects 24410.32 24410.32
3. Supplementary working capital 10000.00 10000.00
Total 100000.00 100000.00
According to the actual progress of the raised investment project, the company uses its own funds for the early construction of the raised investment project before the raised funds are in place. After the raised funds are in place, the raised funds can be used to replace the own funds that have been invested in the construction of the raised investment project. 3、 Details of the extension of some raised investment projects this time
(I) delay of some raised investment projects
In combination with the actual construction and investment progress of the company's investment projects with raised funds, the time for the project to reach the expected usable state shall be adjusted under the condition that the investment purpose and investment scale of the raised funds are not changed, as follows:
S / n item name original plan to reach the scheduled availability status date after the delay use status date
1. Integrated circuit advanced test equipment industrialization base construction project February 2022 February 2023
(II) reasons for the delay of this raised investment project
According to the prospectus of Beijing Huafeng Test & Control Technology Co.Ltd(688200) initial public offering, the construction period of the above project is expected to be 2 years. The implementation conditions of marketing service network construction, technicians, equipment procurement and other aspects included in the above project lag behind the original plan due to the influence of covid-19 epidemic outside China, Sino US trade friction and other factors. In order to ensure that the construction results of the raised investment project can better meet the requirements of the company's development planning, the company fully considers the actual use of the raised funds and the implementation status of the raised investment project. Under the condition that the investment purpose and investment scale of the raised funds are not changed, the time for the project to reach the predetermined usable state is adjusted to February 2023.
4、 Impact of the delay of some raised investment projects on the company
The postponement of some raised investment projects is a prudent decision made by the company according to the actual situation of project implementation. It does not change the investment content, total investment and implementation subject of raised investment projects, and will not have a substantive impact on the implementation of raised investment projects. This adjustment does not change the investment direction of the raised funds in a disguised manner and damage the interests of shareholders, which is in line with the relevant provisions of the CSRC and Shanghai Stock Exchange on the management of the raised funds of listed companies.
5、 Review procedures for the extension of some raised investment projects
The company held the 10th meeting of the second board of directors and the 9th meeting of the second board of supervisors on February 25, 2022, deliberated and adopted the proposal on the extension of some raised investment projects, and the independent directors of the company expressed their independent opinions on this matter.
6、 Verification opinions of the recommendation institution
After verification, the recommendation institution believes that:
The postponement of some raised investment projects has been deliberated and approved by the board of directors and the board of supervisors of the company. The independent directors have expressed their independent opinions, performed the necessary decision-making procedures, and met the requirements of relevant laws, regulations and normative documents. The postponement of some raised investment projects will not have a significant adverse impact on the normal operation of the company, there is no situation of changing the use purpose of the raised funds in a disguised form, changing or changing the investment direction of the raised funds in a disguised form and damaging the interests of shareholders.
In conclusion, the sponsor has no objection to the extension of some of the company's raised investment projects.
(no text below)
(there is no text on this page, which is the signature page of the verification opinions on the extension of China International Capital Corporation Limited(601995) some raised investment projects in Beijing Huafeng Test & Control Technology Co.Ltd(688200) ) sponsor representative:
Jia Yizhen Xingke
China International Capital Corporation Limited(601995) February 25, 2022
