Securities code: Lihuayi Weiyuan Chemical Co.Ltd(600955) securities abbreviation: Lihuayi Weiyuan Chemical Co.Ltd(600955) Announcement No.: 2022022 Lihuayi Weiyuan Chemical Co.Ltd(600955)
Announcement on the use of temporarily idle raised funds and self owned funds for cash management
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Entrusted financial management trustee: banks, securities companies and other financial institutions
Cash management quota: idle raised funds with a maximum balance of no more than RMB 1.6 billion and self owned funds with a maximum balance of no more than RMB 2.9 billion shall be used for cash management
Cash management products: Lihuayi Weiyuan Chemical Co.Ltd(600955) (hereinafter referred to as ” Lihuayi Weiyuan Chemical Co.Ltd(600955) ” or “the company”) uses idle raised funds to purchase investment products with good liquidity, high security and guaranteed principal, and the term shall not exceed 12 months; For investment products purchased with idle self owned funds, products with good liquidity and high security shall be selected for a period of no more than 36 months.
Review procedures to be performed: the company held the 7th Meeting of the 2nd board of directors and the 4th meeting of the 2nd board of supervisors on March 1, 2022 to review and approve the proposal on cash management using temporarily idle raised funds and self owned funds. This proposal still needs to be submitted to the general meeting of shareholders for deliberation and shall be valid within 12 months from the date of deliberation and adoption by the general meeting of shareholders. Within the above limit, the funds can be used on a rolling basis. 1、 Basic information of raised funds
The company has obtained the reply on approval of Lihuayi Weiyuan Chemical Co.Ltd(600955) initial public offering (zjxk [2021] No. 2737) issued by China Securities Regulatory Commission on August 20, 2021, and issued 137.5 million ordinary shares in RMB to the public, with a par value of 1 yuan and an issue price of 29.56 yuan / share. The total amount of funds raised from the public offering of shares was 4064.5 million yuan, after deducting the issuance expenses of 184564600 yuan (excluding value-added tax), the net amount of funds raised was 38799354 million yuan. The availability of the above raised funds has been verified by ShineWing Certified Public Accountants (special general partnership) and issued the capital verification report of Lihuayi Weiyuan Chemical Co.Ltd(600955) initial raised funds (xyzh / 2021jnaa20195).
The company has stored the above-mentioned raised funds in a special account, and signed relevant regulatory agreements with the sponsor and the bank storing the raised funds. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on September 14, 2021 The announcement on the listing of Lihuayi Weiyuan Chemical Co.Ltd(600955) initial public offering of A-Shares disclosed.
2、 Basic information of investment projects with raised funds
The investment projects of the company’s raised funds and the use plan of the raised funds are as follows:
No. investment project of raised funds project investment plan simulation use of raised funds scale (10000 yuan) (10000 yuan)
135000t / a phenol, acetone and isopropanol joint project 98892006480000 mesh
2. 100000 t / a high purity dimethyl carbonate project 53819005381900
3 R & D center project 803 Enn Natural Gas Co.Ltd(600803) 600
4 Shanghai Pudong Development Bank Co.Ltd(600000) T / a propane dehydrogenation and 400000 T / a high performance 522818 Shenzhen Leaguer Co.Ltd(002243) 3854 energy polypropylene project
5. Supplementary working capital 370 Shenzhen Nanshan Power Co.Ltd(000037) 00000
Total 7205650038799354
As of September 15, 2021, the actual investment amount of the company’s self owned funds invested in the projects invested with raised funds in advance is RMB 94231474449, as follows:
No. total amount of self owned funds invested in advance by raised funds investment project (yuan) (yuan)
135000t / a phenol, acetone and isopropanol joint project 5458329364054583293640 items
2100000 t / a high purity dimethyl carbonate project 88903310108890331010
3 R & D center project 494248200494248200
4 Shanghai Pudong Development Bank Co.Ltd(600000) T / a propane dehydrogenation and 400000 T / a high performance polypropylene project
Total 94231474449
The total issuance expenses of the raised funds are RMB 18456456604 (excluding
As of September 15, 2021, the issuance fee paid by the company with self raised funds was RMB 651509421, and the amount to be replaced by the company was RMB 651509421. The details are as follows:
Item No. tax excluded amount self raised funds pre invested amount to be replaced (yuan) total amount (yuan)
1 underwriting and recommendation fees 161320754729433962394339623
2 audit, capital verification and evaluation expenses 962264151462264138462264138
3. Attorney fees 7028301893773584937735849
4. Information disclosure fee and issuance fee 6592867925716981157169811
Total 18456456604651509421651509421
3、 Basic information of cash management using idle raised funds and self owned funds this time
1. Purpose of cash management: the construction of the company’s fund-raising projects is advancing in an orderly manner. In order to improve the efficiency of fund use and make rational use of the idle raised funds, the company plans to use the idle raised funds for cash management without affecting the normal implementation progress of the fund-raising projects; At the same time, in order to make rational use of its own funds, on the premise of not affecting the daily operation capital demand and capital safety, using some temporarily idle own funds for cash management can increase the capital income and obtain a good return on investment for the company and shareholders.
2. Varieties of investment products of idle raised funds: high purchase safety, good liquidity, principal guaranteed deposit, etc.).
3. Varieties of self owned capital investment products: purchase investment products with high security and good liquidity (including but not limited to agreed deposits, large amount certificates of deposit that can be transferred at any time, structured deposits, financial products, etc.). 4. Investment quota and term: it is proposed to use idle raised funds with a maximum balance of no more than RMB 1.6 billion and self owned funds with a maximum balance of no more than RMB 2.9 billion for cash management. Among them, the investment term of cash management with raised funds shall not exceed 12 months and the investment term of cash management with self owned funds shall not exceed 36 months. Within the above limit, the funds can be recycled and used on a rolling basis. After the cash management of idle raised funds expires, the principal and income shall be returned to the special account for raised funds. 5. Validity period of the resolution: it shall be valid within 12 months from the date of deliberation and adoption by the general meeting of shareholders of the company. 6. Implementation method: the board of directors of the company authorizes the management and staff of the company to handle relevant matters and sign corresponding documents according to the actual situation. The specific matters shall be implemented by the financial department of the company.
7. Distribution of cash management income: the company uses part of the temporarily idle raised funds and its own funds for cash management, and the income obtained shall be owned by the company, and the funds shall be managed and used in strict accordance with the requirements of China Securities Regulatory Commission and Shanghai Stock Exchange on the regulatory measures for raised funds, After the cash management of idle raised funds expires, the principal and income will be returned to the special account for raised funds.
8. Information disclosure: the company will timely disclose the specific situation of the company’s cash management in accordance with the provisions of relevant laws and regulations such as the Listing Rules of Shanghai Stock Exchange, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies.
9. As of March 1, 2022, the company has used the raised funds for cash management in the last 12 months.
Amount: 10000 yuan
Serial No. financial product type actual investment actual recovery actual uncollected amount principal income principal amount
1 China China Construction Bank Corporation(601939) “customized unit of Shandong branch” 85 Renhe Pharmacy Co.Ltd(000650) 00 458.5120000 structured deposit 2021 issue 10
2 Bank Of China Limited(601988) linked structured deposits (institutional customers) 5500035000 189.5120000
China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative method
3. Civil currency structured deposit product – special account type, phase 316, 3 Fawer Automotive Parts Limited Company(000030) 000 L in 2021
China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative method
4 RMB structured deposit product – special account type No. 3161000094.45 in 2021 0
Installment H
China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative method
5 RMB structured deposit product – special account type 3242 Shenzhen China Bicycle Company (Holdings) Limited(000017) 7.80 in 2021 0
Installment H
China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative method
6 RMB structured deposit product – special account type 3331 Shenzhen Special Economic Zone Real Estate&Properties (Group).Co.Ltd(000029) .73 0 in 2021
Phase a
China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative method
7 RMB structured deposit product – special account type 3331 Shenzhen Ecobeauty Co.Ltd(000010) 000 50.96 0 in 2021
Installment e
8 Bank Of China Limited(601988) linked structured deposits (institutional customers) 10000 — 10000
9 China China Construction Bank Corporation(601939) Shandong branch unit RMB 2 Shenzhen Properties & Resources Development (Group) Ltd(000011) 7.59 0
Structured deposit
China Industrial And Commercial Bank Of China Limited(601398) linked exchange rate range cumulative method
10. RMB structured deposit
