China Securities Co.Ltd(601066)
About Shenzhen Kaizhong Precision Technology Co.Ltd(002823)
Termination of some IPO projects
And permanently supplement the remaining raised funds with the verification opinions of working capital
China Securities Co.Ltd(601066) (hereinafter referred to as " China Securities Co.Ltd(601066) securities" or "sponsor") as the continuous supervision organization of Shenzhen Kaizhong Precision Technology Co.Ltd(002823) (hereinafter referred to as " Shenzhen Kaizhong Precision Technology Co.Ltd(002823) " or "company"), In accordance with the requirements of relevant laws, regulations and normative documents such as the measures for the administration of securities issuance and listing recommendation business, the stock listing rules of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board, and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 13 - recommendation business, Checked the situation that Shenzhen Kaizhong Precision Technology Co.Ltd(002823) terminated some IPO projects and permanently supplemented the remaining raised funds with working capital, and issued the following verification opinions: I. Basic information of IPO funds
Approved by the reply on approving Shenzhen Kaizhong Precision Technology Co.Ltd(002823) initial public offering of shares (zjxk [2016] No. 2433) of China Securities Regulatory Commission, the company publicly issued 3 Shanghai Pudong Development Bank Co.Ltd(600000) 0 RMB common shares (A shares) to the public at Shenzhen Stock Exchange in November 2016, with an issue price of 13.73 yuan / share and a total raised capital of 49428000000 yuan, After deducting the issuance expenses of RMB 3765211394, the net amount of funds actually raised was RMB 45662788606.
The arrival time of the raised funds is November 21, 2016. The availability of the raised funds has been verified by Tianzhi International Certified Public Accountants (special general partnership), and the capital verification report No.: Tian Ye Zi [2016] No. 16701 was issued on November 21, 2016.
The raised funds are used to invest in the following projects. The specific investment conditions are as follows:
Project name total investment of the project implementation subject total amount of funds to be raised (10000 yuan)
Shenzhen Shenzhen Kaizhong Precision Technology Co.Ltd(002823) Technology Co., Ltd. has Shenzhen Shenzhen Kaizhong Precision Technology Co.Ltd(002823) Technology Co., Ltd
2708429 high end motor manufacturing base and subsidiaries
2 Changsha Kaizhong Electric Technology Co., Ltd. Changsha Kaizhong electric technology 23842101863064 motor commutator new project Co., Ltd
Total 50926394571493
2、 Use and surplus of funds raised by initial public offering
1. Use of raised funds
As of March 1, 2022, the use of funds raised by the company's initial public offering of shares is as follows: unit: 10000 yuan
Investment progress of the accumulated investment of the raised funds of the committed investment project after adjustment (3) whether the total amount of committed investment is implemented (1) amount (2) = (2) / (1) completed
1. Shenzhen Shenzhen Kaizhong Precision Technology Co.Ltd(002823) technology unit
Share Co., Ltd. high end motor rectifier 270842927084292717624 100.34%
Sub industrialization and production base project
Changsha Zhongkai Technology Co., Ltd
New motor commutator project of the company
Total 45714934174276
2. Storage of raised funds in special account
As of March 1, 2022, the storage of raised funds is listed as follows:
Unit: RMB
Bank name account number initial deposit amount deadline balance storage method
1. Funds raised through initial public offering and listing
Bank Of Communications Co.Ltd(601328) Co., Ltd. 4430660650116663064 Tunghsu Azure Renewable Energy Co.Ltd(000040) 8358993 current
Shenzhen Xiangzhou sub branch 11080182
Bank Of Ningbo Co.Ltd(002142) Co., Ltd. 730701220 Cofco Biotechnology Co.Ltd(000930) 73100000 - current
Shenzhen Bao'an sub branch 3955
Bank Of China Limited(601988) Co., Ltd. 77056814382418459048606 - account cancellation of sinayou sub branch in 2018
China China Construction Bank Corporation(601939) shares have 44250100010 Forest Packaging Group Co.Ltd(605500) 000000 - 2018 account cancellation Co., Ltd. Shenzhen Shajing sub branch 0 Zotye Automobile Co.Ltd(000980)
Bank Of Shanghai Co.Ltd(601229) Co., Ltd. 003929340 Boomsense Technology Co.Ltd(300312) 000000000 - account cancellation division Shenzhen Science Park sub branch 058971 in 2018
The funds raised from the initial public offering and listing amounted to 456627886064083058993
meter
3. Surplus of raised funds
As of March 1, 2022, the company has invested 4174276 million yuan of raised funds, the balance of the special account for raised funds is 408306 million yuan (including the interest income of the special account), and the total remaining raised funds is 408306 million yuan (the above data has not been audited).
The company will reasonably use the remaining raised funds according to the actual situation, and the above supplementary flow funds will be used for the company's daily production and operation.
After the permanent replenishment of working capital with the remaining raised funds is completed, the relevant special account for raised funds will not be used, and the company will go through the account cancellation procedures. After the cancellation of the special account, the supervision agreement on raised funds signed by the company with the recommendation institution and the deposit bank shall be terminated accordingly.
3、 The main reasons for terminating some raised investment projects and permanently replenishing the remaining raised funds
Due to the early planning of the "new motor commutator project of Changsha Kaizhong Electric Technology Co., Ltd." and the subsequent impact of the cycle of the automobile industry, the demand growth of the downstream market slows down. At present, the company has sufficient commutator capacity. At the same time, the company's business of new energy, three electricity components and imported substitute new products is growing rapidly, which requires R & D and mass production resources. In order to support the company's development strategy and long-term high-quality development, improve the investment efficiency of raised funds and ensure the interests of all shareholders, the company plans to terminate the "motor commutator new project of Changsha Kaizhong Electric Technology Co., Ltd." raised and invested by IPO, and permanently supplement the remaining raised funds with working capital.
4、 Impact of this event on the company
The termination of the fund-raising investment project "new motor commutator project of Changsha Kaizhong Electric Technology Co., Ltd." is made prudently according to the development and changes of the objective and actual situation of the market, which is in line with the actual situation of the company's production and operation and will not have a significant adverse impact on the company's production and operation. At the same time, the company will permanently supplement the working capital with the above-mentioned remaining raised funds for the production and operation activities related to the company's main business, which can not only improve the use efficiency of the raised funds, but also help the company realize the current development and future layout, and promote the sustainable and stable development of the company's business.
5、 Internal review procedures and special opinions of the company
1. Deliberation of the board of directors
The company held the 8th meeting of the 4th board of directors on March 2, 2022, deliberated and approved the proposal on terminating some IPO equity investment projects and permanently replenishing the remaining raised funds with working capital, and agreed to terminate the IPO equity investment project "new motor commutator project of changshakaizhong Electric Technology Co., Ltd.", And permanently replenish the remaining raised funds of 408306 million yuan (including interest income, and the actual amount shall be subject to the balance of the special account on the day of fund transfer out). The matter still needs to be submitted to the general meeting of shareholders for deliberation. 2. Independent opinions of independent directors
After verification, the independent directors of the company believe that: the company terminates the IPO raised investment project "new motor commutator project of Changsha Kaizhong Electric Technology Co., Ltd." and permanently replenishes the remaining raised funds with working capital, which meets the needs of the company's operation and development, is conducive to improving the use efficiency of the raised funds and will not have an adverse impact on the company's production and operation, There is no situation that damages the interests of minority shareholders. The approval of this matter has fulfilled the necessary procedures and complies with the provisions of relevant laws and regulations. We agree to terminate the IPO investment project "new motor commutator project of Changsha Kaizhong Electric Technology Co., Ltd." and permanently supplement the remaining raised funds with working capital.
3. Opinions of the board of supervisors
After review, the board of supervisors held that the company terminated the IPO raised investment project "new motor commutator project of Changsha Kaizhong Electric Technology Co., Ltd." and permanently supplemented the remaining raised funds with working capital, Comply with relevant laws, regulations and normative documents such as guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies, guidelines for the self discipline supervision of listed companies No. 1 - standardized operation of listed companies on the main board of Shenzhen Stock Exchange, as well as the relevant provisions of the company's management system for raised funds, which is conducive to improving the efficiency of fund use, Optimize the asset structure and resource allocation to maximize the interests of the company and shareholders. The board of supervisors agreed to terminate the IPO raised investment project "new motor commutator project of Changsha Kaizhong Electric Technology Co., Ltd." and permanently supplement the remaining raised funds with working capital.
6、 Verification opinions of the recommendation institution
After verification, the sponsor believes that the termination of the initial public offering investment project "new motor commutator project of Changsha Kaizhong Electric Technology Co., Ltd." and the permanent supplement of the remaining raised funds to the working capital have been deliberated and approved by the board of directors and the board of supervisors, and all independent directors have expressed their independent opinions with explicit consent, which need to be submitted to the general meeting of shareholders for deliberation; The above matters are conducive to improving the efficiency of capital use, in line with the company's development strategy, in line with the relevant provisions of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders. In conclusion, the sponsor agrees to terminate the IPO raised investment project "motor commutator new project of Changsha Kaizhong Electric Technology Co., Ltd." and permanently supplement the remaining raised funds with working capital.
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(there is no text on this page, which is the signature and seal page of China Securities Co.Ltd(601066) verification opinions on Shenzhen Kaizhong Precision Technology Co.Ltd(002823) terminating some IPO projects and permanently replenishing the remaining raised funds into working capital)
Signature of sponsor representative:
Peng Huan, Yu Peng
China Securities Co.Ltd(601066) mm / DD / yyyy
