Securities code: Shenzhen Kaizhong Precision Technology Co.Ltd(002823) securities abbreviation: Shenzhen Kaizhong Precision Technology Co.Ltd(002823) Announcement No.: 2022016 bond Code: 128042 bond abbreviation: Kaizhong convertible bond
Shenzhen Kaizhong Precision Technology Co.Ltd(002823)
On the termination of some initial public offering stock raising and investment projects
And permanently supplement the remaining raised funds with working capital
The company and all members of the board of directors guarantee that the content of information disclosure is true, accurate, complete and inaccurate
There are false records, misleading statements or major omissions.
Shenzhen Kaizhong Precision Technology Co.Ltd(002823) (hereinafter referred to as "the company") held the 8th meeting of the 4th board of directors on March 2, 2022, deliberated and adopted the proposal on terminating some projects invested by IPO and permanently replenishing the remaining raised funds with working capital, It is agreed to terminate the initial public offering investment project "new motor commutator project of Changsha Kaizhong Electric Technology Co., Ltd." and permanently supplement the working capital with the remaining raised capital 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 capital transfer out). The matter still needs to be submitted to the general meeting of shareholders for deliberation. The relevant matters are explained as follows:
1、 Basic information of funds raised from initial public offering
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:
No. project name total investment of project implementation subject total amount of raised funds to be invested (10000 yuan) (10000 yuan)
Shenzhen Shenzhen Kaizhong Precision Technology Co.Ltd(002823) Technology Co., Ltd. Shenzhen Shenzhen Kaizhong Precision Technology Co.Ltd(002823) technology share
27084292708429 base project of division 1 high end motor commutator industrialization and production Co., Ltd
Changsha Kaizhong Electric Technology Co., Ltd. motor Changsha Kaizhong Electric Technology Co., Ltd
2 rectifier new project company 23842101863064
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
Whether the investment progress (3) has been completed after the adjustment of the total cumulative investment amount of the funds raised by the committed investment project
Total investment (1) (2) = (2) / (1)
1. Shenzhen Shenzhen Kaizhong Precision Technology Co.Ltd(002823) Technology Co., Ltd
The industrialization of high-end motor commutator of Co., Ltd. 270842927084292717624 is 100.34%
And production base project
2. Changsha Kaizhong Electric Technology Co., Ltd. 186306418630641456652 78.19% no
New project of motor commutator
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. 44306606501161108663064 Tunghsu Azure Renewable Energy Co.Ltd(000040) 8358993 current company Shenzhen Xiangzhou sub branch 0182
Bank Of Ningbo Co.Ltd(002142) Co., Ltd. 730701220000939553073100000 - current
Shenzhen Bao'an sub branch
Bank Of China Limited(601988) Co., Ltd. 77056814382418459048606 - closed in 2018
Sinanyou sub branch
China China Construction Bank Corporation(601939) shares have 442501000106 Shenzhen Fountain Corporation(000005) 5 million.00 - closed in 2018
Shenzhen Shajing sub branch 980
Joint stock company ⑷ account cancellation ⑷ 2018 ⑷ 1200000
Shenzhen Science and Technology Park sub branch 71
The total funds raised from initial public offering and listing were 456627886064083058993
3. Surplus of raised funds
As of March 1, 2022, the company has invested 4174276 million yuan of raised funds, and the raised funds have been used exclusively
The balance of the account is 408306 million yuan (including the interest income of the special account), and the total amount of the remaining raised funds is 408306 million yuan
10000 yuan (the above data has not been audited).
The company will make rational use of the remaining raised funds according to the actual situation
The current replenishment 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、 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 "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.
6、 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, which met the regulatory guidelines for listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies Relevant laws, regulations and normative documents such as the guidelines for self-discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board, as well as the relevant provisions of the company's management system for raised funds, are conducive to improving the efficiency of fund use, optimizing the asset structure and resource allocation, and maximizing 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.
7、 Verification opinions of the recommendation institution
After verification, the sponsor China Securities Co.Ltd(601066) believes that the termination of the IPO raised 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, It needs to be submitted to the general meeting of shareholders of the company 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.
8、 Documents for future reference
1. Resolutions of the 8th meeting of the 4th board of directors;
2. Resolutions of the 7th Meeting of the 4th board of supervisors;
3. Independent opinions of independent directors on matters related to the eighth meeting of the Fourth Board of directors;
4. 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.
It is hereby announced.
Shenzhen Kaizhong Precision Technology Co.Ltd(002823) board of directors
March 3, 2022
