Securities code: Hunan Sokan New Materials Co.Ltd(688157) securities abbreviation: Hunan Sokan New Materials Co.Ltd(688157) Announcement No.: 2022006 Hunan Sokan New Materials Co.Ltd(688157)
Comparison between the deposit and actual use of raised funds in 2021
Special report
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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law. According to the requirements of the guidelines for the application of self regulatory rules for companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation and relevant format guidelines, the board of directors of Hunan Sokan New Materials Co.Ltd(688157) (hereinafter referred to as “the company” or “the company”) explains the special report on the deposit and actual use of raised funds in 2021 as follows:
1、 Basic information of raised funds
(I) actual amount of funds raised and time of funds in place
With the approval of China Securities Regulatory Commission (hereinafter referred to as the “CSRC”) on the approval of Hunan Sokan New Materials Co.Ltd(688157) initial public offering registration (zjxk [2020] No. 831) and Shanghai Stock Exchange, the company publicly issued 19.9 million ordinary shares (A shares) with a par value of RMB 1.00 per share, The issue price per share is 34.48 yuan, and the total amount of funds raised in this public offering is 68615200000 yuan. The underwriting fee and recommendation fee deducted by the lead underwriter Debang Securities Co., Ltd. totaled 5176023635 yuan, and the balance of 63439176365 yuan was remitted to the special account for raised funds opened by the company in China Minsheng Banking Corp.Ltd(600016) Changsha Dongtang sub branch through Debang Securities Co., Ltd. on June 2, 2020. After deducting underwriting and recommendation fees, lawyer fees, audit and verification fees, information disclosure fees, exchange handling fees and other expenses, the total amount is 6712568524 yuan (excluding value-added tax input tax), and the net amount of funds actually raised is 61902631476 yuan.
All the raised funds were in place on June 2, 2020. Tianzhi International Certified Public Accountants (special general partnership) verified the availability of the raised funds on June 2, 2020 and issued the capital verification report (Tian Zhi Ye Zi [2020] No. 29927).
(II) use and balance of raised funds
As of December 31, 2021, the company has used 13924668771 yuan for projects invested by raising funds, and the balance of raised funds not used at the end of the period is 49734422112 yuan.
The use and balance of raised funds in this period are as follows:
Unit: RMB
Amount of the project in the report period from December 31, 2020 to December 31, 2021
Net raised funds 6190263147661902631476
Plus: interest income from deposits of raised funds 62813355566162081628975436
Interest income from financial products 3864480987417834411128231539
Less: invested amount of raised investment project (excluding the issuance fee paid by 6114904825780976394613924668771)
Handling fee expenditure 182808564760747568
The balance of raised funds not used at the end of the period was 56236805296 -650238318449734422112
Including: deposit balance of special account 392368052961049761681649734422112
Balance of financial products 17000000000 -17000000000 –
2、 Management of raised funds
(I) management system of raised funds
The company has formulated in accordance with the requirements of the company law, the securities law, 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 by listed companies, and the guidelines for the application of self regulatory rules for listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation The management system of the company’s raised funds (hereinafter referred to as the “management system”) implements a special account storage system for the raised funds, and stipulates the storage and use of the raised funds, the management of project implementation, the change of investment projects and the supervision of use. According to the requirements of the management system, the board of directors of the company approved the opening of a special bank account, which is only used for the storage and use of the company’s raised funds and not for other purposes. (II) tripartite supervision agreement of raised funds
In accordance with the requirements of Shanghai Stock Exchange and relevant regulations, the company and the sponsor Debon Securities Co., Ltd. have signed agreements with Bank Of China Limited(601988) Ningxiang sub branch, China Minsheng Banking Corp.Ltd(600016) Changsha Dongtang sub branch, China Merchants Bank Co.Ltd(600036) Changsha Xiangfu sub branch, Shanghai Pudong Development Bank Co.Ltd(600000) Changsha Kechuang NEW material sub branch, Shanghai Pudong Development Bank Co.Ltd(600000) Changsha Jingwanzi sub branch Bank Of Changsha Co.Ltd(601577) Lushan sub branch signed the tripartite supervision agreement on the storage of special account for raised funds. There is no significant difference between the tripartite regulatory agreement and the model tripartite regulatory agreement of Shanghai Stock Exchange, and the tripartite regulatory agreement has been effectively implemented.
As of December 31, 2021, the special account for deposit of raised funds opened by the company is as follows:
Bank account number and account type of deposit bank
China Merchants Bank Co.Ltd(600036) Changsha Xiangfu sub branch 731906780510301 general account
Shanghai Pudong Development Bank Co.Ltd(600000) Changsha Kechuang new material sub branch 662200788011 Shenzhen Quanxinhao Co.Ltd(000007) 95 general account
China Minsheng Banking Corp.Ltd(600016) Changsha Dongtang sub branch 632038075 general account
Bank Of China Limited(601988) Ningxiang sub branch 589875457421 general account
Shanghai Pudong Development Bank Co.Ltd(600000) Changsha Jingwanzi sub branch 660900788013 Shenzhen Quanxinhao Co.Ltd(000007) 43 general account
Bank Of Changsha Co.Ltd(601577) Lushan sub branch 8 China Vanke Co.Ltd(000002) 05617 Ping An Bank Co.Ltd(000001) general account
(III) storage of raised funds in special account
As of December 31, 2021, the deposit balance of the special account for the deposit of raised funds is as follows:
Monetary unit: RMB
Deposit method balance of bank account number of deposit bank
China Merchants Bank Co.Ltd(600036) Changsha Xiangfu
731906780510301 current 4677078553 sub branch Shanghai Pudong Development Bank Co.Ltd(600000)
662200788011 Shenzhen Quanxinhao Co.Ltd(000007) 95 current 9743841496 Changsha Kechuang new material sub branch China Minsheng Banking Corp.Ltd(600016) Changsha
632038075 current 17967912408 Dongtang sub branch
Bank Of China Limited(601988) Ningxiang sub branch 589875457421 current 2394052301
Shanghai Pudong Development Bank Co.Ltd(600000)
660900788013 Shenzhen Quanxinhao Co.Ltd(000007) 43 current 9854095566 Changsha Jingwanzi sub branch
Bank Of Changsha Co.Ltd(601577) Lushan sub branch 8 China Vanke Co.Ltd(000002) 05617 Ping An Bank Co.Ltd(000001) current 5097441788
Total 49734422112
3、 Actual use of raised funds in 2021
(I) use of funds for investment projects with raised funds
For the comparison table of the actual use of the company’s raised funds in 2021, see Annex 1 comparison table of the use of raised funds in 2021 to this report.
(II) initial investment and replacement of raised investment projects
On July 7, 2020, the company held the 13th meeting of the first board of directors and the 10th meeting of the first board of supervisors, and agreed that the company would use the raised funds of RMB 466538584 to replace the self raised funds invested in the raised project in advance and pay the issuance expenses. Tianzhi International Certified Public Accountants (special general partnership) certified that the self raised funds of the project were used for the raised investment projects, and issued the special assurance report on replacing the funds invested in the raised investment projects in advance and paying the issuance expenses with the raised funds (tzyz [2020] No. 32041). The above self raised funds of 91670666 yuan invested in the raised project in advance and 374867918 yuan paid for the issuance cost have been replaced in August 2020.
(III) cash management of idle raised funds
On July 7, 2020, the company held the 13th meeting of the first board of directors and the 10th meeting of the first board of supervisors, and agreed that the company would use the temporarily idle raised funds with an amount not exceeding RMB 58000000000 for cash management, which would be effective within 12 months from the date of deliberation and approval by the board of directors. Within the above-mentioned limit and term, the funds can be recycled and used in a rolling manner.
On June 22, 2021, the company held the fifth meeting of the second board of directors and the third meeting of the second board of supervisors, and agreed that the company would use the temporarily idle raised funds with an amount not exceeding RMB 550000000000 for cash management, which would be effective within 12 months from the date of deliberation and approval by the board of directors. Within the above-mentioned limit and term, the funds can be recycled and used in a rolling manner.
The company signed the relevant documents of the purchase principal guaranteed financial management agreement with the bank storing the raised funds, and purchased the principal guaranteed financial products with high security and good liquidity. As of December 31, 2021, the company used idle raised funds for cash management, and the balance was 0 yuan.
4、 Change the use of funds of raised investment projects
The investment projects of the company’s raised funds in 2021 have not changed.
5、 Problems in the use and disclosure of raised funds
The company has been timely, true and accurate in accordance with the relevant provisions of the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies, the guidelines for the application of self regulatory rules for listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation, and the Listing Rules of shares on the science and Innovation Board of Shanghai Stock Exchange Fully disclosed the deposit and actual use of the raised funds of the company. The company has faithfully fulfilled its obligation to disclose the investment direction and progress of the raised funds.
6、 Description of special opinions
(I) concluding comments on the assurance report issued by the accounting firm on the deposit and use of the company’s annual raised funds
Tianzhi International Certified Public Accountants (special general partnership) believes that: Hunan Sokan New Materials Co.Ltd(688157) the special report on the deposit and actual use of the company’s raised funds in 2021 prepared by the management is prepared in accordance with the application of self regulatory rules for companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation and relevant format guidelines, It fairly reflects the deposit and use of the raised funds in Hunan Sokan New Materials Co.Ltd(688157) 2021 in all major aspects.
(II) concluding comments on the special verification report issued by the recommendation institution on the deposit and use of the company’s annual raised funds
Upon verification, deppon Securities Co., Ltd. believes that the deposit and actual use of the raised funds of the company in 2021 comply with the Listing Rules of the science and Innovation Board of Shanghai Stock Exchange, the measures for the administration of the raised funds of listed companies of Shanghai Stock Exchange (revised in 2013), and the regulatory guidelines for listed companies No. 2 – regulatory requirements for the management and use of the raised funds of the company Guidelines for the application of self regulatory rules for companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation《
