catalogue
1、 Assurance report on the annual deposit and use of raised funds Page 1-2 II. Special report on the annual deposit and use of raised funds……………….. page 3-8
Verification report on annual deposit and use of raised funds
TJS [2022] No. 2-17
Willfar Information Technology Co.Ltd(688100) all shareholders:
We have verified the attached special report on the annual deposit and use of raised funds in 2021 prepared by the board of directors of Willfar Information Technology Co.Ltd(688100) (hereinafter referred to as Willfar Information Technology Co.Ltd(688100) company).
1、 Restrictions on the users and purposes of the report
This assurance report is only used for the disclosure of the annual report of Willfar Information Technology Co.Ltd(688100) company and shall not be used for any other purpose. We agree to take this assurance report as a necessary document of Willfar Information Technology Co.Ltd(688100) company’s annual report, submit it together with other documents and disclose it to the public.
2、 Responsibilities of the board of directors
The board of directors of Willfar Information Technology Co.Ltd(688100) company is responsible for providing true, legal and complete relevant materials, preparing the special report on the annual deposit and use of raised funds in accordance with the self regulatory guidelines for companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation (SZF [2022] No. 14) and relevant format guidelines, and ensuring that its contents are true and accurate Accurate and complete, without false records, misleading statements or major omissions.
3、 Responsibilities of Certified Public Accountants
Our responsibility is to independently put forward the assurance conclusion of the above report prepared by the board of directors of Willfar Information Technology Co.Ltd(688100) company on the basis of the implementation of the assurance work.
4、 Job overview
We have carried out the assurance business in accordance with the provisions of the practice standards of Chinese certified public accountants. The Chinese CPA practice standards require us to plan and implement the assurance work to obtain reasonable assurance about whether the information of the assurance object is free from material misstatement. In the assurance process, we have implemented procedures that we consider necessary, including checking accounting records. We believe that our assurance work provides a reasonable basis for expressing opinions.
5、 Assurance conclusion
We believe that the 2021 special report on the annual deposit and use of raised funds prepared by the board of directors of Willfar Information Technology Co.Ltd(688100) company complies with the provisions of self regulatory guidelines for companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation (SZF [2022] No. 14) and relevant format guidelines, It truthfully reflects the actual deposit and use of the funds raised by Willfar Information Technology Co.Ltd(688100) company in 2021. Tianjian Certified Public Accountants (special general partnership) Chinese certified public accountant:
Hangzhou, China Certified Public Accountant:
February 25, 2002
Willfar Information Technology Co.Ltd(688100)
Special report on the annual storage and use of raised funds
According to the self regulatory guidelines for companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation (SZF [2022] No. 14) and relevant format guidelines issued by Shanghai Stock Exchange, the deposit and use of the company’s raised funds in 2021 are specifically described as follows.
1、 Basic information of raised funds
（1） Actual amount of raised funds and time of fund arrival
According to the reply on Approving the registration of Willfar Information Technology Co.Ltd(688100) initial public offering shares (zjxk [2019] No. 2921) issued by China Securities Regulatory Commission, the company’s lead underwriter China International Capital Corporation Limited(601995) publicly issued 50 million RMB ordinary shares (A shares) to the public by means of inquiry, with an issue price of RMB 13.78 per share, A total of 689 million yuan was raised, and 6339489 million yuan was raised after deducting 550511 million yuan of underwriting and recommendation expenses (excluding value-added tax), which was remitted to the raised funds supervision account of the company by the lead underwriter China International Capital Corporation Limited(601995) on January 13, 2020. In addition, after deducting the additional external expenses directly related to the issuance of equity securities such as online issuance fee, prospectus printing fee, reporting accountant fee, lawyer fee and evaluation fee of RMB 23.115 million (excluding value-added tax), the net capital raised by the company this time is RMB 618339 million. The availability of the above-mentioned raised funds has been verified by Tianjian Certified Public Accountants (special general partnership) and issued a capital verification report (Tianjian Yan [2020] No. 2-5).
（2） Use and balance of raised funds
Monetary unit: RMB 10000
Item No. amount
Net amount of raised funds a 6108339
Project investment B11931267 accumulated amount as of the beginning of the period
Net interest income B2 124031
Project investment C1 853502 current amount
Net interest income C2 931.16
Item No. amount
Project investment D1 = B1 + C12784769 accumulated amount by the end of the period
Net interest income D2 = B2 + C2 217147
Balance of raised funds to be raised e = a-d1 + D23540717
Actual balance of raised funds f 3540717
Difference g = E-F
2、 Management of raised funds
（1） Management of raised funds
In order to standardize the management and use of raised funds, improve the efficiency and efficiency of fund use, and protect the rights and interests of investors, In accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the Listing Rules of Kechuang board of Shanghai Stock Exchange (revised in December 2020) (SZF [2020] No. 101) and the self regulatory guidelines for Kechuang board listed companies of Shanghai Stock Exchange No. 1 – standardized operation (SZF [2022] No. 14) and other relevant laws In accordance with the provisions of laws and regulations and normative documents, and in combination with the actual situation of the company, the measures for the management of Willfar Information Technology Co.Ltd(688100) raised funds (hereinafter referred to as the management measures) are formulated.
In accordance with the administrative measures, the company has implemented a special account for the raised funds, set up a special account for the raised funds in the bank, and signed the tripartite supervision agreement for the raised funds with Bank Of Communications Co.Ltd(601328) Hunan Branch, China Construction Bank Corporation(601939) Hunan Branch, Export Import Bank of China Hunan branch and China Minsheng Banking Corp.Ltd(600016) Changsha branch together with the sponsor China International Capital Corporation Limited(601995) on January 14, 2020, It defines the rights and obligations of all parties. On April 20, 2020, the company and its wholly-owned subsidiary Hunan Weiming Energy Technology Co., Ltd. (hereinafter referred to as Weiming energy) signed the four party supervision agreement on the storage of special account for raised funds with China Merchants Bank Co.Ltd(600036) Changsha Dahexi pilot district sub branch and the sponsor China International Capital Corporation Limited(601995) respectively. On July 22, 2020, the company and its wholly-owned subsidiary Zhuhai Zhonghui Microelectronics Co., Ltd. (hereinafter referred to as Zhuhai Zhonghui) signed the four party supervision agreement on the storage of special account for raised funds with Bank Of Communications Co.Ltd(601328) Hunan branch and the sponsor China International Capital Corporation Limited(601995) respectively, clarifying the rights and obligations of all parties. There is no significant difference between the tripartite regulatory agreement and the model tripartite regulatory agreement of Shanghai Stock Exchange, and the company has strictly complied with the raised funds.
（2） Storage of raised funds in special account
As of December 31, 2021, the company has 6 special accounts for raised funds, and the deposits of raised funds are as follows:
Monetary unit: RMB
Remarks on the balance of raised funds in the account number of the deposit bank
Bank Of Communications Co.Ltd(601328) Hunan Branch 43140888013 Hainan Ruize New Building Material Co.Ltd(002596) 6916850185728 current Bank Changsha Gaoqiao sub branch 4314088801 Dingli Corp.Ltd(300050) 0654263975141 current bank
China Construction Bank Corporation(601939) Hunan 430501863936 China Vanke Co.Ltd(000002) 6512351592658 current provincial branch business department Changsha Changjia sub branch
Export Import Bank of China Hunan Branch 209 Shenzhen Ecobeauty Co.Ltd(000010) 0 Tongyu Communication Inc(002792) 61451342451 current account
China Minsheng Banking Corp.Ltd(600016) Changsha 63173487336072410 current branch business department
China Merchants Bank Co.Ltd(600036) Changsha Dahe 7319 Addsino Co.Ltd(000547) 107075453999627 current west pilot area sub branch
Total 35407168015
3、 Actual use of raised funds this year
（1） Comparison table of use of raised funds
See Annex 1 of this report for the comparison table of the use of raised funds.
（2） Description of abnormal conditions in the project invested by raised funds
There are no abnormalities in the investment projects of the company with raised funds.
（3） Description of the situation that the benefits of the investment projects with raised funds cannot be calculated separately
The production expansion and technical transformation project of monitoring equipment in the perception layer of the Internet of things, the production expansion and technical transformation project of fluid sensing equipment in the perception layer of the Internet of things, and the production expansion and technical transformation project of products in the network layer of the Internet of things have not reached the predetermined usable state, so its benefits cannot be calculated separately for the time being.
The project of Internet of things comprehensive R & D center is mainly for the company to expand R & D capacity, which does not directly generate economic benefits and cannot be calculated separately.
Supplementary working capital project, which provides reliable cash flow for the company’s business activities and financial support for the company’s development, does not directly generate economic benefits and cannot be calculated separately.
4、 Change the use of funds for investment projects with raised funds
This year, the company did not change the investment projects of raised funds.
5、 Problems in the use and disclosure of raised funds
This year, there were no major problems in the use and disclosure of the raised funds of the company.
6、 Other
On December 22, 2021, the company held the 10th meeting of the second board of directors and the 9th meeting of the second board of supervisors, deliberated and approved the proposal on adjusting the internal investment structure of raised investment projects, the extension of raised investment projects, the implementation subject and place of new raised investment projects, and agreed to adjust the internal investment structure of raised investment projects and extend each raised investment project, Zhuhai Zhonghui Microelectronics Co., Ltd., a wholly-owned subsidiary, is added as the implementation subject of the raised investment project “Internet of things comprehensive R & D center project”. The corresponding new implementation location is No. 19, Keji 6th Road, science and Technology Innovation Coast, Zhuhai national high tech Zone, and the raised funds are used to increase capital of 50 million yuan to Zhuhai Zhonghui Microelectronics Co., Ltd. to implement the raised investment project.
Attachment: 1 Comparison table of use of raised funds
Willfar Information Technology Co.Ltd(688100) February 25, 2002 Annex 1
Comparison table of use of raised funds
Year 2021
Prepared by: Willfar Information Technology Co.Ltd(688100)
