Guoyuan Securities Company Limited(000728)
about
For Shanghai Precise Packaging Co.Ltd(300442)
Target company of major asset restructuring
Runze Technology Development Co., Ltd
Capitalization of interest expense
of
Special verification report
Independent financial advisor
Date of signature: December, 2001
Guoyuan Securities Company Limited(000728) about Shanghai Precise Packaging Co.Ltd(300442)
Runze Technology Development Co., Ltd., the subject of major asset restructuring
Special verification report involving capitalization of interest expenses
Shenzhen Stock Exchange:
According to the requirements of the second round of audit inquiry letter on Shanghai Precise Packaging Co.Ltd(300442) application for major asset replacement, issuance of shares to purchase assets, raising supporting funds and related party transactions (audit letter [2021] No. 030020, hereinafter referred to as the "second round inquiry letter") issued by your exchange on November 5, 2021, Guoyuan Securities Company Limited(000728) (hereinafter referred to as " Guoyuan Securities Company Limited(000728) " or "independent financial consultant") on Shanghai Precise Packaging Co.Ltd(300442) Runze Technology Development Co., Ltd. (hereinafter referred to as "target company" or "Runze technology"), the subject company of major asset restructuring, conducted a special audit on the capitalization of interest expenses in 2018, 2019, 2020 and January October 2021 (hereinafter referred to as "reporting period"). The specific verification is as follows:
Unless otherwise specified, the words or abbreviations described in this special verification report have the same meaning as the words or abbreviations defined in the report on Shanghai Precise Packaging Co.Ltd(300442) major asset replacement, issuing shares to purchase assets and raising supporting funds and connected transactions (Draft).
1、 Capitalization of interest expenses of the subject company during the reporting period
During the reporting period, the capital investment of the project under construction of the subject company mainly came from its own funds and bank loans. For the bank loan corresponding to the construction in progress, the subject company shall calculate the interest capitalization amount of each period in accordance with the relevant provisions of the accounting standards for Business Enterprises No. 17 - borrowing costs.
The capitalization of interest expenses of the subject company during the reporting period is as follows:
Unit: 10000 yuan
January October 2021
Project Name: increase in current period of construction in progress, including: interest capital, period end balance, opening balance, capitalized amount
Data center a86590.2842939.352083.86-49529.64
Data center a94720.6911309.723704.08-16030.41
Data center a115434.3711375.664136.09-16810.03
Data center a124842.9113834.995964.99-18677.90
Chongqing data center 4355.648135.57654 75-12,491.20
Pinghu data center 3536.1144057.99101 94-47,594.10
Huizhou data center 14.1610571.92364 51-10,586.09
Other data centers 293.5013344.24170 71-13,637.73
Other works 4451.7918398.4046 707,839.3915,010.80
Total 34239.45173967.8417227.637839.39 200367.90
2020
Project Name: increase in current period of construction in progress, including: interest capital, period end balance, opening balance, capitalized amount
Data center a342145.2529846.173067.7971991.42-
Data center a1813320.4149406.076957.3162726.47-
Data center a911 794,708.902,344.25-4,720.69
Data center a1111 795,422.582,664.45-5,434.37
Data center a1211 794,831.112,964.42-4,842.91
Total 55501.0494214.8317998.22134717.9014997.97
2019
Project Name: increase in current period of construction in progress, of which: interest capital transferred to fixed assets in the current period / minus the balance at the end of the period, the amount of principal at the beginning of the balance is less
Complex engineering 96877.5124586.923967.78121464.44 note-
Data center a310597.8731907.546091.84360 1642,145.25
Data center a613409.0341028.071549.9754437.10-
Data center a18834 5512,485.861,708.20-13,320.41
Total 121718.97110008.3913317.80176261.7055465.66
2018
Project Name: increase in current period of construction in progress, including: interest capital, period end balance, opening balance, capitalized amount
Complex works 71613.9925263.535315.46-96877.51
Data center a3-10597.873156.53-10597.87
Data center a658 2513,350.783,270.25-13,409.03
Data center a218157.0942161.25483 7760,318.34-
Total 89829.3391373.4312226.0060318.34120884.42
Note: in 2019, the complex project was the divestiture of assets, resulting in a decrease of 1214644400 yuan.
2、 Verification of interest expense capitalization
(i) Verification of rationality and sufficiency of capitalization basis
Due to the difference in the calculation method of interest capitalization amount between special loans and general loans, first classify the loan nature of each loan in the reporting period. Special borrowings refer to the funds specially borrowed for the acquisition and construction or production of assets eligible for capitalization.
The division principle of the target company is that the purpose of the loan is to purchase and build long-term assets, and the loan is recognized as special loan. Obtain all loan contracts related to interest capitalization during the reporting period, check the purpose of loan funds one by one, and review the nature of the loan.
The basic information and nature of the loan contract during the reporting period are summarized as follows:
Unit: 10000 yuan
Check the situation
borrow
Whether the project loan contract funds
Loan contract no. of the project unit loan term principal loan purpose special loan amount voucher check proportion of the check loan to the annex result copies
number
A2 data Huaxia is used for the bank check of A-2 data center project. According to the Bank of China yyb2210220160033217 / 1 / 12-2022 / 1 / 1280000.00, the project funds, equipment funds and materials are 180000.00, and the receipt is 100%
Loans from other banks
Bank contract Minmetals 2018 / 2 / 9-2024 / 1 / 3140000.00 special for the construction of Runze international 40000.00 receipt
