Securities code: Zhejiang Yonghe Refrigerant Co.Ltd(605020) securities abbreviation: Zhejiang Yonghe Refrigerant Co.Ltd(605020) Announcement No.: 2022018 Zhejiang Yonghe Refrigerant Co.Ltd(605020)
Report on the use of previously raised funds
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
In accordance with the provisions of the China Securities Regulatory Commission on the report on the use of the previously raised funds (Zheng Jian FA FA Zi [2007] No. 500), Zhejiang Yonghe Refrigerant Co.Ltd(605020) will report the use of the previously raised funds as of December 31, 2021 as follows:
1、 Basic information of previously raised funds
(I) amount of raised funds and time of receipt of funds
With the approval of the reply on approving Zhejiang Yonghe Refrigerant Co.Ltd(605020) initial public offering of shares (zjxk [2021] No. 2072) issued by the China Securities Regulatory Commission, the company issued 66670000 ordinary shares (A shares) to the public for the first time, with an issue price of 6.93 yuan per share and a total raised capital of 46202310000 yuan, After deducting the issuance expenses of RMB 4370250000 (excluding tax), the net amount of funds actually raised is RMB 41832060000.
The above raised funds were in place on July 6, 2021, which was verified by Lixin Certified Public Accountants (special general partnership) and issued the capital verification report (xksbz [2021] No. za15077). The company has stored the above-mentioned raised funds in a special account, and signed relevant regulatory agreements with the sponsor and the bank storing the raised funds.
(II) management system of raised funds
In accordance with the provisions of relevant laws, regulations and normative documents such as the measures for the administration of funds raised by listed companies of Shanghai Stock Exchange, and in combination with the actual situation of the company, the company has formulated the measures for the administration of the use of funds raised by the company before listing in July 2021, which was deliberated and adopted at the 16th meeting of the second board of directors of the company.
According to the management measures for the use of raised funds of the company and in combination with the management needs, on July 6, 2021, the company and the sponsor Citic Securities Company Limited(600030) (hereinafter referred to as the "sponsor") signed the tripartite supervision agreement for raised funds with China Merchants Bank Co.Ltd(600036) Quzhou sub branch, Bank Of Ningbo Co.Ltd(002142) Quzhou sub branch and Shanghai Pudong Development Bank Co.Ltd(600000) Quzhou sub branch of Co., Ltd. Since the company's fund-raising project was implemented in Shao wuyonghe Jintang new materials Co., Ltd. (hereinafter referred to as "Shao wuyonghe"), on July 23, 2021, the company, Shao wuyonghe and the sponsor signed the four party supervision agreement on fund-raising with Bank Of China Limited(601988) Quzhou sub branch and Industrial And Commercial Bank Of China Limited(601398) Quzhou sub branch respectively.
There is no significant difference between the main terms of the above regulatory agreement and the tripartite regulatory agreement on raised funds (model) published by Shanghai Stock Exchange. By the end of the reporting period, the company had stored, used and managed the raised funds in strict accordance with the provisions of the management measures for the use of the company's raised funds and the above three party (four party) supervision agreement for raised funds, and the performance of the three party (four party) supervision agreement for raised funds was good.
(III) use and balance of raised funds
As of December 31, 2021, the use and balance of raised funds are as follows:
Project amount (yuan)
The actual amount of raised funds received on July 6, 2021 was 43066310000
Less: issuance fee (excluding the recommendation and underwriting fee of sit down deduction) 1234250000
The net amount of funds actually raised on July 6, 2021 was 41832060000
Less: replacement of self raised funds invested in advance 16819528553
Less: as of December 31, 2021, use of raised funds 20066900699
Less: as of December 31, 2021, some idle raised funds were temporarily used to supplement working capital of 11000000000
Plus: as of December 31, 2021, it is temporarily used to supplement working capital and return the raised capital of 8000000000
Plus: deposit interest income as of December 31, 2021, less bank charges, etc. 131296878
As of December 31, 2021, the balance of the special account for raised funds was 2076927626
As of December 31, 2021, the storage of the company's special account for raised funds is as follows:
Unit: RMB
Deposit bank deposit subject bank account number initial deposit amount raised fund balance account
Frontal nature
China Merchants Bank Co.Ltd(600036) joint stock company 570900045710090915566310000 112.65 current account
Company Limited Quzhou Branch
Shanghai Pudong Development Bank Corporation 1381078801000101576200000 Shenzhen Fountain Corporation(000005) 5978945 current account
Bank of China Quzhou sub branch
Bank Of Ningbo Co.Ltd(002142) Quzhou Branch 920102200012496875000 China Vanke Co.Ltd(000002) 90930 current account
that 's ok
Bank Of China Limited(601988) shares include Shao wuyonghe 3779927115 - 93575821 current
Limited company
China Industrial And Commercial Bank Of China Limited(601398) shares Shao wuyonghe 12092800292 Ganfeng Lithium Co.Ltd(002460) 75 - 1927070665 current
Co., Ltd
Total 4306631 Shenzhen Zhongheng Huafa Co.Ltd(000020) 76927626
(I) comparison table of the use of the previously raised funds
Please refer to attached table 1 for the comparison table of the use of the previously raised funds.
(II) changes in the actual investment projects of the previously raised funds
As of December 31, 2021, the company has not changed the implementation location and implementation mode of the projects invested with raised funds.
(III) external transfer or replacement of investment projects with previously raised funds
1. External transfer of investment projects with previously raised funds
As of December 31, 2021, the company has not transferred the investment projects of the previously raised funds.
2. Advance investment and replacement of investment projects invested by the previously raised funds
On July 23, 2021, the company held the 13th meeting of the third board of directors, deliberated and approved the proposal on using the raised funds to replace the self raised funds invested in advance, and agreed to use the raised funds of RMB 1681953 million to replace the self raised funds invested in the projects invested in advance. The replacement time of the raised funds is less than 6 months from the arrival time of the raised funds, and the review procedures comply with the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of the raised funds of listed companies, the measures for the administration of the raised funds of listed companies of Shanghai Stock Exchange and other relevant provisions. The independent directors, the board of supervisors and the recommendation institution of the company have expressed their consent to the above matters. During the reporting period, the company has completed the above fund replacement work. The above matters have been verified by Lixin Certified Public Accountants (special general partnership) and issued the verification report of Zhejiang Yonghe Refrigerant Co.Ltd(605020) replacing self raised funds invested in the raised investment project in advance with raised funds (Xin Kuai Shi Bao Zi [2021] No. za15190). The sponsor Citic Securities Company Limited(600030) has verified the above matters, And issued the examination opinions of Citic Securities Company Limited(600030) on Zhejiang Yonghe Refrigerant Co.Ltd(605020) using the raised funds to replace the self raised funds invested in advance.
(IV) use of temporarily idle raised funds
1. Using idle raised funds to supplement working capital
On July 23, 2021, the company held the 13th meeting of the third board of directors and the 7th Meeting of the third board of supervisors, which respectively deliberated and approved the proposal on using some idle raised funds to temporarily supplement working capital, and agreed that the company should use idle raised funds of no more than 200 million yuan (including 200 million yuan) to temporarily supplement working capital, The service life shall not exceed 12 months from the date of deliberation and approval by the board of directors of the company. The company's independent directors, the board of supervisors and the recommendation institution all expressed their consent.
As of December 31, 2021, the company's temporary replenishment of working capital with idle raised funds is shown in the following table:
Temporary replenishment / return temporary replenishment amount (yuan) return amount (yuan) temporary replenishment balance (yuan)
time
2021-8-5 10,00000000 10,00000000
2021-8-6 30,00000000 40,00000000
2021-8-10 30,00000000 70,00000000
2021-8-11 10,00000000 80,00000000
202110-11 20,00000000 10000000000
202110-15 10,00000000 11000000000
202112-1 30,00000000 80,00000000
202112-14 30,00000000 50,00000000
202112-29 20,00000000 30,00000000
Total 110000 China High-Speed Railway Technology Co.Ltd(000008) 00000 Fawer Automotive Parts Limited Company(000030) 00000000
2. Investment in financial products with temporarily idle raised funds
The company does not use the temporarily idle raised funds to invest in financial products.
3. Unused raised funds
As of December 31, 2021, the unused amount of the funds raised from the initial public offering was 507693 million yuan (the difference from the net amount raised was 1.131 million yuan, which was the net interest income accumulated from the special account for raised funds), accounting for 12.14% of the net amount raised from the initial public offering, which was not used because the project was still under construction, And part of the temporary supplementary working capital has not been returned. Due to the use of raised funds to temporarily supplement the working capital balance of 30 million yuan, the book balance of the special account for raised funds at the end of the reporting period was 207693 million yuan.
3、 Economic benefits generated by the investment project with the previously raised funds
(I) comparison table of realized benefits of investment projects with previously raised funds
Please refer to attached table 2 for the comparison table of the realized benefits of the investment projects with the previously raised funds.
(II) the investment project of the previously raised funds cannot be invested separately
