Verification opinions on the non-public offering of shares to raise funds for investment projects in Hunan Yussen Energy Technology Co.Ltd(002986) 2022 not belonging to the "two high policies"
Anxin Securities Co., Ltd. (hereinafter referred to as "Anxin securities" and "sponsor") as a sponsor to be employed by Hunan Yussen Energy Technology Co.Ltd(002986) (hereinafter referred to as " Hunan Yussen Energy Technology Co.Ltd(002986) " or "company") for non-public offering of shares in 2022, according to the Guiding Catalogue for industrial structure adjustment (2019 version) The notice on Issuing the benchmark level and benchmark level of energy efficiency in key areas of high energy consuming industries (2021 version), the guiding opinions on strengthening the prevention and control of ecological environment sources of high energy consuming and high emission construction projects and other relevant provisions, The company has carefully checked whether the first phase of the light hydrocarbon comprehensive utilization project (hereinafter referred to as the "investment project") of the company's investment project funded by non-public offering of shares in 2022 belongs to the "two high" project. The details are as follows:
1、 This investment project does not belong to restricted and eliminated industries, and does not belong to backward production capacity (I) overview of this investment project and products
The details of this raised investment project are as follows:
(1) Project Name: phase I of light hydrocarbon comprehensive utilization project
(2) Implementing entity: Huizhou Boke environmental protection new material Co., Ltd., a holding subsidiary of the company
(3) Implementation location: Huizhou New Material Industrial Park
(4) The main products planned are dimethyl succinate (DMS), 1,4-butanediol (BDO), polytetrahydrofuran (PTMEG) and polybutylene succinate (PBS), and γ - Butyrolactone (GBL), methyl acetate (MA) and other by-products are mainly important raw materials or direct components of biodegradable plastics. (1,4-butanediol (BDO) is n-butane maleic anhydride method)
(5) Project construction content: a set of 240000 T / a maleic anhydride unit, a set of maleic anhydride hydrogenation unit (130000 T / a BDO + 190000 T / a DMS), a set of 60000 T / a PBS unit, a set of 46000 T / a PTMEG unit, a set of 360 T / a oxidation catalyst unit and supporting utilities of the project. (maleic anhydride unit is n-butane oxidation process)
(II) this investment project does not belong to the restricted and eliminated projects in the Guiding Catalogue for industrial structure adjustment (2019 version)
The comparison of the company's investment project and planned main products with the Guiding Catalogue for industrial structure adjustment (2019 version) is as follows:
Project Name: whether the main product of the planning is restricted and Taolu (2019 version)
Dimethyl succinate (DMS)
1,4-butanediol (BDO), polytetraethylene glycol
Hydrogen furan (PTMEG) and polybutylene
Comprehensive utilization of light hydrocarbons, butylene succinate (PBS), and "biodegradable plastics and their application"
Project phase I γ - Development and production of butyrolactone (GBL) and acetic acid series products
Methyl ester (MA) and other by-products; "Main application" is an encouraged project
Biodegradable plastics
Important raw materials or direct
component
After verification, the investment project does not belong to the restricted and eliminated projects in the Guiding Catalogue for industrial structure adjustment (2019 version), and is in line with the national industrial policy.
(III) this investment project does not involve industries in which the state has eliminated backward and excess capacity
According to the notice of the national development and Reform Commission, the Ministry of industry and information technology, the national energy administration, the Ministry of finance, the Ministry of human resources and social security and the state owned assets supervision and Administration Commission of the State Council on doing a good job in resolving overcapacity in key areas in 2018 (fgy [2018] No. 554) Notice of the national development and Reform Commission, the Ministry of industry and information technology and the National Energy Administration on doing a good job in resolving overcapacity in key areas in 2019 (fgy [2019] No. 785) The notice of the national development and Reform Commission, the Ministry of industry and information technology, the national energy administration, the Ministry of finance, the Ministry of human resources and social security and the state owned assets supervision and Administration Commission of the State Council on resolving overcapacity in key areas in 2020 (fgfgy [2020] No. 901), the notice of the State Council on Further Strengthening the elimination of backward production capacity (GF [2010] No. 7) According to normative documents such as the notice of the Ministry of industry and information technology on printing and distributing the implementation plan for the assessment of eliminating backward production capacity (MIIT Lianye [2011] No. 46) and the completion of the objectives and tasks of eliminating backward and excess production capacity in various regions in 2015 (Announcement No. 50 of the Ministry of industry and information technology and the National Energy Administration in 2016), the industries to eliminate backward and excess production capacity in China are: ironmaking Steel making, coke, ferroalloy, calcium carbide, electrolytic aluminum, copper smelting, lead smelting, cement (clinker and mill), flat glass, papermaking, tanning, printing and dyeing, lead storage battery (sector and assembly), electric power and coal.
After verification, the industry in which the company's investment project is located belongs to the manufacturing industry of biodegradable plastic raw materials, and does not involve the industries in which the above-mentioned countries eliminate backward and excess capacity.
2、 The investment project does not belong to the key industrial field of high energy consumption industry, and the planned products do not belong to "high pollution and high environmental risk" products
(I) this investment project does not belong to the key industrial field of high energy consumption industry
According to the opinions of the national development and Reform Commission and other departments on strict energy efficiency constraints and promoting energy conservation and carbon reduction in key fields (fgy [2021] No. 1464), iron and steel, electrolytic aluminum, cement, flat glass, oil refining, ethylene, synthetic ammonia, calcium carbide and other key industrial fields that need energy conservation and carbon reduction and green transformation.
According to several opinions on promoting energy conservation and carbon reduction in key fields by strict energy efficiency constraints, the key industry product names involved in the action plan for promoting energy conservation and carbon reduction by strict energy efficiency constraints in key petrochemical industries (20212025) are: oil refining, naphtha hydrocarbons, ethylene Synthetic ammonia (including high-quality anthracite lump coal, non high-quality anthracite lump coal, briquette, pulverized coal (including anthracite pulverized coal and bituminous coal), natural gas) and calcium carbide.
In order to guide all localities to carry out the technological transformation of energy conservation and carbon reduction in high energy consuming industries in a scientific and orderly manner and effectively curb the blind development of "two high" projects, the national development and Reform Commission and other departments jointly issued the benchmark level and benchmark level of energy efficiency in key areas of high energy consuming industries (2021 Edition), which stipulates that the key areas of high energy consuming industries include: crude oil processing and petroleum product manufacturing, coking Coal to liquid fuel production, inorganic alkali manufacturing, inorganic salt manufacturing, organic chemical raw material manufacturing (including naphthalene, ethylene and p-xylene), other basic chemical raw materials manufacturing (yellow phosphorus), nitrogen fertilizer manufacturing, phosphorus fertilizer manufacturing, cement manufacturing, flat glass manufacturing, building ceramic products manufacturing, sanitary ceramic products manufacturing, ironmaking, steelmaking, ferroalloy smelting, copper smelting Lead zinc smelting and aluminum smelting.
After verification, the investment project of the listed company belongs to the manufacturing industry project of biodegradable plastic raw materials, and the planned main products do not belong to the products in the key areas of high energy consumption industries listed in the above policies, which is in line with the national industrial policy and development plan.
(II) the products of this investment project do not belong to "high pollution and high environmental risk" products
In order to curb the blind development of "two high" projects, guide the green transformation of enterprises and promote the high-quality development of the industry, the Ministry of ecology and environment issued the comprehensive directory of environmental protection (2021 version), which contains 932 products with "high pollution and high environmental risk".
After verification, the main products planned for this investment project do not belong to "high pollution and high environmental risk" products. 3、 Approval progress and follow-up arrangements for the filing and approval of this investment project
According to relevant national laws and regulations, relevant approval procedures such as project filing, energy conservation review and environmental impact assessment shall be performed before the implementation of this investment project. As of the date of issuance of this verification opinion, the relevant procedures are as follows:
Project name construction project filing energy conservation review reply EIA reply
The comprehensive utilization of light hydrocarbon is under processing
Phase I of the project (updated compared with the first filing)
The sponsor will urge the company to actively promote the handling of project filing, energy conservation review, environmental impact review and other procedures involved in the project.
4、 Verification opinions of Anxin securities
After verification, the sponsor believes that: Hunan Yussen Energy Technology Co.Ltd(002986) this investment project does not belong to the restricted and eliminated projects in the Guiding Catalogue for industrial structure adjustment (2019 version), and does not belong to the elimination of backward and excess capacity; This investment project does not belong to projects in key industrial fields of high energy consuming industries in the benchmark level and benchmark level of energy efficiency in key areas of high energy consuming industries (2021 Edition); The products planned for this investment project do not belong to the "high pollution and high environmental risk" products in the comprehensive directory of environmental protection (2021 Edition); The investment project has not been completed yet. The sponsor will continue to urge the company to actively go through the procedures of project filing, energy conservation review and environmental impact review involved in the project in accordance with national laws, regulations and corresponding standards.
(there is no text on this page, which is the signature page of Anxin Securities Co., Ltd. on the verification opinions of Hunan Yussen Energy Technology Co.Ltd(002986) 2022 that the investment project of non-public development bank stock raised funds does not belong to the project of "two high policies") (sponsor representative:
Wang Zhichao, Zhai Pingping
Anxin Securities Co., Ltd
