Securities code: Anhui Zhongyuan New Materials Co.Ltd(603527) securities abbreviation: Anhui Zhongyuan New Materials Co.Ltd(603527) Announcement No.: 2022011 Anhui Zhongyuan New Materials Co.Ltd(603527)
Special 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), Anhui Zhongyuan New Materials Co.Ltd(603527) (hereinafter referred to as ” Anhui Zhongyuan New Materials Co.Ltd(603527) ,” the company “or” the company “) reports the use of the previously raised funds as of December 31, 2021 as follows:
1、 Raising and deposit of the previously raised funds
(I) actual amount of raised funds and time of fund arrival
With the approval of zjxk [2017] No. 1492 document of China Securities Regulatory Commission, the company was listed and traded on Shanghai Stock Exchange on September 7, 2017. The stock is abbreviated as ” Anhui Zhongyuan New Materials Co.Ltd(603527) ” and the securities code is ” Anhui Zhongyuan New Materials Co.Ltd(603527) “. The company issued 31.1 million RMB common shares (A shares) to the public for the first time, with an issue price of 13.27 yuan per share, The total amount of funds to be raised is 412697000 yuan. According to relevant regulations, after deducting the issuance expenses of 48817000 yuan, the actual amount of funds raised is 363.88 million yuan. The raised funds were in place on August 30, 2017. The above capital in place has been verified by Huapu Tianjian Certified Public Accountants (special general partnership) KYZ [2017] No. 4900 capital verification report.
(II) management of previously raised funds
In accordance with the provisions of the company law of the people’s Republic of China, the securities law of the people’s Republic of China and the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 1 – standardized operation, and in accordance with the principles of standardization, safety, efficiency and transparency, the company has formulated the raised funds management system, which is responsible for the storage, approval, use Management and supervision have made clear provisions to ensure the standardized use of raised funds in the system.
In August 2017, the company and Guoyuan Securities Company Limited(000728) (hereinafter referred to as ” Guoyuan Securities Company Limited(000728) “) signed the tripartite supervision agreement on the storage of raised funds with Guandou sub branch of Wuhu Yangzi Rural Commercial Bank Co., Ltd. (hereinafter referred to as “Guandou sub branch of Wuhu Yangzi bank”) and Industrial Bank Co.Ltd(601166) Wuhu Branch (hereinafter referred to as ” Industrial Bank Co.Ltd(601166) Wuhu Branch”), Open a special account for raised funds (Account No.: 2 Konka Group Co.Ltd(000016) 69293103 Ping An Bank Co.Ltd(000001) 14) in Guandou branch of Wuhu Yangtze bank and a special account for raised funds (Account No.: 498010100402791) in Industrial Bank Co.Ltd(601166) Wuhu Branch. There is no significant difference between the tripartite regulatory agreement and the model tripartite regulatory agreement of Shanghai Stock Exchange, and there is no problem in the performance of the tripartite regulatory agreement.
In August 2018, due to the cancellation of Guandou sub branch of Wuhu Yangtze bank, a new Park Avenue sub branch of Wuhu Yangtze Rural Commercial Bank Co., Ltd. (hereinafter referred to as “Park Avenue sub branch of Wuhu Yangtze bank”) was established, and all businesses of Guandou sub branch of Wuhu Yangtze bank were transferred to Park Avenue sub branch of Wuhu Yangtze bank, After the relocation, except for the change of the opening bank of the special account for raised funds, the bank account number and account name have not been changed. The company and Guoyuan Securities Company Limited(000728) signed a new tripartite supervision agreement with Park Avenue branch of Wuhu Yangzi bank, and the original tripartite supervision agreement will be abolished. There is no significant difference between the tripartite regulatory agreement and the model tripartite regulatory agreement of Shanghai Stock Exchange, and there is no problem in the performance of the tripartite regulatory agreement.
2、 Use of previously raised funds
(I) see attached table 1 for the comparison table of the use of raised funds.
(II) contents and reasons for the difference between the actual total investment of the project raised in the previous time and the commitment
Unit: 10000 yuan
Difference between the total amount of committed investment and the total amount of raised funds actually invested in the investment project
An annual output of 30000 tons of precision pressure
36388003274221364579 copper strip foil
The difference between the actual committed investment of 363.88 million yuan and the actual investment of 3274221 million yuan is 364579 million yuan, which is mainly due to the careful use of the raised funds in strict accordance with the relevant regulations on the management of raised funds during the implementation of the raised projects. At the same time, the company strictly controls the project management and reasonably allocates resources based on the actual situation of the raised projects, It effectively reduces the cost of the project.
3、 Change of previous raised funds
As of December 31, 2021, there was no change in the investment projects of the company’s raised funds.
4、 Transfer and replacement of projects invested in advance by the previously raised funds
As of December 31, 2021, there was no external transfer or replacement of the company’s investment projects with raised funds.
5、 Description of the benefits achieved by the investment project of the previously raised funds
(I) comparison table of realized benefits of investment projects with previously raised funds
See attached table 2 for the comparison table of the realized benefits of the investment project invested by the previously raised funds. The calculation caliber and calculation method of the realized benefits in the comparison table are consistent with the calculation caliber and calculation method of the promised benefits.
(II) description of the situation that the benefits of the investment project with the previously raised funds cannot be calculated separately
The company does not have the situation that the benefits of investment projects with raised funds cannot be calculated separately.
(III) explanation that the accumulative realized income of the project invested with raised funds is lower than the promised accumulative income
The company does not have the situation that the cumulative realized income of the investment project with raised funds is more than 20% (including 20%) lower than the promised cumulative income.
6、 Operation of relevant assets related to the subscription of shares with assets in the previous issuance
The investment project of the company’s previously raised funds does not involve the subscription of shares with assets.
7、 Use of idle raised funds
After the deliberation and approval of the third meeting of the third board of directors and the third meeting of the third board of supervisors held by the company on September 22, 2017, the company uses some idle raised funds to temporarily supplement the working capital of 70 million yuan, with a service life of no more than 12 months. As of August 15, 2018, the company has returned 70 million yuan of funds and deposited them into the special account for raising funds of the company.
After deliberation and approval at the 8th meeting of the 3rd board of directors and the 7th Meeting of the 3rd board of supervisors held by the company on August 24, 2018, the company continues to use some idle raised funds to temporarily supplement working capital
70 million yuan, with a service life of no more than 12 months.
As of August 20, 2019, the company has returned 70 million yuan of funds and deposited them into the special account for raising funds of the company.
Upon deliberation and approval of the 12th meeting of the 3rd board of directors and the 11th meeting of the 3rd board of supervisors held by the company on August 23, 2019, the company continues to use some idle raised funds to temporarily supplement working capital
50 million yuan, with a service life of no more than 12 months. As of August 18, 2020, the company has returned 50 million yuan of funds and deposited them into the special account for raising funds of the company.
After the deliberation and approval of the fourth meeting of the Fourth Board of directors and the second meeting of the Fourth Board of supervisors held by the company on August 28, 2020, the company continues to use some idle raised funds to temporarily supplement working capital
50 million yuan, with a service life of no more than 12 months. As of August 11, 2021, the company has returned 50 million yuan of funds and deposited them into the special account for raised funds of the company.
After the deliberation and approval of the 8th meeting of the 4th board of directors and the 5th meeting of the 4th board of supervisors held by the company on August 13, 2021, the company continues to use some idle raised funds to temporarily supplement working capital
40 million yuan, with a service life of no more than 12 months. As of December 22, 2021, the company has returned 40 million yuan of funds and deposited them into the special account for raised funds of the company.
8、 Balance of previous raised funds and use of surplus raised funds
According to the proposal on closing investment projects with raised funds and replenishing the surplus raised funds for a long time to supplement working capital deliberated and approved by the 10th meeting of the 4th board of directors, the 7th Meeting of the 4th board of supervisors and the 1st extraordinary general meeting of shareholders in 2021 held on December 8, 2021 and December 24, 2021, The company plans to permanently supplement the surplus raised funds of 48.726 million yuan (taking into account the interest income, bank handling charges and other factors of the surplus funds before the actual transfer date, and the specific amount shall be subject to the actual transfer date) for the daily production and operation activities of the company. The balance payment and quality guarantee deposit of the project to be paid for the raised investment project will be paid with the company’s own funds.
As of December 31, 2021, the company has used the previously raised funds of 327422100 yuan, and the surplus raised funds have permanently supplemented the working capital of 480832 million yuan (Note 1). The net amount of interest income received in the raised funds account after deducting bank handling fees is 116253 million yuan, and the total balance of the special raised funds account as of December 31, 2021 is 10000 yuan.
After the company uses the surplus raised funds to permanently supplement the working capital, the special account for raised funds will no longer be used. In order to standardize the account management, the company will cancel all the special accounts for raised funds.
As of December 31, 2021, the company has cancelled the raised capital account, as follows:
Bank name bank account cancellation time
Wuhu Yangzi Bank Park Avenue sub branch 2 Shenzhen Cereals Holdings Co.Ltd(000019) 6293103 Ping An Bank Co.Ltd(000001) 142021-12-29
Industrial Bank Co.Ltd(601166) Wuhu Branch 4980101004027912021-12-28
Note 1: on the actual transfer date, the surplus raised funds will permanently supplement the working capital of 480832 million yuan, which is 642800 Yuan different from the surplus raised funds of 48.726 million yuan disclosed in the company’s announcement on closing the investment projects with raised funds and permanently supplementing the surplus raised funds with working capital, It is mainly due to the influence of factors such as the payment of the project balance and the receipt of interest income from the statistical deadline to the actual transfer date in the announcement.
9、 Description of the comparison between the actual use of the previously raised funds and the publicly disclosed information
There is no difference between the actual use of the company’s previously raised funds and the contents of the company’s annual periodic reports and other information disclosure documents.
10、 Schedule
1. Comparison table of the use of the previously raised funds
2. The comparison table of the realized benefits of the investment projects with the previously raised funds is hereby announced.
Anhui Zhongyuan New Materials Co.Ltd(603527) board of directors March 7, 2022 Schedule 1:
Comparison table of the use of the previously raised funds
As of December 31, 2021
Prepared by: Anhui Zhongyuan New Materials Co.Ltd(603527)
Monetary unit: RMB 10000
Accumulated total amount of raised funds used: 3274221 total amount of raised funds: 3638800 total amount of raised funds used in each year:
2017: 3.00
Total amount of raised funds with changed purposes: – 2018: 5339902019
