Zhejiang Windey Co.Ltd(300772)
Report on the use of previously raised funds
Shenzhen Stock Exchange:
In accordance with the provisions on the report on the use of the previously raised funds issued by the China Securities Regulatory Commission, the use of the previously raised funds of the company as of December 31, 2021 is reported as follows.
1、 Raising and deposit of the previously raised funds
（1） Initial public offering of shares to raise funds
1. The amount of funds raised last time and the time of receipt of funds
According to the reply on approving Zhejiang Windey Co.Ltd(300772) initial public offering of shares (zjxk [2019] No. 648) issued by China Securities Regulatory Commission, the company’s lead underwriter Caitong Securities Co.Ltd(601108) publicly issued 73.49 million RMB ordinary shares (A shares) to the public by means of inquiry, with an issue price of RMB 6.52 per share, The total raised capital is 479154800 yuan, and the raised capital after deducting the underwriting and recommendation expenses (excluding value-added tax) of 18679200 yuan is 460475500 yuan, which has been remitted to the raised capital supervision account of the company by the lead underwriter Caitong Securities Co.Ltd(601108) on April 23, 2019. In addition, after deducting 192086 million yuan of 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, the net amount of funds raised by the company this time is 441267 million yuan. The availability of the above raised funds has been verified by Tianjian Certified Public Accountants (special general partnership), who issued the capital verification report (Tianjian Yan [2019] No. 87).
2. Deposit of the previously raised funds in the special account
As of December 31, 2021, the deposit of the company’s previously raised funds in the bank account is as follows:
Monetary unit: RMB 10000
Initial deposit of deposit bank account No. December 2021 remarks
Balance on 31st
Bank Of China Limited(601988) 366276324615350370 0.00 has been sold to Hangzhou Qingchun sub branch in January 2022
Bank Of Communications Co.Ltd(601328) 33106612001811011490 559.24 current deposit
Hangzhou Qingchun Road sub branch 50177245
China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. 12020207299205000.00 0.00 account closed
Company Hangzhou Jiefang Road sub branch 506660
China China Construction Bank Corporation(601939) Co., Ltd. 33050161672705000.00 0.00 account closed
Company Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) sub branch 0001461
China China Construction Bank Corporation(601939) Co., Ltd. 33050161672702050810 0.64 current deposit
9 China High-Speed Railway Technology Co.Ltd(000008) Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) sub branch of the company
Total 4412670 559.88
（2） Issue convertible corporate bonds to unspecified objects to raise funds
1. The amount of funds raised last time and the time of receipt of funds
Approved by the official reply of China Securities Regulatory Commission on Approving the registration of Zhejiang Windey Co.Ltd(300772) issuing convertible corporate bonds to unspecified objects (zjxk [2020] No. 2744), the company issued 5.77 million convertible corporate bonds to unspecified objects, with a face value of RMB 100.00 each, raising a total of 577 million yuan, After deducting the underwriting and recommendation fees (excluding value-added tax) of 3.7736 million yuan, the raised capital was 573226400 yuan, which was remitted to the raised capital supervision account of the company by the lead underwriter Caitong Securities Co.Ltd(601108) on December 7, 2020. In addition, after deducting the additional external expenses of 1949000 Yuan directly related to the issuance of convertible corporate bonds, such as audit and verification fees, lawyer fees, credit rating fees and information disclosure fees, the net amount of funds raised by the company this time is 571277400 yuan. The availability of the above raised funds has been verified by Tianjian Certified Public Accountants (special general partnership), who issued the capital verification report (Tianjian Yan [2020] No. 576).
2. Deposit of the previously raised funds in the special account
As of December 31, 2021, the deposit of the company’s previously raised funds in the bank account is as follows:
Unit: RMB 10000
Remarks: initial deposit amount balance of deposit bank account number on December 31, 2021
China China Construction Bank Corporation(601939) Co., Ltd. 3305016167270797000527766 current deposit company Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) sub branch 9888999
China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. 12020207299201673774 0.00 closed Company Hangzhou Jiefang Road sub branch 539909
China China Construction Bank Corporation(601939) Co., Ltd. 33050161672703242000 603.61 current deposit company Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) sub branch 9777777
Total 5712774588127
2、 Use of previously raised funds
See Appendix 1 of this report for the use of the funds raised from the previous IPO; See Appendix 2 of this report for the use of the funds raised by the previous issuance of convertible corporate bonds to unspecified objects.
3、 Change of previous raised funds
（1） Initial public offering of shares to raise funds for investment projects
Xiyang County Jinzhai Wind Power Generation Co., Ltd. (hereinafter referred to as Jinzhai wind power) is the implementation subject of Xiyang County Gaoluo phase I (50MW) wind power project. The company originally planned to invest the raised investment funds into the company for the implementation of the raised investment projects by means of capital increase. However, in order to speed up the construction of the raised investment projects and improve the use efficiency of the raised funds, the company has increased the capital of Jinzhai wind power to 83.44 million Yuan before the raised funds are in place, The company will change the way of implementing the raised investment project from the way of increasing capital to Jinzhai wind power to the way of providing loans to Jinzhai wind power. The change was reviewed and approved by the 20th meeting of the third board of directors, the 11th meeting of the third board of supervisors and the 2018 annual general meeting of shareholders. The independent directors and the sponsor of the company expressed their consent. The company was posted on cninfo.com on May 30, 2019（ http://www.cn.info.com.cn. ）Disclosure. In addition to the above changes, the implementation subject, implementation location and investment amount of the investment project with raised funds will not be changed.
（2） There is no change in investment projects for the funds raised by issuing convertible corporate bonds to unspecified objects.
4、 Contents and reasons for the difference between the actual total investment of the previous fund-raising project and the commitment
（1） Initial public offering of shares to raise funds
1. Difference between actual total investment and commitment
Total amount of committed investment total amount of actual investment the difference between total amount of actual investment and total amount of committed investment (3) = (2) – (1)
(1) Intelligent transformation of production base 350370360501 101.31
(2) Research and development of wind energy data platform and new models 1011490970395 -410.95
(3) Xiyang Gaoluo phase I (50MW) wind 20508102056300 54.90 power project
(4) Supplementary working capital 10 Ping An Bank Co.Ltd(000001) 001711 17.11
2. Reasons for the difference between the total actual investment and the total committed investment
(1) The investment difference of the intelligent transformation project of the production base is mainly that the company uses the net amount of bank deposit interest and financial product income received minus bank handling charges for project investment.
(2) The investment difference of wind energy data platform and new model R & D project is mainly due to the fact that the project is still under construction.
(3) The investment difference of Xiyang Gaoluo phase I (50MW) wind power project is mainly due to the net amount of bank deposit interest and financial product income received by the company deducting bank handling charges for project investment.
(4) The investment difference of supplementary working capital project is the net amount of bank deposit interest and financial product income received minus bank handling charges, which is used to supplement working capital.
（2） Issue convertible bonds to unspecified objects to raise funds
1. Difference between actual total investment and commitment
The difference between the total amount of committed investment and the total amount of actual investment and the total amount of committed investment in project name (1) (2) after the raising
(3) = (2) – (1)
(1) Development project of intelligent wind turbine product series 7970 Hivi Acoustics Technology Co.Ltd(002888) 70 – 508130
(2) Xiyang Gaoluo wind farm phase II 32420003198593 -434.07 50MW project
(3) Supplementary working capital 16737741674052 2.78
2. Reasons for the difference between the total actual investment and the total committed investment
(1) The investment difference of intelligent wind turbine series development project is mainly due to the fact that the project is still under construction.
(2) The investment difference of phase II 50MW project of Gaoluo wind farm in Xiyang County is mainly due to the unsettled part of the project funds.
(3) The investment difference of supplementary working capital project is the net amount of bank deposit interest received minus bank handling charges, etc. used to supplement working capital.
5、 Description of the external transfer or replacement of the investment project of the previously raised funds
On May 28, 2019, the 20th meeting of the third board of directors of the company deliberated and approved the proposal on replacing self raised funds invested in projects invested with raised funds in advance with raised funds, and agreed to use the raised funds to replace the self raised funds invested in projects invested with raised funds in advance with 169563900 yuan. Among them, the replacement amount of wind energy data platform and new model R & D project is 485631 million yuan, and the replacement amount of Xiyang Gaoluo phase I (50MW) wind farm project is 121008 million yuan.
On December 24, 2020, the 15th meeting of the Fourth Board of directors of the company deliberated and approved the proposal on replacing self raised funds invested in projects invested with raised funds in advance with raised funds, and agreed to use the raised funds to replace 177468600 yuan of self raised funds invested in projects invested with raised funds in advance. Among them, the replacement amount of phase II 50MW project of Gaoluo wind farm in Xiyang County is 1757705 million yuan, and the replacement amount of intelligent wind turbine product series development project is 1.6981 million yuan.
6、 Description of the benefits achieved by the investment project of the previously raised funds
（1） Comparison table of realized benefits of investment projects with previously raised funds
See Annex 3 of this report for the benefits achieved by the investment projects with the funds raised last time. Calculation caliber, calculation method and method of realized benefits in the comparison table
