Securities code: 603982 securities abbreviation: Nanjing Chervon Auto Precision Technology Co.Ltd(603982) Announcement No.: 2021-113 convertible bond Code: 113629 convertible bond abbreviation: Quanfeng convertible bond
Nanjing Chervon Auto Precision Technology Co.Ltd(603982)
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.
1、 Amount, time of receipt and deposit of the previously raised funds
1. Funds raised from initial public offering
Approved by the reply on approving Nanjing Chervon Auto Precision Technology Co.Ltd(603982) initial public offering of shares (zjxk [2019] No. 647) issued by China Securities Regulatory Commission, Nanjing Chervon Auto Precision Technology Co.Ltd(603982) (hereinafter referred to as “the company” or “the company”) publicly issued 50000000 ordinary shares (A shares) in Shanghai Stock Exchange on May 22, 2019, with an issue price of RMB 9.79 per share. The total amount of funds raised from stock issuance is RMB 489500000.00. After deducting the underwriting and recommendation fee of RMB 24500000.00, the company actually received the above A-share offering fund of RMB 465000000.00 and deducting other issuance expenses paid by the company of RMB 12564150.95, the actual net amount of funds raised is RMB 452435849.05.
The net amount of the above raised funds was in place on May 16, 2019, and was verified by Deloitte Touche Tohmatsu (special general partnership) and issued the capital verification report DSB (y) Zi (19) No. 00205.
The company and the sponsor China International Capital Corporation Limited(601995) (hereinafter referred to as ” China International Capital Corporation Limited(601995) “) signed the tripartite supervision agreement on the storage of special account for raised funds with Bank Of Hangzhou Co.Ltd(600926) Nanjing Branch, Bank Of Communications Co.Ltd(601328) Jiangsu branch and Bank Of China Limited(601988) Nanjing Jiangning sub branch respectively. The company, the commercial bank storing the raised funds and China International Capital Corporation Limited(601995) jointly supervise the special account for raised funds, Including Bank Of Hangzhou Co.Ltd(600926) Nanjing Gulou sub branch (3201040160000778667), Bank Of Communications Co.Ltd(601328) Nanjing Jiangning sub branch (3208999910003973067) and Bank of China Nanjing Jiangning Science Park sub branch (533973114172).
Unit: RMB 10000
Initial deposit September 30, 2021 bank account number of deposit bank
Storage (note)
Bank Of China Limited(601988) Nanjing Jiangning Science Park sub branch 53397311417226500.00 has been closed
Bank Of Communications Co.Ltd(601328) Nanjing Jiangning sub branch 3208999910000397306710000.00 has been closed
Bank Of Hangzhou Co.Ltd(600926) Nanjing Gulou sub branch 320104016000077866710000.00 has been closed
Total 46500.00
Note: as of September 30, 2021, the above special account for raised funds has no balance and has been closed.
2. Public issuance of convertible corporate bonds to raise funds
With the approval of the reply on Approving the public issuance of convertible corporate bonds by Nanjing Nanjing Chervon Auto Precision Technology Co.Ltd(603982) Precision Technology Co., Ltd. (zjxk [2021] No. 2511) of China Securities Regulatory Commission, the company publicly issued 6.2 million convertible corporate bonds on September 14, 2021, with a face value of RMB 100 each and a total face value of RMB 620000000.00.
The total amount of funds raised from the public issuance of convertible corporate bonds is RMB 620000000.00. After deducting the underwriting recommendation fee of RMB 8990000.00 and the corresponding value-added tax of RMB 539400.00, the company actually received the funds raised from the above convertible corporate bonds of RMB 610470600.00, After deducting other issuance expenses excluding value-added tax paid by the company totaling RMB 725694.35, the net amount of actually raised funds is RMB 609744905.65.
The net amount of the above raised funds was in place on September 22, 2021, and was verified by Deloitte Touche Tohmatsu (special general partnership), and a capital verification report DSB (y) Zi (21) No. 00504 was issued.
The company, its wholly-owned subsidiary Nanjing Chervon Auto Precision Technology Co.Ltd(603982) precision technology (Anhui) Co., Ltd. and the sponsor China International Capital Corporation Limited(601995) signed the tripartite supervision agreement on the storage of raised funds with Bank Of China Limited(601988) Nanjing Jiangning sub branch, China Agricultural Bank Of China Limited(601288) Co., Ltd. MAANSHAN branch, Bank Of China Limited(601988) MAANSHAN branch and China Minsheng Banking Corp.Ltd(600016) Hefei Branch respectively, The special account for raised funds is jointly supervised by Nanjing Chervon Auto Precision Technology Co.Ltd(603982) precision technology (Anhui) Co., Ltd., a wholly-owned subsidiary of the company, the commercial bank storing the raised funds and China International Capital Corporation Limited(601995) .
As of September 30, 2021, the opening and storage of the special account for raised funds are as follows:
Unit: RMB 10000
Initial deposit September 2021 account name bank account number amount of deposit bank 30 days
Storage condition
Nanjing Nanjing Chervon Auto Precision Technology Co.Ltd(603982) Precision Technology Co., Ltd. Bank Of China Limited(601988) Nanjing 4624765022460897.061047.02 Jiangning high tech Zone sub branch
Nanjing Nanjing Chervon Auto Precision Technology Co.Ltd(603982) Precision Technology Co., Ltd. Bank Of China Limited(601988) Nanjing 492376509189150.00150 00 Co., Ltd. Jiangning high tech Zone sub branch
Nanjing Chervon Auto Precision Technology Co.Ltd(603982) precision technology (Anhui) Co., Ltd. Agricultural Bank Of China Limited(601288) 126208010040010507-2735.13
Sima Anshan Branch Sales Department
Nanjing Chervon Auto Precision Technology Co.Ltd(603982) precision technology (Anhui) Co., Ltd. Bank Of China Limited(601988) Ma’an 181262872765 — Sishan Magang sub branch
Nanjing Chervon Auto Precision Technology Co.Ltd(603982) precision technology (Anhui) Co., Ltd. China Minsheng Banking Corp.Ltd(600016) 655886656-23313.67 Sima Anshan Branch Business Department
Total 61047.0627245.82
2、 Use of previously raised funds
(i) Use of funds for projects with raised funds
(1) Funds raised from initial public offering
On May 22, 2019, the company received the actual net raised funds of A-Shares of RMB 452435849.05. On June 20, 2019, according to the proposal of using the raised funds to replace the self raised funds invested in the raised funds investment projects in advance deliberated and approved by the board of directors, the raised funds of RMB 282041300 were used to replace the self raised funds invested in the raised funds investment projects in advance. From the date of receipt of the raised funds to the completion and production of the raised investment project, RMB 49.2569 million was spent from the company’s raised funds supervision account. In view of the expected production capacity of the “project with an annual output of 1.5 million sets of auto parts”, the company held the 2019 annual general meeting on June 10, 2020 and passed the proposal on closing the projects invested by raising funds in the initial public offering and permanently replenishing the surplus raised funds with working capital, The surplus funds raised from the initial public offering of shares and the surplus funds raised by the company of 124002419.21 yuan (including the net amount of 274053.57 yuan after deducting bank handling fees from the accumulated interest income of bank deposits and 2590780.08 yuan from the investment income of financial products) have been used to permanently supplement the working capital.
(2) Issuing convertible bonds to raise funds
On September 22, 2021, the company received the actual net raised funds from the issuance of convertible bonds of RMB 609744905.65. After receiving the raised funds, the company transferred the raised funds to the Agricultural Bank Of China Limited(601288) Ma’anshan branch account of Nanjing Chervon Auto Precision Technology Co.Ltd(603982) precision technology (Anhui) Co., Ltd., a wholly-owned subsidiary, and transferred them to the China Minsheng Banking Corp.Ltd(600016) Ma’anshan branch account of {3500000000.00. On September 28, 2021, according to the proposal of using the raised funds to replace the self raised funds invested in the raised projects in advance by the board of directors of the company, the raised funds of RMB 90611970.25 were replaced from the China Minsheng Banking Corp.Ltd(600016) Ma’anshan branch account of Nanjing Chervon Auto Precision Technology Co.Ltd(603982) precision technology (Anhui) Co., Ltd. On September 30, 2021, according to the proposal on using part of the idle raised funds for cash management deliberated and approved by the board of directors of the company, the company used the idle raised funds to subscribe for the linked structured deposit of Bank Of China Limited(601988) Co., Ltd. of RMB 200000000.00. During the period from September 22 to September 30, 2021, RMB 47398295.45 was spent through the supervision account expenditure project of Nanjing Chervon Auto Precision Technology Co.Ltd(603982) precision technology (Anhui) Co., Ltd.
For the specific use of the funds raised in the previous time, please refer to Annex I comparison table of the use of funds raised in the previous time.
（2） Description of changes in the actual investment projects of the previously raised funds
The actual investment projects of the company’s previously raised funds have not changed.
（3） Advance investment and replacement of investment projects with raised funds
(1) Funds raised from initial public offering
On June 20, 2019, the company held the 13th meeting of the first board of directors and the 11th meeting of the first board of supervisors, deliberated and adopted the proposal on replacing self raised funds invested in raised projects in advance with raised funds. The company plans to use the raised funds of RMB 282041300 to replace the self raised funds invested in auto parts projects with an annual output of 1.5 million sets, The independent directors gave explicit consent, and Deloitte Huayong Certified Public Accountants (special general partnership) issued the special audit report on Nanjing Chervon Auto Precision Technology Co.Ltd(603982) investment projects committed with raised funds in advance with self raised funds (DSB (H) Zi (19) No. e00238) China International Capital Corporation Limited(601995) issued the verification opinions on Nanjing Chervon Auto Precision Technology Co.Ltd(603982) replacing self raised funds of pre invested projects with raised funds. (2) Public issuance of convertible corporate bonds to raise funds
On September 29, 2021, the company held the 19th meeting of the second board of directors and the 15th meeting of the second board of supervisors, deliberated and adopted the proposal on using the raised funds to replace the self raised funds invested in the raised projects in advance. The company plans to use the raised funds of RMB 90.612 million to replace the funds invested in the high-end auto parts intelligent manufacturing project (phase I) in advance
