China Securities Co.Ltd(601066)
About Crown Advanced Material Co.Ltd(688560)
Verification opinions on permanent replenishment of working capital with some over raised funds
China Securities Co.Ltd(601066) (hereinafter referred to as ” China Securities Co.Ltd(601066) ” securities “and” sponsor “) perform continuous supervision duties as the sponsor of Crown Advanced Material Co.Ltd(688560) (hereinafter referred to as” Crown Advanced Material Co.Ltd(688560) “and” the company “), According to the measures for the administration of securities issuance and listing recommendation business, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies, the Listing Rules of Shanghai Stock Exchange Kechuang board, and the guidelines for the application of the self regulatory rules of Shanghai Stock exchange Kechuang board listed companies No. 1 – standardized operation According to the requirements of relevant laws, regulations and normative documents such as the measures for the administration of funds raised by listed companies on the Shanghai Stock Exchange (revised in 2013), the measures for the continuous supervision of listed companies on the science and Innovation Board (for Trial Implementation), China Securities Co.Ltd(601066) securities has carefully verified the permanent replenishment of working capital by Crown Advanced Material Co.Ltd(688560) using part of the over raised funds, and issued the following verification opinions:
1、 Basic information of raised funds
With the approval of the reply on Approving the registration of Crown Advanced Material Co.Ltd(688560) initial public offering (zjxk [2020] No. 3064) of China Securities Regulatory Commission (hereinafter referred to as “CSRC”) and the consent of Shanghai Stock Exchange, the company issued RMB common shares (A shares) for the first time: 41022000 shares, with a par value of 1.00 yuan per share, The issue price per share is 15.87 yuan. The total amount of funds raised in this public offering is 65101914000 yuan, after deducting the issuance expenses of 7778357334 yuan (excluding value-added tax), the net amount of funds raised is 57323556666 yuan. All the raised funds have been in place. Tianjian Certified Public Accountants (special general partnership) has verified the availability of funds and issued the capital verification report (tianjianyan [2020] No. 3-146) on December 18, 2020. The company has adopted the special account storage management for the raised funds in accordance with the regulations, and signed the tripartite supervision agreement for the raised funds with the recommendation institution and the special account supervision bank. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on December 23, 2020 Announcement on the listing of initial public offering of shares on the science and innovation board.
2、 Investment projects with raised funds
The investment projects and use plans of the funds raised by the company’s initial public offering are as follows:
No. project name total investment of the project during the construction period proposed raised funds (10000 yuan) investment amount (10000 yuan)
1 annual output of 30 million square meters Cecep Solar Energy Co.Ltd(000591) battery 24 month 20 China Vanke Co.Ltd(000002) 000000 backplane expansion project
2. 12-month 800000 expansion project of aluminum plastic film for lithium battery with an annual output of 10 million square meters
3. Research on optoelectronic composite engineering technology in Jiangxi Province for 36 months 30 Fawer Automotive Parts Limited Company(000030) 0000
4. Supplementary working capital project – 10 Ping An Bank Co.Ltd(000001) 000000
Total 41 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 100000
On April 2, 2021, the company held the second extraordinary general meeting of shareholders in 2021, deliberated and passed the proposal on changing some investment projects with raised funds. The investment projects with raised funds after the change are as follows:
Before and after the change of raised funds
Sequence project investment proposed raised project investment proposed raised fund No. project name total fund-raising fund project name total fund-raising fund investment amount (10000 yuan) investment amount (10000 yuan)
(10000 yuan)
Annual output of 30 million square meters
1m3 Cecep Solar Energy Co.Ltd(000591) battery 20 China Vanke Co.Ltd(000002) 000000m Cecep Solar Energy Co.Ltd(000591) battery back 11699001169900 backplane expansion project
The annual output is 10 million square meters and 10 million square meters
2m3 lithium battery aluminum plastic 8 China High-Speed Railway Technology Co.Ltd(000008) 00000m lithium battery aluminum plastic film 437641437641 film expansion project
Jiangxi photoelectric compound Jiangxi photoelectric compound
3 material engineering technology research 30 Fawer Automotive Parts Limited Company(000030) 0000 material engineering technology research 30 Fawer Automotive Parts Limited Company(000030) 0000 research center expansion project research center expansion project
4 supplementary working capital item 10 Ping An Bank Co.Ltd(000001) 000000 supplementary working capital item 10 Ping An Bank Co.Ltd(000001) 000000
Annual output of 120 million square meters of light
5 — expansion of 19404551192459 Poe adhesive film for V component packaging
order
Total 41 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 100000 – 48479964100000
Note: according to the data in the chart, “Poe film expansion project with an annual output of 120 million square meters for PV module packaging” plans to use the raised capital investment of 1192459 million yuan, excluding the proposed over raised capital of 30 million yuan; The total use of raised funds for the project is 149245900 yuan.
As of December 31, 2021, the actual use of the company’s previously raised funds is as follows:
Comparison table of the use of the previously raised funds
Unit: 10000 yuan
Total raised funds: 5732356 total used raised funds: 4049583
Total amount of raised funds with changed purposes: 1492459 total amount of raised funds used in each year:
Proportion of total funds raised for changing purposes: 26.04% 2020: 589.82
2021 (including replacement pre investment): 3990601
The total investment amount of the raised funds of the investment project has reached the expected amount on the deadline
The actual investment fund can be used according to the order. Before raising, the actual investment is promised after raising. Before raising, the actual investment amount promised after raising and the date after raising (or the difference between the actual investment amount of the project promised investment amount of the investment amount of the investment amount promised investment amount of the project completed on the end date of the project) Degree)
1 annual output of 30 million square meters solar annual output of 30 million square meters solar 20 Ping An Bank Co.Ltd(000001) 16990098610320 Ping An Bank Co.Ltd(000001) 169900986103 – 1837972022.6.30 energy battery backplane expansion project energy battery backplane expansion project
2 lithium battery with an annual output of 10 million square meters lithium battery with an annual output of 10 million square meters 8 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 376412428428 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 37641242842 – 1947992022.4.30 pool aluminum plastic film expansion project pool aluminum plastic film expansion project
Jiangxi photoelectric composite material industry Jiangxi photoelectric composite material project
Expansion project of 3-way technology research center expansion project of Technology Research Center 3000003 Ping An Bank Co.Ltd(000001) 010093 Ping An Bank Co.Ltd(000001) 01009 – 198991202412.31
Annual output of 120 million square meters of photovoltaic modules, annual output of 120 million square meters of photovoltaic modules 14924591492459
4 expansion item of Poe adhesive film for packaging expansion item of Poe adhesive film for packaging – [note] 1269629 – [note] 1269629 -222830202212.31
5 supplementary working capital project supplementary working capital project 10 Ping An Bank Co.Ltd(000001) 0 Ping An Bank Co.Ltd(000001) 0 Ping An Bank Co.Ltd(000001) 0 Ping An Bank Co.Ltd(000001) 0 Ping An Bank Co.Ltd(000001) 0 Ping An Bank Co.Ltd(000001) 000000 – not applicable
6 permanent supplementary working capital – 45 Shenzhen Textile (Holdings) Co.Ltd(000045) 0000
