Haitong Securities Company Limited(600837) about Hangzhou Sunrise Technology Co.Ltd(300360)
The project invested by the raised funds shall be closed and the surplus funds shall be raised
Verification opinions on permanent replenishment of working capital
As the sponsor of Hangzhou Sunrise Technology Co.Ltd(300360) (hereinafter referred to as ” Hangzhou Sunrise Technology Co.Ltd(300360) ” or “the company”) for non-public offering of shares in 2017, in accordance with the requirements of laws and regulations such as the Listing Rules of Shenzhen Stock Exchange gem and the guidelines for standardized operation of companies listed on Shenzhen Stock Exchange gem, Haitong Securities Company Limited(600837) (hereinafter referred to as ” Haitong Securities Company Limited(600837) ” and “sponsor”) has carefully and prudently verified the closing of the company’s investment projects with raised funds and the permanent supplement of the surplus raised funds to the working capital. The details are as follows:
1、 Basic information of raised funds
(i) Availability of raised funds
With the approval of zjxk [2017] No. 992 document of China Securities Regulatory Commission and the consent of Shenzhen Stock Exchange, the company’s lead underwriter Haitong Securities Company Limited(600837) privately issued 46949150 RMB common shares to specific objects at an issue price of RMB 13.57 per share, raising a total of 637099965.50 yuan, The raised capital after deducting the underwriting and recommendation fees of 5660377.36 yuan was 631439588.14 yuan, which was remitted to the company’s raised capital supervision account by the lead underwriter Haitong Securities Company Limited(600837) on November 22, 2017. In addition, after deducting 2084905.67 yuan of lawyer fees, audit and verification fees, statutory information disclosure and other issuance expenses, the net capital raised by the company this time is 629354682.47 yuan. The availability of the above raised funds was verified by Ye Tianjian Certified Public Accountants (special general partnership), who issued the capital verification report (tjy [2017] No. 466).
（2） Investment plan of raised funds
Unit: RMB 10000
No. total amount of funds raised for investment projects
1. Production and construction project of energy demand side Internet of things information platform (production and construction project of demand side electricity, 12274.99 water, gas, heat metering and information acquisition system products)
2 Smart manufacturing construction project of intelligent power instruments and intelligent power distribution equipment 28915.91
3. Construction project of Smart Energy Technology Research Institute 11672.76
4 network construction project of marketing and technical services 614.71
5 supplementary working capital (if any) 9457.10
Total 62935.47
2、 Deposit and management of raised funds
(i) Management of raised funds
In order to standardize the management and use of raised funds, improve the efficiency and efficiency of fund use, and protect the rights and interests of investors, the company, in accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the Listing Rules of Shenzhen Stock exchange gem and the guidelines for the standardized operation of Shenzhen Stock Exchange GEM listed companies and other relevant laws In accordance with the provisions of laws and regulations and normative documents, and in combination with the actual situation of the company, the measures for the management of raised funds of Hangzhou Hangzhou Sunrise Technology Co.Ltd(300360) Co., Ltd. (hereinafter referred to as the management measures) are formulated. According to the management measures, the company implemented a special account for the raised funds, established a special account for the raised funds in the bank, and together with the recommendation institution Haitong Securities Company Limited(600837) , respectively with Bank Of Hangzhou Co.Ltd(600926) Jiangcun sub branch and Hangzhou Xixi sub branch of China Agricultural Bank Of China Limited(601288) Co., Ltd. on December 6, 2017; On Dec. 7, 2017, he signed a contract with Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) sub branch of China China Construction Bank Corporation(601939) Co., Ltd; On December 8, 2017, the tripartite supervision agreement on raised funds was signed with Industrial And Commercial Bank Of China Limited(601398) Hangzhou Qingchun Road sub branch. There is no significant difference between the tripartite regulatory agreement and the model tripartite regulatory agreement of Shenzhen Stock Exchange, and the company has strictly complied with the raised funds.
At the second meeting of the Fourth Board of directors and the second meeting of the Fourth Board of supervisors held on January 20, 2020, the company considered and adopted the proposal on new implementation subjects and implementation locations of some raised investment projects respectively, It is agreed to add a wholly-owned subsidiary, Tiantai Juyuan Internet of things Technology Co., Ltd., as the implementation subject of the “energy demand side Internet of things information platform production and construction project”, and add a plot of West Industrial Zone, Tiantai County, Zhejiang Province as the implementation site of the “energy demand side Internet of things information platform production and construction project”. On April 12, 2020, the company signed the four party supervision agreement on raised funds with Haitong Securities Company Limited(600837) , Bank Of Hangzhou Co.Ltd(600926) Jiangcun sub branch and Tiantai Juyuan Internet of things Technology Co., Ltd., which defined the rights and obligations of all parties.
（2） Storage of raised funds in special account
At present, the company has five special accounts for raised funds, one structured deposit account and one financial product. The deposits of raised funds are as follows:
Unit: RMB
Remarks on the balance of raised funds in the account number of the deposit bank
China China Construction Bank Corporation(601939) Co., Ltd. 330501616727000007141306404.99 special account for raised funds company Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) sub branch
China Agricultural Bank Of China Limited(601288) Co., Ltd. 1905310104001411222392071.40 special account for raised funds Company Hangzhou Xixi sub branch
Bank Of Hangzhou Co.Ltd(600926) 33010401600083273903567359.01 special account for raised funds
Jiangcun sub branch
Bank Of Hangzhou Co.Ltd(600926) 330104016000832722665374565.91 special account for raised funds
Jiangcun sub branch
Bank Of Hangzhou Co.Ltd(600926) 3301040160015457404787734.89 special account for raised funds
Jiangcun sub branch
Bank Of Hangzhou Co.Ltd(600926) 330104016001057087030000000.00 structured deposit
Jiangcun sub branch
20000000.00 financial products of China Agricultural Bank Of China Limited(601288) Co., Ltd
Company Hangzhou Xixi sub branch
Total 283420.136
3、 Use and savings of raised funds
As of December 31, 2021, the total investment of the company’s investment projects with raised funds was 568378200 yuan,
The balance of the special account for raised funds is 143428100 yuan (including unpaid contract balance and quality assurance deposit 309601 yuan)
The remaining raised fund is 60.9765 million yuan, and the interest income and financial income are 51.4915 million yuan
The amount is subject to the balance of the special account on the day of fund transfer out), and the details are as follows:
Unit: 10000 yuan
The raised funds bear the remaining raised interest that has actually been invested and needs to be paid. The remaining raised interest income of the raised funds project is the name of the project, the total amount of investment, the balance of the raised funds contract, the total amount of financial funds and the development income
Energy demand side IOT information platform production and construction project (demand side)
Side power, water, gas and heat metering and 12274.9912593.4081.8-400.21753.92435.51 proposed production and construction project of information acquisition system products) intelligent power instrument and intelligent distribution
Smart manufacturing construction of electric equipment 28915.9122444.881952.194518.843066.439537.46 proposed project
Smart energy technology research institute has built 11672.768721.941062.021888.801288.384239.21 proposed projects
Network of marketing and technical services 614.71522 67092.0438.60130.64 proposed construction project
Supplementary working capital 9457.109458.920-1.821.820 proposed items
Total 62935.4753741.813096.016097.655149.1514342.81
Note: 1) the sum of the actually invested raised funds and the contract balance to be paid is the total actually invested raised funds of the company. Leftover
The remaining raised funds are the total amount of the promised investment of the raised funds minus the total amount of the raised funds actually invested by the company.
2) The total amount of raised funds actually invested in the production and construction project of Internet of things information platform on the energy demand side exceeds the total amount of committed investment
RMB 4002100 is paid by the interest income and financial management income of the account.
3) The company has replenished 94.5892 million yuan of working capital, and the excess 18200 yuan is the interest income and management of the account during replenishment
Financial gains.
4) “Interest income and financial management income” in the above table refers to the interest income generated by the raised funds deposited in the bank and the purchase of financial management
5) The total amount of surplus raised funds (i.e. the balance of the special account for raised funds) is the sum of the contract balance to be paid, the remaining raised funds, interest income and financial management income.
4、 Overview of the closing and surplus raised funds of the raised investment project
(i) Basic information of closed projects
“Production and construction project of Internet of things information platform on energy demand side (production and construction project of power, water, gas, heat metering and information acquisition system products on demand side)”, “intelligent manufacturing construction project of intelligent power instruments and intelligent power distribution equipment”, “construction project of intelligent energy technology research Institute” and “network construction project of marketing and technical services” have been put into operation, Can be closed.
（2） Main reasons for savings of raised funds
1. During the implementation of the project, the company uses the raised funds prudently in strict accordance with the relevant provisions on the use of the raised funds, starting from the actual situation of the project and adhering to the principles of rationality, economy and effectiveness. The company controls the procurement cost, strengthens the cost control, supervision and management of all links of project construction, reasonably schedules and optimizes the allocation of various resources, reduces the project construction cost and expense, saves part of the procurement cost and project management cost on the premise of ensuring the project construction quality, so as to save the project expenditure.
2. The balance of this raised investment project includes a small part of the outstanding balance and quality assurance deposit of the raised investment project. Because the payment period of such contract balance and quality assurance deposit is long, the balance will be permanently supplemented with working capital for the company’s daily production and operation, which is conducive to improving the efficiency of capital use.
3. In order to improve the use efficiency of raised funds, the company has carefully planned the use of funds without affecting the development of raised investment projects, and used some idle raised funds for purchase and financial management. The raised funds have generated income during the deposit period, and also generated a certain deposit interest income during the deposit period of raised funds.
5、 Use plan of surplus raised funds and its impact on the company
The company’s projects invested with raised funds have been completed. In order to improve the use efficiency of the raised funds and avoid the idle of the raised funds, at the same time, in order to reduce the company’s financial expenses, based on the principle of maximizing the interests of the company and shareholders, the company plans to raise 143428100 yuan (including) of the surplus raised funds after the completion of the above-mentioned projects invested with raised funds
