Securities code: 688096 securities abbreviation: Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) Announcement No.: 2022-004 Jiangsu Jingyuan Environmental Protection Co.Ltd(688096)
Announcement on the extension of some investment projects with 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 legal liabilities for the authenticity, accuracy and integrity of its contents according to law. Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) (hereinafter referred to as "the company") convened the 13th meeting of the third board of directors and the 12th meeting of the third board of supervisors on December 30, 2021, deliberated and adopted the proposal on the extension of some investment projects with raised funds, It is agreed that the estimated usable state date of some raised capital investment projects (hereinafter referred to as "raised investment projects") shall be extended from December 2021 to June 2022. The independent directors of the company have expressed unanimous independent opinions on the proposal, and the company's sponsor Ping An Securities Co., Ltd. (hereinafter referred to as the "sponsor") has issued clearly agreed verification opinions on this matter. This matter does not need to be submitted to the general meeting of shareholders for deliberation. The relevant information is hereby announced as follows:
1、 Basic information of raised funds
With the approval of China Securities Regulatory Commission on Approving the registration of Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) initial public offering shares (zjxk [2020] No. 369), and with the consent of Shanghai Stock Exchange, the company issued 26.83 million RMB ordinary shares to the public by public offering on April 9, 2020, with an issue price of 14.34 yuan per share. The total amount of funds raised in this issuance is 384742200.00 yuan, after deducting the relevant issuance expenses of 41994125.28 yuan, the actual raised funds are 342748074.72 yuan. As of April 2, 2020, all the funds raised by the above issuance of the company have been in place, which has been verified and confirmed by Dahua Certified Public Accountants (special general partnership) with the capital verification report "Dahua Yan Zi [2020] No. 000111". In accordance with the measures for the administration of securities issuance of listed companies, the company has adopted a special account storage system for the raised funds and established relevant special accounts for the raised funds. Upon receipt of the raised funds, all of them have been deposited in the special account for raised funds, and a tripartite supervision agreement on raised funds has been signed with the sponsor and the bank storing the raised funds. 2、 Use of raised funds
As of September 30, 2021, the actual investment of the company's investment projects raised by initial public offering is as follows:
Unit: 10000 yuan
No. investment project total investment raised capital investment cumulative investment progress capital amount (%)
1. Construction of intelligent system integration center 11563.0010579.769249.4587.43 project
2 R & D center construction project 3583.003463.692384.5268.84
3. Supplementary working capital project 13600.0013600.0013677.00100.57
Total 28746.0027643.4525310.97
3、 Specific conditions and reasons for the delay of some raised investment projects
(i) Adjustment of estimated usable state time of some raised investment projects
In combination with the actual progress of the current raised investment projects, the company plans to adjust the estimated usable state time of some raised investment projects without any change in the project implementation subject and the investment purpose of the raised funds, as follows:
Sequence item name date when the item reaches the expected usable status date when the item reaches the expected usable status number (original plan) (after adjustment)
1 intelligent system integration center December 2021 June 2022
Construction Project
2 R & D center construction project December 2021 June 2022
（2） Reasons for delay of raised investment projects
The above raised investment projects are determined based on the company's development strategy, business development and industry development trend. The main implementation contents of the project include the construction and decoration expenses of intelligent system integration center and R & D center, purchase of R & D equipment, etc. Affected by covid-19 epidemic situation, the company's actual operation, market environment, delay in commissioning of imported equipment and other factors, the overall progress of the company's intelligent system integration center construction project and R & D center construction project has slowed down. The company fully considers the construction period of the project. After careful consideration, it plans to extend the time for the project to reach the expected usable state to June 2022.
4、 Impact of the delay of some raised investment projects on the company
The postponement of some raised investment projects is a prudent decision made according to the project arrangement, which only involves the change of project progress, not the change of project implementation subject and implementation mode. Although it has a certain impact on the implementation progress of raised investment projects, it has not changed or changed the investment direction of raised funds in a disguised form, and there is no damage to the interests of the company and shareholders, Comply with the relevant provisions of China Securities Regulatory Commission and Shanghai Stock Exchange on the management of funds raised by listed companies. The extension of the project will not have a significant adverse impact on the company's normal production and operation, which is in line with the company's long-term development plan.
5、 Review procedures performed by the company
On December 30, 2021, the 13th meeting of the third board of directors and the 12th meeting of the third board of supervisors deliberated and adopted the proposal on the extension of some investment projects with raised funds, and agreed that the expected usable state date of "intelligent system integration center construction project" and "R & D Center construction project" should be extended from December 2021 to June 2022. The independent directors and the board of supervisors of the company expressed their explicit consent to the extension of some of the above-mentioned raised investment projects.
6、 Description of special opinions
(i) Opinions of independent directors
The delay of the company's raised investment project is affected by covid-19 epidemic situation, the company's actual operation, market environment, delay in commissioning of imported equipment and other factors, which is consistent with the actual construction of the project invested with raised funds. The deliberation contents and procedures of this meeting comply with the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies, and the guidelines for the application of self regulatory rules for listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation There is no change or disguised change in the purpose of the raised funds and damage to the interests of the company and shareholders in accordance with the provisions of relevant laws, regulations and normative documents such as the Listing Rules of science and Innovation Board of Shanghai Stock Exchange and the management system of raised funds of the company.
Therefore, the independent directors agreed to postpone some raised investment projects of the company.
（2） Opinions of the board of supervisors
The delay of the company's raised investment project is affected by covid-19 epidemic situation, the company's actual operation, market environment, delay in commissioning of imported equipment and other factors, which is consistent with the actual construction of the project invested with raised funds. The deliberation contents and procedures of this meeting comply with the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies, and the guidelines for the application of self regulatory rules for listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation There is no change or disguised change in the purpose of the raised funds and damage to the interests of the company and shareholders in accordance with the provisions of relevant laws, regulations and normative documents such as the Listing Rules of science and Innovation Board of Shanghai Stock Exchange and the management system of raised funds of the company.
In conclusion, the board of supervisors agreed to the extension of some raised investment projects of the company.
（3） Opinions of the sponsor
The company's proposal on the extension of some investment projects with raised funds has been deliberated and adopted at the 13th meeting of the third board of directors and the 12th meeting of the third board of supervisors. The independent directors and the board of supervisors have expressed their independent opinions with explicit consent. The deliberation procedure is in line with the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies Guidelines for the application of self regulatory rules for companies listed on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation, the Listing Rules of shares on the science and Innovation Board of Shanghai Stock Exchange and other relevant regulations and normative documents, as well as the provisions of the company's management system for raised funds.
The postponement of some raised investment projects of the company is an adjustment made by the company according to the actual situation, which is conducive to the development and smooth implementation of raised investment projects. There is no change in the investment direction of raised funds and damage to the interests of shareholders, which is in line with the long-term planning and development needs of the company.
In conclusion, the recommendation institution has no objection to the extension of some raised investment projects of the company.
7、 Documents for future reference
1. Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) resolution of the 13th meeting of the third board of directors;
2. Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) resolution of the 12th meeting of the third board of supervisors;
3. Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) independent directors' independent opinions on relevant matters of the 13th meeting of the third board of directors;
4. Verification opinions of Ping An Securities Co., Ltd. on the extension of Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) some investment projects with raised funds.
It is hereby announced.
Jiangsu Jingyuan Environmental Protection Co.Ltd(688096) board of directors January 4, 2022
