Citic Securities Company Limited(600030)
About the funds raised in Zhang Xiaoquan Inc(301055) 2021
Special verification report on storage and use
Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) “) as the sponsor of Zhang Xiaoquan Inc(301055) (hereinafter referred to as ” Zhang Xiaoquan Inc(301055) ,” company “and” listed company “) for initial public offering and listing on GEM, In accordance with the measures for the administration of securities issuance and listing recommendation business, the guidelines for the standardized operation of companies listed on the gem of Shenzhen Stock Exchange, the Listing Rules of shares on the gem of Shenzhen Stock Exchange, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies and other relevant provisions, Special verification was conducted on the deposit and use of the raised funds in Zhang Xiaoquan Inc(301055) 2021. The verification results are as follows:
1、 Basic information of raised funds
(I) actual amount of funds raised and time of funds in place
With the approval of registration of Zhang Xiaoquan Inc(301055) initial public offering (zjxk [2021] No. 2314) issued by China Securities Regulatory Commission, Zhang Xiaoquan Inc(301055) (hereinafter referred to as “the company”) issued 39 million ordinary shares (A shares) in RMB for the first time, with a par value of 1.00 yuan per share and an issue price of 6.90 yuan per share, The total amount of funds raised is RMB 26910000000, and the actual net amount of funds raised after deducting relevant issuance expenses is RMB 20479161757. The above raised funds have reached the special account for raised funds of the company on August 30, 2021. The availability of raised funds has been verified by Tianjian Certified Public Accountants (special general partnership) and issued the capital verification report (Tianjian Yan [2021] No. 470). The company has stored the raised funds in a special account as required.
(II) use and balance of raised funds
The actual use of the raised funds of the company in 2021 was 2008073 million yuan, and the net amount of bank deposit interest received in 2021 after deducting bank handling charges was 94300 yuan. As of December 31, 2021, the balance of raised funds is RMB 4.0786 million (including the net amount of accumulated bank deposit interest received minus bank handling charges).
2、 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 stock listing rules of Shenzhen stock exchange, the guidelines for the standardized operation of companies listed on the gem of Shenzhen Stock Exchange and other relevant laws The management system of Zhang Xiaoquan Inc(301055) raised funds (hereinafter referred to as the management system) is formulated in accordance with the provisions of laws and regulations and normative documents and in combination with the actual situation of the company. According to the management, the company has implemented a special account for the raised funds, established a special account for the raised funds in the bank, and signed the tripartite supervision agreement for the raised funds with China Citic Bank Corporation Limited(601998) Hangzhou Qiantang sub branch, Industrial Bank Co.Ltd(601166) Shanghai Zhangyang sub branch, Agricultural Bank Of China Limited(601288) Hangzhou Jiangjin sub branch, China Zheshang Bank Co.Ltd(601916) Hangzhou branch together with the sponsor Citic Securities Company Limited(600030) in September 2021, In September 2021, the company, its subsidiary, Yangjiang Zhang Xiaoquan Inc(301055) Intelligent Manufacturing Co., Ltd., together with the sponsor Citic Securities Company Limited(600030) and Bank Of China Limited(601988) Yangjiang branch signed the four party supervision agreement on raised funds, which defined the rights and obligations of all parties. There is no significant difference between the fund-raising supervision agreement signed by the company and the model agreement, and the agreement is under normal performance.
(II) storage of raised funds in special account
As of December 31, 2021, the company has five special accounts for raised funds, and the deposits of raised funds are as follows:
Unit: RMB
Reserve for the balance of raised funds in the account number of the deposit bank
notes
China Citic Bank Corporation Limited(601998) 8110801013402259701 3,107517.44
Hangzhou Qiantang sub branch
Bank Of China Limited(601988) 708174773141 33,000.00
Yangjiang branch
Industrial Bank Co.Ltd(601166) 216620100100089105 2,840.53
Shanghai Zhangyang sub branch
China Agricultural Bank Of China Limited(601288) Co., Ltd. 190067010400147372132.73
Hangzhou Jiangjin sub branch of the company
China Zheshang Bank Co.Ltd(601916) 3310010010120101005830 3,988858.97
hangzhou branch
Total 7134967 note
Note: as of December 31, 2021, the difference between the balance of the special account for raised funds and the balance of raised funds is the issuance expenses that have not been paid and replaced.
3、 Actual use of raised funds in 2021
As of December 31, 2021, the use of the company’s raised funds is detailed in Schedule 1: comparison table of the use of raised funds.
4、 Change the use of funds for investment projects with raised funds
The company does not change the investment project of raised funds.
5、 Temporary replenishment of working capital by the company with idle raised funds
The company does not use idle raised funds to temporarily supplement working capital.
6、 Problems in the use and disclosure of raised funds
The company uses the raised funds in accordance with the provisions and requirements of relevant laws, regulations and normative documents, and timely discloses the use of the raised funds. There are no violations in the use and management of the raised funds.
7、 Concluding observations of the recommendation institution
Upon verification, Citic Securities Company Limited(600030) believes that, Zhang Xiaoquan Inc(301055) the deposit and use of raised funds in 2021 comply with the provisions of the administrative measures for securities issuance and listing recommendation business, the guidelines for the standardized operation of companies listed on the gem of Shenzhen Stock Exchange, the Listing Rules of shares on the gem of Shenzhen Stock Exchange, and the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies, The raised funds have been stored and used in a special account, and there is no case of changing the purpose of the raised funds in a disguised manner and damaging the interests of shareholders, and there is no case of illegal use of the raised funds.
Attached table 1: comparison of use of raised funds
Monetary unit: RMB 10000
Current year
The total amount of raised funds is 2047916 and the investment is 2008073
Fund collection
total
There was no change in the purpose of the raised funds during the reporting period
The total amount has accumulated 2008073
The accumulated total amount of raised funds with changed purposes has not been invested
Fund collection
The accumulated total amount of raised funds with changed purposes has no total amount
proportion
Whether the total investment of the project has been converted into the promised investment at the end of the year after the adjustment of raised funds (1) The predictability of the available amount of the investment progress is and the investment items of the over raised funds (including the amount (2) (%) (3) whether the daily benefits of the status are distributed to the part = (2) / (1) Significant change in current production weight (change)
Committed investment projects
Zhang Xiaoquan Inc(301055) Yangjiang Dao 180000180000180000180000 2021
Cutting intelligent manufacturing no 0 0 100.00 December [note] [note] no heart project
Enterprise management information no 500.00 500.00 101.57 101.57 20.31 for use in April 2023
Supplementary working capital no 197916197916197916197916 100.00 not applicable not applicable
Committed investment projects – 204791204791200807200807 – Subtotal 6 6 3
The investment direction of over raised funds is not 1
Repayment of bank loans —
(if any)
Supplementary working capital-
(if any)… Subtotal of investment of over raised funds
total
Failure to meet the plan
Degree or expected income
Situation and reasons (by specific project) project feasibility
No significant changes
Description of over raised funds
Amount, purpose and use not applicable
Progress of raised capital investment
Project implementation location: None
Changes in investment of raised funds
Project implementation mode: None
Adjustment
On September 17, 2021, the fifth meeting of the second session of the board of directors and the second meeting of the second session of the board of supervisors respectively considered the proposal on the use of raised funds to replace the early investment of pre invested raised projects and self raised projects with paid issuance expenses, It is agreed that the company will use the raised funds of 268435600 yuan to replace the self raised funds invested in the investment projects and replacement of the raised funds in advance. The specific replacement details are as follows: (1) Zhang Xiaoquan Inc(301055) Yangjiang knife and scissors intelligent manufacturing center project invested 267419900 yuan in advance; (2) The early investment of enterprise management informatization transformation project is 1015700 yuan
Raise funds with idle funds
No temporary replenishment flow of gold
There are some problems in the implementation of the project
Balance of raised funds
