Zhejiang Taitan Co.Ltd(003036)
As of December 31, 2021
Report on the use of previously raised funds and assurance report
Page 1 of the table of contents 1. Authentication report of the report on the use of the previously raised funds 1-2 2. Report on the use of the previously raised funds 1-3
About Zhejiang Taitan Co.Ltd(003036) as of December 31, 2021
Verification report of the report on the use of the previously raised funds
Xin Hui Shi Bao Zi [2022] No. zf10106 Zhejiang Taitan Co.Ltd(003036) all shareholders:
We have accepted the entrustment to carry out reasonable assurance on the attached report on the use of the previously raised funds of Zhejiang Taitan Co.Ltd(003036) (hereinafter referred to as the "report on the use of the previously raised funds") as of December 31, 2021. 1、 Responsibilities of management
Zhejiang Taitan Co.Ltd(003036) the management of the company is responsible for preparing the report on the use of the funds raised last time in accordance with the provisions on the report on the use of the funds raised last time (Zheng Jian FA FA Zi [2007] No. 500) of the China Securities Regulatory Commission. This responsibility includes designing, implementing and maintaining the internal control related to the preparation of the report on the use of the previously raised funds, so as to ensure that the report on the use of the previously raised funds is true, accurate and complete, and there are no false records, misleading statements or major omissions.
2、 Responsibilities of Certified Public Accountants
Our responsibility is to publish the assurance conclusion of the report on the use of the previously raised funds on the basis of the implementation of the assurance work.
3、 Overview of work
We have carried out the assurance business in accordance with the provisions of other assurance business standards for Chinese certified public accountants No. 3101 - assurance business other than audit or review of historical financial information. The standards require us to abide by the code of professional ethics, plan and implement the assurance work, so as to determine whether the report on the use of the previously raised funds is prepared in all major aspects in accordance with the provisions on the report on the use of the previously raised funds (Zheng Jian FA Xing Zi [2007] No. 500) of the China Securities Regulatory Commission, Truthfully reflect the use of the previously raised funds of Zhejiang Taitan Co.Ltd(003036) company as of December 31, 2021, and obtain reasonable assurance. In the process of carrying out the assurance work, we have implemented the procedures we consider necessary, including inquiry, inspection of accounting records and so on. We believe that our assurance work provides a reasonable basis for issuing assurance conclusions.
4、 Assurance conclusion
We believe that the report on the use of the funds raised by Zhejiang Taitan Co.Ltd(003036) company for the last time as of December 31, 2021 is prepared in accordance with the provisions on the report on the use of the funds raised by Zhejiang Taitan Co.Ltd(003036) company for the last time (Zheng Jian FA FA Zi [2007] No. 500) issued by China Securities Regulatory Commission in all major aspects, and truthfully reflects the use of the funds raised by Zhejiang Taitan Co.Ltd(003036) company as of December 31, 2021.
5、 Report usage restrictions
This report is only used by Zhejiang Taitan Co.Ltd(003036) company for the purpose of applying for public issuance of convertible corporate bonds, and shall not be used for any other purpose.
Chinese Certified Public Accountants of Lixin certified public accountants:
(special general partnership)
Chinese certified public accountant:
Chinese certified public accountant:
Shanghai, China March 15, 2002
Zhejiang Taitan Co.Ltd(003036)
Report on the use of previously raised funds as of December 31, 2021
Zhejiang Taitan Co.Ltd(003036) as of December 31, 2021
Report on the use of previously raised funds
In accordance with the provisions of the China Securities Regulatory Commission on the report on the use of the previously raised funds (Zheng Jian FA FA Zi [2007] No. 500), Zhejiang Taitan Co.Ltd(003036) (hereinafter referred to as " Zhejiang Taitan Co.Ltd(003036) company" and "company") will report the use of the previously raised funds as of December 31, 2021 as follows: I Basic information of the funds raised in the previous time (I) amount of the funds raised in the previous time and time of receipt of the funds
With the approval of the reply on Approving the initial public offering of Zhejiang Zhejiang Taitan Co.Ltd(003036) Co., Ltd. (zjxk [2021] No. 27) issued by the China Securities Regulatory Commission, the company issued 54 million RMB ordinary shares (A shares) to the public for the first time, with a par value of RMB 1.00 per share and an issue price of RMB 5.72 per share, The total amount of raised funds is 3088000000 yuan. According to the capital verification report (xksbz [2021] No. zf10030) issued by Lixin Certified Public Accountants (special general partnership), as of January 25, 2021, the underwriting institution Hualong Securities Co., Ltd. received the subscription amount of RMB 3088000000 (including the underwriting part), after deducting the issuance expenses (excluding value-added tax) of RMB 5610749350, The net amount of raised funds is 25277250650 yuan.
(II) deposit and management of raised funds
In order to regulate the management and use of the company's raised funds and protect the legitimate rights and interests of investors, in accordance with relevant laws such as Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 1 - standardized operation of listed companies on the main board, regulatory guidelines for listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies According to laws, regulations and normative documents, the company has formulated the management system of raised funds, and the company manages and uses the raised funds in strict accordance with the provisions of the management system of raised funds.
The company, together with the sponsor Hualong Securities Co., Ltd., respectively signed the tripartite supervision agreement on raised funds with the business department of Bank Of China Limited(601988) Xinchang sub branch, Xinchang sub branch of industrial and Commercial Bank of China and gaoxinyuan technology sub branch of Zhejiang Xinchang Rural Commercial Bank Co., Ltd. in February 2021 and opened a special account for raised funds.
There is no significant difference between the tripartite supervision agreement signed by the company and the model tripartite supervision agreement of Shenzhen Stock Exchange, and the performance of the tripartite supervision agreement is normal.
As of December 31, 2021, the deposit of the company's previously raised funds in the bank account is listed as follows: amount unit: RMB
Account name financial institution name account number initial deposit amount ending balance deposit method Zhejiang Titan stock Bank Of China Limited(601988) Co., Ltd. 258329185 current
Copy Co., Ltd. Xinchang sub branch 38577906129728208754717 (Note 2)
Zhejiang Titan shares China Industrial And Commercial Bank Of China Limited(601398) shares current
Xinchang sub branch 1211028029201552982 - 67 Dongguan Huali Industries Co.Ltd(603038) 4
Zhejiang Titan shares Zhejiang Xinchang rural business
- Bank Co., Ltd. 2010 Shandong Longquan Pipeline Engineering Co.Ltd(002671) 62661-
Gaoxinyuan science and technology sub branch
Total 28208754717934359569
Zhejiang Taitan Co.Ltd(003036)
Report on the use of previously raised funds as of December 31, 2021
Note 1: the company has transferred the supplementary working capital in the raised investment project into the general bank account of the company as planned. In order to facilitate management, the raised capital account corresponding to the project "gaoxinyuan science and technology sub branch of Zhejiang Xinchang Bank Rural Commercial Bank Co., Ltd. 2010 Shandong Longquan Pipeline Engineering Co.Ltd(002671) 62661" was cancelled on May 11, 2021, The corresponding tripartite supervision agreement for the raised funds shall be terminated accordingly.
Note 2: the account has 150 million yuan of temporarily idle raised funds to purchase structured deposits.
2、 Actual use of the previously raised funds (I) comparison table of the use of the previously raised funds
The total amount of funds raised by the company last time was 308.88 million yuan. According to the purpose of the raised funds, it is planned to be used for "intelligent textile machinery equipment manufacturing base construction project", "marketing network information platform project" and "supplementary working capital project". As of December 31, 2021, 947027 million yuan has been actually invested. See Annex 1 of this report for the comparison table of the use of the previously raised funds.
（2） Changes in the actual investment projects of the previously raised funds
As of December 31, 2021, the company has not changed the actual investment projects of the previously raised funds.
（3） External transfer or replacement of investment projects with previously raised funds
The company held the second meeting of the ninth board of directors and the second meeting of the ninth board of supervisors on March 11, 2021, and deliberated and adopted the proposal on using raised funds to replace self raised funds for early invested projects and paid issuance expenses, It is agreed that the company will use the raised funds of RMB 3447157240 to replace the self raised funds that have been invested in the investment projects with raised funds in advance, and Lixin Certified Public Accountants (special general partnership) issued the verification report on Zhejiang Taitan Co.Ltd(003036) replacing the self raised funds of the investment projects with raised funds (xksbz [2021] No. zf10110).
（4） Use of temporarily idle raised funds
The company held the second meeting of the ninth board of directors and the second meeting of the ninth board of supervisors on March 11, 2021, deliberated and approved the proposal on using some idle raised funds for cash management, and agreed that the company should use the idle raised funds of no more than 150 million yuan for cash management, The quota is valid for 12 months from the date of deliberation and approval by the board of directors, and can be recycled and used within the above quota and period. As of December 31, 2021, the balance of financial products purchased by the company with idle raised funds is RMB 150 million, as follows:
Sequence amount annualized rate of return product name product type start date expiration date
No. (10000 yuan) (expected) linked structured deposit principal and minimum
1 (csdvy202102096) income type 51 Shenzhen Zhongheng Huafa Co.Ltd(000020) 21-3-182022-2-24 2.07% - 3.45% linked structured deposit principal and interest protection minimum
2 (csdvy202102097) income type 49 Shenzhen Zhongheng Huafa Co.Ltd(000020) 21-3-182022-2-25 2.06% - 3.46% linked structured deposit principal and minimum guarantee
3 (csdvy202107505) revenue type 5 China Vanke Co.Ltd(000002) 021-9-272022-1-3 1.50% - 3.50%
Zhejiang Taitan Co.Ltd(003036)
Report on the use of previously raised funds as of December 31, 2021
3、 Economic benefits of the projects invested with the funds raised last time (I) comparison table of benefits realized by the projects invested with the funds raised last time
1. See attached table 2 for the comparison table of the benefits achieved by the investment projects with the previously raised funds.
2. The calculation caliber and calculation method of realized benefits in each period in the comparison table are consistent.
（2） Reasons and conditions for the inability to separately calculate the benefits of the investment projects invested with the previously raised funds
The marketing network information platform project does not directly generate benefits. It aims to expand the market field, promote product sales and digest the new production capacity. It helps to improve the overall image and market influence of the company and create more sales opportunities for the company
