Avary Holding (Shenzhen) Co.Limited(002938) 2021 special report and assurance report on the deposit and actual use of raised funds
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions. 1、 Basic information of raised funds
According to the reply on approval of Avary Holding (Shenzhen) Co.Limited(002938) initial public offering of shares (zjxk [2018] No. 1252) issued by China Securities Regulatory Commission on August 6, 2018, Avary Holding (Shenzhen) Co.Limited(002938) (hereinafter referred to as "the company") issued 231143082 ordinary shares in RMB to the public in September 2018, with an issue price of RMB 16.07 per share, The total amount of raised funds is 371446932774 yuan. After deducting the issuance fee of RMB 11324089638 (excluding value-added tax), the actual net amount of raised funds was RMB 3 Guangzhou Port Company Limited(601228) 43136 (hereinafter referred to as "raised funds"). The above funds were in place on September 11, 2018, which was verified by PricewaterhouseCoopers Zhongtian Certified Public Accountants (special Putong partnership) and issued a capital verification report of PricewaterhouseCoopers Zhongtian Yanzi (2018) No. 0555.
As of December 31, 2021, the company has used the raised funds of 90947241418 yuan in this year, including 15275119137 yuan of the accumulated interest income of the raised funds after deducting the handling fees, and 375397962273 yuan of the accumulated used raised funds. All the raised funds have been used up. 2、 Management of raised funds
In order to standardize the management and use of raised funds, the company has formulated the measures for the management of Avary Holding (Shenzhen) Co.Limited(002938) raised funds according to the actual situation. According to the management measures, the company implements a special account for the raised funds.
On September 28, 2018, the company, together with the sponsor Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai united"), signed the tripartite supervision agreement on the storage of raised funds with China Citic Bank Corporation Limited(601998) Shenzhen Fuqiang sub branch, China Merchants Bank Co.Ltd(600036) Shenzhen Bao'an sub branch, Bank Of China Limited(601988) Shenzhen Longhua sub branch, China Everbright Bank Company Limited Co.Ltd(601818) Shenzhen Nanshan Branch; The company and its subsidiaries hongqisheng precision electronics (Qinhuangdao) Co., Ltd., Qingding precision electronics (Huai'an) Co., Ltd. and Huatai United signed the four party supervision agreement on special account storage of raised funds with China Merchants Bank Co.Ltd(600036) Shenzhen Jian'an sub branch and Bank Of China Limited(601988) Shenzhen Longhua sub branch respectively.
As of December 31, 2021, the company has no unused raised funds, and the original special accounts for raised funds have been cancelled.
3、 Actual use of raised funds this year
The actual use of the company's raised funds in this year is shown in Schedule 1 comparison table of the use of raised funds. 4、 Change the use of funds of raised investment projects
In this year, there was no change in the raised investment projects of the company. 5、 Problems in the use and disclosure of raised funds
The relevant information disclosed by the company is not disclosed in a timely, true, accurate and complete manner. Attached table 1: comparison table of use of raised funds Avary Holding (Shenzhen) Co.Limited(002938) board of directors
March 16, 2022
Attached table 1: comparison of use of raised funds
Monetary unit: RMB
The total amount of raised funds is 3 Guangzhou Port Company Limited(601228) 43136, and the total amount of raised funds invested in this year is 90947241418
The total amount of raised funds with changed purposes during the reporting period is not applicable
The accumulative total amount of raised funds with changed purposes is not applicable. The accumulative total amount of raised funds invested is 375397962273. The proportion of the accumulative total amount of raised funds with changed purposes is not applicable
Whether the total investment amount of the project (including the total investment amount of the raised funds) has reached the feasibility of the project by the end of the year and whether the total investment amount of the project (including the total investment amount of the raised funds) has reached the feasibility of the project by the end of the year (%) can be used to determine whether there is a major change in benefits (3) = (2) / (1) date benefits change greatly
Qingding precision electronics (Huai'an) Co., Ltd
The company's flexible multilayer printed circuit board is not applicable to 2400000 China Vanke Co.Ltd(000002) 400000 China High-Speed Railway Technology Co.Ltd(000008) 2902778956253359853869 105.57 November 202120528843239 (Note 3) no
Production expansion project (Note 1) hongqisheng precision electronics (Qinhuangdao)
Limited company high-level HDI printing not applicable 1201228431361201228431368044462462122038108404 101.59 October 202120013183964 Yes No
Circuit board expansion project (Note 2)
Total - 3 Guangzhou Port Company Limited(601228) 431363 Guangzhou Port Company Limited(601228) 4313690947241418375397962273 104.24————
Reasons why the expansion project of flexible multilayer printed circuit board of Qingding precision electronics (Huai'an) Co., Ltd. did not achieve the expected benefits: according to the prospectus for initial public offering of Avary Holding (Shenzhen) Co.Limited(002938) (Shenzhen) Co., Ltd, The situation and reasons why the expansion of flexible multilayer printed circuit board of Qingding precision electronics (Huai'an) Co., Ltd. does not reach the planned progress or expected income (by specific project) the construction period of the project is 3 years, and the output is reached in the fourth year. In the year when the output is reached, the net profit is expected to be 3611155 million yuan.
The project reached the scheduled availability in November 2021, and the overall capacity utilization is still in the climbing stage. At the same time, it has been affected by covid-19 epidemic, Sino US trade war, dollar depreciation and other external factors in recent years, The expected benefits have not been achieved. The company will successfully complete the production and delivery of orders in hand by improving the utilization rate of production capacity, so as to promote the achievement of benefits.
Major changes in the feasibility of the project indicate that there is no major change in the feasibility of the project invested by raised funds this year.
Amount, purpose and use progress of over raised funds there is no use of over raised funds in this year.
Changes in the implementation location of projects invested with raised funds there was no change in the implementation location of projects invested with raised funds this year.
Adjustment of implementation mode of projects invested by raised funds there was no adjustment of implementation mode of projects invested by raised funds this year.
Advance investment and replacement of investment projects with raised funds there is no advance investment and replacement of investment projects with raised funds this year.
Temporary replenishment of working capital with idle raised funds there is no temporary replenishment of working capital with idle raised funds in this year.
Amount and reasons for the balance of raised funds in the implementation of the project as of December 31, 2021, there was no balance of raised funds.
Purpose and destination of unused raised funds as of December 31, 2021, there is no unused raised funds.
Problems or other conditions existing in the use and disclosure of raised funds. There is no other use of raised funds in this year.
Note 1: as of the end of the year, the difference between the accumulated investment amount and the committed investment amount of the flexible multilayer printed circuit board expansion project of Qingding precision electronics (Huai'an) Co., Ltd. is 13359853869 yuan, which is the net amount of the interest generated from the raised funds after deducting the handling fees.
Note 2: as of the end of the year, the difference between the accumulated investment amount and the committed investment amount of the high-level HDI printed circuit board expansion project of hongqisheng precision electronics (Qinhuangdao) Co., Ltd. is 1915265268 yuan, which is the net amount of the interest generated from the raised funds after deducting the handling fee. Note 3: the reason why the flexible multilayer printed circuit board expansion project of Qingding precision electronics (Huai'an) Co., Ltd. failed to achieve the expected benefits: according to the prospectus for Avary Holding (Shenzhen) Co.Limited(002938) initial public offering of shares, the construction period of the flexible multilayer printed circuit board expansion project of Qingding precision electronics (Huai'an) Co., Ltd. is 3 years, and the production capacity is reached in the fourth year, In the year of reaching production capacity, it is expected to realize a net profit of 3611155 million yuan. The project reached the expected usable state in November 2021, and the overall capacity utilization is still in the climbing period. At the same time, due to the covid-19 epidemic, the Sino US trade war, the depreciation of the US dollar and other external factors in recent years, the expected benefits have not been achieved. The company will successfully complete the production and delivery of orders in hand by improving the utilization rate of production capacity, so as to promote the achievement of benefits.
