Huatai United Securities Co., Ltd
About Avary Holding (Shenzhen) Co.Limited(002938) (Shenzhen) Co., Ltd
Verification opinions on the deposit and actual use of raised funds in 2021
Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai united" and "sponsor") is the sponsor of the initial public offering of shares of Avary Holding (Shenzhen) Co.Limited(002938) (Shenzhen) Co., Ltd. (hereinafter referred to as " Avary Holding (Shenzhen) Co.Limited(002938) " company "), According to the measures for the administration of securities issuance and listing recommendation business, the stock listing rules of Shenzhen Stock Exchange (revised in 2022), the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 13 - recommendation business, and the regulatory guidelines for listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies (revised in 2022) According to the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board and other relevant provisions, the deposit and actual use of raised funds in Avary Holding (Shenzhen) Co.Limited(002938) 2021 were carefully verified, and the verification opinions are as follows:
1、 Basic information of raised funds
(I) actual amount of raised funds and time of fund arrival
According to the reply on Approving the initial public offering of shares of Avary Holding (Shenzhen) Co.Limited(002938) (Shenzhen) Co., Ltd. (hereinafter referred to as "the company") issued by the China Securities Regulatory Commission on August 6, 2018, Avary Holding (Shenzhen) Co.Limited(002938) (Shenzhen) Co., Ltd. (hereinafter referred to as "the company") issued 231143082 ordinary shares in RMB to the public in September 2018, The total issue price is RMB 144327707 per share. 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"), and the above funds were in place on September 11, 2018, It has been verified by PricewaterhouseCoopers Zhongtian Certified Public Accountants (special general partnership) and issued PwC Zhongtian Yan Zi (2018) No. 0555 capital verification report.
(II) use of raised funds and ending balance of the year
As of December 31, 2021, the company used 90947241418 yuan of raised funds in this year, including 15275119137 yuan of accumulated interest income of raised funds after deducting handling fees, and 375397962273 yuan of accumulated used raised funds. All the raised funds have been used up.
2、 Deposit and management of raised funds
(I) management system of raised funds
In order to standardize the management and use of the raised funds, the company has formulated the Avary Holding (Shenzhen) Co.Limited(002938) (Shenzhen) special account storage according to the actual situation.
(II) supervision agreement of raised funds
On September 28, 2018, the company and the sponsor 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 and China Everbright Bank Company Limited Co.Ltd(601818) Shenzhen Nanshan sub branch respectively; 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 the storage of special account for 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. (III) storage of raised funds in special account
On 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
For the actual use of the company's raised funds in 2021, see the attached table comparison table of the use of raised funds. 4、 Change the use of funds for investment projects with raised funds
In 2021, there was no change in the company's raised investment projects.
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.
6、 Verification opinions of the recommendation institution
The sponsor has checked the deposit and use of Avary Holding (Shenzhen) Co.Limited(002938) raised funds and the implementation of the investment project of the raised funds through data review, on-site inspection, interview and communication. The main verification contents include: consulting the bank statement of the company's raised funds, the original certificate of the use of the raised funds Relevant announcements and supporting documents on the use of raised funds, and communicate with relevant personnel such as senior executives and middle managers of the company.
After verification, the sponsor believes that: Avary Holding (Shenzhen) Co.Limited(002938) strictly implemented the special account storage system for raised funds, effectively implemented the supervision agreement, and the relevant information disclosed is timely, true, accurate and complete, There is no violation of the relevant provisions of the guidelines on self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board and the guidelines on supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies (revised in 2022), There is no case of changing the purpose of the raised funds in a disguised form or using the raised funds in violation of regulations that harm the interests of shareholders.
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(there is no text on this page, which is the signature page of the verification opinions of Huatai United Securities Co., Ltd. on the deposit and actual use of raised funds of Avary Holding (Shenzhen) Co.Limited(002938) (Shenzhen) Co., Ltd. in 2021)
Sponsor representative:
Zhang Xiaoning wavelet
Huatai United Securities Co., Ltd. attached table: comparison table of the 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 after adjustment of the committed investment of raised funds has been changed. The total investment amount of the current year has been invested by the end of the year. Whether the projects invested by the end of the year have reached the project feasibility commitment investment projects and over raised funds change projects expected to be realized in the current year (including the total amount (1) investment amount (2) capital progress (%) Determine whether there is a partial change in reinvestment from the benefit of available status to the expected change) (3) = (2) significant change in benefit on status date
/（1）
Qingding precision electronics (Huai'an) (note
Flexible multilayer printed circuit of limited company is not applicable to 2400000 China Vanke Co.Ltd(000002) 400000 China High-Speed Railway Technology Co.Ltd(000008) 2902778956253359853869 105.57 November 202120528843239 3) no
Board expansion project (Note 1) hongqisheng precision electronics (Qinhuangdao)
Limited high-level HDI printed power is not applicable 1201228431361201228431368044462462122038108404 101.59 October 202120013183964 Yes No
Road slab production 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, Circumstances 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 projects). The construction period of the production project is 3 years, and the production is reached in the fourth year. In the year when the production 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.
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