Iray Technology Company Limited(688301)
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), the company will report the use of the previously raised funds as of December 31, 2021 as follows: I. Basic information of the previously raised funds
（1） The amount of funds raised last time and the time of receipt of funds
According to the reply on Approving the registration of Shanghai yiruiguang Electronic Technology Co., Ltd. in the initial public offering issued by the China Securities Regulatory Commission (zjxk [2020] No. 1823), the company issued 18.2 million ordinary shares (A shares) in RMB for the initial public offering, with an issue price of RMB 119.60 per share, The total amount of funds raised is RMB 217672 million. After deducting the underwriting and recommendation expenses and other expenses related to the issuance (excluding value-added tax) of RMB 1905506 million, the actual net amount of funds raised is RMB 19861694 million. The net amount of the above raised funds has been fully in place, which has been verified by Lixin Certified Public Accountants (special general partnership) and confirmed by issuing the capital verification report (Xin Kuai Shi Bao Zi [2020] No. za15507).
（2） Deposit of the previously raised funds in the special account
On September 11, 2020, the initial deposit amount of the company’s raised capital account was 1994746200 yuan. As of December 31, 2021, the accumulated amount of the company’s previously raised funds invested in the projects invested by raising funds was 3986434 million yuan, the over raised funds were used to permanently supplement the working capital of 350 million yuan, the company paid other issuance expenses for issuing shares of 199925 million yuan, and the net income of account interest (including income from financial products) was 572038 million yuan, The net amount of financial products purchased with idle raised funds was 1105019500 yuan, the input tax on issuance expenses was 11415700 yuan, and the balance of raised funds account was 189710400 yuan. As of December 31, 2021, the storage of raised funds is listed as follows:
Monetary unit: RMB 10000
Initial deposit bank name account number initial deposit date deposit entity closing date balance
Deposit amount method
Citibank (China) Co., Ltd. Shanghai yiruiguang Electronic Technology Co., Ltd. in September 2020
17784782225000.00 36.26 current
Shanghai Branch Co., Ltd
Initial deposit bank name account number initial deposit date deposit entity closing date balance
Deposit amount method
Bank Of Suzhou Co.Ltd(002966) Taitai September 2020 Shanghai yiruiguang Electronic Technology Co., Ltd
5183060 Xinjiang Tianshan Cement Co.Ltd(000877) 25000.00 229.96 current warehouse sub branch 11ri Co., Ltd
China Merchants Bank Co.Ltd(600036) Shanghai September 2020 Shanghai yiruiguang Electronic Technology Co., Ltd
12190922421031865000.00743343 current pilot Free Trade Zone Branch 11ri Co., Ltd
China China Minsheng Banking Corp.Ltd(600016) Co., Ltd. Shanghai yiruiguang Electronic Technology Co., Ltd. September 2020
65616666310447462 133.89 current Division Shanghai Branch 11ri Co., Ltd
Bank Of Suzhou Co.Ltd(002966) taiyirui Image Technology Chengdu Co., Ltd
519396 China Baoan Group Co.Ltd(000009) 76 not applicable not applicable 160.46 current warehouse sub branch Co., Ltd
China Merchants Bank Co.Ltd(600036) Shanghai Yirui image technology (Haining)
121941209010330 not applicable not applicable 1097704 current pilot Free Trade Zone Branch Co., Ltd
Total 199474621897104
2、 Actual use of the previously raised funds (I) comparison table of the use of the previously raised funds
Please refer to attached table 1 for the comparison table of the use of the previously raised funds.
（2） Changes in the actual investment projects of the previously raised funds
1. On October 26, 2020, the company held the 17th meeting of the first board of directors and the 11th meeting of the first board of supervisors, deliberated and adopted the proposal on the new implementation subject and implementation place of some raised capital investment projects of the company, It is proposed to establish a wholly-owned subsidiary Yirui image technology (Haining) Co., Ltd. (hereinafter referred to as “Yirui Haining”) as the new implementation subject of the production base construction project, and the new Haining Economic Development Zone is the implementation place of the raised investment project. The company plans to use the raised funds of no more than 250 million yuan to establish a wholly-owned subsidiary Yirui Haining. The registered capital of Yirui Haining is proposed to be 150 million yuan and the registered address is Haining Economic Development Zone. Except for the new implementation subject and location of the above-mentioned raised investment projects, there is no change in the total investment and construction content. The independent directors of the company expressed their independent opinions on the above matters. The recommendation institution has no objection to the new implementation subject and implementation place of some raised investment projects of the company.
2. The second meeting of the second board of directors and the second meeting of the second board of supervisors held on March 23, 2021 deliberated and adopted the proposal on the new implementation subjects and implementation locations of some raised capital investment projects of the company. In order to deal with the diversified detection application trend and technical requirements in the industrial field and strengthen the reserve and layout of detection technology, The company plans to use the wholly-owned holding subsidiary Yirui Image Technology Chengdu Co., Ltd. (hereinafter referred to as “Yirui Chengdu”) as the new implementation subject of the R & D center construction project to conduct in-depth research on high-performance detectors and applications. The company has an industrial plant in Chengdu, which is intended to be the main implementation site of the project. Except for the new implementation subject and location of the above-mentioned raised investment projects, there is no change in the total investment and construction content. The independent directors of the company expressed their independent opinions on the above matters. The recommendation institution has no objection to the new implementation subject and implementation place of some raised investment projects of the company. （3） External transfer or replacement of investment projects with previously raised funds
As of December 31, 2021, there was no external transfer or replacement of investment projects of the company’s previously raised funds. （4） Use of temporarily idle raised funds
1. On October 26, 2020, the company held the 17th meeting of the first board of directors and the 11th meeting of the first board of supervisors, deliberated and adopted the proposal on using temporarily idle raised funds for cash management, and agreed that the company would not affect the construction and use of raised funds and the safety of raised funds, Use the temporarily idle raised funds of no more than RMB 1.9 billion for cash management, and purchase investment products with high safety, good liquidity and low risk level (including but not limited to financial products, structured deposits, time deposits, large certificates of deposit, seven day notice deposits, etc.), and such cash management products shall not be used for pledge, Not used for the purpose of securities investment. The above amount of funds can be used on a rolling basis within 12 months from the date of adoption by the board of directors, and the chairman is authorized to exercise the decision-making power and sign relevant legal documents. The specific operations shall be organized and implemented by the company’s financial center. The independent directors of the company expressed their independent opinions on the above matters. The recommendation institution has no objection to the company’s use of temporarily idle raised funds for cash management. 2. On October 21, 2021, the company held the eighth meeting of the second board of directors and the eighth meeting of the second board of supervisors, deliberated and adopted the proposal on cash management with temporarily idle raised funds, and agreed that the company would not affect the construction and use of raised funds and the safety of raised funds, Use the temporarily idle raised funds of no more than RMB 1.4 billion for cash management, and purchase investment products with high safety, good liquidity and low risk level (including but not limited to financial products, structured deposits, time deposits, large certificates of deposit, seven day notice deposits, etc.), and such cash management products shall not be used for pledge, Not used for the purpose of securities investment. The above amount of funds can be used on a rolling basis within 12 months from the date of adoption by the board of directors, and the chairman is authorized to exercise the decision-making power and sign relevant legal documents. The specific operations shall be organized and implemented by the company’s financial center. The independent directors of the company expressed their independent opinions on the above matters. The recommendation institution has no objection to the company’s use of temporarily idle raised funds for cash management.
As of December 31, 2021, the balance of funds raised by the company for cash management was 1105019500 yuan, including 397 million yuan of structural deposits, 3730195 million yuan of seven-day call deposits and 335 million yuan of certificates of deposit.
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
Please refer to attached table 2 for the comparison table of the realized benefits of the investment projects with the previously raised funds.
（2） Reasons and conditions for the inability to separately calculate the benefits of the investment projects invested with the previously raised funds
“R & D center construction project” is a R & D project. The implementation of the project aims to introduce new talents for the company, provide sufficient R & D funds, effectively improve the experience and strength of the company’s scientific research team, further improve the company’s scientific and technological innovation system, greatly improve the company’s independent innovation ability, promote the close combination of science and technology and production, and accelerate the transformation of scientific and technological achievements, It lays a solid foundation for the company to grow into a global leading supplier of detector integrated solutions. The benefits are reflected in the overall economic benefits of the company and cannot be calculated separately.
“Marketing and service center construction project” is an upgrade of the company’s marketing service network. Through the implementation of the project, the company will build marketing and service centers in Shanghai, South Korea, North America and Europe to form a chain marketing and service network with distinct levels, orderly division of labor and reasonable layout, aiming to provide sales and service capacity of new businesses and regions and shorten service response time
