catalogue
1、 Assurance report on the annual deposit and use of raised funds Page 1-2 II. Special report on the annual deposit and use of raised funds……………….. page 3-13
Verification report on annual deposit and use of raised funds
TJS [2022] No. 1119
All shareholders of satellite Chemical Co., Ltd.:
We have verified the attached special report on the annual storage and use of raised funds in 2021 prepared by the board of directors of satellite Chemical Co., Ltd. (hereinafter referred to as satellite Chemical Co., Ltd.).
1、 Restrictions on the users and purposes of the report
This assurance report is only used for the disclosure of the annual report of satellite chemical company and shall not be used for any other purpose. We agree to take this assurance report as a necessary document for the annual report of satellite chemical company, submit it together with other documents and disclose it to the public.
2、 Responsibilities of the board of directors
The responsibility of the board of directors of satellite chemical company is to provide true, legal and complete relevant materials, prepare the special report on the annual storage and use of raised funds in accordance with the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board (SZS [2022] No. 13) and relevant format guidelines, and ensure that its contents are true, accurate and complete without false records Misleading statements or material omissions.
3、 Responsibilities of Certified Public Accountants
Our responsibility is to independently put forward the assurance conclusion of the above report prepared by the board of directors of satellite chemical company on the basis of the implementation of the assurance work.
4、 Job overview
We have carried out the assurance business in accordance with the provisions of the practice standards of Chinese certified public accountants. The Chinese CPA practice standards require us to plan and implement the assurance work to obtain reasonable assurance about whether the information of the assurance object is free from material misstatement. In the assurance process, we have implemented procedures that we consider necessary, including checking accounting records. We believe that our assurance work provides a reasonable basis for expressing opinions.
5、 Assurance conclusion
We believe that the special report on the annual deposit and use of raised funds prepared by the board of directors of satellite chemical company in 2021 complies with the provisions of self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board (SZS [2022] No. 13) and relevant format guidelines, and truthfully reflects the actual deposit and use of raised funds of satellite chemical company in 2021. Tianjian Certified Public Accountants (special general partnership) Chinese certified public accountant:
Hangzhou, China Certified Public Accountant:
March 18, 2002
Satellite Chemical Co., Ltd
Special report on the annual storage and use of raised funds
In accordance with the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board (SZS [2022] No. 13) and relevant format guidelines issued by Shenzhen Stock Exchange, the deposit and use of the company’s raised funds in 2021 are specially explained as follows.
1、 Basic information of raised funds
（1） Actual amount of raised funds and time of fund arrival
Non public offering of basic shares in 2017 1
With the approval of zjxk [2017] No. 558 document of China Securities Regulatory Commission, the company’s main underwriter Guosen Securities Co.Ltd(002736) issued 2 Beijing Jingyuntong Technology Co.Ltd(601908) 06 ordinary shares in RMB to specific objects in a non-public manner, with an issue price of 11.53 yuan per share, raising a total of 29999999318 yuan, and 297137999318 yuan after deducting 2862000000 yuan of underwriting and recommendation fees, It was remitted by the lead underwriter Guosen Securities Co.Ltd(002736) to the regulatory account of the raised funds of the company on July 14, 2017. In addition, after deducting 337126731 yuan of additional external expenses directly related to the issuance of equity securities, such as online issuance fee, prospectus printing fee, reporting accountant fee, lawyer fee and evaluation fee, the net amount of funds raised by the company this time is 296800872587 yuan. The availability of the above raised funds has been verified by Tianjian Certified Public Accountants (special general partnership), who issued the capital verification report (Tianjian Yan [2017] No. 272).
2. Basic information of funds raised by non-public offering of A-Shares in 2020
With the approval of zjxk [2020] No. 1437 document of China Securities Regulatory Commission, the joint lead underwriters Guosen Securities Co.Ltd(002736) and Citic Securities Company Limited(600030) issued 159829515 RMB ordinary shares (A shares) to specific objects by means of non-public offering, with an issue price of 18.77 yuan per share, raising a total of 299999655 yuan, The raised capital after deducting the underwriting and recommendation fee of 2120000000 yuan (excluding tax amount of 2000000000 yuan) is 297879999655 yuan, which has been remitted to the raised capital supervision account of the company by the lead underwriter Guosen Securities Co.Ltd(002736) on October 26, 2020. In addition, after deducting 355644294 yuan of additional external expenses (excluding tax) directly related to the issuance of equity securities, such as reporting accountant fees, lawyer fees, securities registration fees and information disclosure fees, the net amount of funds raised by the company this time is 297644355361 yuan. The availability of the above raised funds has been verified by Tianjian Certified Public Accountants (special general partnership) and issued a capital verification report (Tianjian Yan [2020] No. 457).
（2） Use and balance of raised funds
1. Use of funds raised by non-public offering of A-Shares in 2017
The company has used the raised funds of 302217223150 yuan in previous years, and the net amount of bank deposit interest received in previous years after deducting bank handling charges is 7864881847 yuan; In 2021, the project investment consumed 3025459129 yuan of raised funds and recovered 10000000000 yuan of temporary supplementary working funds. The total fund balance and interest income of the special account for raised funds with permanent supplementary working funds were 9494226581 yuan, and the net amount of bank deposit interest received after deducting bank handling charges was 71154426 yuan; The accumulated used raised capital is 304736908860 yuan (including 92161131038 yuan of permanent supplementary working capital), and the accumulated net amount of bank deposit interest received after deducting bank handling charges is 7936036273 yuan.
The company held the 7th Meeting of the 4th board of directors and the 7th Meeting of the 4th board of supervisors on June 29, 2021, deliberated and passed the proposal on closing the investment projects with raised funds and permanently replenishing the balance of raised funds into working capital. In view of the fact that the construction of the investment project funded by the company’s non-public offering of A-Shares in 2017 has been completed, and the payment period of the unpaid balance or warranty deposit is long, in order to reduce the company’s financial expenses and create greater benefits for the company and shareholders, The company agrees to close the investment projects with the raised funds and raise the balance of 943579 million yuan as of June 16, 2021 (including the unpaid contract balance of equipment and infrastructure projects and quality assurance deposit of 891161 million yuan, as well as the accumulated interest income generated from the project account of raised funds from the permanent replenishment of working capital in 2019 to June 16, 2021) Permanent replenishment of working capital (the specific amount shall be subject to the bank interest settlement balance on the day of capital transfer out). As of December 31, 2021, the enterprise has used the remaining raised funds of 949423 million yuan in the corresponding special account for raised funds to permanently supplement working capital.
2. Use of funds raised by non-public offering of A-Shares in 2020
In 2020, the company raised a net amount of 297644355361 yuan by means of non-public offering of a shares. On November 21, 2020, the 37th meeting of the third board of directors and the 33rd meeting of the third board of supervisors considered and adopted the proposal on replacing self raised funds invested in investment projects with raised funds in advance, It is agreed to use the raised funds of RMB 297644355361 in 2020 and the interest (the amount of interest shall be subject to the actual arrival) to replace the self raised funds invested in advance.
As of December 31, 2020, the company has replaced the raised funds with the self raised funds that have been invested in the investment projects with raised funds in advance in accordance with the regulations, the special account for raised funds is no longer used, and the cancellation procedures have been completed.
2、 Deposit and management of raised funds
（1） 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, 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 (revised in 2022) (SZS [2022] No. 12) and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of main board listed companies (SZS [2022] No. 13) and other relevant laws, regulations and normative documents, and in combination with the actual situation of the company, The management measures for Zhejiang Satellite Petrochemical Co.Ltd(002648) raised funds (hereinafter referred to as the management measures) has been formulated.
1. Funds raised from non-public offering of A-Shares in 2017
According to the management measures, according to the management measures, the company has implemented a special account for the funds raised, set up a special account for the funds raised in the bank, and along with the recommendation agency . Hongda Xingye Co.Ltd(002002) 736 Jiaxing Branch China Minsheng Banking Corp.Ltd(600016) Jiaxing Branch signed the tripartite supervision agreement on raised funds, which defined the rights and obligations of all parties. There is no significant difference between the tripartite regulatory agreement and the model tripartite regulatory agreement of Shenzhen Stock Exchange, and the company has strictly complied with the raised funds.
2. Funds raised by non-public offering of A-Shares in 2020
According to the management measures, according to the management measures, the company has implemented a special account for the funds raised, set a special account for the funds raised in the bank, and together with the recommendation agency Hongda Xingye Co.Ltd(002002) 736 citybranch China Citic Bank Corporation Limited(601998) Jiaxing Xiuzhou sub branch signed the tripartite supervision agreement on raised funds, which defined the rights and obligations of all parties. There is no significant difference between the tripartite supervision agreement and the model tripartite supervision agreement of Shenzhen Stock Exchange, and the company has strictly complied with the raised funds.
（2） Storage of raised funds in special account
As of December 31, 2021, the company has 18 special accounts for raised funds, and the deposits of raised funds are as follows:
Unit: RMB
Deposit bank account number account name raised fund balance remarks
Deposit bank account number account name raised fund balance remarks
Funds raised from non-public offering of A-Shares in 2017
China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. 1204060029 Konka Group Co.Ltd(000016) 012 Zhejiang Satellite Petrochemical Co.Ltd(002648) 0.00 closed Company Jiaxing Branch
China Citic Bank Corporation Limited(601998) 8110801013801201201201213 Zhejiang Satellite Petrochemical Co.Ltd(002648) 0.00 closed account of Jiaxing Branch
China Merchants Bank Co.Ltd(600036) 573900389110999 Zhejiang Satellite Petrochemical Co.Ltd(002648) 0.00 closed account of Jiaxing Branch
Industrial Bank Co.Ltd(601166) 358500100571008 Zhejiang Satellite Petrochemical Co.Ltd(002648) 0.00 closed account of Jiaxing Branch
China China Construction Bank Corporation(601939) Co., Ltd. 33050163804709157157 Zhejiang Satellite Petrochemical Co.Ltd(002648) 0.00 closed Company Jiaxing Branch
Bank Of China Limited(601988) 403973072776 Zhejiang Satellite Petrochemical Co.Ltd(002648) 0.00 closed account of Jiaxing Branch
China China Minsheng Banking Corp.Ltd(600016) Co., Ltd. 602227771 Zhejiang Satellite Petrochemical Co.Ltd(002648) 0.00 closed Company Jiaxing Branch
China China Construction Bank Corporation(601939) Co., Ltd. 33050163804709197197 Zhejiang satellite energy Co., Ltd. 0.00
