Sinolink Securities Co.Ltd(600109) about
Zhejiang Meorient Commerce & Exhibition Inc(300795)
Verification opinions on the deposit and use of raised funds in 2021
Sinolink Securities Co.Ltd(600109) (hereinafter referred to as the "sponsor") as the sponsor of Zhejiang Meorient Commerce & Exhibition Inc(300795) (hereinafter referred to as the "Mio Exhibition" or the "company") for continuous supervision, according to the measures for the administration of securities issuance and listing sponsor business and the rules for the listing of stocks on the gem of Shenzhen Stock Exchange According to the requirements of the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 - standardized operation of companies listed on the gem and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 13 - recommendation business, the deposit and use of the raised funds in 2021 were verified, and the following verification opinions were issued:
1、 Basic information of raised funds
(I) actual amount of raised funds and time of fund arrival
With the approval of the reply on the approval of Zhejiang Meorient Commerce & Exhibition Inc(300795) initial public offering of shares (zjxk [2019] No. 1740) issued by China Securities Regulatory Commission, the company issued 25041000 ordinary shares (A shares) in the initial public offering of RMB, with a par value of 1 yuan per share, an issue price of 14.27 yuan per share, a total raised capital of 35733507000 yuan, after deducting the issuance expenses of 5502530000 yuan, The net amount of raised funds is 30230977000 yuan. All the above funds were in place on October 16, 2019, which has been verified by Tianjian Certified Public Accountants (special general partnership) and issued the capital verification report (tjy [2019] No. 341).
(II) use and balance of raised funds
As of December 31, 2021, the specific use of the company's raised funds is as follows:
Unit: 10000 yuan
Item No. amount
Net amount of raised funds a 3023098
Project investment B1 994024 accumulated amount as of the beginning of the period
Net interest income B2 906.30
Item No. amount
Project investment C1 729493 current amount
Net interest income C2 418.93
Project investment D1 = B1 + C11723517 accumulated amount by the end of the period
Net interest income D2 = B2 + C2 132523
Balance of raised funds to be raised e = a-d1 + D21432104
Actual balance of raised funds f 1432104
Difference g = E-F-
2、 Deposit and management of raised funds
(I) 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, the company, in accordance with the provisions of relevant laws, regulations and normative documents such as 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 and the guidelines for the standardized operation of companies listed on the gem of Shenzhen Stock Exchange (revised in 2015), and in combination with the actual situation of the company, The administrative measures for Zhejiang Meorient Commerce & Exhibition Inc(300795) raised funds (hereinafter referred to as the administrative measures) has been formulated. According to the management measures, the company has implemented a special account for the raised funds, established a special account for the raised funds in the bank, and signed the tripartite supervision agreement for the raised funds with Agricultural Bank Of China Limited(601288) Hangzhou Science and Technology Park sub branch, China Merchants Bank Co.Ltd(600036) Hangzhou Binjiang sub branch, China Citic Bank Corporation Limited(601998) Shanghai Caohejing sub branch together with the sponsor Sinolink Securities Co.Ltd(600109) on October 18, 2019, respectively, clarifying the rights and obligations of all parties. The three parties did not strictly supervise the use of the raised funds in accordance with the model agreement of Shenzhen Stock Exchange.
(II) storage of raised funds in special account
1. As of December 31, 2021, the company has three special accounts for raised funds and one call deposit account. The deposits of raised funds are as follows:
Unit: Yuan
Remarks on the balance of raised funds in the account number of the deposit bank
China Agricultural Bank Of China Limited(601288) Co., Ltd. 190336010400118075536835998 current account
Remarks on the balance of raised funds in the account number of the deposit bank
Company Hangzhou Science Park sub branch 1903360104001180713000000000 call deposit
China Merchants Bank Co.Ltd(600036) 9990177552109991363093632 current
Hangzhou Binjiang sub branch
China Citic Bank Corporation Limited(601998) Shanghai Caohejing branch 8110201013101091208721106960 current account
that 's ok
Total 10621036590
2. As of December 31, 2021, the company used idle raised funds to purchase financial products with a total balance of 37 million yuan, as follows:
Entrusted wealth management fund expected annual entrusted party product name amount product type purchase date maturity daily rate of return
China Merchants Bank Co.Ltd(600036) dianjin series
China Merchants Bank Co.Ltd(600036) shares are bearish, with a three-tier range of breakeven floating
Hangzhou 90 day structured deposit Co., Ltd. 120000 income class 2021 / 12 / 152022 / 3 / 15 1.48% Binjiang sub branch (Product Code:
NHZ00927）
Win win Zhixin exchange rate guaranteed floating 1.48% China Citic Bank Corporation Limited(601998) Shanghai hook RMB 250000 structural income, closed 2021 / 11 / 222022 / 2 / 21 to Caohejing sub branch deposit 07193 phase 3.40% -c21nj0116
Total 370000
3、 Actual use of raised funds this year
(I) use of funds for investment projects with raised funds
As of December 31, 2021, the actual use of the company's raised funds is shown in the annex comparison table of the use of raised funds.
(II) adjust the date when the investment project of raised funds reaches the expected usable state
On October 24, 2021, the company held the 21st Meeting of the Fourth Board of directors, deliberated and approved the proposal on the extension of some of the company's investment projects with raised funds, and adjusted the date when the "marketing service network and information construction project" reached the expected usable state.
The marketing service network and information construction project cannot be completed and implemented according to the company's plan due to the impact of the epidemic, resulting in the overall failure of the project to reach the predetermined usable state within the planned time. In combination with the actual construction and investment progress of the current raised investment project, the company will adjust the date when the marketing service network and information construction project reach the expected usable state from October 21, 2021 to October 21, 2022 under the condition that the project implementation subject, total investment and construction scale remain unchanged.
(III) early investment and replacement of raised investment projects
On March 18, 2020, the company held the 9th meeting of the 4th board of directors and the 4th meeting of the 4th board of supervisors, deliberated and adopted the proposal on using raised funds to replace self raised funds invested in raised investment projects in advance, with a replacement amount of 746027 million yuan.
(IV) temporary replenishment of working capital with idle raised funds
As of December 31, 2021, the company has not used idle raised funds to temporarily supplement working capital.
(V) cash management of idle raised funds
According to the proposal on using idle raised funds for cash management deliberated and adopted at the 2020 general meeting of shareholders of the company on May 18, 2021, the company plans to use idle raised funds of no more than 200 million yuan for short-term cash management. Within this limit, the funds can be used in a rolling manner. As of December 31, 2021, the company has purchased 490 million yuan of structured deposits, time deposits and financial products in this year, redeemed 603 million yuan in total, the balance of financial products not yet due is 37 million yuan, and received 3.0298 million yuan of cash management income in this period.
(VI) use of surplus raised funds
As of December 31, 2021, the company has no use of surplus raised funds.
(VII) use of over raised funds
As of December 31, 2021, the company has no use of over raised funds.
(VIII) purpose and destination of unused raised funds
As of December 31, 2021, the company has used the temporarily idle raised funds for cash management, and RMB 180 million has not yet expired, and the remaining unused raised funds of RMB 3197044274 have been deposited in the special account for raised funds of the company.
(IX) other information about the use of raised funds
As of December 31, 2021, the company has no other use of raised funds.
4、 Change the use of funds for investment projects with raised funds
This year, the company did not change the investment projects of raised funds. For the specific use of funds of each project, see the annex comparison table of use of raised funds.
5、 Problems in the use and disclosure of raised funds
This year, there were no major problems in the use and disclosure of the company's raised funds.
6、 Main verification work of the recommendation institution
During the reporting period, the sponsor representative checked the deposit and use of the raised funds and the implementation of the investment projects 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 and the standing book of raised funds, and communicating with the company's directors, supervisors and senior managers.
7、 Verification opinions of the recommendation institution
After verification, the recommendation institution believes that the company has made special account storage and special use of the raised funds, and the storage and use of the raised funds in 2021 are in line with the Shenzhen Securities Regulatory Commission
