Securities code: Guangdong Fuxin Technology Co.Ltd(688662) securities abbreviation: Guangdong Fuxin Technology Co.Ltd(688662) Announcement No.: 2022013 Guangdong Fuxin Technology Co.Ltd(688662)
Announcement on the use of self owned funds to increase the investment of some raised investment projects and the change of implementation location and extension of some raised investment projects
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and completeness of its contents.
Important content tips:
Guangdong Fuxin Technology Co.Ltd(688662) (hereinafter referred to as “the company”) held the second meeting of the Fourth Board of directors and the second meeting of the Fourth Board of supervisors on March 25, 2022, deliberated and approved the proposal on using self owned funds to increase part of raised investment projects and changing the implementation location and extension of some raised investment projects. The company plans to use self owned funds of 904044 million yuan to increase investment in some raised investment projects (hereinafter referred to as “raised investment projects”), This change only involves the change of the implementation location and total investment amount of the raised investment project, and the amount of the raised funds has not changed.
1、 Basic information of raised funds
On February 24, 2021, the company was approved to issue 22.06 million ordinary shares to the public with the issuing price of 15.61 yuan per share. The total amount of funds raised in this offering was 34435660000 yuan, after deducting underwriting and recommendation fees, attorney fees, audit and capital verification fees After the issuance registration fee and other transaction expenses of 3678193154 yuan (excluding tax), the net raised funds amounted to 30757466846 yuan. The above funds have been verified by Zhongshen Zhonghuan Certified Public Accountants (special general partnership) and issued a capital verification report (Zhonghuan Yan Zi [2021] No. 0500004).
The company deposited the raised funds in the special account, and signed the supervision agreement on the special account with the sponsor Zhongtai Securities Co.Ltd(600918) and the supervision bank storing the raised funds. For details, see the company’s disclosure on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on March 31, 2021 Announcement on the listing of Guangdong Fuxin Technology Co.Ltd(688662) initial public offering of shares on the science and innovation board.
2、 Investment projects with raised funds
According to the prospectus of Guangdong Fuxin Technology Co.Ltd(688662) initial public offering and listing on the science and innovation board, the fund raised by the company before the adjustment of initial public offering and listing was 502908800 yuan. According to the actual issuance results of the company, the actual net fund raised this time was 307574700 yuan. According to the needs of the company’s production and operation, the funds raised by the company’s initial public offering of RMB common shares (A shares) will be invested in the following projects in order of priority after deducting the issuance expenses:
Unit: 10000 yuan
No. project name proposed to use raised funds before total investment adjustment and proposed to use raised funds after adjustment
1. Semiconductor thermoelectric devices and systems 138389013838901383890 industrialization upgrading project
2. Semiconductor thermoelectric machine product capacity 159056815905681137227 expansion project
3 R & D center construction project 554630554630554630
4. Supplementary working capital 1500000-
Total 50290883075747
3、 Historical adjustment of investment projects with raised funds
On August 18, 2021, the company held the 18th meeting of the third board of directors and the 17th meeting of the third board of supervisors, and deliberated and adopted the proposal on increasing the implementation subjects of some raised investment projects and using some raised funds to increase the registered capital of wholly-owned subsidiaries, It is agreed that the company will increase its wholly-owned subsidiary Guangdong Fuxin thermoelectric device technology Co., Ltd. (hereinafter referred to as “Fuxin device”) as the implementation subject of some projects in the “semiconductor thermoelectric device and system industrialization upgrading project”, and use the raised capital of 55 million yuan to increase its capital. After the change of “semiconductor thermoelectric device and system industrialization upgrading project”, the specific conditions are as follows:
Unit: 10000 yuan
The total investment amount of the production capacity of the implementation subject of the subproject of the raised investment project is planned to use the funds raised in 10000 pieces / year
Semiconductor thermoelectric ordinary semiconductor thermoelectric ordinary thermoelectric 600
Device and system device and system industry Guangdong Fuxin Technology Co.Ltd(688662) device
833890 industrialization upgrading project thermal power system 300
The total investment amount of the production capacity of the implementation subject of the subproject of the raised investment project is planned to be raised
Name: 10000 pieces / year fund
High end semiconductor thermoelectric Fuxin device high end thermoelectric 30055 China Fangda Group Co.Ltd(000055) 0000
Device project device
Total 1383890
4、 The proposed additional investment and the details of the change of implementation location and extension
(I) raised investment projects to be invested in this time and change of implementation location
On March 25, 2022, the company held the second meeting of the Fourth Board of directors and the Fourth Board of supervisors
The second meeting deliberated and adopted the “on the use of self owned funds to add part of the raised investment project investment and part of the raised investment”
The company plans to use its own funds of 904044 million yuan to finance the Department
The investment of sub raised investment projects is increased. This change only involves the change of the implementation location and total investment amount of the raised investment projects
Moreover, the amount of raised funds has not changed.
Unit: 10000 yuan
Name of raised investment project, place of implementation, original total investment amount, total amount of raised funds to be invested and used
General semiconductor thermal Ronggui huakou neighborhood committee
Electrical parts and systems east of HUAFA Road, Chang 8338901105710833890 semiconductor thermoelectric industrialization upgrading project
Device and system: plot to the south of Muye Road
Industrialization upgrading Foshan Shunde hi tech
Project high-end semiconductor hot area (Ronggui) Keyuan 55 China Fangda Group Co.Ltd(000055) China Fangda Group Co.Ltd(000055) 0000 electrical parts Project No. 20, 3rd road
Capacity expansion of semiconductor thermoelectric machine products Ronggui huakou neighborhood committee
Project: plot to the east of HUAFA road and south of Changye road 1590568, 1780615 and 1137227
Ronggui huakou neighborhood committee
R & D center construction project east of HUAFA road and south of Changye 554630996806554630 Road
Total 352908844331323075747
(II) extension of investment projects with raised funds
Due to the large amount of civil works and long construction period of the raised investment project involved in the change, the company is cautious
And benefit maximization, combined with the implementation progress, actual construction and market development of the current raised investment project
According to the prospect, the raised investment project will be postponed, as follows:
Expected before adjustment to expected after adjustment
Raised investment project name availability status date reached availability delay reason
Status date
Due to the change of the implementation location of the general semiconductor thermoelectric project, the new device and system industry has a large amount of civil works at the location of 2023.3.31 and 2024.3.31, and the construction and upgrading project cycle is long.
Industrialization of semiconductor thermoelectric devices and systems
Due to the technical difficulty of product development, high-end semiconductor thermoelectric projects need to carry out personalized development according to the needs of different customers, and the overall production cycle is prolonged.
Due to the change of the implementation location of the project, the capacity expansion project of new semiconductor thermoelectric machine products has a large amount of civil works and a long construction period at the location of 2023.3.31 and 2024.3.31.
5、 Reasons for this change
The company is in the stage of rapid development and its business scale is expanding. In order to ensure the company’s future development strategy
The plan was implemented, and the company was authorized by the 17th meeting of the third board of directors to successfully bid for the project located in Rong Guihua
The plot to the east of HUAFA road and to the south of Changye road. For details, see the company’s announcement on May 22, 2021
Disclosed on the previous day
