China International Capital Corporation Limited(601995)
On Guangdong Fangyuan Environment Co.Ltd(688148) issuing convertible corporate bonds to unspecified objects
Issuance recommendation
Sponsor (lead underwriter)
27th floor and 28th floor, building 2, international trade building, No. 1, Jianguomenwai street, Chaoyang District, Beijing
March 2022
China Securities Regulatory Commission and Shanghai Stock Exchange:
Guangdong Fangyuan Environment Co.Ltd(688148) (hereinafter referred to as the “issuer”, ” Guangdong Fangyuan Environment Co.Ltd(688148) ” or “the company”) intends to issue convertible corporate bonds to unspecified objects, and the total amount of funds raised does not exceed RMB 660 million (including this amount) (hereinafter referred to as “this securities issuance”, “this Issuance” or “issuing convertible corporate bonds to unspecified objects”), And has hired China International Capital Corporation Limited(601995) (hereinafter referred to as ” China International Capital Corporation Limited(601995) “) as the sponsor of this securities offering (hereinafter referred to as “sponsor” or “the institution”).
According to the company law of the people’s Republic of China (hereinafter referred to as the “company law”), the securities law of the people’s Republic of China (hereinafter referred to as the “Securities Law”), the measures for the administration of securities issuance and listing recommendation business (hereinafter referred to as the “measures for the administration of recommendation”) and the measures for the administration of securities issuance and registration of companies listed on the science and Innovation Board (for Trial Implementation) (hereinafter referred to as the “measures for the administration of registration”) Standards for the contents and forms of information disclosure by companies issuing securities No. 27 – issuance recommendation letter and issuance recommendation work report (hereinafter referred to as “Standards No. 27”), standards for the due diligence of sponsors and other laws and regulations, as well as relevant regulations of China Securities Regulatory Commission (hereinafter referred to as “CSRC”) and Shanghai Stock Exchange, China International Capital Corporation Limited(601995) and its recommendation representatives are honest, trustworthy, diligent and responsible, This issuance recommendation letter is issued in strict accordance with the business rules, industry practice norms and ethical standards formulated according to law, and the authenticity, accuracy and integrity of this issuance recommendation letter are guaranteed. Unless otherwise specified, the interpretation in this issuance recommendation letter is consistent with that in the prospectus for Guangdong Fangyuan Environment Co.Ltd(688148) issuing convertible corporate bonds to unspecified objects.
1、 Basic information of this securities issuance (I) name of sponsor
China International Capital Corporation Limited(601995) (II) the sponsor representative responsible for this recommendation
Lei Renguang: obtained the qualification of recommendation representative in 2020, once served as the recommendation representative of the public issuance of A-share convertible corporate bonds project of Ecovacs Robotics Co.Ltd(603486) Siasun Robot&Automation Co.Ltd(300024) Co., Ltd., strictly abided by the law on the administration of securities issuance and listing recommendation business and other relevant regulations in the process of recommendation business, and had a good practice record.
Zhou Bin: obtained the qualification of recommendation representative in 2019, strictly abided by the measures for the administration of securities issuance and listing recommendation business and other relevant provisions in the practice of recommendation business, and had a good practice record. (III) sponsor, project coordinator and other project team members
Project Co organizer: Fang Wei, who obtained the securities qualification in 2011, has participated in Guangdong Fangyuan Environment Co.Ltd(688148) science and Innovation Board IPO, Aba Chemicals Corporation(300261) non-public offering and other projects, and has a good practice record.
Other members of the project team: Zhou Peng, Liu Rong, Li Bing, Li zhuoran, Zhao Tianhao, Qiu Wenchuan, sun Hetao, congwentao. (IV) basic information of the issuer
1. Issuer profile
Company name Guangdong Fangyuan Environment Co.Ltd(688148)
English Name: Guangdong Fangyuan environment Co., Ltd
Registered address: No. 11, zone a, Lingang Industrial Park, Gujing Town, Xinhui District, Jiangmen City (one address and multiple photos) (one photo and multiple addresses)
Registration date: June 7, 2002
Listing time: August 6, 2021
Listed sector: Scientific Innovation Board
Collection and utilization: cadmium containing waste (hw26) and nickel containing waste (hw46) (including waste nickel cadmium and nickel hydrogen batteries) (operated with valid hazardous waste operation license); Production and sales: nickel sulfate, spherical nickel hydroxide, cobalt hydroxide, nickel chloride, cobalt sulfate, electrolytic copper, ternary precursor of lithium ion battery and cathode material of lithium ion battery; Environmental engineering design, construction and operation; Processing and manufacturing of environmental protection equipment; Development, transfer and implementation of environmental science and technology; Purchase of non productive waste metals and purchase of productive waste metals from purchasing enterprises for their own use; Import and export of goods and technology. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments.)
Tel: 07506290309
Postal Code: 529145
Fax: 07506290808
Company website http://www.fyhbchina.com.
E-mail [email protected].
This type of securities issuance issues convertible corporate bonds to unspecified objects
2. Latest equity structure and top ten shareholders of the issuer
(1) Latest equity structure of the issuer
As of September 30, 2021, the total share capital of the issuer is 508740000 shares, and the share capital structure is as follows:
Share type, number of shares (shares) in total share capital (%)
Tradable shares with limited sales conditions 43526542185.56
73474579 tradable shares without restrictions 14.44
Total shares 50874 Shenzhen Ecobeauty Co.Ltd(000010) 0.00
(2) Top ten shareholders of the issuer
As of September 30, 2021, the top ten shareholders of the issuer are as follows:
The number of shares held in sequence accounts for the pledge or freezing of the company’s total holding of Limited sales articles
No. shareholder name (share) share capital proportion number of shares number of shares shareholder nature (%) (share) (share)
1 Luo Aiping 7582280014.9075822800 domestic natural persons
2. Beiteri new material group shares 480 Anhui Anke Biotechnology (Group)Co.Ltd(300009) .44480300000 domestic non-state-owned limited company legal person
Minmetals innovation equity investment base
Gold management (Ningbo) Co., Ltd
3. Company – Minmetals Yuanding equity 480 China Baoan Group Co.Ltd(000009) .4448000000 others
Investment Fund (Ningbo) Co., Ltd
Partnership (limited partnership)
Guangdong Zhongke Baiyun Xinxing domestic non state owned 4 industry venture capital fund Co., Ltd. 251400004.9425140000 legal person
company
5 Wu Fang 171486003.37171486000 domestic natural persons
6 yuan Yu’an 150461002.96150461000 domestic natural persons
Guangzhou Hongde Longsheng Investment Management Co., Ltd
7 Li Co., Ltd. – New 138250002.72138250000 others
Yu Longsheng phase I investment partnership
Enterprise (limited partnership)
8 Guangzhou Mingde Longsheng Investment Co., Ltd. 136195442.68136195440 others
Partnership (limited partnership)
9 Guangzhou Rixin Baoan new material 135400002.6613540000 others
Industrial Investment Limited –
The number of shares held in sequence accounts for the pledge or freezing of the company’s total holding of Limited sales articles
No. shareholder name (share) share capital proportion number of shares number of shares shareholder nature (%) (share) (share)
Guangzhou Rixin Baoan New Material Co., Ltd
Industrial Investment Center (limited)
Partnership)
China Science and technology fertile soil Fund – Industry and Commerce
10 bank – zhongkewotuwoze 123 China Vanke Co.Ltd(000002) .4212300000 others
New third board No. 16 asset management
Management plan
Total 28247204455.522824720440-
3. Statement of previous fund raising, cash dividends and changes in net assets of the issuer
The issuer’s previous equity financing is as follows:
Unit: 10000 yuan
The net assets at the end of the initial stage of A-Shares is 9976567 (as of June 30, 2021)
Time of issue net amount raised by type of issue
Previous financing
Initial public offering Talant Optronics(Suzhou) Co.Ltd(301045) 6 in July 2021
The cumulative cash distribution after the IPO of A-Shares is 0.00
The net asset amount at the end of the early stage of this issuance is 13253786 (as of September 30, 2021)
The profit distribution of the issuer in the last three years is shown in the following table:
Dividend (the proportion of the cash dividend scheme to which the actual dividend belongs in the consolidated statement of the dividend year to the net profit of the net profit attributable to the ordinary shareholders (including tax) of the listed company) of the amount distributed by the annual implementation of the dividend scheme in the consolidated statement of the dividend year
-2020 —-
In 2020 and 2019, 30.018 million yuan and 745333 million yuan of cash will be distributed for every 10 shares, 40.27%
Bonus 0.7 yuan (tax included)
-Year 2018 —-
Note: the company was listed on the science and Innovation Board of Shanghai Stock Exchange in August 2021, and the dividend policy stipulated in the current articles of association will be implemented after the company is listed.
4. Main financial data and financial indicators of the issuer
(1) Main data of consolidated balance sheet
Unit: 10000 yuan
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