Citic Securities Company Limited(600030) about
Jenkem Technology Co.Ltd(688356)
Special verification opinions on the deposit and use of raised funds in 2021
Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) ” or “sponsor”) as the sponsor of the initial public offering of Jenkem Technology Co.Ltd(688356) (hereinafter referred to as ” Jenkem Technology Co.Ltd(688356) ” or “company”), According to the measures for the administration of securities issuance and listing recommendation business, the guidelines for the self-discipline supervision of listed companies of Shanghai Stock Exchange No. 11 – continuous supervision, the guidelines for the self-discipline supervision of listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies, and the Listing Rules of stocks on the science and Innovation Board of Shanghai Stock Exchange The measures for the continuous supervision of listed companies on the science and Innovation Board (for Trial Implementation) and other relevant provisions have conducted special verification on the storage and use of the raised funds in Jenkem Technology Co.Ltd(688356) 2021. The verification results are as follows: I. Basic information of the raised funds (I) actual amount of the raised funds and the time when the funds are in place
According to the reply on Approving the registration of Jenkem Technology Co.Ltd(688356) initial public offering of shares (zjxk [2020] No. 1579) issued by the China Securities Regulatory Commission on July 28, 2020, Jenkem Technology Co.Ltd(688356) issued 15000000 ordinary shares to the public in August 2020, with the issuing price of 41.18 yuan per share and the share payment paid in RMB, totaling 61770000000 yuan, After deducting the underwriting fee including VAT of RMB 5238096000 (excluding VAT of RMB 4941 Shanghai Pudong Development Bank Co.Ltd(600000) ), the actual amount of raised funds received is RMB 56531904000. In addition to the above underwriting expenses, the company incurred other issuance expenses totaling RMB 1599918292 (excluding value-added tax). After deducting the underwriting expenses excluding value-added tax and other issuance expenses, the actual net amount of the above-mentioned raised funds is RMB 55228481708. The above raised funds were in place on August 19, 2020 and have been verified by PwC Zhongtian Certified Public Accountants (special general partnership) and issued PwC Zhongtian Yan Zi (2020) No. 0737 capital verification report. All the raised funds have been deposited in the special account of raised funds after they have been received. The company and its wholly-owned subsidiaries Tianjin Jenkem Technology Co.Ltd(688356) Co., Ltd. (hereinafter referred to as “Tianjin Key Kai”) and Liaoning Jenkem Technology Co.Ltd(688356) Co., Ltd. (hereinafter referred to as “Liaoning Key Kai”) have signed a three-party / four party supervision agreement on the special account of raised funds with the sponsor and the commercial bank depositing the raised funds. (II) use and balance of raised funds
As of December 31, 2021, the company has used a total of 253997300 yuan of raised funds for raised investment projects; The balance of unused raised funds is Shandong Dongyue Organosilicon Materials Co.Ltd(300821) 5 million yuan, of which 276 million yuan is used for cash management. The details are as follows:
Unit: 10000 yuan
Project amount
The amount of raised funds actually received is 5653190
Less: 104881 yuan paid for issuance expenses and VAT
Self raised funds shall be used to pay the issuance fee in advance, and the replacement amount shall be 610.48
Direct investment of raised funds into the project 2402607
The self raised funds are invested in advance, and the replacement amount of the raised funds investment project is 137366
Plus: net amount of interest income of raised funds minus handling charges 609.25
Less: 2760000 for cash management
Closing balance of special account for raised funds 248215
2、 Management of raised funds (I) management system of raised funds
The company has formulated the raised funds management system in accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies and other relevant provisions of the CSRC, which stipulates the deposit, use, project implementation management, change of investment projects and supervision of the use of raised funds. Since the raised funds were in place, the company has been storing, using and managing the raised funds in strict accordance with the provisions of the raised funds management system. (II) supervision agreement of raised funds and deposit of special account
In accordance with the provisions of the raised funds management system and in combination with the business needs, the company and Citic Securities Company Limited(600030) in 2020
On August 20 and 21, 2003, the tripartite supervision agreement on the storage of special account for raised funds was signed with Bank Of Beijing Co.Ltd(601169) Dongsheng science and Technology Park sub branch, China Merchants Bank Co.Ltd(600036) Beijing Xisanhuan sub branch, Bank Of Hangzhou Co.Ltd(600926) Beijing Branch, Bank Of Beijing Co.Ltd(601169) Shangdi sub branch and Industrial And Commercial Bank Of China Limited(601398) Beijing Daxing sub branch respectively, clarifying the rights and obligations of all parties.
In order to facilitate the implementation of the company’s fund-raising projects, on February 23, 2021, the company and its wholly-owned subsidiary Tianjin Jiankai and the sponsor Citic Securities Company Limited(600030) signed the four party supervision agreement on the storage of special account for raised funds with China Merchants Bank Co.Ltd(600036) Beijing Xisanhuan sub branch and Bank Of Hangzhou Co.Ltd(600926) Beijing branch respectively; The company and its wholly-owned subsidiary Liaoning Jiankai, the sponsor Citic Securities Company Limited(600030) and Bank Of Beijing Co.Ltd(601169) Dongsheng science and Technology Park sub branch signed the four party supervision agreement on the storage of special account for raised funds.
There is no significant difference between the above three-party supervision agreement on the storage of special account for raised funds and the four party supervision agreement on the storage of special account for raised funds and the model three-party supervision agreement of Shanghai Stock Exchange. The company deposits, uses and manages the raised funds in strict accordance with the provisions of the above-mentioned supervision agreement.
As of December 31, 2021, the balance of unused raised funds deposited in the special account is as follows. Unit: 10000 yuan
Closing balance of deposit method of bank account no. of deposit bank
Bank Of Beijing Co.Ltd(601169) Co., Ltd
Dongsheng Science Park Branch 20 China Vanke Co.Ltd(000002) 995700035803056 current 163.68 Bank Of Beijing Co.Ltd(601169) Co., Ltd
Dongsheng science and Technology Park Branch 2 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 68050039125464 current line 880.60 China Merchants Bank Co.Ltd(600036) Co., Ltd
Company Beijing West Third Ring Road branch 122910853710703 current line 111711
Bank Of Hangzhou Co.Ltd(600926) Co., Ltd. 110104016 Csg Holding Co.Ltd(000012) 81574 current 234.59 Company Beijing Branch
Bank Of Beijing Co.Ltd(601169) Co., Ltd. 20 China Vanke Co.Ltd(000002) 995700035913560 current 7.90 company Shangdi Sub Branch China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd
Beijing Daxing 02 Shenzhen Fenda Technology Co.Ltd(002681) 19200033910 current 78.27 sub branch of Co., Ltd
Total 248215
3、 Actual use of raised funds in this year (I) comparison table of use of raised funds
For the actual use of the company in 2021, see “Annex 1 comparison table of the use of raised funds” in this verification opinion. (II) advance investment and replacement of raised funds
On January 18, 2021, the company held the seventh meeting of the second board of directors and the seventh meeting of the second board of supervisors, deliberated and adopted the proposal on using raised funds to replace self owned funds invested in raised projects in advance and pay issuance expenses, and agreed to use the raised funds of RMB 133766 million to replace self owned funds invested in raised projects in advance, Use the raised funds of 6.1048 million yuan to replace the self owned funds that have paid the issuance expenses, totaling 19.813 million yuan.
The above self raised funds for the investment projects invested with raised funds in advance have been verified by PwC Zhongtian Certified Public Accountants (special general partnership), and the verification report on the report on the investment projects invested with raised funds in advance (PWC Zhongtian teshen Zi (2021) No. 0055) has been issued Citic Securities Company Limited(600030) has issued the verification opinions of Citic Securities Company Limited(600030) on Jenkem Technology Co.Ltd(688356) using the raised funds to replace the self raised funds invested in the raised projects in advance on January 18, 2021. As of December 31, 2021, the company has completed the replacement of the self raised funds invested in the raised investment projects in advance and the paid issuance expenses. (III) temporary replenishment of working capital with idle raised funds
In 2021, the company did not temporarily supplement working capital with idle raised funds. (IV) cash management and investment of idle raised funds in related products
On September 21, 2020, the company held the fourth meeting of the second board of directors, deliberated and approved the proposal on using temporarily idle raised funds for cash management, and agreed that the company would use temporarily idle raised funds of no more than 500 million yuan for cash management under the premise of ensuring that the implementation of investment projects with raised funds and the safety of raised funds would not be affected, so as to purchase funds with high safety, good liquidity Investment products with Principal Guaranteed agreements (including but not limited to principal guaranteed financial products, structured deposits, call deposits, time deposits, large certificates of deposit, agreed deposits, etc.) have a service life of no more than 12 months. Within the above limit and term, the company can use them circularly and continuously.
On August 24, 2021, the 13th meeting of the second board of directors and the 13th meeting of the second board of supervisors deliberated and adopted the proposal on the company’s use of temporarily idle raised funds for cash management, and agreed that the company would use temporarily idle raised funds of no more than 360 million yuan for cash management on the premise of ensuring that the implementation of investment projects and the safety of raised funds would not be affected, It is used to purchase investment products with high security, good liquidity and principal guaranteed agreement (including but not limited to principal guaranteed financial products, structured deposits, call deposits, time deposits, large certificates of deposit, agreed deposits, etc.), with a service life of no more than 12 months. Within the above limit and period, the company can use them circularly and continuously.
In 2021, the company’s use of raised funds for cash management is shown in “Annex 2 statement of cash management of raised funds”. (V) permanent replenishment of working capital or repayment of bank loans with over raised funds
On December 10, 2020, the sixth meeting of the second board of directors and the sixth meeting of the second board of supervisors deliberated and adopted the proposal on the company’s use of some over raised funds to permanently supplement working capital, and agreed that the company should use some over raised funds totaling RMB 50 million to permanently supplement working capital. On December 31, 2020, the company held the second extraordinary general meeting of shareholders in 2020 and deliberated and adopted the proposal on using part of the over raised funds to permanently supplement working capital. As of December 31, 2021, the company has completed the permanent replenishment of working capital with over raised funds. (VI) use of over raised funds for projects under construction and new projects (including acquisition of assets, etc.)
In 2021, the company did not use the over raised funds for projects under construction and new projects (including the acquisition of assets). (VII) utilization of raised funds
As of December 31, 2021, the raised funds are still in the process of investment, and there is no surplus of raised funds.
(VIII) other information about the use of raised funds
Since the implementation subject of the “medical polyethylene glycol and its derivatives industrialization and application achievement transformation project” is Liaoning Jiankai, according to the actual needs of the implementation subject of relevant raised investment projects after the company’s initial public offering and listing, the company increases capital to its subsidiaries to implement raised investment projects. On October 8, 2021, the company used the raised funds to increase the capital of Liaoning Jiankai by 50 million yuan to implement the industrialization and application achievement transformation project of medical polyethylene glycol and its derivatives. According to the articles of association and other relevant regulations, the capital increase has been approved by the chairman of the company. 4、 Changing the use of funds for projects invested by raised funds (I) changing the investment projects invested by raised funds
On June 10, 2021, the company held the 12th meeting of the second board of directors and the 12th meeting of the second board of supervisors, which deliberated and adopted the “on some raised investment items of the company”
