Securities abbreviation: Cosco Shipping Development Company Limited(601866) securities code: Cosco Shipping Development Company Limited(601866) Announcement No.: pro 2022022 Cosco Shipping Development Company Limited(601866)
On the deposit and use of raised funds in 2021
Special report
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. 1、 Basic information of raised funds
(I) amount and time of funds raised
According to the report of Cosco Shipping Development Company Limited(601866) issuing shares to purchase assets and raise matching funds and related party transactions, the company plans to raise matching funds by non-public offering of shares to no more than 35 qualified specific investors, including China Shipping Group Co., Ltd. (hereinafter referred to as “China Shipping”), with a total amount of matching funds of no more than 1464 million yuan. On October 20, 2021, the company received the reply on Approving the application of Cosco Shipping Development Company Limited(601866) issuing shares to COSCO Shipping Investment Holding Co., Ltd. to purchase assets and raise supporting funds (zjxk [2021] No. 3283) issued by China Securities Regulatory Commission (hereinafter referred to as “CSRC”). The company issued 530434782 ordinary shares in RMB to 8 qualified specific investors, including China shipping, at an issue price of 2.76 yuan per share. The total amount of funds raised was 146399999832 yuan. After deducting various issuance expenses of 309504348 yuan, the net amount of funds actually raised was 146090495484 yuan. All the above raised funds were in place on December 16, 2021, verified by ShineWing Certified Public Accountants (special general partnership), and the capital verification report xyzh / 2021bjaa131539 was issued on December 17, 2021.
(II) use amount and year-end balance of raised funds in the current year
As of December 31, 2021, the use of the company’s raised funds is as follows:
Unit: Yuan
Amount of project raised funds
Net proceeds 146090495484
Amount of project raised funds
Less: accumulated expenditure in 2021-
Less: bank charges-
Add: equity registration fee not deducted 50304348
Plus: accumulated interest income of special account 6116284
As of December 31, 2021, the balance of the special account for raised funds was 146916116
2、 Management of raised funds
(I) management of raised funds
In order to regulate the management, storage and use of the company’s raised funds and protect the legitimate rights and interests of investors, the company has formulated the raised funds management system in accordance with the measures for the management of raised funds of listed companies of Shanghai Stock Exchange, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies and other laws and regulations.
According to the management system of raised funds, the company implements a special account for the raised funds. The company has established a special account for raised funds in Shanghai Branch of China Development Bank to manage the deposit and use of funds in the special account for raised funds, and signed the tripartite supervision agreement on the storage of special account for raised funds with China International Capital Corporation Limited(601995) , Shanghai Branch of China Development Bank in January 2022.
At the same time, the subsidiary of the company’s fund-raising project implementation subject has established a special account for raised funds in Bank Of China Limited(601988) Shanghai branch to manage the deposit and use of funds in the special account for raised funds, and signed the four party supervision agreement for raised funds with the company, China International Capital Corporation Limited(601995) and Bank Of China Limited(601988) Shanghai branch in February 2022.
(II) management of raised funds
As of December 31, 2021, the specific deposit of raised funds is as follows:
Unit: Yuan
balance
Account number of deposit bank
Total interest income from raised funds
National Development Bank
Shanghai Branch 3100156 Hunan Tianrun Digital Entertainment & Cultural Media Co.Ltd(002113) 725 Shahe Industrial Co.Ltd(000014) 61407998326116284146916116
Total 1461407998326116284146916116
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 raised funds is shown in the attached table “comparison table of use of raised funds”.
(II) early investment and replacement of raised investment projects
In order to ensure the smooth implementation of the project construction, before the funds raised this time are in place, the subsidiaries of the company’s fund-raising project implementation main body have invested in the fund-raising investment project with self raised funds according to the actual situation of the project progress. As of December 31, 2021, the aforesaid advance investment has not been replaced.
(III) 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.
(IV) cash management of idle raised funds and investment in related products
As of December 31, 2021, the company has no cash management and investment related products for idle raised funds.
(V) permanent replenishment of working capital or repayment of bank loans with over raised funds
The company has no over raised funds in this issuance.
(VI) use of over raised funds for projects under construction and new projects (including acquisition of assets, etc.)
The company has no over raised funds in this issuance
(VII) use of surplus raised funds
As of December 31, 2021, the company’s funds raised in this offering are still in the process of investment, and there is no use of surplus funds raised.
4、 Change the use of funds of raised investment projects
As of December 31, 2021, the company has not changed the investment projects of raised funds.
5、 Problems in the use and disclosure of raised funds
As of December 31, 2021, the company has timely, truly, accurately and completely disclosed the deposit and actual use of the company’s raised funds in accordance with relevant laws and regulations, and there is no violation of the management of raised funds. The company has faithfully fulfilled its obligation to disclose the investment direction and progress of the raised funds, and there are no major problems in the use and disclosure of the raised funds.
6、 Concluding opinions of the assurance report issued by the accounting firm on the deposit and use of the company’s annual raised funds
ShineWing Certified Public Accountants (special general partnership) reviewed the special report on the storage and use of raised funds in 2021 prepared by the board of directors of the company and issued the assurance report on the annual storage and use of raised funds (xyzh2022bjaa130215). According to the report: Cosco Shipping Development Company Limited(601866) the above special report on the annual deposit and use of raised funds has been prepared in accordance with the provisions of the guidelines on self discipline supervision of listed companies of Shanghai Stock Exchange No. 1 – standardized operation and the guidelines on supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies (revised in 2022), It truthfully reflects the actual deposit and use of the raised funds in Cosco Shipping Development Company Limited(601866) 2021 in all major aspects.
7、 Concluding comments on the special verification report issued by the independent financial consultant on the deposit and use of the company’s annual raised funds
China International Capital Corporation Limited(601995) issued the special verification opinions on the deposit and use of the raised funds in 2021 of Cosco Shipping Development Company Limited(601866) issuing shares to purchase assets and raising supporting funds and related party transactions, It is considered that the deposit and use of the company’s raised funds in 2021 comply with the measures for the administration of securities issuance and listing recommendation business, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies (revised in 2022), the rules for the listing of shares on the Shanghai Stock Exchange, the guidelines for the self discipline supervision of listed companies on the Shanghai Stock Exchange No. 1 – standardized operation (2022) and the company’s According to the provisions of laws, regulations and system documents such as the measures for the administration of raised funds, the raised funds have been stored and used in a special account. The actual use and storage of the raised funds are consistent with the disclosed situation. There is no situation of changing the purpose of the raised funds in a disguised manner and damaging the interests of shareholders, and there is no case of illegal use of the raised funds. The independent financial consultant has no objection to the deposit and use of the company’s raised funds in 2021.
8、 Documents for future reference
(I) China International Capital Corporation Limited(601995) issued special verification opinions on the deposit and use of raised funds in 2021 by Cosco Shipping Development Company Limited(601866) issuing shares to purchase assets and raising supporting funds and related party transactions;
(II) assurance report on annual deposit and use of raised funds (xyzh2022bjaa130215) issued by ShineWing Certified Public Accountants (special general partnership).
It is hereby announced.
Cosco Shipping Development Company Limited(601866) board of directors March 30, 2022
Schedule
Comparison table of use of raised funds
(2021)
Unit: 10000 yuan
Total amount of raised funds 14609050 total amount of raised funds invested in this year-
Total amount of raised funds with changed purposes-
The proportion of the total amount of raised funds invested accumulatively to the total amount of raised funds with changed purposes-
project
As of the end of the period, the changed items have reached the project’s feasible committed investment goal by the end of the period, including the investment after the adjustment of the raised funds by the Department. As of the end of the period, the accumulated investment amount is expected to be achieved by the end of the period. Whether the project points will be issued or not. The total amount of the change committed investment will be paid by the end of the period
