Citic Securities Company Limited(600030) , AVIC Securities Co., Ltd
About China Avionics Systems Co.Ltd(600372)
Comparison between the deposit and actual use of raised funds in 2021
Special verification report
On July 31, 2017, the sixth meeting of the sixth board of directors of China Avionics Systems Co.Ltd(600372) (hereinafter referred to as " China Avionics Systems Co.Ltd(600372) ") deliberated and adopted the relevant proposal on the public offering of convertible corporate bonds (hereinafter referred to as "this public offering of convertible bonds"). For the purpose of this public offering of convertible bonds, China Avionics Systems Co.Ltd(600372) hired Citic Securities Company Limited(600030) (hereinafter referred to as " Citic Securities Company Limited(600030) ") and AVIC Securities Co., Ltd. (hereinafter referred to as "AVIC securities") as the sponsor of this public offering of convertible bonds ( Citic Securities Company Limited(600030) and AVIC securities hereinafter referred to as "sponsor") to be responsible for the recommendation and related continuous supervision of the project, which will last until December 31, 2019. However, as the funds raised by China Avionics Systems Co.Ltd(600372) have not been used up yet, Citic Securities Company Limited(600030) and AVIC securities, as sponsors, continue to perform the obligation of continuous supervision.
According to the requirements of laws and regulations such as 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 by listed companies (revised in 2022), the stock listing rules of Shanghai Stock Exchange, the guidelines for the self discipline supervision of listed companies of Shanghai Stock Exchange No. 1 - standardized operation, The recommendation institution has conducted special verification on the deposit and use of raised funds in China Avionics Systems Co.Ltd(600372) 2021. The details are as follows:
1、 Basic information of raised funds
Approved by the reply on approving China Avionics Systems Co.Ltd(600372) public issuance of convertible corporate bonds (zjxk [2017] No. 2274) of China Securities Regulatory Commission, China Avionics Systems Co.Ltd(600372) publicly issued convertible bonds in 2017. The details are as follows:
Brief code issuance maturity conversion initial period issuance amount (yuan) interest rate principal and interest repayment method is easy to call day limit place
The first year of the bonds adopts 0.20% of the previous year in 2018 and 0.50% of the second simple interest on an annual basis. HNA's annual interest on March 29, 2017 is calculated, excluding the interest of 1.00% in the three years from December 12, 2012 to 2023. Every year, the interest paid bonds will be transferred to the fourth year of the year from December 25 to December 24, and the interest of the fifth period will be paid together with the cashing of the principal exchange year of 1.80% and the sixth year of 2.00% on the 24th day of the last debt payment date
The total amount of funds raised from this public offering of convertible bonds is 240000000000 yuan, less payment
The amount after the sponsor and underwriting fee of 1628000000 yuan is 238372000000 yuan. The above funds have been
All the funds were received on December 29, 2017, and the net amount of the above-mentioned raised funds has been paid by ShineWing certified public accountants
(special general partnership) issued a capital verification report numbered xyzh / 2017bja50339 for verification.
On June 25, 2018, the company held the fourth meeting of the sixth board of directors in 2018 (Interim),
The proposal on changing the special account for raised funds was reviewed and approved, and the company was approved to change the 2017 public offering
The special account for the raised funds of convertible corporate bonds will be opened in China Citic Bank Corporation Limited(601998) Beijing Wangjing branch
All the raised funds and interests in the special account for raised funds opened by the bank shall be transferred out and deposited with the company in China Merchants Bank Co.Ltd(600036)
Special account for raised funds opened by Beijing Wantong central sub branch of Co., Ltd. (account name: AVIC Avionics)
System Co., Ltd., account No.: 791902048110901).
China Avionics Systems Co.Ltd(600372) redeemed the "avionics convertible bonds" in 2020. By the end of September 7, 2020, the market had accumulated
The "avionics convertible bonds" with a face value of 2388000000 yuan have been converted into company shares, accounting for 20% of the total issuance of "avionics convertible bonds"
9950000%, and the number of shares formed by the conversion of convertible bonds into shares is 169051327, accounting for the proportion of shares converted from "avionics convertible bonds"
960976% of the total issued shares of the former company. On September 8, 2020, the company will transfer 120000 shares that have not yet been converted
Redemption of convertible bonds. As of September 8, 2020, the company's convertible bonds have been fully converted into shares and redeemed
"E-bonds" will no longer continue to circulate or trade and will be delisted from the Shanghai Stock Exchange.
2、 Use amount and year-end balance of raised funds in this year
Unit: Yuan
No. project funds raised by public issuance of convertible bonds
1. Net amount of raised funds 238372000000
2 less: accumulated use of raised funds 234175084109
3 of which: 184752943737 yuan of raised funds has been accumulated for projects invested with raised funds in previous years
4. The cumulative use of raised funds for projects invested with raised funds in this year is 49422140372
5 plus: net amount of accumulated interest income deducting bank charges 4188356327
6. Balance of raised funds: 8385272218
As of December 31, 2021, China Avionics Systems Co.Ltd(600372) has accumulated 234175084109 yuan of funds raised through public issuance of convertible bonds, including 184752943737 yuan in the previous year and 49422140372 yuan in the current year, which have been invested in fund-raising projects and supplementary working capital.
As of December 31, 2021, the balance of the special account for raising funds from China Avionics Systems Co.Ltd(600372) public issuance of convertible bonds was 8385272218 yuan, and the accumulated amount used was 234175084109 yuan, which was 4188356327 Yuan different from the actual net amount raised of 238372000000 yuan, which was the net amount of accumulated interest income of raised funds after deducting bank handling charges.
3、 Management of raised funds
(I) formulation of raised funds management system
In order to regulate the management and use of raised funds and safeguard the legitimate interests of all shareholders, 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 of listed companies (revised in 2022), and the guidelines for the self discipline supervision of listed companies on Shanghai Stock Exchange No. 1 - standardized operation According to the relevant laws and regulations such as the Listing Rules of Shanghai Stock Exchange and the relevant provisions of the China Avionics Systems Co.Ltd(600372) articles of association, China Avionics Systems Co.Ltd(600372) revised the measures for the management and use of China Avionics Systems Co.Ltd(600372) raised funds in July 2017, which has been deliberated and adopted by the sixth meeting of the China Avionics Systems Co.Ltd(600372) sixth board of directors and the third extraordinary general meeting of shareholders in 2017.
(II) storage of raised funds in special account
As of December 31, 2021, the balance of funds raised by China Avionics Systems Co.Ltd(600372) public issuance of convertible bonds was 8385272218 yuan, which was deposited in the following special accounts:
Unit: Yuan
Account name account no. of deposit bank balance of raised funds
China Citic Bank Corporation Limited(601998) Beijing wang81107010136012627930.00 AVIC Avionics System Co., Ltd. Youjing sub branch
Limited company China Merchants Bank Co.Ltd(600036) shares
Limited company Beijing Wantong 79190204811090118024.84 central sub branch
Shanghai Aviation Electric Appliance Co., Ltd. (based on China Construction Bank Corporation(601939) Ditan branch 110501605 Shenzhen Tagen Group Co.Ltd(000090) 0106908898560, hereinafter referred to as "Shanghai Aviation Electric Appliance")
Shaanxi Huayan Aviation Instrument Co., Ltd. China Construction Bank Corporation(601939) Ditan branch 110501605 Shenzhen Tagen Group Co.Ltd(000090) 0104814549397 company (hereinafter referred to as "Huayan instrument")
Chengdu Kaitian Electronics Co., Ltd. China Construction Bank Corporation(601939) Ditan branch 110501605 Shenzhen Tagen Group Co.Ltd(000090) 1107652478893 company (hereinafter referred to as "Kaitian Electronics")
Lanzhou Flight Control Co., Ltd. China Construction Bank Corporation(601939) Ditan branch 110501605 Shenzhen Tagen Group Co.Ltd(000090) 0108942987369 company (hereinafter referred to as "Lanzhou flight control") runs Shaanxi Eastern Aviation Instrument Co., Ltd. China Construction Bank Corporation(601939) Ditan branch
Ren company (hereinafter referred to as "form 110501605 Shenzhen Tagen Group Co.Ltd(000090) 1103380941613 of Dongfang Instrument bank") Shaanxi Qianshan avionics Co., Ltd. China Construction Bank Corporation(601939) Ditan branch
Ren company (hereinafter referred to as "Qianshan navigation 110501605 Shenzhen Tagen Group Co.Ltd(000090) 0105367837265 electricity")
Beijing Qingyun Aviation Instrument Co., Ltd. China Citic Bank Corporation Limited(601998) Wangjing branch 8110701013501284035460004734 company (hereinafter referred to as "Qingyun instrument")
Suzhou Changfeng avionics Co., Ltd. China Citic Bank Corporation Limited(601998) Wangjing branch 81107010142012843281287217023 company (hereinafter referred to as "Suzhou Changfeng") Lanzhou Wanli aviation electromechanical Co., Ltd. China Construction Bank Corporation(601939) Ditan branch
Ren company (hereinafter referred to as "Lanzhou Airlines 110501605 Shenzhen Tagen Group Co.Ltd(000090) 01101443724740 electricity")
Taiyuan Aviation Instrument Co., Ltd. (based on China Citic Bank Corporation Limited(601998) Wangjing branch 81107010132012844611124830140, hereinafter referred to as "Taihang instrument")
Total 8385272218
(III) third party supervision on the storage of raised funds in the special account
Approved by the 12th meeting of 2017 of China Avionics Systems Co.Ltd(600372) the 6th board of directors
