Securities code: Kangping Technology (Suzhou) Co.Ltd(300907) securities abbreviation: Kangping Technology (Suzhou) Co.Ltd(300907) Announcement No.: 2022011 Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) Co., Ltd
Special report on the deposit and use of raised funds in 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
In accordance with the provisions of relevant laws and regulations such as the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies, the Listing Rules of GEM stocks of Shenzhen Stock Exchange (hereinafter referred to as the “Listing Rules”), and the guidelines for the self-discipline supervision of listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of GEM listed companies (hereinafter referred to as the “standardized operation guidelines”), Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) Co., Ltd. (hereinafter referred to as “the company”) made a special report on the deposit and use of raised funds in 2021 as follows:
1、 Basic information of raised funds
1. Actual amount of raised funds and availability of funds
With the approval of China Securities Regulatory Commission on Approving the registration of initial public offering of Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) Co., Ltd. (zjxk [2020] No. 2258), the company issued 24 million ordinary shares (A shares) in RMB for the first time, the issuing price was 14.30 yuan / share, the total amount of raised funds was 34320000000 yuan, and the issuance expenses excluding tax were 5139648419 yuan, The net amount of funds actually raised was 29180351582 yuan. The above raised funds were in place on November 13, 2020. ShineWing Certified Public Accountants (special general partnership) verified the availability of the raised funds and issued the capital verification report (xyzh / 2020njaa20005).
2. Use and balance of raised funds
As of December 31, 2021, the use and balance of the company’s raised funds are as follows:
Unit: Yuan
Project amount
Received amount of raised funds: 31320000000
Less: issuance expenses paid with raised funds 2370000000
7989118445 has been invested in the projects invested with raised funds
Including: 7989118445 yuan invested directly by raising funds
Replace the self owned funds of the raised investment project invested in advance by 0.00
147843534 has been transferred out of the special account for raised funds but has not been invested in the raised investment project
Idle raised funds for purchasing financial products 0.00
Idle raised funds for temporarily replenishing working capital 7750000000
Bank charges 154246
Exchange loss 295651696
Plus: interest income 138840242
Financial income 251164627
As of December 31, 2021, the balance of the special account for raised funds was 13457236948
2、 Deposit and management of raised funds
1. Management of raised funds
In order to standardize the storage and management of raised funds and protect the legitimate rights and interests of investors, the company has formulated the measures for the management of raised funds in accordance with the provisions of the company law, listing rules, standardized operation guidelines and other relevant laws and regulations, combined with the actual situation of the company, implemented a special account storage system for raised funds and strictly performed the use approval procedures, so as to supervise the management and use of raised funds, Ensure that the special fund is used for special purpose.
In November 2020, the company and its sponsor Huatai United Securities Co., Ltd. (hereinafter referred to as the “sponsor”) signed the tripartite supervision agreement on raised funds with Hua Xia Bank Co.Limited(600015) Jiangsu pilot Free Trade Zone Suzhou area sub branch, and the company and its subsidiary Suzhou Yingdong electric tools Co., Ltd., the sponsor and Industrial And Commercial Bank Of China Limited(601398) Suzhou Xiangcheng sub branch signed the four party supervision agreement on raised funds; In October 2021, the company and its subsidiary Kangping Technology (Suzhou) Co.Ltd(300907) (Vietnam) Co., Ltd., the sponsor and Bank Of China Limited(601988) (Hong Kong) Ho Chi Minh City Branch signed the four party supervision agreement for raised funds 3; In December 2021, the company and its subsidiary Shenzhen ashbit Motor Co., Ltd., the sponsor and Bank Of Communications Co.Ltd(601328) Shenzhen Dalang sub branch signed a contract, which is only applicable to the project with an annual output of 3.2 million motors and 60000 electric tools. The implementation subject and location of the project are in Vietnam, so it is necessary to comply with relevant laws and regulations in Vietnam. According to the relevant laws and regulations of Vietnam, the investment funds received by Vietnamese foreign-invested enterprises need to be deposited in the capital account (i.e. the special account for the raised funds of the project). This capital account can only be opened and can only be used for the payment of more than one year from the time of customs declaration and the income and expenditure of other specific matters. If the payment does not exceed the above time of customs declaration and the relevant funds involving local transactions in Vietnam are required, Then it must be transferred through the capital account to the general account (open different accounts according to currency differences) before payment. Therefore, due to time difference and other factors, some of the raised funds transferred out of the special account for raised funds (i.e. capital account) have not been invested in the raised investment project, and this part of the raised funds will be invested in the above-mentioned project.
2 it is only applicable to the project with an annual output of 3.2 million motors and 60000 electric tools. The implementation subject and location of the project are in Vietnam. Therefore, the raised funds of the project are deposited in the above bank account in the form of US dollars or Vietnamese Dong. The process of converting US dollars and Vietnamese Dong into RMB will be involved in calculating the data related to the deposit and use of the raised funds of the project. The company adopts the exchange rate at the end of the period (December 31, 2021), It is different from the exchange rate at the time of foreign exchange purchase, resulting in exchange gains and losses.
3 see footnote 5 (2) for details.
The four party supervision agreement on raised funds was signed 4, which defined the rights and obligations of all parties.
The company has opened a special account for raising funds (hereinafter referred to as the “special account”) in the above-mentioned banks
Gold for storage and use. The Listing Supervision agreement and the model fund raising supervision agreement of Shenzhen Stock Exchange do not exist
In significant differences.
2. Storage of raised funds in special account
As of December 31, 2021, the deposit of the company’s special account for raised funds is as follows:
Unit: Yuan
Account name deposit bank account number balance
Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) shares Industrial And Commercial Bank Of China Limited(601398) 110226092900013093410630975662 Co., Ltd. Suzhou Xiangcheng sub branch
Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) shares Hua Xia Bank Co.Limited(600015) Jiangsu 1245400 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 802541986.04 Share Co., Ltd. Free Trade Zone Suzhou area sub branch
Suzhou Yingdong electric tools Industrial And Commercial Bank Of China Limited(601398) 11022609290001310380.00 Co., Ltd. Suzhou Xiangcheng sub branch
Kangping Technology (Suzhou) Co.Ltd(300907) (Vietnam) has Bank Of China Limited(601988) (Hong Kong) Ho Chi Minh City Branch 1 Shenzhen Zhenye(Group)Co.Ltd(000006) 004038352826062682
Shenzhen ashbit motor Bank Of Communications Co.Ltd(601328) Shenzhen 44306665701 New Universal Science And Technology Co.Ltd(300472) 67030.00 Co., Ltd. Dalang sub branch
Total 13457236948
3、 Actual use of raised funds in 2021
See attached table 1 for the use of the raised funds of the company as of December 31, 2021.
4、 Change the use of funds for investment projects with raised funds
The use of funds of the company’s investment projects with changed raised funds as of December 31, 2021 is detailed in
Schedule 2.
5、 Problems in the use and disclosure of raised funds
In 2021, the company has complied with relevant laws and regulations and relevant requirements of the company’s measures for the management of raised funds
It is required to disclose the deposit and use of raised funds in a timely, true, accurate and complete manner, and there is no raised funds
Violations of storage, use, management and disclosure.
4 see footnote 5 (3).
Board of directors of Kangping Technology (Suzhou) Co.Ltd(300907) (Suzhou) Co., Ltd. April 2, 2022 attached table 1: comparison table of use of raised funds in 2021 attached table 2: table of changes in investment projects of raised funds in 2021
Attached table 1: comparison of use of raised funds in 2021
Unit: 10000 yuan
The total amount of raised funds is 2918035, and the total amount of raised funds invested in 2021 is 798912
During the reporting period, the total amount of raised funds with changed purposes was 2468035
The total amount of funds raised for changing purposes is 2468035, the total amount of funds raised has been invested is 798912, and the proportion of total funds raised for changing purposes is 84.58%
Whether the investment projects by the end of the period have been changed to reach the promised investment projects and over raised projects for the feasibility of the project in 2021 (including the total investment after the adjustment of the funds raised by the Department, whether the cumulative investment progress (%) by the end of the period can be used to achieve whether it has reached the target or whether there has been a change in the direction of heavy capital investment) (1) Input amount (2) (3) = expected benefit on the status date (2) / (1)
The investment project promises to produce electric tools and household appliances annually
Electrical appliances and auto parts motor 2468035 – not applicable not applicable
12 million sets, Shanghai Pudong Development Bank Co.Ltd(600000) sets of complete electric tools project 5
5 （1）
