Securities code: Zhejiang Dayuan Pumps Industry Co.Ltd(603757) securities abbreviation: Zhejiang Dayuan Pumps Industry Co.Ltd(603757) Announcement No.: 2022019 special report on deposit and actual use of raised funds in 2021
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.
In accordance with the relevant provisions of the China Securities Regulatory Commission's 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) (CSRC announcement [2022] No. 15), the guidelines for the self discipline supervision of listed companies on the Shanghai stock exchange No. 1 - standardized operation, and the guidelines for the self discipline supervision of listed companies on the Shanghai Stock Exchange No. 1 - announcement format, The company made the following special report on the deposit and use of raised funds in 2021:
1、 Basic information of raised funds
(I) actual amount of raised funds and availability of funds
With the approval of the reply on the approval of Zhejiang Dayuan Pumps Industry Co.Ltd(603757) initial public offering of shares (zjxk [2017] No. 948) issued by the China Securities Regulatory Commission, the company publicly issued 21 million RMB ordinary shares (A shares) to the public at an issue price of 22.42 yuan / share. The total amount of funds raised was 47082000000 yuan, after deducting various issuance expenses of 3909410000 yuan (excluding tax), The net amount of actually raised funds is 43172590000 yuan. All the above raised funds were in place on July 5, 2017, which has been verified by Lixin Certified Public Accountants (special general partnership) and issued the capital verification report (xksbz [2017] No. zf10666).
The company has adopted a special account storage system for the raised funds.
(II) use and balance of raised funds
The specific use of funds raised in previous years is as follows:
Detailed amount (RMB)
On July 5, 2017, the balance of the special account for raised funds was 43172590000
Less: 1488.8 million.00 of financial products purchased
Plus: financial products due 14780000000
Plus: investment income from purchasing financial products 1391442732
Less: 5972841468 yuan of self raised funds invested in advance replaced by raised funds
Less: project investment of raised funds 29792 Guangzhou Sanfu New Materials Technology Co.Ltd(688359)
Plus: interest income less handling charges 453876747
The balance of the special account for raised funds on December 31, 2020 was 8252379652. As of December 31, 2021, the actual use of the company's raised funds was as follows:
Detailed amount (RMB)
As of December 31, 2020, the balance of the special account for raised funds was 8252379652
Less: purchase of financial products-
Plus: 1000000000 due for financial products
Plus: investment income from purchasing financial products 5935618
Less: 2747943621 yuan of raised funds used in 2020
Plus: 2020 interest income minus handling charges 178633003
Balance of special account for raised funds on December 31, 20216689004652 II. Deposit and management of raised funds
(I) management of raised funds
In order to standardize the management and use of raised funds, improve the efficiency and efficiency of fund use, and protect the rights and interests of investors, the company, in accordance with the company law of the people's Republic of China, the securities law of the people's Republic of China and the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies The management system of Zhejiang Dayuan Pumps Industry Co.Ltd(603757) raised funds has been formulated in accordance with the provisions of relevant laws, regulations and normative documents such as the Listing Rules of Shanghai Stock Exchange and the measures for the management of raised funds of listed companies of Shanghai Stock Exchange, and in combination with the actual situation of the company.
The system is an internal control system for the storage, use and management of the company's raised funds, and has made clear provisions on the storage, use, change, supervision and accountability of the raised funds. According to the system, the company implements special account storage for the raised funds. After the funds raised from the initial public offering are received, Taizhou Wenling sub branch of the company signed the tripartite supervision agreement on the special account storage of raised funds respectively; On July 24, 2017, the 12th meeting of the first board of directors of the company deliberated and approved the proposal on using part of the raised funds to increase the capital of wholly-owned subsidiaries and the proposal on setting up a special account for raised funds and signing the Quartet supervision agreement for wholly-owned subsidiaries, and agreed that the company would use the raised funds of RMB 165.15 million to increase the capital of the wholly-owned subsidiary Hefei Xinhu canned motor pump Co., Ltd. (hereinafter referred to as "Hefei Xinhu"), All the capital increase funds obtained by Hefei Xinhu Institute will be used for the fund-raising projects "annual output of 720000 canned motor pumps expansion project" and "technology research center construction project". Hefei Xinhu has opened special accounts for raising funds in China Everbright Bank Company Limited Co.Ltd(601818) Hefei Binhu sub branch and Industrial And Commercial Bank Of China Limited(601398) Hefei Xinhui sub branch. At the same time, the company, Hefei Xinhu and the sponsor Shenwan Hongyuan Group Co.Ltd(000166) securities underwriting and recommendation Co., Ltd. signed the four party supervision agreement on the storage of special account for raised funds with China Everbright Bank Company Limited Co.Ltd(601818) Hefei Branch of China and Industrial And Commercial Bank Of China Limited(601398) Hefei Xinhui sub branch of China respectively. All the above regulatory agreements specify the rights and obligations of all parties. There is no significant difference between the regulatory agreement and the tripartite regulatory agreement (model) on the special account storage of raised funds of Shanghai Stock Exchange. The company has strictly complied with and performed the raised funds.
(II) storage of raised funds in special account
As of December 31, 2021, the balance of special funds deposited in the special account is as follows:
Account name special account bank name bank account number account nature closing balance (yuan)
Zhejiang Dayuan Pumps Industry Co.Ltd(603757) Industrial And Commercial Bank Of China Limited(601398) Wenling Zeguo sub branch 12070421292 Shandong Wit Dyne Health Co.Ltd(000915) 50 current account 6569181646
Zhejiang Dayuan Pumps Industry Co.Ltd(603757) Industrial And Commercial Bank Of China Limited(601398) Wenling Zeguo sub branch 1207242429 Csg Holding Co.Ltd(000012) 688 current account 2672065
Zhejiang Dayuan Pumps Industry Co.Ltd(603757) China Merchants Bank Co.Ltd(600036) Taizhou Wenling sub branch 576900014510501 current account 2624311
Zhejiang Dayuan Pumps Industry Co.Ltd(603757) Agricultural Bank Of China Limited(601288) Wenling Zeguo sub branch 199281010043 Zhejiang Dayuan Pumps Industry Co.Ltd(603757) current account 7437524
Subtotal 6581915546
Hefei Xinhu canned motor pump Co., Ltd. Industrial And Commercial Bank Of China Limited(601398) Hefei Xinhui sub branch 130201521925 Shanghai Yaoji Technology Co.Ltd(002605) 3 current account 106812265
Hefei Xinhu canned motor pump Co., Ltd. China Everbright Bank Company Limited Co.Ltd(601818) Hefei Binhu sub branch 52180188 Shenzhen China Bicycle Company (Holdings) Limited(000017) 820 current account 276841
Subtotal 107089106
Total 6689004652
3、 Actual use of raised funds this year
During the year, the actual use of the raised funds of the company is as follows:
(I) use of funds for projects invested with raised funds (hereinafter referred to as "projects invested with raised funds")
During the reporting period, the company actually used the raised funds of RMB 274794 million. See Schedule 1 comparison table of the use of raised funds for details.
(II) advance investment and replacement of investment projects with raised funds
On July 24, 2017, the 12th meeting of the first board of directors and the 8th meeting of the first board of supervisors deliberated and approved the proposal on using raised funds to replace self raised funds invested in projects invested with raised funds in advance, and agreed that the amount of self raised funds invested in projects invested with raised funds in advance by the company was 5972841468 yuan. The independent directors, the board of supervisors and the recommendation institution of the company all gave their consent opinions on this matter. Lixin Certified Public Accountants (special general partnership) conducted a special audit on the company's early investment in the raised capital projects with self raised funds, and issued the assurance report on Zhejiang Dayuan Pumps Industry Co.Ltd(603757) pre investment in the raised capital projects with self raised funds (xksbz [2017] No. zf10680).
(III) temporary replenishment of working capital with idle raised funds
The company does not temporarily supplement working capital with idle raised funds.
(IV) cash management of idle raised funds and investment in related products
At the 12th meeting of the first board of directors held on July 24, 2017, the company considered and approved the proposal on using some idle raised funds for cash management, and agreed that the company and its wholly-owned subsidiary Hefei Xinhu, on the premise of not affecting the normal progress of raised investment projects and ensuring the safety of raised funds, Use the temporarily idle raised funds with the maximum amount of no more than 160 million yuan for cash management (within this limit, it can be used on a rolling basis). Among them, the maximum amount of Hefei Xinhu using the temporarily idle raised funds for cash management is no more than 80 million yuan, which is used to buy low-risk financial products with high security, good liquidity and principal guaranteed agreements issued by banks or other financial institutions. The time limit for the company's board of directors to authorize the management to carry out the above cash management matters is valid within 12 months from the date of deliberation and approval at the 12th meeting of the first board of directors.
The company held the 15th meeting of the first board of directors on March 29, 2018, deliberated and passed the proposal on increasing the cash management limit of temporarily idle raised funds. According to the actual situation of the company's abundant cash flow, in order to improve the efficiency of the company's idle raised funds, based on the principle of fund safety, not affecting the normal construction of raised investment projects and taking into account the maximization of shareholders' interests, On the premise of ensuring the capital demand for daily operation and effectively controlling investment risks, it is proposed to increase the cash management limit of temporarily idle raised funds by 50 million yuan. After the increase, the cash management limit of the company's raised funds is 210 million yuan, of which the maximum amount of Hefei Xinhu using temporarily idle raised funds for cash management is no more than 80 million yuan, which are used to invest in principal guaranteed financial products. The service life is valid within 12 months from the date of deliberation and approval by the board of directors. Within the validity period of the above limit and resolution, it can be recycled and used.
The company was established in 2019
