Lingyi Itech (Guangdong) Company(002600)
Special report on the deposit and use of raised funds in 2021
1、 Basic information of raised funds
With the approval of the reply on approving Lingyi Itech (Guangdong) Company(002600) non-public Development Bank shares (zjxk [2019] No. 2574) issued by China Securities Regulatory Commission and the consent of Shenzhen Stock Exchange, Lingyi Itech (Guangdong) Company(002600) (hereinafter referred to as ” Lingyi Itech (Guangdong) Company(002600) ” or “the company”) is jointly underwritten by Guosen Securities Co.Ltd(002736) Huatai United Securities Co., Ltd. and China International Capital Corporation Limited(601995) issued 322234156 RMB ordinary shares (A shares) at a price of 9.31 yuan per share to specific investors who meet the relevant requirements of the CSRC. As of June 9, 2020, the company has raised a total of 29999999236 yuan, deducting the issuance fee of 2759916725 yuan, and the net amount of raised funds is 297240082511 yuan. All the funds raised by the above issuance of the company have been in place, which has been verified and confirmed by Dahua Certified Public Accountants (special general partnership) with the capital verification report of “Dahua Yan Zi [2020] No. 000264”.
As of December 31, 2021, the company has invested 117585964666 yuan in the raised fund projects, of which: the company invested 20812210000 yuan in the raised fund projects with its own funds before the raised funds are in place, which has been verified and confirmed by Dahua Certified Public Accountants (special general partnership) with the assurance report “dahuahe Zi [2020] No. 006645” and completed the fund replacement; Supplement working capital of 86243781510 yuan; The company used the raised funds of RMB 6685390378 from June 9, 2020 to December 31, 2020 and RMB 3844582778 from January 1, 2021 to December 31, 2021.
As of December 31, 2021, the balance of the special account for raised funds was 21719339080 yuan, and the difference between the due balance of raised funds and the balance of raised funds was 157934778765 yuan, including 159000000000 yuan of idle raised funds used to temporarily supplement working funds and 1065221235 yuan of net interest income during the deposit period of raised funds.
2、 Management of raised funds
In order to standardize the management and use of the raised funds and protect the rights and interests of investors, the company has formulated the fund raising of Lingyi Itech (Guangdong) Company(002600) A shares in accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the stock listing rules of Shenzhen Stock Exchange and other laws and regulations and in combination with the actual situation of the company
In accordance with the requirements of the management system and in combination with the business needs of the company, the company implements a special account storage system for the raised funds, so as to supervise the use of the raised funds; Strictly perform the approval procedures for the use of funds for the investment expenses of the projects with raised funds. The internal audit department of the company shall conduct daily supervision on the use of raised funds, regularly inspect the use of raised funds on a quarterly basis, and report the inspection to the audit committee.
On July 26, 2016, the company passed the proposal on Revising the management system for the special storage and use of raised funds at the 32nd meeting of the third board of directors, and on March 27, 2018, the proposal on Revising the management system for the special storage and use of raised funds at the second meeting of the Fourth Board of directors, On May 20, 2021, the third meeting of the Fifth Board of directors deliberated and approved the proposal on Revising the management system for the special storage and use of raised funds, and on August 26, 2021, the tenth meeting of the Fifth Board of directors deliberated and approved the proposal on Revising the management system for the special storage and use of raised funds of a shares.
(I) raised funds
According to the requirements of the management system and in combination with the business needs of the company, the company has opened special fund-raising accounts in Huanshi sub branch of Jiangmen Rural Commercial Bank Co., Ltd., Industrial Bank Co.Ltd(601166) Shenzhen Bagualing sub branch, Industrial Bank Co.Ltd(601166) Shenzhen Heping sub branch, Bank Of China Limited(601988) Shenzhen Bantian sub branch, Industrial And Commercial Bank Of China Limited(601398) Shenzhen Fuyong sub branch, China Merchants Bank Co.Ltd(600036) Shenzhen Tian’an Yungu sub branch and Shenzhen Branch of China Development Bank, And signed the tripartite supervision agreement on raised funds with the sponsor Guosen Securities Co.Ltd(002736) and the above-mentioned banks; The company, Lingyi Technology (Shenzhen) Co., Ltd. and the sponsor Guosen Securities Co.Ltd(002736) signed the four party supervision agreement on raised funds with Bank Of China Limited(601988) Shenzhen Buji sub branch and Industrial And Commercial Bank Of China Limited(601398) Shenzhen Fuyong sub branch respectively; The company, Lingyi Technology (Shenzhen) Co., Ltd., Dongguan Lingjie metal precision manufacturing technology Co., Ltd., Dongguan Lingyi Precision Manufacturing Technology Co., Ltd., lingshengcheng Technology (Jiangsu) Co., Ltd. and the sponsor Guosen Securities Co.Ltd(002736) signed the five party supervision agreement for raised funds with China Construction Bank Corporation(601939) Dongguan Huangjiang sub branch and Bank Of China Limited(601988) Dongtai sub branch (collectively referred to as the “supervision agreement”). There is no significant difference between the above regulatory agreement and the model tripartite regulatory agreement formulated by Shenzhen Stock Exchange, and there is no problem in the performance of the regulatory agreement.
According to the above management system and supervision agreement, the company implements strict approval procedures for the use of raised funds to ensure that the special funds are used for special purposes; The authorized sponsor representative can inquire the information of the special account for raised funds at the bank that opens the special account for raised funds at any time, and require the sponsor representative to conduct on-site investigation on the management and use of raised funds at least once every half a year.
According to the recommendation agreement signed between the company and Guosen Securities Co.Ltd(002736) the company, if the company withdraws more than 10 million yuan from the deposit account of raised funds in a single time or 5% of the net raised funds within 12 months, the company shall notify the recommendation representative in writing.
As of December 31, 2021, the storage of raised funds is listed as follows:
Monetary unit: RMB
Bank name account number initial deposit amount deadline balance storage method Jiangmen Rural Commercial Bank Co., Ltd. 8002 Ping An Bank Co.Ltd(000001) 4590517370999992413661112 current company Huanshi sub branch
Industrial Bank Co.Ltd(601166) Shenzhen 337050100100354610166000 Shenzhen Fountain Corporation(000005) 4430200 current Bagualing sub branch
Industrial Bank Co.Ltd(601166) Shenzhen 33807001 Shenzhen Wote Advanced Materials Co.Ltd(002886) 61200000 Shenzhen Zhenye(Group)Co.Ltd(000006) 5193589 current Heping sub branch
Bank Of China Limited(601988) Shenzhen 764073277627800000 Ping An Bank Co.Ltd(000001) 99414836 current Bantian sub branch
Industrial And Commercial Bank Of China Limited(601398) 400 Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) 9201883513544000 Ping An Bank Co.Ltd(000001) 77022216 current Shenzhen Fuyong sub branch
China Merchants Bank Co.Ltd(600036) Shenzhen 75790137107024000000 China International Marine Containers (Group) Co.Ltd(000039) 867595 current Tian’an Yungu sub branch
China Development Bank Shenzhen Branch 443015 Chongqing Fuling Electric Power Industrial Co.Ltd(600452) 8107 Tianma Microelectronics Co.Ltd(000050) 0000 Shenzhen Zhenye(Group)Co.Ltd(000006) 235615 current subtotal (Note 1) 298099999241545825163
Bank Of China Limited(601988) Shenzhen 745873748591420000 Ping An Bank Co.Ltd(000001) 4357901669 current Bantian sub branch
Industrial And Commercial Bank Of China Limited(601398) 400 Sichuan Crun Co.Ltd(002272) 9201913589100000 Shenzhen Fountain Corporation(000005) 060321530 current Shenzhen Fuyong sub branch
China China Construction Bank Corporation(601939) Dongguan Huangjiang sub branch 440501778408000184050000 Ping An Bank Co.Ltd(000001) 531216669 current China China Construction Bank Corporation(601939) Dongguan Huangjiang sub branch 4405017784080001839200000 Ping An Bank Co.Ltd(000001) 65834800 current Bank Of China Limited(601988) Dongtai 527489140250000 Shenzhen Fountain Corporation(000005) 8239249 current sub branch
Subtotal (Note 2) 82000 China Vanke Co.Ltd(000002) 1173513917
Total 21719339080
Note 1: the initial deposit amount includes the unpaid issuance fee of 859916730 yuan;
Note 2: according to the disclosed use plan of the raised funds, the raised funds accounts opened by Lingyi Itech (Guangdong) Company(002600) are transferred to Lingyi Technology (Shenzhen) Co., Ltd. (accounts: 745873748591, 400 Sichuan Crun Co.Ltd(002272) 9201913589), Dongguan Lingjie metal precision manufacturing technology Co., Ltd. (account: 4405017784080001840) The raised capital accounts opened by Dongguan Lingyi Precision Manufacturing Technology Co., Ltd. (account: 4405017784080001839) and lingshengcheng Technology (Jiangsu) Co., Ltd. (account: 5274891402) transferred a total of 8200000000 yuan. At the same time, the company and Lingyi Technology (Shenzhen) Co., Ltd., Dongguan Lingjie metal precision manufacturing technology Co., Ltd., Dongguan Lingyi Precision Manufacturing Technology Co., Ltd Lingshengcheng Technology (Jiangsu) Co., Ltd. Guosen Securities Co.Ltd(002736) and Bank Of China Limited(601988) Shenzhen Bantian sub branch, Shenzhen Fuyong sub branch of China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd., China China Construction Bank Corporation(601939) Dongguan Huangjiang sub branch, Bank Of China Limited(601988) Dongtai sub branch and other relevant parties have signed relevant fund-raising supervision agreements in accordance with the system requirements.
3、 Use of raised funds in 2021
See the attached table “use of raised funds” for details.
4、 Change the use of funds for investment projects with raised funds
(I) change of investment projects with raised funds
The company held the 15th meeting of the 5th board of directors and the 11th meeting of the 5th board of supervisors on December 27, 2021, and the first extraordinary general meeting of shareholders in 2022 on January 12, 2022. The proposal on changing some investment projects of raised funds was reviewed and approved, and the company agreed to adjust “electromagnetic functional material project”, one of the investment projects of non-public offering of shares, The remaining raised funds of RMB 4900000000 and interest will be used to invest in the “new touch panel and keyboard module project”. The implementation subject of this project is the wholly-owned subsidiary Suzhou appreciate Intelligent Technology Co., Ltd. For details, please refer to the company’s website at cninfo.com.cn on December 28, 2021 Announcement on changing some investment projects with raised funds (Announcement No.: 2021145).
(II) temporary replenishment of working capital with idle raised funds
On August 24, 2020, after deliberation at the 33rd meeting of the Fourth Board of directors of the company, it was agreed that the company would temporarily supplement working capital with idle raised funds of no more than 159000000000 yuan for a period of no more than 12 months. On July 6, 2021, the company has returned all the above raised funds of 159000000000 yuan for temporary replenishment of working capital in advance and deposited them into the special account for raised funds of the company.
On July 8, 2021, the proposal on continuing to use some idle raised funds to temporarily supplement working capital was deliberated and adopted at the 8th meeting of the 5th board of directors of the company, which agreed that the company would continue to use no more than RMB 159000000000 idle raised funds to temporarily supplement working capital, and the service life would be no more than 12 months from the date of deliberation and approval by the board of directors. As of December 31, 2021, the company has actually used 159000000000 yuan of idle raised funds to temporarily supplement working capital.
5、 Raise funds to make
