Yantai Tayho Advanced Materials Co.Ltd(002254)
Special report on the deposit and use of raised funds in 2021
Yantai Tayho Advanced Materials Co.Ltd(002254) (hereinafter referred to as the company) the board of directors and all directors 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 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, in accordance with the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies issued by China Securities Regulatory Commission and in combination with the company's raised funds management system, the deposit and use of raised funds in 2021 are described as follows.
1、 Basic information of raised funds
(I) actual amount of raised funds and availability of funds
Approved by the reply of China Securities Regulatory Commission on approving Yantai Tayho Advanced Materials Co.Ltd(002254) absorption and merger of Yantai Yantai Tayho Advanced Materials Co.Ltd(002254) Group Co., Ltd. and issuing shares to Yantai Guosheng Investment Holding Co., Ltd. to purchase assets and raise supporting funds (zjxk [2020] No. 1103), the company privately issued 34340659 RMB ordinary shares (A shares), with an issue price of 14.56 yuan per share and a total raised capital of 4999999504 yuan, After deducting the issuance expenses excluding tax of 599474424 yuan, the net amount of raised funds is 49400525080 yuan. All the above funds were in place on October 23, 2020, which has been verified by tianyuanquan Certified Public Accountants (special general partnership) and issued the capital verification report (tianyuanquan Yan Zi [2020] No. 000013).
(II) amount used and current balance in the current year
As of December 31, 2021, the balance of the company's special account for raised funds was 20146493246 yuan. The use of the special account for raised funds is as follows:
1. The balance of the special account for raised funds at the beginning of the year was 24812193333
2. The interest income of raised funds in the current period is 341427680
3. Project construction (including initial investment in replacement) - 5007127767
Balance of special account on December 31, 2021: 20146493246
Details are as follows:
1. In 2021, the company actually received interest income of 341427680 yuan from the special account for raised funds.
2. In 2021, the company actually paid 5007127767 yuan from the special account for raised funds to raise funds for investment projects
It should be used in the industrialization project of high-performance aramid paper-based materials with an annual output of 3000 tons.
As of December 31, 2021, the balance of raised funds was 20146493246 yuan.
2、 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 China Securities Regulatory Commission's regulatory guidelines for listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies, the Shenzhen Stock Exchange's guidelines for the standardized operation of listed companies (revised in 2020) and other laws and regulations, and in combination with the actual situation of the company, Revised the management system of Yantai Tayho Advanced Materials Co.Ltd(002254) raised funds (hereinafter referred to as "the system")
Management system). The management system was approved by the second meeting of the 10th board of directors of the company in 2020 and the third meeting in 2020
It was deliberated and adopted at the extraordinary general meeting of shareholders.
According to the management system, the company and its affiliated enterprise Yantai minstar Special Paper Co., Ltd
Deposit the raised funds and open special accounts for the raised funds respectively. And in October 2020 with the independent financial adviser (principal)
Underwriter) Citic Securities Company Limited(600030) , China China Everbright Bank Company Limited Co.Ltd(601818) Yantai Economic and Technological Development Zone sub branch and Hua Xia Bank Co.Limited(600015) Yantai Free Trade Zone sub branch jointly signed the tripartite supervision agreement on raised funds. There is no significant difference between the tripartite supervision agreement on raised funds and the model tripartite supervision agreement of Shenzhen Stock Exchange, and the company has strictly complied with it when using the raised funds.
(II) storage of raised funds in special account
As of December 31, 2021, the specific deposit of raised funds is as follows:
Deposit subject deposit bank account No. account category storage balance remarks
Funds raised by the company Hua Xia Bank Co.Limited(600015) Yantai 126560 China High-Speed Railway Technology Co.Ltd(000008) 3695720146493246 - special account of free trade zone sub branch
The raised fund of China Everbright Bank Company Limited Co.Ltd(601818) 380801880 Beijing Dabeinong Technology Group Co.Ltd(002385) 61 of the company has been closed to the special account of Yantai Economic and Technological Development Zone sub branch
Minstar Hua Xia Bank Co.Limited(600015) Yantai 126560 China High-Speed Railway Technology Co.Ltd(000008) 37021 raised funds 0.00 - special account of free trade zone sub branch
Total 20146493246
3、 Actual use of raised funds this year
Unit: 10000 yuan
The total amount of raised funds is 4940053, and the total amount of raised funds invested in this year is 500713
The total amount of raised funds with changed purposes during the reporting period was 0.00
The accumulated total amount of raised funds for changing purposes is 0.00, the accumulated total amount of raised funds invested is 2961996, and the proportion of the accumulated total amount of raised funds for changing purposes is 0.00
Whether the committed investment projects and over raised funds have been changed and whether the total investment in the current year after the adjustment of the commitment of raised funds has reached the expected feasibility of the project by the end of the period (including the total investment amount of the Department) (1) the investment amount (2) the progress (%) (3) = it is determined whether there will be a reclassification change to be realized by the state of availability) (2) / (1) the benefits of the state date have changed greatly
Committed investment projects
1. Repayment and supplement of bank loans 24 Shanghai Topcare Medical Services Co.Ltd(600532) 460053 0. Guangzhou Zhujiang Brewery Co.Ltd(002461) 283 100.05 not applicable - not applicable not applicable working capital
2. Annual output of 3000 tons of high-performance fangno 2480000248 Tianma Microelectronics Co.Ltd(000050) 0713500713 20.19 -- not applicable no
Nylon paper based material industrialization project
Subtotal of committed investment projects / 494005349400535007132961996 59.96 / //
Circumstances and reasons for not reaching the planned progress or expected income (by specific inapplicable projects)
The description of major changes in the feasibility of the project is not applicable
The amount, purpose and progress of over raised funds are not applicable
The change of the implementation location of the project invested by raised funds is not applicable
The adjustment of the implementation mode of the project invested by raised funds is not applicable
The advance investment and replacement of the investment projects with raised funds are not applicable
The temporary replenishment of working capital with idle raised funds is not applicable
The amount and reasons for the balance of raised funds in the implementation of the project are not applicable
The company held the fourth meeting of the 10th board of directors and the fourth meeting of the 10th board of supervisors on November 27, 2020, deliberated and adopted the proposal on cash management with idle raised funds, and agreed that the company (including its holding subsidiaries) should meet the daily capital needs of raised funds, On the premise that there is no disguised change in the purpose of the raised funds, combined with the phased capital needs of the company's raised investment projects, use the temporarily idle raised funds of no more than RMB 300 million for cash management, which is effective within 36 months from the date of deliberation and approval by the board of directors of the company.
Within the authorized limit, the funds can be used on a rolling basis. The balance of cash management of temporarily idle raised funds by any Japanese company shall not exceed 300 million yuan (inclusive), and the purpose and destination of unused raised funds shall not exceed 250 million yuan (inclusive). Authorize the chairman of the company to handle relevant matters after the proposal is passed by the board of directors, including but not limited to selecting qualified product issuers, determining the amount, selecting products, signing relevant contracts or agreements, and authorize the Finance Department of the company to be responsible for the specific organization and implementation. On February 7, 2021, the company and Hua Xia Bank Co.Limited(600015) Yantai Free Trade Zone sub branch signed the agreement on deposit of Hua Xia Bank Co.Limited(600015) RMB units to deposit the balance of raised funds in the form of agreed deposit, and the deposit interest rate shall be implemented according to the agreed deposit interest rate agreed with the deposit bank of raised funds, The deposit term is determined according to the cash payment progress of the investment project invested by the raised funds and can be withdrawn at any time. As of December 31, 2021, all the raised funds of 20146493246 yuan unused by the company had been deposited in the special account for raised funds in the form of agreed deposit.
There are no problems or other situations in the use and disclosure of raised funds
Note: the accumulated investment amount of "repayment of bank loans and supplementary working capital" is greater than the total committed investment of 123000 yuan, which is the interest income of raised funds.
4、 Change the use of funds for investment projects with raised funds
The company does not change the investment projects of raised funds.
5、 Problems in the use and disclosure of raised funds
During the reporting period, the company disclosed relevant information on the use of raised funds in a timely, accurate, true and complete manner, and there were no violations in the use and disclosure of raised funds.
Yantai Tayho Advanced Materials Co.Ltd(002254) board of directors
April 7, 2002
