Shenwan Hongyuan Group Co.Ltd(000166) securities underwriting and recommendation Co., Ltd
About Zhejiang Supcon Technology Co.Ltd(688777)
Special verification report on the deposit and use of raised funds in 2021
Shenwan Hongyuan Group Co.Ltd(000166) securities underwriting and recommendation Co., Ltd. (hereinafter referred to as ” Shenwan Hongyuan Group Co.Ltd(000166) underwriting and recommendation” or “recommendation agency”) acts as a recommendation agency for Zhejiang Supcon Technology Co.Ltd(688777) (hereinafter referred to as ” Zhejiang Supcon Technology Co.Ltd(688777) ” or “company”) to issue shares for the first time and list on the science and innovation board, The deposit and use of raised funds in Zhejiang Supcon Technology Co.Ltd(688777) 2021 were checked in accordance with the relevant provisions of 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, and the guidelines for the self-discipline supervision of listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation. The details are as follows:
1、 Basic information of raised funds
(I) actual amount of raised funds and receipt of funds
Approved by the reply on Approving the registration of Zhejiang Supcon Technology Co.Ltd(688777) initial public offering (zjxk [2020] No. 2448) of China Securities Regulatory Commission, the company was approved to issue 49.13 million RMB ordinary shares to the public in the form of initial public offering, with an issue price of 35.73 yuan / share and a total raised capital of 1755414900 yuan. After deducting the issuance expenses (excluding value-added tax) of 1180888 million yuan, The net amount of funds actually raised was 1637326100 yuan. Tianjian Certified Public Accountants (special general partnership) verified the capital availability of the company’s initial public offering, and issued the capital verification report (tianjianyan (2020) No. 508) on November 17, 2020.
(II) use and balance of raised funds
The company actually used 716535 million yuan of raised funds in 2021, and the net amount of investment income from bank deposit interest income and cash management with idle raised funds deducted from bank handling fees in 2021 was 319569 million yuan; As of December 31, 2021, 7167038 million yuan of raised funds have been used, and the accumulated interest received on bank deposits and the net amount of investment income and interest income obtained from cash management using idle raised funds after deducting bank handling charges is 344218 million yuan.
As of December 31, 2021, the balance of raised funds was 9546441 million yuan, of which the balance of bank deposits deposited in the special account for raised funds was 4346441 million yuan (including the accumulated bank deposit interest received and the net amount of investment income and interest income obtained by using idle raised funds for cash management minus bank handling fees of 330458 million yuan), and the balance of using raised funds to purchase financial products was 52 million yuan.
2、 Management of raised funds
(I) management system 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, In accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the Listing Rules of the science and Innovation Board of Shanghai Stock Exchange, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies, the guidelines for the application of the self regulatory rules of the science and Innovation Board of Shanghai Stock Exchange No. 1 – standardized operation and other relevant laws, regulations and normative documents, In combination with the actual situation of the company, the management system of Zhejiang Supcon Technology Co.Ltd(688777) raised funds (hereinafter referred to as the management system) is formulated. According to the management system, a special account storage system is implemented for the raised funds, which stipulates the storage and use of the raised funds, the management of project implementation, the change of investment projects and the supervision of use. The company implements a special account for the raised funds, sets up a special account for the raised funds in the following banks or their secondary sub branches, and together with the recommendation institution, respectively with Industrial And Commercial Bank Of China Limited(601398) Hangzhou Qianjiang sub branch, Bank Of Communications Co.Ltd(601328) Hangzhou Chengzhan sub branch, Bank Of Ningbo Co.Ltd(002142) Hangzhou branch, China Zheshang Bank Co.Ltd(601916) Hangzhou branch, Bank Of China Limited(601988) . Hangzhou Binjiang sub branch signed the tripartite supervision agreement on raised funds; The company, together with the subsidiary Zhejiang zhongkong Sensing Technology Co., Ltd. and the sponsor, signed the four party supervision agreement for raised funds with China Construction Bank Corporation(601939) Hangzhou Xihu sub branch on November 5, 2020, and the subsidiary Zhejiang zhongkong Fluid Technology Co., Ltd. and the sponsor signed the four party supervision agreement for raised funds with Agricultural Bank Of China Limited(601288) Hangzhou Binjiang sub branch on November 5, 2020, Together with its subsidiary, Zhejiang zhongkong Park intelligent housekeeper Technology Co., Ltd. and the sponsor, the four party supervision agreement was signed with Bank Of China Limited(601988) Hangzhou Binjiang sub branch on May 18, 2021, clarifying the rights and obligations of all parties.
There is no significant difference between the above agreement and the tripartite supervision agreement (model) on the special account storage of raised funds of Shanghai Stock Exchange, and the company has strictly complied with and performed when using the raised funds.
(II) storage of raised funds in special account
As of December 31, 2021, the company has 11 special accounts for raised funds, and the deposit of raised funds is as follows: unit: RMB / yuan
Remarks on the balance of raised funds in the bank account of the account subject’s deposit bank
China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. has 12020214299005756423128154749 current deposit Co., Ltd. Hangzhou Qianjiang sub branch
China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. has 12020214299005757665161321485 current deposit Co., Ltd. Hangzhou Qianjiang sub branch
Bank Of Communications Co.Ltd(601328) Co., Ltd. 33106597001867867869028.77 current deposit Department Hangzhou Chengzhan sub branch
Bank Of Ningbo Co.Ltd(002142) Co., Ltd. 7113012200016192014148944222 current deposit division Hangzhou Chengbei sub branch
Zhejiang Supcon Technology Co.Ltd(688777) China Zheshang Bank Co.Ltd(601916) Co., Ltd. 3310010120100943065376.34 demand deposit Department Hangzhou Branch
Bank Of China Limited(601988) Co., Ltd. 3506787269854293417364 current deposit Department Hangzhou Binjiang sub branch
China China Construction Bank Corporation(601939) Co., Ltd. has 33050161963509998881250237871 current deposit Co., Ltd. Hangzhou Xihu sub branch
China Agricultural Bank Of China Limited(601288) Co., Ltd
Zhejiang Free Trade Zone Hang 1904530104 Shenzhen Colibri Technologies Co.Ltd(002957) 015366753935 current deposit zhougaoxin sub branch
Zhejiang zhongkong China China Construction Bank Corporation(601939) Co., Ltd
Sensing Technology Co., Ltd. Hangzhou Xihu sub branch 33050161963509966644469762 current deposit Co., Ltd. Zhejiang central control China Agricultural Bank Of China Limited(601288) Co., Ltd
Fluid Technology Co., Ltd. Zhejiang Free Trade Zone Hang 1904530104 Allmed Medical Products Co.Ltd(002950) 571072604 current deposit Co., Ltd. Zhejiang high tech sub branch Zhejiang central control
Park smart Bank Of China Limited(601988) Co., Ltd. 3610795568280.00 current deposit housekeeper Technology Department Hangzhou Binjiang sub branch Co., Ltd
Total — 43464412503-
3、 Actual use of raised funds this year
(I) comparison table of use of raised funds
As of December 31, 2021, the company has invested a total of 7167038 million yuan in the raised funds of relevant projects. See Annex 1: comparison table of the use of raised funds for the specific use.
(II) description of abnormal conditions in the project invested by raised funds
There is no abnormality in the investment project of the company’s raised funds.
(III) description of the situation that the benefits of the investment project with raised funds cannot be calculated separately
The company uses the raised funds to supplement the working capital of 140 million yuan, and the benefits cannot be calculated separately. It is mainly to further optimize the company’s financial structure and alleviate the limitations of financing channels, so as to provide financial support for the expansion of the company’s business scale.
(IV) advance investment and replacement of raised funds
On December 21, 2020, the 27th meeting of the Fourth Board of directors and the 18th meeting of the Fourth Board of supervisors respectively considered and approved the proposal on using raised funds to replace self raised funds invested in raised projects in advance and paid issuance expenses, and agreed to use the raised funds of 221239 million yuan to replace self raised funds invested in raised projects in advance, Use the raised funds of 2.5644 million yuan to replace the self raised funds that have paid the issuance expenses, and use the raised funds of 2238034 million yuan to replace the above self raised funds that have been invested in the raising projects in advance and paid the issuance expenses. The foregoing matters comply with the provisions on replacement within 6 months after the arrival of the raised funds. The independent directors of the company expressed their independent opinions on the above matters of replacement with raised funds. For details, please refer to the announcement of Zhejiang Supcon Technology Co.Ltd(688777) on using raised funds to replace self raised funds invested in advance and paid issuance expenses (Announcement No.: 2020008) disclosed by the company on the website of Shanghai Stock Exchange on December 22, 2020. The above matters have been verified by Tianjian Certified Public Accountants (special general partnership) and issued the verification report on Zhejiang Supcon Technology Co.Ltd(688777) pre investment of raised investment projects with self raised funds (tianjianshen (2020) No. 10443).
(V) temporary replenishment of working capital with idle raised funds
During the reporting period, the company did not use idle raised funds to temporarily supplement working capital.
(VI) cash management of idle raised funds
On November 25, 2021, the company held the 7th Meeting of the 5th board of directors and the 7th Meeting of the 5th board of supervisors by means of communication, deliberated and passed the proposal on the use of some temporarily idle raised funds for cash management, and agreed that the company would use the temporarily idle raised funds of no more than RMB 900 million for cash management on the premise of not affecting the implementation of the investment projects of the raised funds and ensuring the safety of the raised funds, It is used to purchase financial products with high security, good liquidity and meeting the capital preservation requirements. Valid within 12 months from the date of deliberation and approval by the board of directors. Within the above limit and term, the funds can be used circularly and rolling.
As of December 31, 2021, the company used some idle raised funds for cash management as follows: unit: RMB / 10000 yuan
Entrusted bank product name product type amount start and end date expected annualized income rate (%) redemption
Bank Of China Limited(601988) shares Bank Of China Limited(601988) hook type
Structural deposit Principal Guaranteed floating collection 1300000 from December 28, 2020 to 1.49 of Co., Ltd. has been redeemed Hangzhou Binjiang Branch [csdv202007 yi2021 / 3 / 22 Huixing 009h]
Bank Of China Limited(601988) shares Bank Of China Limited(601988) hook type
Hangzhou Binjiang branch has been redeemed from 1200000 to 3.60 on December 28, 2020 for Principal Guaranteed floating collection of structural deposits of Co., Ltd. [csdv202007 yi2021 / 3 / 23 Huixing 010h]
China Industrial And Commercial Bank Of China Limited(601398) hanging
Cumulative exchange rate range of industrial and Commercial Bank of China
Bank of China Limited legal person RMB guaranteed principal floating collection 2500000 from December 29, 2020 to 2.58 redeemed Company Hangzhou money structured deposit product – Huijiang sub branch special account type on March 22, 2021, 2020
222 tranche e
Agricultural Bank of China Agricultural Bank of China
From December 28, 2020 to December 28, 2020, the principal guaranteed floating income of “huilifeng” of Bank Co., Ltd. to the redeemed company, Zhejiang, 1100000 to the public since phase 64252021 / 3 / 1
