Leyard Optoelectronic Co.Ltd(300296)
Special report on the deposit and use of raised funds in 2021
According to the 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) According to the relevant provisions of Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 2 – standardized operation of GEM listed companies and Shenzhen Stock Exchange self regulatory guidelines for GEM listed companies No. 2 – announcement format, the company made the following special report on the deposit and use of raised funds in 2021: I. Basic information of raised funds (I) actual amount of raised funds and funds in place
Approved by the reply on approval of Leyard Optoelectronic Co.Ltd(300296) public issuance of convertible corporate bonds (zjxk [2019] No. 1856) issued by China Securities Regulatory Commission, the total amount of convertible corporate bonds issued by the company to the public is RMB 80000000000, with a face value of 100 yuan each. The issuance period is 6 years, i.e. from November 14, 2019 to November 13, 2025. The total amount of funds raised from the issuance of convertible corporate bonds by the company is RMB 80000000000. After deducting the underwriting fee of RMB 1000000000, the actual amount of funds raised from the above convertible bonds received by the company is RMB 79000000000. The above funds have been remitted from China Securities Co.Ltd(601066) to the company’s deposit account at the Olympic Village Branch of Guangdong Development Bank 95508802871010721 on November 20, 2019 Industrial Bank Co.Ltd(601166) deposit accounts of Beijing Dongsi sub branch 321340100100172561 and 321340100100172444 and bank accounts of Shanghai Pudong Development Bank Co.Ltd(600000) Beijing Huaqiao sub branch 911800788012 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 72. The total amount of funds raised from the public offering of convertible corporate bonds is RMB 80000000000. After deducting the amount excluding tax of recommendation and underwriting expenses of RMB 943396226 and other issuance expenses of RMB 201886792, the net amount of funds actually raised is RMB 78854716982. The availability of the above funds has been verified by Lixin Certified Public Accountants (special general partnership) and issued the verification report on the funds raised by Leyard Optoelectronic Co.Ltd(300296) public issuance of convertible corporate bonds (xksbz [2019] No. zb2005). （2） Use and balance of raised funds
As of December 31, 2021, the use of funds raised by the company’s public offering of convertible corporate bonds in 2019 is as follows:
(amount: yuan)
Total amount of previous year and current year of the project
Net raised funds 7885471698278854716982 minus: raised funds directly invested in raised investment projects 409048580372840035902269305217059, including: LED application industry south headquarters project 153751926821816858322933543775911 LED application industry park construction project 479110000 0.00479110000 Leyard Optoelectronic Co.Ltd(300296) (Xi’an) Intelligent R & D Center
1197233230475445411244777771 project
Permanent supplementary working capital 22653322125 0. Yunnan Xiyi Industrial Co.Ltd(002265) 3322125 temporary supplementary working capital 1200000000 – 1200000000 0.00 permanent supplementary working capital – change 1138423125211384231252 plus: net amount of handling charge deducted from interest income of raised funds 6999264774232380361123164513 unused balance of raised funds 386497,854.22 106726,644.36
On March 26, 2019, the 39th meeting of the third board of directors of the company deliberated and adopted the proposal on the company’s public issuance of convertible corporate bonds. According to relevant laws and regulations and the company’s current financial situation and investment plan, the total amount of convertible bonds issued this time does not exceed RMB 80 million (including RMB 80 million). The net amount of funds raised after deducting the issuance expenses will be used for LED application industry south headquarters project, LED application industry park construction project, Leyard Optoelectronic Co.Ltd(300296) (Xi’an) intelligent R & D center project and supplementary working capital projects.
On November 20, 2019, the company received RMB 79000000000 of the raised funds remitted from China Securities Co.Ltd(601066) and the company opened the raised funds account to calculate the above raised funds.
As of December 31, 2021, 69305217059 yuan of the above-mentioned raised funds have been used, and the raised funds not used by the company are 9549499923 yuan. After adding 1123164513 yuan of net interest obtained during the deposit period after deducting handling fees, the balance of the raised funds is 10672664436 yuan. 2、 Deposit and management of raised funds
（1） Management of raised funds
In order to standardize the management of the raised funds of the company and protect the rights and interests of investors, in accordance with the contract 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 the raised funds of listed companies Relevant laws, regulations and normative documents such as the Listing Rules of Shenzhen Stock Exchange on the gem and the guidelines for self discipline supervision of listed companies on the Shenzhen Stock Exchange No. 2 – standardized operation of listed companies on the gem, as well as the relevant provisions of the raised funds management system formulated by the company, the company has been established in the Olympic Village sub branch of Guangdong Development Bank, Industrial Bank Co.Ltd(601166) Beijing Dongsi sub branch Shanghai Pudong Development Bank Co.Ltd(600000) Beijing Huaqiao sub branch opened special accounts for raised funds in three banks, and signed the tripartite supervision agreement for raised funds with the sponsor China Securities Co.Ltd(601066) and the above deposit banks.
The tripartite supervision agreement defines the rights and obligations of all parties, which is not significantly different from the tripartite supervision agreement for raised funds (model) of Shenzhen Stock Exchange, and there is no problem in the performance of the tripartite supervision agreement. （2） Storage of raised funds in special account
By December 31, 2021, the company’s raised funds were deposited in the special bank account as follows:
Unit: RMB
Account type and account balance of deposit bank
Industrial Bank Co.Ltd(601166) Beijing Dongsi sub branch current account 32134010017256110503316 Industrial Bank Co.Ltd(601166) Beijing Dongsi sub branch current account 32134010017268610639761368 Industrial Bank Co.Ltd(601166) Beijing Dongsi sub branch current account 32134010017244436851.94 Industrial Bank Co.Ltd(601166) Beijing Dongsi sub branch current account 3213401001720516953.07 Guangfa bank Olympic Village sub branch Special current account 955088 Qingdao Weflo Valve Co.Ltd(002871) 010072125574.51 special current account 95508802662020010773207.59 Shanghai Pudong Development Bank Co.Ltd(600000) Beijing Anhuaqiao sub branch special current account 911800788012 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 7281410.41 total 10672664436
3、 Actual use of raised funds this year
（1） Use of funds for investment projects with raised funds
The actual use of the company’s raised funds in 2021 is detailed in Schedule 1 comparison table of the use of raised funds. （2） Changes in the place and mode of implementation of the project invested with raised funds
On June 22, 2021 and July 13, 2021, the company held the 24th Meeting of the Fourth Board of directors and the second extraordinary general meeting of shareholders in 2021 respectively, deliberated and passed relevant proposals, and agreed to use all the funds raised from the “LED application industrial park construction project” to permanently supplement the working capital of Leyard Optoelectronic Co.Ltd(300296) TV; The 547438 million yuan raised from the Leyard Optoelectronic Co.Ltd(300296) (Xi’an) intelligent R & D center project was used for the “Southern headquarters project of LED application industry”, and the 547438 million yuan was increased to Shenzhen Leyard Optoelectronic Co.Ltd(300296) which is a wholly-owned subsidiary of the company.
Unit: Yuan
Sequence project name raised funds committed investment adjustment amount total investment amount after adjustment
1 southern headquarters of LED application industry
380000 Shenzhen Fountain Corporation(000005) 47438192343474381923 project 2 LED application industrial park construction project
11 Shanghai Pudong Development Bank Co.Ltd(600000) 000 – 11120890000479110000 mesh 3 Leyard Optoelectronic Co.Ltd(300296) (Xi’an) intelligent R & D
6 Shanghai Pudong Development Bank Co.Ltd(600000) 000 -53552220001244778000 Center Project
4 supplementary working capital 2265471698222654716982 5 permanent supplementary working capital 1137674126311376741263
Note: the difference between the increased amount of project 1 LED application industry south headquarters project and the reduced amount of project 3 Leyard Optoelectronic Co.Ltd(300296) (Xi’an) intelligent R & D center project is 119159923 yuan, which is the interest expense of the original raised investment project Leyard Optoelectronic Co.Ltd(300296) (Xi’an) intelligent R & D Center project (deducting handling fee);
The difference between the reduced amount of the LED application industrial park construction project of project 2 and the increased amount of the permanent supplementary working capital project of project 5 is 255851263 yuan, which is the interest expense of the LED application industrial park construction project of the original raised investment project (deducting the handling fee). （3） Advance investment and replacement of investment projects with raised funds
The company has no advance investment and replacement of investment projects with raised funds in this period. （4） Temporary replenishment of working capital with idle raised funds
On December 14, 2020, the company held the 13th meeting of the 4th board of directors and the 13th meeting of the 4th board of supervisors, deliberated and passed relevant proposals, and agreed that the company would use idle raised funds of no more than 12 million yuan to temporarily supplement working capital for production and operation related to the company’s main business. The service life would not exceed 12 months from the date of approval of the audit by the board of directors, and would be returned to the special account for raised funds upon expiration. The company’s use of some idle raised funds to temporarily supplement working capital this time will not affect the normal construction and progress of the investment project with raised funds. If the implementation progress of the investment project with raised funds is ahead of the need for funds, the company will return the idle raised funds to the special account for raised funds in time to ensure that the progress of the investment project with raised funds is not affected. As of December 31, 2021, the company has returned all funds to the special account for raised funds.
（5） Utilization of surplus raised funds
Ben Gong
