Securities code: Wuxi Autowell Technology Co.Ltd(688516) securities abbreviation: Wuxi Autowell Technology Co.Ltd(688516) Announcement No.: 2022029 Wuxi Autowell Technology Co.Ltd(688516)
Special report on the deposit and 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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
1、 Basic information of raised funds
According to the reply on Approving the registration of Wuxi Autowell Technology Co.Ltd(688516) initial public offering (zjxk [2020] No. 718) issued by China Securities Regulatory Commission (hereinafter referred to as "CSRC"), and with the consent of Shanghai Stock Exchange, the company issued 24670000 ordinary shares (A shares) in RMB for the first time, with a par value of 1.00 yuan per share and an issue price of 23.28 yuan per share. The total amount of funds raised in this public offering is 574317600 yuan. After deducting the issuance expenses of 620443 million yuan, the net amount of funds raised is 512273300 yuan. All the above-mentioned raised funds were in place on May 18, 2020. Lixin Zhonglian Certified Public Accountants (special general partnership) verified the availability of funds on May 19, 2020 and issued the capital verification report (Lixin Zhonglian Yan Zi [2020] d-0018). All the raised funds deposited in the above-mentioned special management account of the board of directors.
As of December 31, 2021, the actual use and balance of the company's raised funds are shown in the table below:
Project amount (yuan)
Total raised funds 57431760000
Less: deducted recommendation fee and underwriting fee 4803601576
The paid in amount of the special account for raised funds is 52628158424
Less: payment of other issuance expenses 1178800000
Interest income of raised funds: 128305
Less: bank charges 392516
Plus: income from financial products 1493802426
Less: use amount of raised funds for investment projects 34121396734
Project amount (yuan)
Balance of raised funds 18950272130
Including: closing balance of special account for raised funds 10950272130
Including: amount not yet due for cash management 8000000000
2、 Management of raised funds
In order to standardize the use and management of the company's raised funds, improve the use efficiency of the raised funds and effectively protect the interests of investors, the company has formulated Wuxi Autowell Technology Co.Ltd(688516) raised funds management system (hereinafter referred to as "raised funds management system") in accordance with relevant regulations and requirements and in combination with the actual situation of the company, and deposited the raised funds in the special account for raised funds established by the board of directors for centralized management, The company manages and uses the raised funds according to the requirements.
(I) signing of tripartite supervision agreement for raised funds
The company and Cinda Securities Co., Ltd. (hereinafter referred to as "Cinda securities") signed the tripartite supervision agreement on the storage of raised funds with Bank Of Jiangsu Co.Ltd(600919) Wuxi science and technology sub branch, Industrial Bank Co.Ltd(601166) Wuxi branch business department and Bank Of Ningbo Co.Ltd(002142) Wuxi New Area sub branch respectively in April 2020, clarifying the rights and obligations of all parties. Since the sponsor of the company issuing shares to specific objects in 2021 was changed from Cinda securities to Ping An Securities Co., Ltd. (hereinafter referred to as "Ping An Securities"), the company has disclosed the announcement on changing the continuous supervision organization and the sponsor representative (Announcement No.: 2021070) on October 21, 2021, The tripartite supervision agreement on the storage of raised funds special account signed by the company with the original sponsor Cinda securities and relevant raised funds storage banks was terminated on October 21, 2021. In view of the change of the company's recommendation institution, in order to further standardize the management of the company's raised funds and protect the rights and interests of investors, the company On November 12, 2021, Ping An Securities signed the tripartite supervision agreement on special account storage of raised funds with Bank Of Jiangsu Co.Ltd(600919) Wuxi science and technology sub branch, Industrial Bank Co.Ltd(601166) Wuxi branch business department and Bank Of Ningbo Co.Ltd(002142) Wuxi New Area sub branch, which defined the rights and obligations of all parties.
As of December 31, 2021, the company's use of the raised funds is strictly in accordance with the system and the tripartite supervision agreement on the storage of the raised funds in the special account.
(II) storage of raised funds in special account
As of December 31, 2021, the company's deposit of raised funds is as follows:
No. balance of raised funds in bank account of deposit bank (yuan)
1 Bank Of Jiangsu Co.Ltd(600919) Wuxi science and technology sub branch 219101880001849786797591592
2 Industrial Bank Co.Ltd(601166) Wuxi Branch Business Department 40840101 Tcl Technology Group Corporation(000100) 5423921998164794
3 Bank Of Ningbo Co.Ltd(002142) none 78081220 Aotecar New Energy Technology Co.Ltd(002239) 2154515744 Xixin District sub branch
Total 10950272130
Note: 1. As of December 31, 2021, the company has used idle raised funds to purchase bank financial products, and the amount that has not yet expired is RMB 8000000000.
3、 Actual use of raised funds in 2021
(I) use of funds for investment projects with raised funds
See the appendix "comparison table of the use of raised funds" for the fund use of the company's investment projects with raised funds in 2021.
(II) cash management of idle raised funds
On June 15, 2021, the company held the 24th Meeting of the second board of directors and the 16th meeting of the second board of supervisors, deliberated and adopted the proposal on cash management with temporarily idle raised funds. In order to further standardize the use and management of the company's raised funds, the company agreed that without affecting the normal progress of the investment plan of raised funds, The temporarily idle raised funds with a limit of no more than RMB 300 million shall be used for cash management for the purchase of products with high security, meeting the principal guaranteed requirements and good liquidity (including but not limited to the purchase of principal guaranteed financial products, structured deposits, large certificates of deposit, time deposits, notice deposits, etc.), and the service life shall be valid within 12 months from the date of deliberation and approval by the board of directors of the company. Within the above-mentioned limit and service life, the funds can be used in a circular and rolling manner.
The board of directors authorizes the chairman of the company to fully exercise the decision-making power of cash management and investment within the limit and sign relevant contract documents. The specific matters shall be organized and implemented by the financial department of the company. The independent directors and the board of supervisors have issued clear consent opinions, and the recommendation institution has issued clear verification opinions on this matter.
As of December 31, 2021, the company has used idle raised funds to purchase financial products, and the amount that has not yet expired is 80 million yuan. The details are as follows:
Sequence investment amount expected return category No. trustee product name Subscription Date maturity rate of return
(10000 yuan) type
Xinda Qilin
Bullish single shark
1 Xinda securities 21120217 breakeven floating 25 Zoje Resources Investment Co.Ltd(002021) -12-3 2022-6-13 2.96% + X
Limited company (193) movable income period
SUA378
Xinda Qilin
Bullish single shark
2 Xinda securities 211202 breakeven floating 25 Zoje Resources Investment Co.Ltd(002021) -12-3 2022-6-13 2.96% + X
Limited company (193) movable income period
SUA478
2021 single
Bank Of Ningbo Co.Ltd(002142) shares
3-digit structured principal Guarantee Co., Ltd. Wuxi 30 Zoje Resources Investment Co.Ltd(002021) -11-122022-2-14 3.4%
Deposit fixed income new area sub branch
two hundred and eleven thousand six hundred and eighty-five
Total 800000
Note: by the end of March 2022, the structural deposit of Bank Of Ningbo Co.Ltd(002142) 30 million yuan has been redeemed upon maturity
(III) temporary replenishment of working capital with idle raised funds
As of December 31, 2021, the company did not temporarily supplement working capital with idle raised funds.
(IV) early investment and replacement of raised investment projects
In 2021, the company did not replace the early investment with the raised funds.
(V) use of over raised funds
The company has no over raised funds.
(VI) use of surplus raised funds
As of December 31, 2021, the company has no use of surplus raised funds for investment projects.
4、 Change the use of funds for investment projects with raised funds
The company's investment projects with raised funds in 2021 have not changed, and there is no external transfer or replacement of investment projects with raised funds.
5、 Problems in the use and disclosure of raised funds
The company has been timely and truthful in accordance with relevant regulations
