Securities code: Hainan Jinpan Smart Technology Co.Ltd(688676) securities abbreviation: Hainan Jinpan Smart Technology Co.Ltd(688676) Announcement No.: 2022026 Hainan Jinpan Smart Technology Co.Ltd(688676)
Report on the use of the previously raised funds (as of December 31, 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.
According to the provisions on the report on the use of previously raised funds (zjfz [2007] No. 500) issued by the China Securities Regulatory Commission, Hainan Jinpan Smart Technology Co.Ltd(688676) (hereinafter referred to as "the company" or "the company") has prepared the report on the use of previously raised funds as of December 31, 2021 (hereinafter referred to as the deadline):
1、 Basic information of previously raised funds
(I) availability of funds raised last time
According to the reply on Approving the registration of Hainan Jinpan Smart Technology Co.Ltd(688676) initial public offering of shares (zjxk [2021] No. 94) issued by China Securities Regulatory Commission, Hainan Jinpan Smart Technology Co.Ltd(688676) issued 42570000 RMB ordinary shares (A shares) to the public for the first time, with the issue price of 10.10 yuan per share, the total amount of raised funds of 42995700000 yuan, after deducting the issuance expenses (excluding value-added tax) of 7957707548 yuan, The net amount of funds actually raised was 35037992452 yuan. The availability of the above raised funds has been verified by Zhonghui Certified Public Accountants (special general partnership) and issued the capital verification report (zhhyy [2021] No. 0625).
(II) deposit of the previously raised funds in the special account
As of December 31, 2021, Hainan Jinpan Smart Technology Co.Ltd(688676) previous raised funds were stored as follows:
Unit: RMB
As of 2021
Initial deposit amount of deposit bank account No. remarks on December 31
(Note 1) storage balance
(Note 2)
Bank Of Communications Co.Ltd(601328) Hainan Branch 46189999101 Jiangxi Tianli Technology Inc(300399) 76737959850943478660792-
that 's ok
Bank Of Communications Co.Ltd(601328) Hainan Branch 46189999101 Cubic Digital Technology Co.Ltd(300344) 680 - 290200808-
that 's ok
Bank Of Communications Co.Ltd(601328) Hainan Branch 46189999101 Cubic Digital Technology Co.Ltd(300344) 4431 - 145347410-
that 's ok
Total - 37959850943914209010
Note 1: the balance of 37959850943 yuan of the company's total raised funds of 42995700000 yuan after deducting 5035849057 yuan of underwriting expenses (excluding tax) payable has been deposited into the company's Bank Account No. 46189999101 Jiangxi Tianli Technology Inc(300399) 767 on March 4, 2021.
Note 2: as of December 31, 2021, the amount of cash management products purchased by the company with temporarily idle raised funds is RMB 22300000000.
As of December 31, 2021, Hainan Jinpan Smart Technology Co.Ltd(688676) the details of the use and balance of the previously raised funds are as follows: unit: RMB yuan
Project amount
Total raised funds 42995700000
Less: issuing expenses 7957707548
Net proceeds 35037992452
Less: fund raising investment project expenditure 2664614154
Less: 125550000000 cash management investment from temporarily idle raised funds
Less: temporary supplementary working capital 9531514732
Less: service charge 268634
Plus: income from cash management of temporarily idle raised funds 350385701
Plus: recovered cash management investment principal 103250000000
Plus: interest income of special account for raised funds 18926496
The balance of funds to be raised is 910907129
Actual balance of raised funds 914209010
The outstanding issuance expenses included in the actual balance raised funds are 3301881
Difference 0.00
2、 Actual use of previously raised funds
(I) use of funds raised last time
As of December 31, 2021, the use of the company's previously raised funds is detailed in Annex 1 comparison table of the use of previously raised funds.
(II) changes in the actual investment projects of the previously raised funds
As of December 31, 2021, the investment project of the company's previously raised funds has not changed. (III) adjust the amount of raised funds to be invested in the investment project with raised funds and the internal investment structure
1. The company held the 10th meeting of the second board of directors and the 7th Meeting of the second board of supervisors on April 17, 2021, and deliberated and adopted the proposal on adjusting the amount of raised funds to be invested in the investment projects with raised funds, Since the net amount of funds actually raised by the company is 3503799 million yuan, which is lower than 5409867 million yuan proposed to be invested in the project of raising and investing in the prospectus of Hainan Jinpan Smart Technology Co.Ltd(688676) initial public offering and listing on the science and innovation board, in order to ensure the smooth implementation of the project of raising and investing, it is agreed that the company shall, according to the actual net amount of funds actually raised by the initial public offering of shares and in combination with the actual situation of each project of raising and investing, Adjust the amount of raised funds to be invested in each raised investment project. The company's independent directors, the board of supervisors and the recommendation institution Zheshang Securities Co.Ltd(601878) expressed clear consent to the above matters. The details are as follows:
Unit: RMB 10000
Project name project investment amount to be invested before adjustment amount to be invested after adjustment amount of raised funds amount of raised funds
1. Energy saving and environmental protection transmission and distribution equipment intelligent 396725539672552569465 manufacturing project
2 R & D office center construction project 14426121442612934334
Total 54098673503799
2. On September 8, 2021, the company held the 13th meeting of the second board of directors and the 10th meeting of the second board of supervisors, deliberated and adopted the proposal on adjusting the amount of raised funds to be invested in the investment projects with raised funds and the internal investment structure, and agreed that according to the actual situation of the funds raised by the company's initial public offering and various raised investment projects, The amount of raised funds to be invested in each raised investment project and the internal investment structure of the raised investment project shall be adjusted accordingly. The board of supervisors, independent directors and recommendation institution Zheshang Securities Co.Ltd(601878) of the company have expressed explicit consent to the above matters. The details are as follows:
(1) Adjust the amount of raised funds to be invested in the raised investment project
Unit: RMB 10000
Name of sequential raised investment project proposed investment before adjustment of project investment amount proposed investment after adjustment amount of raised funds amount of raised funds
1 energy saving and environmental protection transmission and distribution equipment intelligent 396725525694652061187 manufacturing project
2 R & D office center construction project 14426129343341442612
Total 540986735037993503799
(2) Specific conditions of adjusting the internal investment structure of raised investment projects
In order to ensure the smooth implementation of raised investment projects and optimize resource allocation, the company plans to adjust the internal investment structure of each raised investment project on the premise that the total project investment, construction objectives and project capacity remain unchanged according to the latest market environment and the construction scheme of each raised investment project. The intelligent manufacturing project of energy-saving and environmental protection transmission and distribution equipment plans to increase the building area, and increase the construction engineering cost and other engineering construction costs accordingly; At the same time, it is planned to optimize the production line setting and production equipment configuration, and reduce the purchase cost and reserve cost of production equipment accordingly. The construction project of R & D office center is planned to reduce the construction area and reduce the construction engineering cost and other engineering construction costs accordingly; At the same time, it is planned to increase R & D investment and increase the purchase cost of R & D equipment accordingly. The details are as follows:
Unit: RMB 10000
Name of raised investment project project original planned project investment fund current proposed project investment increase and decrease amount
Construction cost 13662461706953340707
Equipment purchase cost 18758511618600 -257251
Other expenses of energy conservation and environmental protection transmission and distribution project 107765109748 19.83 intelligent system of electrical equipment
Preparation cost of construction project 167493 820.55 -854.38
Initial working capital 449899449899-
Total 3967255
