Soochow Securities Co.Ltd(601555)
About Kunshan Longteng North Electro-Optic Co.Ltd(600184) Co., Ltd
Verification opinions on the deposit and use of raised funds in 2021
Soochow Securities Co.Ltd(601555) (hereinafter referred to as " Soochow Securities Co.Ltd(601555) " or "sponsor") as a sponsor of Kunshan Longteng North Electro-Optic Co.Ltd(600184) Co., Ltd. (hereinafter referred to as " Infovision Optoelectronics (Kunshan) Co.Ltd(688055) " or "company") for initial public offering of shares and listing on the science and innovation board, In accordance with the relevant provisions of the administrative measures for securities issuance and listing recommendation business, the Listing Rules of the science and Innovation Board of Shanghai Stock Exchange, and the regulatory guidelines for listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies, the deposit and use of raised funds in Infovision Optoelectronics (Kunshan) Co.Ltd(688055) 2021 were checked. The specific verification opinions are as follows: I. Basic information of raised funds
(I) actual amount of raised funds and time of fund arrival
With the approval of the reply on Approving the registration of initial public offering of Kunshan Longteng North Electro-Optic Co.Ltd(600184) Co., Ltd. (zjxk [2020] No. 1536) issued by China Securities Regulatory Commission and the consent of Shanghai Stock Exchange, the company publicly issued 333333400 RMB common shares (A shares) to the public in August 2020, with a par value of RMB 1 per share and an issue price of RMB 1.22 per share, The total amount of the raised funds is rmb35564700 (excluding the value-added tax) after deducting rmb50566200.
On August 12, 2020, all the above raised funds of the company have been in place and deposited in the special account for raised funds opened with the approval of the board of directors of the company, which has been verified by Daxin Certified Public Accountants (special general partnership) and issued the capital verification report (daxinyz [2020] No. 600005).
(II) use of raised funds and ending balance
As of December 31, 2021, the company has invested 31667286873 yuan in the fund-raising projects, received 634210982 yuan in the investment income and deposit interest income (including handling fee expenses) of idle raised funds, the balance of cash management with idle raised funds is 4400000000 yuan, and the balance of special account for raised funds is 72383656 yuan. The details are as follows:
Unit: Yuan
Project amount
Total raised funds 40666674800
Less: relevant issuance expenses 3922000000
Amount of raised funds received: 36744674800
Less: replacement of raised funds 1372129195
Including: 962323468 yuan of self raised funds invested in the raised investment project in advance
Self raised funds paid 409805727 of the issuance fee in advance
Less: 30704963405 for projects invested directly with raised funds
Less: payment of other issuance expenses 829409526
Less: 4400000000 temporarily idle raised funds for cash management at the end of the period
Plus: investment income of idle raised funds and deposit interest income (including handling fee expenditure) 634210982
As of December 31, 2021, the balance of the special account for raised funds was 72383656
2、 Management of raised funds
(I) formulation and implementation of raised funds management system
The company has formulated the management system for raised funds of Kunshan Longteng North Electro-Optic Co.Ltd(600184) Co., Ltd. in accordance with the requirements of relevant provisions such as the Listing Rules of Shanghai Stock Exchange on the science and innovation board, the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies, and implemented a special account storage system for the raised funds, and made provisions on the storage, use, management and supervision of the raised funds.
(II) tripartite supervision of raised funds
According to the requirements of Shanghai Stock Exchange and relevant regulations, the company and the sponsor have signed the tripartite supervision agreement on the storage of special account for raised funds with China Construction Bank Corporation(601939) Suzhou Branch, Agricultural Bank Of China Limited(601288) Kunshan branch, Shanghai Pudong Development Bank Co.Ltd(600000) Kunshan branch, Bank Of Jiangsu Co.Ltd(600919) Suzhou Branch on August 13, 2020. There is no significant difference between the tripartite regulatory agreement and the model tripartite regulatory agreement of Shanghai Stock Exchange, and the tripartite regulatory agreement has been effectively implemented.
(III) deposit of raised funds in special account
As of December 31, 2021, the deposit balance of the special account for the deposit of raised funds is as follows:
Unit: Yuan
Bank name bank account balance
China Construction Bank Corporation(601939) Kunshan Dongcheng sub branch 3225019864420999959192674
Agricultural Bank Of China Limited(601288) Kunshan Chengdong sub branch 10532401040 Eyebright Medical Technology(Beijing) Co.Ltd(688050) 47.60
Shanghai Pudong Development Bank Co.Ltd(600000) Kunshan sub branch 890700788019000187661064.21
Bank Of Jiangsu Co.Ltd(600919) Kunshan sub branch 303 Liaoning Port Co.Ltd(601880) Tianshui Zhongxing Bio-Technology Co.Ltd(002772) 2470798.01
Total / 72383656
3、 Actual use of raised funds in 2021
(I) use of funds for projects invested with raised funds (hereinafter referred to as "projects invested with raised funds")
For the actual use of the company's raised funds in 2021, see the "comparison table of the use of raised funds" (attached table).
(II) advance investment and replacement of raised investment projects
On September 16, 2020, the 10th meeting of the first board of directors and the 6th meeting of the first board of supervisors deliberated and adopted the proposal on using the raised funds to replace the self raised funds invested in the raised investment projects in advance and the paid issuance expenses, and agreed to use the raised funds to replace the self raised funds invested in the raised investment projects in advance, with an amount of RMB 962323468, The paid issuance fee for the replacement of raised funds is RMB 409805727, and the total raised funds of RMB 1372129195 are used to replace the self raised funds invested in advance. The independent directors of the company expressed clear consent.
In view of the above situation of self raised funds pre invested projects and paid issuance expenses, Daxin Certified Public Accountants (special general partnership) issued the audit report of Kunshan Longteng North Electro-Optic Co.Ltd(600184) Co., Ltd. replacing self raised funds pre invested projects and paid issuance expenses with raised funds (Daxin zhuanshen Zi [2020] No. 1500005).
As of December 31, 2021, the self raised funds previously invested in the projects invested by raising funds and paid issuance expenses have been replaced with raised funds.
(III) temporary replenishment of working capital with idle raised funds
As of December 31, 2021, the company does not use idle raised funds to temporarily supplement working capital
situation.
(IV) cash management with idle raised funds
In order to improve the use efficiency of the raised funds, the company held the 10th meeting of the first board of directors and the 6th meeting of the first board of supervisors on September 16, 2020, deliberated and adopted the proposal on using some temporarily idle raised funds for cash management, and agreed that the company would not affect the normal implementation of the company's investment projects with raised funds, the normal production and operation of the company and ensure the safety of the raised funds, Within 12 months after the deliberation and approval of the 10th meeting of the first board of directors, the temporarily idle raised funds of no more than RMB 300 million shall be used for cash management for the purchase of investment products with high safety, good liquidity and guaranteed principal. Within the above limit, the funds can be used on a rolling basis.
The company held the 13th meeting of the first board of directors and the 9th meeting of the first board of supervisors on August 16, 2021, deliberated and adopted the proposal on using some temporarily idle raised funds for cash management, and agreed that the company would not affect the normal implementation of the company's investment projects with raised funds, the normal production and operation of the company and ensure the safety of raised funds, Use the temporarily idle raised funds of no more than RMB 180 million for cash management to purchase investment products with high safety, good liquidity and meeting the capital preservation requirements. Within the above limit, the funds can be used on a rolling basis, and the service life is valid within 12 months from the date of deliberation and approval by the board of directors of the company.
In 2021, the company used temporarily idle raised funds for cash management as follows:
Unit: Yuan
Name of entrusted bank product amount Subscription Date maturity date expected income type whether interest rate expires
China China Construction Bank Corporation(601939) Co., Ltd. has seven days' notice of Principal Guaranteed Fixed Income, which is the deposit of 2000000000 in Kunshan Chengzhong sub branch of Co., Ltd. 2020 / 9 / 242021 / 3 / 29 1.755% profit
China China Construction Bank Corporation(601939) Co., Ltd. has seven days' notice of Principal Guaranteed Fixed Income, which is the benefit of 50000000 deposit of Kunshan Chengzhong sub branch of Co., Ltd. on September 24, 2020, 2021, April 28 and 1.755%
China China Construction Bank Corporation(601939) Co., Ltd. has seven days' notice to guarantee the principal and fixed income, which is the benefit of 50000000 deposit in Kunshan Chengzhong sub branch, September 24, 2020, 2021 / 5 / 24, 1.755%
China China Construction Bank Corporation(601939) Co., Ltd. has seven days' notice of Principal Guaranteed Fixed Income, which is the benefit of Shanghai Pudong Development Bank Co.Ltd(600000) 000 deposit of Kunshan Chengzhong sub branch of Co., Ltd. on September 24, 2020, 2021 / 6 / 30, 1.755%
China China Construction Bank Corporation(601939) shares have seven days' notice
