Securities code: Infovision Optoelectronics (Kunshan) Co.Ltd(688055) securities abbreviation: Infovision Optoelectronics (Kunshan) Co.Ltd(688055) Announcement No.: 2022017 Kunshan Longteng North Electro-Optic Co.Ltd(600184) Co., Ltd
Special report on the deposit and actual 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.
In accordance with the relevant provisions of the Listing Rules of Shanghai Stock Exchange’s science and innovation board, the guidelines for the application of the self regulatory rules of Shanghai Stock Exchange’s science and innovation board listed companies No. 1 – standardized operation, and the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies, Kunshan Longteng North Electro-Optic Co.Ltd(600184) Co., Ltd. (hereinafter referred to as ” Infovision Optoelectronics (Kunshan) Co.Ltd(688055) ” or “the company”) explains the special report on the deposit and use of the company’s raised funds in 2021 as follows:
1、 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 1.00 per share and an issue price of RMB 1.22 per share, The total amount of raised funds is 40666674800 yuan. After deducting the issuance expenses of 5161215253 yuan (excluding value-added tax), the net amount of raised funds is 35505459547 yuan.
On August 12, 2020, all the raised funds of the company were in place and deposited in the special account for raised funds opened with the approval of the board of directors of the company, which was 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: RMB 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 and deposit interest income of idle raised funds 634210982
(including service charge)
As of December 31, 2021, the balance of the special account for raised funds was 72383656
2、 Management of raised funds
(I) management of raised funds
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) storage 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: RMB
Bank name bank account balance
China Construction Bank Corporation(601939) Kunshan East 32250198644209999959192674 City sub branch
Agricultural Bank Of China Limited(601288) Kunshan City 10532401040 Eyebright Medical Technology(Beijing) Co.Ltd(688050) 47.60 East sub branch
Shanghai Pudong Development Bank Co.Ltd(600000) Kunming 890700788019000187661064.21shan sub branch
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 “Annex: comparison table of the use of raised funds”.
(II) advance investment and replacement of raised investment projects
The company held the 10th meeting of the first board of directors and the 10th meeting of the first board of supervisors on September 16, 2020
At the sixth meeting, the proposal on using raised funds to replace self raised funds invested in pre raised projects and paid issuance expenses was deliberated and adopted. It was agreed that the amount of self raised funds invested in pre raised projects with raised funds was 962323468 yuan, and the amount of issuance expenses paid with raised funds was 409805727 yuan, A total of 1372129195 yuan of raised funds is used to replace the self raised funds invested in advance. Daxin Certified Public Accountants (special general partnership) issued the audit report of Kunshan Longteng North Electro-Optic Co.Ltd(600184) Co., Ltd. replacing the self raised funds invested in the pre raised projects and paid issuance expenses with raised funds (Daxin zhuanshen Zi [2020] No. 1500005) according to the use of the above self raised funds. The independent directors and the board of supervisors of the company respectively expressed their explicit consent to this. Sponsor
The agency expressed its consent to the replacement. As of December 31, 2020, the above-mentioned funds have been raised
The self raised funds invested in advance and paid issuance expenses have been implemented.
(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, on September 16, 2020, the company held the 10th meeting of the first board of directors and the 6th meeting of the first board of supervisors, deliberated and approved the proposal on the use of some temporarily idle raised funds for cash management, and agreed that the company should use the temporarily idle raised funds of no more than RMB 300 million for cash management, which is used for the purchase of high security, good liquidity Investment products with Principal Guaranteed agreements (including but not limited to structured deposits, call deposits, large certificates of deposit, time deposits, principal guaranteed financial products, etc.). Within the above limits, 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.
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.
During the reporting period, the company used idle raised funds for cash management as follows:
Unit: RMB
Entrusted bank product name amount Subscription Date maturity date expected income type is it called interest rate maturity
China China Construction Bank Corporation(601939) Co., Ltd. 7tiantong guaranteed principal and fixed assets
Kunshan Chengzhongzhi deposit Co., Ltd. 20000 China Vanke Co.Ltd(000002) 020 / 9 / 242021 / 3 / 29 1.755% fixed income is a sub branch
China China Construction Bank Corporation(601939) Co., Ltd. 7tiantong guaranteed principal and fixed assets
Kunshan Chengzhongzhi deposit Co., Ltd. 5000 China Vanke Co.Ltd(000002) 020 / 9 / 242021 / 4 / 28 1.755% fixed income is a sub branch
China China Construction Bank Corporation(601939) Co., Ltd. 7tiantong guaranteed principal and fixed assets
Kunshan Chengzhongzhi deposit Co., Ltd. 5000 China Vanke Co.Ltd(000002) 020 / 9 / 242021 / 5 / 24 1.755% fixed income is a sub branch
China China Construction Bank Corporation(601939) Co., Ltd. 7tiantong guaranteed principal and fixed assets
Kunshan Chengzhongzhi deposit Co., Ltd. 6000 China Vanke Co.Ltd(000002) 020 / 9 / 242021 / 6 / 30 1.755% fixed income is a sub branch
China China Construction Bank Corporation(601939) Co., Ltd. 7tiantong guaranteed principal and fixed assets
Kunshan Chengzhongzhi deposit Co., Ltd. 6000 China Vanke Co.Ltd(000002) 020 / 9 / 242021 / 7 / 16 1.755% fixed income is a sub branch
Entrusted bank product name amount Subscription Date maturity date expected income type is it called interest rate maturity
China China Construction Bank Corporation(601939) Co., Ltd. 7tiantong guaranteed principal and fixed assets
Kunshan Chengzhongzhi deposit Co., Ltd. 3000 China Vanke Co.Ltd(000002) 020 / 9 / 242021 / 7 / 20 1.755% fixed income is a sub branch
China China Everbright Bank Company Limited Co.Ltd(601818) Co., Ltd. qitiantong guaranteed principal and fixed assets
