Hebei Huatong Wires And Cables Group Co.Ltd(605196) board of directors
The special explanation report on the deposit and use of raised funds in 2021 is in accordance with the regulatory guidelines for 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 the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 1 - standardized operation and the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 1 - announcement format, the company makes the following special report on the deposit and use of raised funds in 2021: I. Basic information of raised funds
With the approval of the reply on the approval of Hebei Huatong Wires And Cables Group Co.Ltd(605196) initial public offering of shares (zjxk [2021] No. 202) issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"), Hebei Huatong Wires And Cables Group Co.Ltd(605196) (hereinafter referred to as the "company" or "the company") issued 76 million RMB ordinary shares (A shares) to the society for the first time, with an issue price of RMB 5.05 per share, The total amount of raised funds is 38380000000 yuan. According to relevant regulations, after deducting various issuance expenses of 5613269239 yuan, the net amount of raised funds actually available is
32766730761 yuan. All the above funds were received on April 30, 2021, verified by Lixin Certified Public Accountants (special general partnership) and issued the capital verification report (Xin Kuai Shi Bao Zi [2021] No. zb10554). The company has implemented a special account storage system for the raised funds.
As of December 31, 2021, the company has used the raised funds of RMB 9413040000, and the balance of unused raised funds is RMB 23353690761. The balance of the raised funds account is 3654733374 yuan, and the difference with the balance of the unused raised funds is -19698957387 yuan. The reasons for the difference are: (1) 197500000000 yuan is used to temporarily supplement the working capital (2) 41265405 yuan of net interest income generated by the raised funds; (3) The outstanding issuance fee is 9777208 yuan. 2、 Management of raised funds
In order to standardize the management and use of the company's raised funds, improve the use efficiency of the raised funds, ensure the normal progress of the investment plan of the raised funds, and protect the rights and interests of investors, in accordance with the relevant provisions of the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of the raised funds of listed companies, the measures for the administration of the raised funds of listed companies of Shanghai Stock Exchange (revised in 2013), etc, The company has signed a multi-party fund-raising supervision agreement with the sponsor Dongxing Securities Corporation Limited(601198) and relevant commercial banks. The details are as follows:
On April 30, 2021, the company and Dongxing Securities Corporation Limited(601198) had a share interest in Bank Of Communications Co.Ltd(601328) respectively
Tangshan Branch of the Company Limited, Agricultural Bank Of China Limited(601288) Tangshan Shengli Road sub branch, Shanghai Pudong Development Bank Co.Ltd(600000) Shijiazhuang branch, Beijing Branch of Xiamen International Bank Co., Ltd., Yuhua sub branch of Bank of Tangshan Co., Ltd., China Merchants Bank Co.Ltd(600036) Tangshan Fengnan sub branch signed the tripartite supervision agreement on the storage of raised funds.
On December 27, 2021, the company and its subsidiary Xinda Kechuang (Tangshan) Petroleum Equipment Co., Ltd
(hereinafter referred to as "Cinda Kechuang") and Tangshan Huatong special cable manufacturing Co., Ltd. (hereinafter referred to as "Huatong special") signed the four party supervision agreement on raising funds with Dongxing Securities Corporation Limited(601198) , Shanghai Pudong Development Bank Co.Ltd(600000) Shijiazhuang branch respectively.
There is no significant difference between the above agreement and the tripartite supervision agreement (model) on the storage of raised funds in the special account specified in the measures for the administration of raised funds of listed companies of Shanghai Stock Exchange (revised in 2013), and the company has strictly performed the above agreement.
As of December 31, 2021, the opening and balance of the company's special account for raised funds are as follows:
S / N: fund purpose balance of the bank account number of the deposit bank of the entity (yuan)
Hebei Hebei Huatong Wires And Cables Group Co.Ltd(605196) Bank Of Communications Co.Ltd(601328) Tangshan West 132 research and development 40 development 00 center 00 01 construction 3 and supplement working capital
1 Group Co., Ltd. Chengcheng sub branch 03583603474281
company
Hebei Hebei Huatong Wires And Cables Group Co.Ltd(605196) Xiamen International Bank shares special for new aluminum alloy composite and data center
801 distribution 51 power 00 cable 00, 0 submersible for offshore and onshore oil and gas engineering
2 Group Co., Ltd. Beijing 62562591102 Branch Chaoyang sub branch pump cable, continuous pipe and intelligent pipe cable project
Hebei Hebei Huatong Wires And Cables Group Co.Ltd(605196) Tangshan bank Yuhua Branch new aluminum alloy composite and data center
053 distribution 60 electricity 01 electricity 50 cable 00, 3 submarine oil for sea and land oil and gas engineering
3. Pump cable, continuous pipe and intelligent pipe cable project of Group Co., Ltd. 8041713295.43
Hebei Hebei Huatong Wires And Cables Group Co.Ltd(605196) China Agricultural Bank Of China Limited(601288) shares special for new aluminum alloy composite and data center
507 distribution 56 power 00 power 10 cable 40, 0 submersible oil for offshore and onshore oil and gas engineering
4 Group Co., Ltd. Tangshan 368853700.55 Fuxing Road sub branch pump cable, continuous pipe and intelligent pipe cable project
Hebei Hebei Huatong Wires And Cables Group Co.Ltd(605196) China Merchants Bank Co.Ltd(600036) Co., Ltd. has a special purpose for new aluminum alloy composite and data center
311 distribution 90 power 00 power 28 cable 81, 0 submersible for offshore and onshore oil and gas engineering
5 Group Co., Ltd. Tangshan Fengnan 8081217044 company sub branch pump cable, continuous pipe and intelligent pipe cable project
Hebei Hebei Huatong Wires And Cables Group Co.Ltd(605196) Shanghai Pudong Development Bank new aluminum alloy composite and data center
160 distribution 10 power 07 power 88 cable 01, 2 submarine oil for sea and land oil and gas engineering
6 Group Co., Ltd. 0000186692253.00 Tangshan Branch pump cable, continuous pipe and intelligent pipe cable project
Xinda Kechuang (Tang) Shanghai Pudong Development Bank new aluminum alloy composite and data center
160 distribution 10 power 07 power 88 cable 01, 0 submersible for offshore and onshore oil and gas engineering
7) Petroleum Equipment Co., Ltd. Shenzhen Zhongheng Huafa Co.Ltd(000020) 92365,20.49
Tangshan Branch pump cable, continuous pipe and intelligent pipe cable project of Co., Ltd
Tangshan Huatong special Shanghai Pudong Development Bank new aluminum alloy composite and special for data center
160 distribution 10 power 07 power 88 cable 01, 1 submersible for sea and land oil and gas engineering
8 Cable Manufacturing Co., Ltd. Shenzhen Zhongheng Huafa Co.Ltd(000020) 91 - pump cable, continuous pipe and intelligent pipe cable project of Tangshan Branch
S / N: fund purpose balance of the bank account number of the deposit bank of the entity (yuan)
Total 3654733.74
3、 Actual use of raised funds in this year (I) use of funds for investment projects with raised funds (hereinafter referred to as "raised investment projects")
In 2021, the company actually used 941304 million yuan of raised funds. As of December 31, 2021, the company has used 941304 million yuan of raised funds in total. For details, see (Schedule 1)
Comparison table of use of raised funds.
（2） Advance investment and replacement of raised investment projects
On June 7, 2021, the 29th meeting of the second board of directors and the 15th meeting of the second board of supervisors deliberated and adopted the proposal on replacing self raised funds with raised funds, agreed that the company should use raised funds to replace self raised funds with paid issuance fees, and completed the replacement of 7.5047 million yuan on June 9, 2021. The replacement of the above raised funds has been verified by Lixin Certified Public Accountants (special general partnership) and issued the special verification report on the replacement of Hebei Huatong Wires And Cables Group Co.Ltd(605196) raised funds (xksbz [2021] No. zb11206).
On October 27, 2021, the company held the sixth meeting of the third board of directors, reviewed and approved the proposal on replacing self raised funds invested in projects with raised funds in advance, agreed to use raised funds to replace self raised funds invested in projects with raised funds in advance, and completed the replacement of RMB 152299 million on October 28, 2021. The replacement of the above raised funds has been verified by Lixin Certified Public Accountants (special general partnership) and issued the special audit report on the replacement of Hebei Huatong Wires And Cables Group Co.Ltd(605196) raised funds (xksbz [2021] No. zb1466).
On December 27, 2021, the company held the ninth meeting of the third board of directors and the eighth meeting of the third board of supervisors respectively, deliberated and adopted the proposal on using self owned funds to pay the funds required for raised investment projects and replacing them with raised funds in equal amount, and agreed to use self owned funds to pay part of the funds required for raised investment projects during the implementation of raised investment projects (hereinafter referred to as "raised investment projects"), In the follow-up, the same amount of funds will be transferred from the special account of raised funds to the basic deposit account of the subsidiary on a regular basis. This part of the same amount of replacement funds is regarded as the use of funds for raised investment projects. As of December 31, 2021, the company has used the self owned funds in the early stage of raised funds replacement to pay the issuance expenses, and the total amount of advance investment in raised funds investment projects is 227346 million yuan. The board of supervisors and independent directors of the company have expressed clear consent to this, and the recommendation institution has also issued verification opinions on this matter.
（3） Temporary replenishment of working capital with idle raised funds
On May 17, 2021, the company held the 28th meeting of the second board of directors and the 14th meeting of the second board of supervisors on the same day, which deliberated and adopted the proposal on using some idle raised funds to temporarily supplement working capital. The meeting approved the company to use the idle raised funds of 100 million yuan (including 100 million yuan) to temporarily supplement the working capital, and the use period is from the date of approval by the board of directors to December 31, 2021. The amount of working capital temporarily supplemented by idle raised funds actually used this time is 100 million yuan. On June 11, 2021, the company held the 30th meeting of the second board of directors
