Securities Announcement No.: – Nuode Investment Co.Ltd(600110)
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. In accordance with the provisions of the guidelines on the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies (CSRC announcement [2022] No. 15), the stock listing rules of Shanghai Stock Exchange, the guidelines on the self discipline supervision of listed companies of Shanghai Stock Exchange No. 1 – standardized operation and relevant format guidelines of the CSRC, The special report on the deposit and actual use of the raised funds of Nuode Investment Co.Ltd(600110) (hereinafter referred to as “the company”) in 2021 is described as follows:
1、 Basic information of raised funds
(I) actual amount of raised funds and arrival time
Approved by the reply on approving Nuode Investment Co.Ltd(600110) non-public Development Bank shares (zjxk [2020] No. 2579) of China Securities Regulatory Commission, the company issued 246956518 shares to specific objects in a non-public manner. The total amount of funds raised was 141999997850 yuan. After deducting the relevant issuance expenses of 2054429860 yuan (excluding tax), the actual net amount of funds raised was 139945567990 yuan. On November 26, 2020, Lixin Zhonglian Certified Public Accountants (special general partnership) verified the availability of funds raised by the company’s non-public offering of shares and issued the capital verification report “Lixin Zhonglian Yan Zi [2020] d-0040”. The company has opened a special account for the raised funds in accordance with the requirements.
(II) use and balance of raised funds
As of December 31, 2021, the company has invested a total of 90861990186 yuan in the fund-raising projects, of which the company has invested 0 yuan in the fund-raising projects with its own funds in advance before the fund-raising funds are in place. As of December 31, 2021, the balance of funds raised by the company was RMB 49491144612, with details as follows:
Project amount (RMB)
The total amount of raised funds is 141999997850
Less: issuance expenses (excluding tax amount) 2054429860
Net proceeds 139945567990
Less: 90861990186 yuan invested directly in projects invested with raised funds
Including: 66099994850 yuan invested in projects with raised funds in 2020
The amount of projects invested with raised funds in 2021 is 24761995336
Plus: interest income from raised funds plus income from financial products 407566808
Balance of raised funds of 49491144612 not used as of December 31, 2021
Including: deposit balance of special account for raised funds 19491144612
Use idle raised funds to temporarily supplement working capital amount of 30000000000
2、 Management of raised funds
(I) management of raised funds
In order to standardize the management of the company’s raised funds and effectively protect the rights and interests of investors, on November 27, 2020, the company The sponsor zhongtianguofu securities signed the tripartite supervision agreement on raising funds with Industrial And Commercial Bank Of China Limited(601398) Shenzhen Fuyong sub branch, Bank Of China Limited(601988) Xining Chengdong sub branch, Bank of Qinghai Co., Ltd. Chengdong sub branch, Agricultural Bank Of China Limited(601288) BOLUO County sub branch, Industrial Bank Co.Ltd(601166) Shenzhen Branch, Hua Xia Bank Co.Limited(600015) Shenzhen Qianhai branch respectively; On December 22, 2020, the company, Qinghai Electronic Material Industry Development Co., Ltd., the sponsor zhongtianguofu securities and Bank Of China Limited(601988) Xining Chengdong sub branch signed the tripartite supervision agreement for raised funds, and the company, Qinghai Nord, the sponsor zhongtianguofu securities and Qinghai Bank of China Co., Ltd. Chengdong sub branch and Bank Of China Limited(601988) Xining Chengdong sub branch signed the tripartite supervision agreement for raised funds respectively; On January 27, 2021, the company, Qinghai Nord new materials Co., Ltd., the sponsor zhongtianguofu securities and Industrial And Commercial Bank Of China Limited(601398) Shenzhen Fuyong sub branch signed the tripartite supervision agreement on raised funds. There is no significant difference between the contents of the above tripartite supervision agreement and the tripartite supervision agreement (model) for the storage of raised funds formulated by Shanghai Stock Exchange.
(II) storage of raised funds in special account
As of December 31, 2021, the storage of raised funds is listed as follows:
Balance of special account of account opening bank account of account opening unit (yuan)
Nord Investment Co., Ltd. China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. 400 Sichuan Crun Co.Ltd(002272) 920197062153453440 Shenzhen Fuyong sub branch
Nord Investment Co., Ltd. Qinghai Bank Co., Ltd. cheng030120100033759568556.68 East sub branch
Nord Investment Co., Ltd. China Agricultural Bank Of China Limited(601288) Co., Ltd. 442430010458313533.99 siboro County sub branch
Nord Investment Co., Ltd. Bank Of China Limited(601988) West 1050590619581516.06 Ningshi Chengdong sub branch
Nord Investment Co., Ltd. Industrial Bank Co.Ltd(601166) hou3381 Shanghai Kaytune Industrial Co.Ltd(301001) 001492279.58 Haihai sub branch
Nord Investment Co., Ltd. Hua Xia Bank Co.Limited(600015) Shenzhen 169500 China International Marine Containers (Group) Co.Ltd(000039) 349849.32 Shenzhen Qianhai branch
Qinghai Nord Xincai Bank of Qinghai Co., Ltd. cheng03012010003449763902057743 Material Co., Ltd. East sub branch
Qinghai Nord Xincai Bank Of China Limited(601988) West 1050594508099677809540 Material Co., Ltd. Ningshi Chengdong sub branch business department
Qinghai Nord new material China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. 400 Sichuan Crun Co.Ltd(002272) 92019934145849459100 Material Co., Ltd. Shenzhen Fuyong sub branch Qinghai electronic material Bank Of China Limited(601988) West
Industrial Development Co., Ltd. Ningshi Chengdong sub branch 10505945393522.26 company
Total – 19491144612
3、 Actual use of raised funds during the reporting period
(I) use of funds raised for the project
See the attached table “use of raised funds” for the fund use of the company’s investment projects with raised funds in 2021.
(II) advance investment and replacement of investment projects with raised funds
There was no advance investment and replacement of investment projects with raised funds in 2021.
(III) supplement of working capital with temporarily idle raised funds
On January 21, 2021, the company held the 34th meeting of the 9th board of directors and the 13th meeting of the 9th board of supervisors, deliberated and approved the proposal on using some idle raised funds to temporarily supplement working capital, and agreed that Qinghai Nord new materials Co., Ltd., a subsidiary of the company, would use the idle raised funds in the special account of raised funds to temporarily supplement working capital, The service life shall not exceed 12 months from the date of deliberation and approval by the board of directors of the company, and shall be returned to the special account for raised funds before expiration. The independent directors and the board of supervisors expressed their consent to the above matters, and the recommendation institution issued verification opinions. For details, please refer to the announcement of Nuode Investment Co.Ltd(600110) on temporarily replenishing working capital with some idle raised funds (Announcement No.: pro 2021007) disclosed by the company on the website of Shanghai Stock Exchange on January 22, 2021.
On January 13, 2022, the company issued the announcement of Nuode Investment Co.Ltd(600110) on returning idle raised funds for temporary replenishment of working capital (Announcement No.: pro 2022003). Qinghai Nord new materials Co., Ltd. has returned all the raised funds of 300 million yuan for temporary replenishment of working capital to the special account of raised funds, and the service life shall not exceed 12 months from the date of deliberation and approval by the board of directors.
As of December 31, 2021, the balance of idle raised funds used by the company to temporarily supplement working capital is RMB 30000000.
(IV) cash management and investment of idle raised funds in related products
On May 7, 2021, the company held the 39th meeting of the ninth board of directors and the 17th meeting of the ninth board of supervisors, deliberated and approved the proposal on using some idle raised funds for cash management, and agreed that the company and its holding subsidiaries would not affect the normal production and operation and the construction of investment projects with raised funds, The company and its holding subsidiaries use temporarily idle raised funds with a maximum amount of no more than RMB 400 million for cash management, and the service life is effective within 12 months from the date of deliberation and approval by the board of directors. Within the above quota and period, the funds can be used circularly and continuously. The independent directors and the board of supervisors expressed their consent to the above matters, and the recommendation institution issued verification opinions. For details, please refer to the announcement of Nuode Investment Co.Ltd(600110) on cash management with idle raised funds (Announcement No.: pro 2021042) disclosed on the website of Shanghai Stock Exchange on May 8, 2021.
On May 25, 2021, Qinghai Nord New Material Co., Ltd., a subsidiary of the company, signed an agreement on purchasing financial products with Bank Of China Limited(601988) and the company purchased Bank Of China Limited(601988) linked structured deposits with idle raised funds of 100 million yuan, with a product term of 92 days. For details, please refer to the announcement of Nuode Investment Co.Ltd(600110) on the progress of using some idle raised funds for financial management (Announcement No.: pro 2021050) disclosed by the company on the website of Shanghai Stock Exchange on May 28, 2021.
On August 27, 2021, the company redeemed the principal of the above financial products of 100 million yuan and obtained financial income of 86202740 yuan. The principal and income of the above financial management shall be returned to the raised funds account. For details, please refer to the announcement of Nuode Investment Co.Ltd(600110) on the due redemption of some idle raised funds for purchasing financial products (Announcement No.: pro 2021075) disclosed by the company on the website of Shanghai Stock Exchange on August 31, 2021.
(V) use of over raised funds
As of December 31, 2021, the company has no use of over raised funds.
(VI) use of surplus raised funds
As of December 31, 2021, the company has no use of surplus raised funds.
(VII) other information about the use of raised funds
4、 Changes in the use of raised funds
As of December 31, 2021, the company has not changed the use of funds for investment projects with raised funds.
5、 Problems in the use and disclosure of raised funds
The company uses the raised funds in accordance with the provisions and requirements of relevant laws, regulations and normative documents, and timely discloses the use of the raised funds. There are no violations in the use and management of the raised funds. 6、 Concluding opinions of the assurance report issued by the accounting firm on the deposit and use of the company’s annual raised funds
Dahua Certified Public Accountants (special general partnership) believes that the special report of Nuode Investment Co.Ltd(600110) raised funds is in accordance with the China Securities Regulatory Commission in all major aspects《
