China Industrial Securities Co.Ltd(601377)
About Jiangsu Bide Science And Technology Co.Ltd(605298)
Verification opinions on the deposit and use of raised funds in 2021
China Industrial Securities Co.Ltd(601377) (hereinafter referred to as " China Industrial Securities Co.Ltd(601377) " or "sponsor") as a sponsor of Jiangsu Bide Science And Technology Co.Ltd(605298) (hereinafter referred to as " Jiangsu Bide Science And Technology Co.Ltd(605298) " or "company") for initial public offering and listing of shares, in accordance with the measures for the administration of securities Issuance and listing sponsor business and the regulatory guidelines for listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies (revised in 2022) In accordance with the requirements of relevant laws, regulations and normative documents such as the Listing Rules of Shanghai Stock Exchange and the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 1 - standardized operation, a special verification was conducted on the deposit and use of raised funds in Jiangsu Bide Science And Technology Co.Ltd(605298) 2021. The verification results and opinions are as follows:
1、 Basic information of raised funds
1. Actual amount of raised funds and arrival time of funds
According to the reply on the approval of Jiangsu Bide Science And Technology Co.Ltd(605298) initial public offering (zjxk [2021] No. 24) issued by the China Securities Regulatory Commission, the company issued 27 million RMB ordinary shares (A shares) in the initial public offering, with a par value of RMB 1.00 per share, an issue price of RMB 15.99 per share, and a total raised capital of RMB 431.73 million. After deducting the issuance expenses of RMB 39.73 million, The net amount of funds raised was 392 million yuan. The above raised funds have been verified by Rongcheng Certified Public Accountants (special general partnership) and issued the capital verification report "Rongcheng Yan Zi [2021] No. 230z0036". The company has adopted a special account for the storage of raised funds in accordance with the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies and other relevant provisions, and signed a tripartite supervision agreement on the storage of raised funds with the sponsor and the bank supervising the special account for raised funds.
2. Use and balance of raised funds
As of December 31, 2021, the company has invested a total of 2 Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) million yuan in fund-raising projects. As of December 31, 2021, the total balance of the special account for fund-raising is 4.9682 million yuan. The details are as follows: unit: 10000 yuan
Project amount
Net proceeds 3920000
Project amount
Less: projects directly invested with raised funds 2 Beijing Beimo High-Tech Frictional Material Co.Ltd(002985)
Undue wealth management 1900000
Handling fee 0.06
Plus: interest income 327.79
Special account cancellation and transfer 1.06
The balance of the raised funds account is 496.82 yuan
2、 Management of raised funds
In accordance with relevant laws and regulations and the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies, and following the principles of standardization, safety, efficiency and transparency, the company has formulated the measures for the management of raised funds, which has made clear provisions on the storage, approval, use, management and supervision of raised funds, so as to ensure the standardized use of raised funds in the system.
In February 2021, in February 2021, the company and the sponsor China Industrial Securities Co.Ltd(601377) 122000087495) Open a special account for raising funds (Account No.: 78110122000087342) in Bank Of Ningbo Co.Ltd(002142) Jiangyin high tech Zone sub branch, a special account for raising funds (Account No.: 510902874610618) in China Merchants Bank Co.Ltd(600036) Jiangyin sub branch of Jiangsu Jiangyin rural commercial bank Yuecheng sub branch (Account No.: 018801070010396) Open a special account for raising funds (Account No.: 320501616166 Shenzhen Fountain Corporation(000005) 44) in China Construction Bank Corporation(601939) Jiangyin sub branch and a special account for raising funds (Account No.: 10640701040019027) in Agricultural Bank Of China Limited(601288) Jiangyin Yuecheng sub branch. There is no significant difference between the tripartite supervision agreement and the model tripartite supervision agreement of the stock exchange, and there is no problem in the performance of the tripartite supervision agreement. As of December 31, 2021, the storage of raised funds is as follows:
Unit: 10000 yuan
Bank name bank account balance
Bank Of Ningbo Co.Ltd(002142) Jiangyin high tech Zone sub branch 78110122000087495266.41
Bank Of Ningbo Co.Ltd(002142) Jiangyin high tech Zone sub branch 78110122000087342228.23
China Merchants Bank Co.Ltd(600036) Jiangyin sub branch 5109028746106182.18
Bank name bank account balance
Jiangsu Jiangyin rural commercial bank Yuecheng sub branch 018801070010396-
China Construction Bank Corporation(601939) Jiangyin sub branch 320501616166 Shenzhen Fountain Corporation(000005) 44-
Agricultural Bank Of China Limited(601288) Jiangyin Yuecheng sub branch 10640701040019027-
Total - 496.82
Note: as of December 31, 2021, the raised funds of Jiangsu Jiangyin rural commercial bank Yuecheng sub branch 018801070010396, China China Construction Bank Corporation(601939) Jiangyin sub branch 320501616166 Shenzhen Fountain Corporation(000005) 44 and Agricultural Bank Of China Limited(601288) Jiangyin Yuecheng sub branch 10640701040019027 accounts have been used up and cancelled.
3、 Actual use of raised funds
1. Actual use of raised funds
As of December 31, 2021, the raised funds actually invested by the company in relevant projects totaled RMB 2 Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) million. See attached table 1: comparison table of the use of raised funds for specific use. 2. Advance investment and replacement of raised investment projects
On April 2, 2021, the 14th meeting of the second board of directors and the 8th meeting of the second board of supervisors respectively deliberated and adopted the proposal on replacing self raised funds invested in advance with raised funds, and agreed that the company would use the raised funds of 779758 million yuan to replace self raised funds invested in projects invested in advance. The recommendation institution issued special verification opinions on the replacement of the raised funds, and the independent directors also expressed explicit consent to the matter.
On April 2, 2021, the 14th meeting of the second board of directors and the 8th meeting of the second board of supervisors respectively deliberated and approved the proposal on using commercial paper and Yunxin to pay the funds raised for investment projects and replace them with the same amount of the raised funds, and agreed that the company should use commercial paper and Yunxin to pay the funds raised for investment projects and replace them with the same amount of the raised funds during the implementation of the raised investment projects. The recommendation institution has issued special verification opinions on this, and the independent directors of the company have clearly agreed to this.
3. Use some idle raised funds for cash management and investment in related products
On April 2, 2021, the 14th meeting of the second board of directors and the 8th meeting of the second board of supervisors respectively deliberated and adopted the proposal on using part of the temporarily idle raised funds for cash management. The company plans to use an investment limit of no more than 200 million yuan (including 200 million yuan) for the purchase of high security, good liquidity Investment products with low risk level (including but not limited to financial products, structured deposits, call deposits, time deposits, large certificates of deposit, agreed deposits, income certificates, etc.), and such cash management products shall not be used for pledge or investment for the purpose of securities investment. The amount of funds can be used on a rolling basis (on the premise of ensuring the construction and use of the raised funds). The investment period is one year (including one year) from the date of deliberation and approval by the board of directors. The recommendation institution has issued special verification opinions on this, and the independent directors of the company have clearly agreed to this.
As of December 31, 2021, the amount of temporarily idle raised funds used for cash management was 190 million yuan.
4. Temporary replenishment of working capital with idle raised funds
In 2021, the company did not temporarily supplement working capital with idle raised funds.
5. Utilization of surplus raised funds
The investment project of the company's raised funds has not been completed, and there is no surplus raised funds.
6. Use of over raised funds
The company has no over raised funds.
7. Purpose and destination of unused raised funds
The unused raised funds of the company will be used according to the planned investment progress of the raised investment project and stored in a special account in accordance with the requirements of the tripartite supervision agreement on raised funds.
8. Other information about the use of raised funds
In addition to the above disclosed information, the company has no other use of raised funds in 2021.
4、 Change the use of funds for investment projects with raised funds
The company does not change the raised investment project or transfer or replace the raised investment project.
5、 Problems in the use and disclosure of raised funds
The company does not disclose the use of raised funds in a timely, true, accurate and complete manner, and there are no violations in the management of raised funds.
6、 Assurance opinions of Accountants on the special report on the storage and use of raised funds
Rongcheng Certified Public Accountants (special general partnership) reviewed the 2021 special report on the storage and use of raised funds prepared by the board of directors of the company and issued the verification report on the storage and use of raised funds (Rongcheng zhuanzi [2022] No. 100z0060). The accountant believes that the special report on the deposit and actual use of raised funds in Jiangsu Bide Science And Technology Co.Ltd(605298) 2021 is prepared in all major aspects in accordance with the above guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies and relevant regulations of the exchange, which fairly reflects the actual deposit and use of raised funds in Jiangsu Bide Science And Technology Co.Ltd(605298) 2021.
7、 Opinions of the sponsor
After verification, the recommendation institution believes that: Jiangsu Bide Science And Technology Co.Ltd(605298) the deposit and use of the raised funds in 2021 comply with the regulatory requirements for the management and use of the raised funds (revised in 2022), the Listing Rules of Shanghai Stock Exchange and the regulations and documents of self discipline supervision of listed companies on Shanghai stock exchange No. 1 - standardized operation, and the raised funds have been stored and used in a special account, There is no case of changing the purpose of the raised funds in a disguised form and damaging the interests of shareholders, and there is no case of illegal use of the raised funds.
Schedule 1:
Comparison table of use of raised funds in 2021
Unit: 10000 yuan
Total funds raised
