Minsheng Securities Co., Ltd
About Primeton Information Technologies Inc(688118)
Special verification report on the deposit and actual use of raised funds in 2021
Minsheng Securities Co., Ltd. (hereinafter referred to as "Minsheng securities" or "sponsor") as a sponsor of Primeton Information Technologies Inc(688118) (hereinafter referred to as " Primeton Information Technologies Inc(688118) " and "company") for initial public offering of shares and listing on the science and innovation board, in accordance with the measures for the administration of securities issuance and listing sponsor business and the rules for the listing of shares on the science and Innovation Board of Shanghai Stock Exchange 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 raised funds by listed companies and the guidelines for the self discipline supervision of listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation, the deposit and actual use of raised funds in Primeton Information Technologies Inc(688118) 2021 were carefully verified. The verification results are as follows: I. Basic information of raised funds
(I) actual amount of raised funds and availability of funds
According to the reply on Approving the registration of Primeton Information Technologies Inc(688118) initial public offering issued by China Securities Regulatory Commission on October 28, 2019 (zjxk [2019] No. 2016), Primeton Information Technologies Inc(688118) (hereinafter referred to as "the company" or " Primeton Information Technologies Inc(688118) ") was approved to publicly issue 23850000 ordinary shares, with an issue price of 26.90 yuan per share and a total amount of actually raised funds of 64156500000 yuan, After deducting the issuance expenses of RMB 5701446168, the actual net amount of raised funds was RMB 58455053832. The above raised funds were fully paid on November 28, 2019 and verified by the capital verification report "Zhong Hui Zi (2019) No. 7340" issued by Zhonghua Certified Public Accountants (special general partnership) on November 28, 2019.
(II) use and balance of raised funds in 2021
The actual use of raised funds in 2021 was 701177 million yuan, and the net amount of financial management income and bank deposit interest received in 2021 after deducting bank handling charges was 115814 million yuan; As of December 31, 2021, the accumulated used raised funds were 243015200 yuan, and the accumulated net amount of wealth management income and bank deposit interest minus bank handling charges was 268284 million yuan. As of December 31, 2021, the balance of raised funds was 378736400 yuan.
The use and balance of raised funds are as follows:
Project amount (10000 yuan)
The total amount of raised funds actually received is 5949232
Less: 327343 yuan of pre invested funds replaced by raised funds
Less: expenditure amount of raised investment project 1254309
Less: issuance related expenses 985.00
Less: 750000 yuan of permanent replenishment of working capital with over raised funds
Less: Bank structured deposits not yet due-
Plus: net interest income of raised funds deducting handling charges 268284
As of December 31, 2021, the balance of raised funds was 3787364
2、 Management of raised funds
(I) management of raised funds
In order to regulate the management and use of the company's raised funds and protect the rights and interests of investors, in accordance with the relevant provisions of the company's raised funds use system and other laws and regulations, such as the China Securities Regulatory Commission's guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies, the Shanghai Stock Exchange's self regulatory guidelines for listed companies on the science and Innovation Board No. 1 - standardized operation, The company signed the tripartite supervision agreement on raised funds with the sponsor Minsheng Securities Co., Ltd. and the commercial bank China Merchants Bank Co.Ltd(600036) Shanghai Branch Zhangjiang sub branch, which has a special account for the raised funds, to clarify the rights and obligations of all parties. The company deposited, used and managed the raised funds in strict accordance with the tripartite supervision agreement on raised funds and relevant laws and regulations, and performed relevant obligations. There were no violations of laws and regulations, and the company has strictly complied with the use of the raised funds.
(II) storage of raised funds in special account
As of December 31, 2021, the deposit of funds raised by the company's initial public offering in the special bank account is as follows:
Unit: 10000 yuan
Initial deposit amount in bank account of deposit bank balance as of December 31, 2021 [Note 1]
China Merchants Bank Co.Ltd(600036) Shanghai Branch Zhangjiang sub branch 12190910821090759492323787364
Total 59492323787364
Note 1: the initial deposit amount is the balance of the raised fund of 641565 million yuan after deducting the underwriting and recommendation fee of 466418 million yuan (including tax) of Minsheng Securities Co., Ltd.
3、 Actual use of raised funds this year
(I) comparison table of use of raised funds
As of December 31, 2021, the comparison table of the use of raised funds is shown in Annex 1.
(II) early investment and replacement of raised investment projects
The company held the 7th Meeting of the 3rd board of directors on December 12, 2019, deliberated and approved the proposal on using raised funds to replace self raised funds invested in advance, and agreed to use raised funds to replace self raised funds invested in investment projects with 293184 million yuan, and use raised funds to replace pre paid Issuance fees with 3.4159 million yuan. Zhonghua Certified Public Accountants (special general partnership) issued the verification report of Primeton Information Technologies Inc(688118) using self raised funds to invest in projects with raised funds in advance (Zhong Hui Zi (2019) No. 7551). Minsheng Securities Co., Ltd. issued the verification opinions of Minsheng Securities Co., Ltd. on Primeton Information Technologies Inc(688118) using the raised funds to replace the self raised funds of the pre invested projects.
During the reporting period, the company did not invest in the replacement raised investment project in advance.
(III) temporary replenishment of working capital with idle raised funds
During the reporting period, the company did not temporarily supplement working capital with idle raised funds.
(IV) permanent replenishment of working capital or repayment of bank loans with over raised funds
The total amount of over raised funds of the company is 2502632 million yuan. On April 22, 2020, the company held the 8th meeting of the 3rd board of directors and the 7th Meeting of the 3rd board of supervisors, deliberated and approved the proposal on using part of the over raised funds to permanently supplement the working capital, and agreed that the company would use part of the over raised funds to permanently supplement the working capital with an amount of 75 million yuan on the premise of ensuring the capital demand for the construction of the investment projects with raised funds and the normal progress of the projects with raised funds, The proportion in the total amount of over raised funds shall not exceed 30.00%, which shall be used for production and operation related to the main business. The permanent replenishment of working capital with over raised funds this time will not affect the capital demand of the project construction invested by the raised funds. No high-risk investment or financial assistance will be provided to others within 12 months after the replenishment of working capital. The independent directors of the company expressed their independent opinions with explicit consent, and the company's sponsor Minsheng Securities Co., Ltd. also issued a verification opinion without objection. As of December 31, 2021, the company has used 75 million yuan of over raised funds to permanently supplement working capital.
During the reporting period, the company did not permanently supplement working capital or repay bank loans with over raised funds. (V) cash management with idle raised funds
On December 10, 2021, the company held the fifth meeting of the Fourth Board of directors and the fourth meeting of the Fourth Board of supervisors, deliberated and passed relevant proposals, and agreed to use the temporarily idle raised funds of no more than RMB 380 million (including this amount) to carry out cash management under the condition of ensuring that the progress of the investment projects invested by the raised funds, the normal production and operation of the company and the safety of funds are not affected. The independent directors of the company expressed their independent opinions with explicit consent.
As of December 31, 2021, the balance of cash management products purchased by the company with temporarily idle raised funds is zero yuan.
(VI) other information about the use of raised funds
On April 21, 2021, the company held the 18th meeting of the third board of directors and the 15th meeting of the third board of supervisors, deliberated and adopted the proposal on the extension of raised investment projects, comprehensively considered the implementation progress of current raised investment projects and other factors, and agreed to extend the raised investment projects to September 2022. This extension does not change the content, investment purpose, total investment and implementation subject of the raised investment project. The independent directors of the company expressed their independent opinions with explicit consent, and the company's sponsor Minsheng Securities Co., Ltd. also issued a verification opinion without objection. 4、 Change the use of funds of raised investment projects
As of December 31, 2021, there was no change in the company's raised investment projects, nor was there any external transfer or replacement of raised investment projects. 5、 Problems in the use and disclosure of raised funds
The company has timely, truly, accurately and completely disclosed the deposit and actual use of the company's raised funds in accordance with the provisions of relevant laws and regulations such as the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies and the guidelines for the self discipline supervision of listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation, and there are no violations in the management of raised funds. The company has faithfully fulfilled its obligation to disclose the investment direction and progress of the raised funds, and there are no major problems in the use and disclosure 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
After verification, Zhonghua Certified Public Accountants (special general partnership) believes that: Primeton Information Technologies Inc(688118) the special report is prepared in all major aspects 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, the guidelines for the self-discipline supervision of listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation and relevant format guidelines, It reflects the deposit and actual use of raised funds of Primeton Information Technologies Inc(688118) as of December 31, 2021. 7、 Verification opinions of the recommendation institution
After verification, the recommendation institution believes that: Primeton Information Technologies Inc(688118) 2021 year raised funds are deposited and used in accordance with the provisions of regulations and documents such as the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies and the guidelines for the self discipline supervision of listed companies on the science and Innovation Board of Shanghai Stock Exchange No. 1 - standardized operation, and the raised funds are deposited and used in a special account, The specific use of the raised funds is consistent with the disclosed situation. 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. The recommendation institution has no objection to the deposit and use of the raised funds in Primeton Information Technologies Inc(688118) 2021.
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Annex 1:
Comparison table of use of raised funds
Prepared by: Primeton Information Technologies Inc(688118) deadline: December 31, 2021 unit: RMB 10000
Total raised funds: 5845505 total raised funds invested in this year: 700764
Total amount of raised funds with changed purposes:-
Accumulated total amount of raised funds invested: 2297492 proportion of total funds raised for changed purposes:-
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