Guosen Securities Co.Ltd(002736)
About Ningbo Color Master Batch Co.Ltd(301019)
Verification opinions on the deposit and use of raised funds in 2021
In accordance with the measures for the administration of securities issuance and listing recommendation business, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies, the Listing Rules of GEM stocks of Shenzhen Stock Exchange, the guidelines for the self discipline supervision of listed companies of Shenzhen stock exchange No. 2 – standardized operation of GEM listed companies and other relevant provisions, As the sponsor of Ningbo Color Master Batch Co.Ltd(301019) (hereinafter referred to as ” Ningbo Color Master Batch Co.Ltd(301019) ” or “the company”) for the initial public offering of shares and listing on the gem of Shenzhen Stock Exchange, Guosen Securities Co.Ltd(002736) Co., Ltd. (hereinafter referred to as ” Guosen Securities Co.Ltd(002736) ” or “the sponsor”) carefully and prudently verified the deposit and use of the raised funds of the company in 2021. The details of verification are as follows:
1、 Basic information of raised funds
(I) actual amount of raised funds and availability of funds
With the approval of registration of Ningbo Color Master Batch Co.Ltd(301019) initial public offering (zjxk [2021] No. 1866) issued by China Securities Regulatory Commission, Ningbo Color Master Batch Co.Ltd(301019) grain Co., Ltd. issued 20 million ordinary shares (A shares) in RMB for the first time, with a face value of RMB 1.00 per share, an issue price of RMB 28.94 per share and a total raised capital of RMB 578.8 million, After deducting the issuance expenses of 682504 million yuan, the net amount of raised funds was 5105496 million yuan. Lixin Certified Public Accountants (special general partnership) (hereinafter referred to as “Lixin certified public accountants”) has verified the capital availability of the company’s initial public offering of shares on June 24, 2021, and issued the capital verification report (Xin Kuai Shi Bao Zi [2021] No. zf10771). After its verification, all the above raised funds have been in place as of June 23, 2021.
The raised funds have been remitted to the special account for raised funds opened by the company. The details are as follows:
Unit: 10000 yuan
Account name account no. of opening bank balance of raised funds
Ningbo Color Master Batch Co.Ltd(301019) grain Co., Ltd. Shanghai Pudong Development Bank has an annual output of 20000 tons of medium and high-end products
941700788014 Shenzhen Cereals Holdings Co.Ltd(000019) 21 Color Masterbatch project 2342788 special account for raised funds of the company Ningbo Yinzhou sub branch
Ningbo Color Master Batch Co.Ltd(301019) granule Co., Ltd. Bank Of Hangzhou Co.Ltd(600926) Co., Ltd. 33020401 China World Trade Center Co.Ltd(600007) 72864 over raised funds project 1155475 special account for raised funds of the company Ningbo Branch
Ningbo Color Master Batch Co.Ltd(301019) granule Co., Ltd. China Agricultural Bank Of China Limited(601288) Co., Ltd. has an annual output of 10000 tons of medium and high-end products
Ningbo Yinzhou Co., Ltd. 394020010400374449456.37 special account for raising funds of Color Masterbatch Zhongshan expansion project
Account name account no. of opening bank balance of raised funds
Branch account
Ningbo Color Master Batch Co.Ltd(301019) granule Co., Ltd. Bank Of Hangzhou Co.Ltd(600926) Co., Ltd. 33020401 China World Trade Center Co.Ltd(600007) 72823 supplementary working capital project 520000 special account for raised funds of the company Ningbo Branch
Ningbo Color Master Batch Co.Ltd(301019) granule Co., Ltd. Bank Of Ningbo Co.Ltd(002142) Co., Ltd. 3 Jiangsu Yangdian Science & Technology Co.Ltd(301012) 2 Anhui Ankai Automobile Co.Ltd(000868) 184 R & D center upgrading project 390000 special account for raised funds of the company Mingzhou sub branch
Total 539.00
(II) balance of raised funds
As of December 31, 2021, the balance of funds raised by the company’s initial public offering is as follows:
Unit: 10000 yuan
Project amount
Amount of raised funds 539.00
Less: used amount in 2021: 1189755
Including: 211302 paid for issuance fee
Supplementary working capital 792000
The investment of raised investment projects is 186454 yuan
Including: replacement of raised funds 113178
Add: total revenue in 2021255.56
Including: the amount of structural deposit income in 2021 was 73.75
Interest amount of call deposit in 2021: 150.49
The interest of current deposit in the special account for raised funds deducting the handling fee of 31.32
The balance of raised funds on December 31, 2021 was 4189701
Less: idle raised funds used to purchase structural deposits 1300000
Idle raised funds are used to purchase 7-day notice deposits of 2847841
The balance of raised funds not used at the end of the period was 418.60
2、 Deposit and management of raised funds
(I) management of raised funds
In order to strengthen and standardize the management and use of raised funds and protect the rights and interests of small and medium-sized investors, the company has formulated the special management system of raised funds in accordance with the provisions and requirements of the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies, the Listing Rules of GEM stocks of Shenzhen Stock Exchange and the actual situation of the company, According to the special management system for raised funds, the company adopts a special account for the storage of raised funds, so as to facilitate the management and use of raised funds and supervise their use, so as to ensure that the special funds are used for special purposes.
(II) signing of tripartite supervision agreement for raised funds
In July 2021, the company, the sponsor Guosen Securities Co.Ltd(002736) and Agricultural Bank Of China Limited(601288) Ningbo Yinzhou Branch, Shanghai Pudong Development Bank Ningbo Yinzhou Branch, Bank Of Ningbo Co.Ltd(002142) Mingzhou branch, Bank Of Hangzhou Co.Ltd(600926) Ningbo Branch signed the tripartite supervision agreement on raised funds respectively, which defined the rights and obligations of all parties. The company deposited and used the raised funds in strict accordance with the tripartite supervision agreement on raised funds to ensure that the special funds were used for special purposes. There is no significant difference between the above agreement and the tripartite supervision agreement for raised funds (model) of Shenzhen Stock Exchange, and there is no problem in the performance of the tripartite supervision agreement.
(III) deposit of raised funds
As of December 31, 2021, the balance of funds raised by the company’s initial public offering is as follows: unit: 10000 yuan
Bank name account number account type balance storage method
Bank Of Hangzhou Co.Ltd(600926) Ningbo Branch 33020401 China World Trade Center Co.Ltd(600007) 72864 special account for raised funds 231.66 current account
Bank Of Ningbo Co.Ltd(002142) Mingzhou sub branch 3 Jiangsu Yangdian Science & Technology Co.Ltd(301012) 2 Anhui Ankai Automobile Co.Ltd(000868) 184 special account for raised funds 116.01 current account
Agricultural Bank Of China Limited(601288) Ningbo 39402001040037444 special account for raised funds 51.07 current Yinzhou Branch
Shanghai Pudong Development Bank Ningbo Yinzhou sub branch 941700788014 Shenzhen Cereals Holdings Co.Ltd(000019) 21 special account for raised funds 17.78 current account
Bank Of Hangzhou Co.Ltd(600926) Ningbo Branch 33020401 China World Trade Center Co.Ltd(600007) 72823 special account for raised funds 2.08 current account
Total 418.60
3、 Use of raised funds in 2021
(I) actual use of raised funds
Refer to the attached table for the actual use of the raised funds of RMB 202984 million in the year.
(II) changes in the place and mode of implementation of the project invested with raised funds
In 2021, the company did not change the implementation location and implementation mode of the projects invested with raised funds.
(III) advance investment and replacement of investment projects with raised funds
The 12th meeting of the first board of directors and the 9th meeting of the first board of supervisors held on August 26, 2021 respectively considered and approved the proposal on replacing the self raised funds of the pre invested projects with the raised funds, and agreed that the company use the raised funds to replace the self raised funds of the pre invested projects with the raised funds of 113178 million yuan. Lixin office carried out special verification on the company’s pre invested projects with self raised funds, and issued the assurance report on Ningbo Color Master Batch Co.Ltd(301019) replacing self raised funds with raised funds for pre invested projects (Xin Kuai Shi Bao Zi [2021] No. zf10847).
(IV) temporary replenishment of working capital with idle raised funds
In 2021, the company did not temporarily supplement working capital with idle raised funds.
(V) use of surplus raised funds
In 2021, the company did not use the surplus funds of raised funds investment projects for other raised funds investment projects or non raised funds investment projects.
(VI) use of over raised funds
The eleventh meeting of the first board of directors and the eighth meeting of the first board of supervisors held on July 23, 2021 and the second extraordinary general meeting of shareholders held on August 10, 2021 deliberated and approved the proposal on using part of the over raised funds to permanently supplement working capital, and agreed that the company should use the over raised funds of RMB 27.2 million to permanently supplement working capital. After deducting 27.2 million yuan from the amount of over raised funds for permanent replenishment of working capital, the balance is 635071 million yuan.
(VII) purpose and destination of unused raised funds
The eleventh meeting of the first board of directors and the eighth meeting of the first board of supervisors held on July 23, 2021 and the second extraordinary general meeting of shareholders held on August 10, 2021 considered and adopted the
