Mango Excellent Media Co.Ltd(300413)
Special report on the deposit and use of raised funds in 2021
1、 Basic information of raised funds
(I) actual amount of raised funds and receipt of funds
1. Availability of supporting funds raised
Mango Excellent Media Co.Ltd(300413) (hereinafter referred to as “the company”) approved by the reply on approving happy shopping Co., Ltd. to issue shares to mango Media Co., Ltd. to purchase assets and raise supporting funds (zjxk [2018] No. 999) of China Securities Regulatory Commission, 57257371 shares were issued by non-public offering at an issue price of 34.93 yuan / share, and the total amount of supporting funds raised was 199999996903 yuan, After deducting the underwriting fee, lawyer’s fee, capital verification and other expenses (excluding tax) of RMB 1729929941, the net amount of raised funds is RMB 198270066962. All the above raised funds were received on May 21, 2019, verified by Tianjian Certified Public Accountants (special general partnership) and issued a capital verification report (tjy [2019] No. 2-16).
2. Availability of funds raised by issuing shares to specific objects
The company issued 90343304 A-share shares to specific objects with the approval of the reply on approving Mango Excellent Media Co.Ltd(300413) the registration of issuing shares to specific objects (zjxk [2021] No. 2105) issued by China Securities Regulatory Commission. The issuing price was 49.81 yuan / share, the total amount of raised funds was 44999997224 yuan, and the issuance expenses (excluding value-added tax) was 1420787104 yuan, The net amount of raised funds is 448579210120 yuan. All the above raised funds were received on August 9, 2021, verified by Tianjian Certified Public Accountants (special general partnership) and issued a capital verification report (tjy [2021] No. 2-29).
(II) use of raised funds and ending balance
1. Use of raised matching funds and ending balance
The amount of raised funds used during the reporting period was 417644 million yuan. As of December 31, 2021, the accumulated amount of raised funds used was 9882745 million yuan, and the balance of the special account for raised funds was 10602211 million yuan (including 9944262 million yuan of principal and 657949 million yuan of interest). 2. Use of funds raised by issuing shares to specific objects and ending balance
The amount of raised funds used during the reporting period was 1087276500 yuan. As of December 31, 2021, the accumulated amount of raised funds used was 1087276500 yuan, the current balance of the special account for raised funds was 116449900 yuan (including 1138515600 yuan of principal and 25983400 yuan of interest), and the temporarily idle raised funds purchased 2260 million yuan of cash management products. 2、 Deposit and 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, the company, in accordance with the company law of the people’s Republic of China, the guidelines for self-discipline supervision of listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on the gem, the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies and other relevant provisions of the CSRC, and in combination with the actual situation of the company, The company formulated the management measures for raised funds (revised on January 8, 2019). According to the above management measures, the company implements special account management for the raised funds.
1. Management of raised supporting funds
Upon deliberation and approval of the 22nd Meeting of the 3rd board of directors, the company and the independent financial consultant China International Capital Corporation Limited(601995) (hereinafter referred to as ” China International Capital Corporation Limited(601995) “), Caixin Securities Co., Ltd. (hereinafter referred to as “Caixin securities”) signed the four party supervision agreement on the storage of raised funds special account with China Merchants Bank Co.Ltd(600036) Changsha branch and China Construction Bank Corporation(601939) Hunan branch business department on June 20, 2019 to fulfill the supervision of the storage, management and management of raised funds Use, management and other responsibilities. There is no significant difference between the regulatory agreement and the model regulatory agreement of Shenzhen Stock Exchange, and the performance of the regulatory agreement complies with relevant regulations. The specific information of the special account for raised funds is as follows:
Bank name bank account number
China Merchants Bank Co.Ltd(600036) Changsha radio and television sub branch account No.: 731902111510205
China Construction Bank Corporation(601939) Changsha new century sub branch account No.: 430501863736 China Vanke Co.Ltd(000002) 10
The proposal on using the raised funds to increase the capital of the project implementation subsidiary was deliberated and adopted at the 23rd Meeting of the third board of directors of the company, and it was agreed that the company would allocate 198391181391 yuan of the balance of the raised funds (including interest) as of June 30, 2019 to Hunan happy sunshine interactive entertainment media Co., Ltd. (hereinafter referred to as “happy sunshine”) in a one-time manner, It is used to implement the construction of “Mango TV copyright library expansion project” and “Mango TV cloud storage and multi screen broadcasting platform project”. On July 11, 2019, the company and happy sunshine, the implementation subsidiary of the raised investment project, signed a four party supervision agreement on raised funds with the deposit bank of raised funds, independent financial consultant China International Capital Corporation Limited(601995) , and Caixin securities. There is no significant difference between the regulatory agreement and the model regulatory agreement of Shenzhen Stock Exchange, and the performance of the regulatory agreement complies with relevant regulations. The specific information of the special account for raising funds of happy sunshine is as follows:
Bank name bank account number
Bank Of Changsha Co.Ltd(601577) Dianguang sub branch account No.: 81 Csg Holding Co.Ltd(000012) 7690 Ping An Bank Co.Ltd(000001)
Huarong Xiangjiang bank Xiangjiang New Area Branch Account No.: 790103090 Himile Mechanical Science And Technology (Shandong) Co.Ltd(002595) 5
2. Management of funds raised by issuing shares to specific objects
Upon deliberation and approval at the second meeting of the Fourth Board of directors, the company signed the tripartite supervision agreement on raised funds with the deposit bank of raised funds and the sponsor China International Capital Corporation Limited(601995) on August 16, 2021. There is no significant difference between the regulatory agreement and the model regulatory agreement of Shenzhen Stock Exchange, and the performance of the regulatory agreement complies with relevant regulations. The fund raising account of the company is shown in the following table:
Bank name bank account number
China Merchants Bank Co.Ltd(600036) Changsha Branch Account No.: 731902111510509
China Construction Bank Corporation(601939) Changsha Branch Account No.: 430501863736 Shenzhen Quanxinhao Co.Ltd(000007) 26
On September 10, 2021, after deliberation and approval of the fourth meeting of the Fourth Board of directors of the company, the proposal on using the raised funds to increase the capital of the implementation subsidiary of the raised investment project agreed to allocate the net raised funds of 448579210120 yuan after deducting the issuance expenses (excluding tax) to happy sunshine, the implementation subsidiary of the raised investment project, in the form of capital increase, and all of them were included in the capital reserve, It is used to implement “content resource library expansion project” and “Mango TV smart audio-visual media service platform project”.
On September 10, 2021, the company and the implementation subsidiary of the raised investment project happy sunshine signed the tripartite supervision agreement on raised funds with the deposit bank of raised funds and the sponsor China International Capital Corporation Limited(601995) of raised funds. There is no significant difference between the regulatory agreement and the model regulatory agreement of Shenzhen Stock Exchange, and the performance of the regulatory agreement complies with relevant regulations. The fund raising account of happy sunshine is shown in the following table:
Bank name bank account number
China Merchants Bank Co.Ltd(600036) Changsha radio and television sub branch account No.: 731903720710111
Industrial Bank Co.Ltd(601166) Changsha Furong Tongfa sub branch account No.: 368140100104040107
Huarong Xiangjiang bank Xiangjiang New Area branch business department account No.: 79010302 Ping An Bank Co.Ltd(000001) 676
Bank Of Changsha Co.Ltd(601577) dianguang sub branch account No.: 81 Shenzhen Special Economic Zone Real Estate&Properties (Group).Co.Ltd(000029) 0927 Ping An Bank Co.Ltd(000001)
(II) deposit of raised funds
1. Deposit of raised matching funds in special account
As of December 31, 2021, the current deposit balance of the raised matching funds deposited in each account is as follows:
Unit: Yuan
Bank account type of raised funds account item name closing date balance
China Merchants Bank Co.Ltd(600036) Changsha radio and television branch current deposit mango TV copyright library expansion project line 161068894
Bank Of Changsha Co.Ltd(601577) Dianguang sub branch current deposit mango TV copyright library expansion project 67126681153
China Construction Bank Corporation(601939) Changsha new century demand deposit mango TV cloud storage and multicast 100610337 sub branch exit platform project
Huarong Xiangjiang bank Xiangjiang new demand deposit mango TV cloud storage and multi screen broadcasting 38633746014 District branch out platform project
Total 106022106398
2. Deposit of funds raised by issuing shares to specific objects in the special account
As of December 31, 2021, the current deposit balance of the funds raised by issuing shares to specific objects deposited in each account is as follows:
Unit: Yuan
Bank account type of raised funds account item name closing balance [note]
China Merchants Bank Co.Ltd(600036) Changsha branch current deposit content resource bank expansion project 803739958
China Construction Bank Corporation(601939) Changsha branch current deposit mango TV smart audio-visual media service 80583864 service platform project
China Merchants Bank Co.Ltd(600036) Changsha radio and television branch current deposit content resource library expansion project – 102890237614 line self-made S-level variety copyright project
Industrial Bank Co.Ltd(601166) Changsha furongtong content resource library expansion project –
Item 415454811 of S-class film and television drama copyright purchased by Fafa sub branch with current deposit
Huarong Xiangjiang bank Xiangjiang new content resource bank expansion project –
Self made (including customized) A-level film and television 6215797393 drama copyright project of demand deposit of branch business department
Bank Of Changsha Co.Ltd(601577) Dianguang sub branch current deposit mango TV smart audio-visual media service 6044091123 service platform project
Total 116449904763
[note] as of December 31, 2021, the current balance of the special account for raised funds was 116449900 yuan, and the temporarily idle raised funds purchased 2260 million yuan of cash management products.
3、 Actual use of raised funds in 2021
(I) use of funds for investment projects with raised funds
1. See attached table I for the use of raised supporting funds.
2. See attached table 2 for the use of the funds raised by issuing shares to specific objects.
(II) cash management of idle raised funds and investment in related products
1. Cash management of raised matching funds
On August 25, 2020, the 31st meeting of the third board of directors of the company deliberated and adopted the proposal on cash management of wholly-owned subsidiaries using idle raised funds. It is agreed that happy sunshine, a wholly-owned subsidiary, will use idle raised funds with a maximum amount of no more than RMB 120 million to invest in short-term principal guaranteed financial products or deposit products of banks with good liquidity and high security without affecting the normal progress of the investment plan of raised funds and the safety of raised funds. The above amount of funds can be used on a rolling basis. From the date of deliberation and approval by the board of directors
Valid for 12 months from. The investment period of a single financial product shall not exceed (including) 12 months. The independent directors and the board of supervisors of the company expressed their consent to the above proposal, and China International Capital Corporation Limited(601995) , Caixin securities issued verification opinions.
During the reporting period, happy sunshine, a wholly-owned subsidiary, managed the idle raised funds in cash and redeemed them at maturity, and obtained a revenue of 3.4521 million yuan. There was no cash management balance at the end of the period.
2. Cash management of funds raised by issuing shares to specific objects
On September 23, 2021, the fifth meeting of the Fourth Board of directors of the company deliberated and adopted the
