Securities code: Konfoong Materials International Co.Ltd(300666) securities abbreviation: Konfoong Materials International Co.Ltd(300666) Announcement No.: 2022065 bond Code: 123123 bond abbreviation: Jiangfeng convertible bond
Konfoong Materials International Co.Ltd(300666)
Special report on the deposit and use of raised funds in 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
According to the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies (revised in 2022) (CSRC announcement [2022] No. 15) According to the relevant provisions of the self regulatory guidelines for companies listed on the Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on the gem and the self regulatory guidelines for companies listed on the gem of the Shenzhen Stock Exchange No. 2 – announcement format, Konfoong Materials International Co.Ltd(300666) (hereinafter referred to as “the company” or ” Konfoong Materials International Co.Ltd(300666) “) makes a special report on the deposit and use of raised funds in 2021 as follows:
1、 Basic information of raised funds
(I) funds raised by initial public offering
1. Actual amount of raised funds and arrival time of funds
According to the resolution of the second extraordinary general meeting of shareholders of the company in 2015 and approved by the CSRC in the document zjxk [2017] No. 696 on May 12, 2017, the company issued 54.69 million ordinary shares in RMB for the first time, with an issue price of 4.64 yuan per share, and raised a total of 25376160000 yuan. After deducting the relevant issue expenses of 4164375471 yuan, the net amount of funds actually raised was 21211784529 yuan, It has been fully in place on June 9, 2017 and has been verified by Lixin Certified Public Accountants (special general partnership) with the capital verification report of “Xin Kuai Shi Bao Zi [2017] No. zf10626”.
2. Amount used and current balance in the current year
As of December 31, 2021, the use of the company’s raised funds in this year is as follows:
Project amount (RMB yuan) balance of special account for raised funds on December 31, 2020 ① 105071517 deposit interest income minus bank handling charges ② -148.88 temporarily idle raised funds to supplement working capital return ③ idle raised funds to temporarily supplement working capital ④ total use ⑤
Including: molybdenum sputtering target blank industry with an annual output of 400 tons for flat panel display
Chemical project
Including: the production project of electronic grade ultra-high purity aluminum with an annual output of 300 tons in 2021
Construction project of analysis, testing and customer support service center
Replenish working capital and repay bank loans
Total balance before closing 105056629 closing account supplementary working capital transfer account balance
Closing balance of special account for raised investment funds, including: amount of special account for raised investment project of molybdenum materials of CCB ⑥ = ① + ② + ③ – ④ – ⑤ special account for raised investment project of high purity aluminum of CCB
Special account for raised investment project of CCB testing service
Special account for supplementary current raised investment project of China Construction Bank
Bank Of China Limited(601988) Yuyao branch (subsidiary Jiangfeng tungsten molybdenum)
(II) raising funds by issuing convertible corporate bonds to unspecified objects
1. Actual amount of raised funds and arrival time of funds
According to the resolutions of the second meeting of the third board of directors, the first extraordinary general meeting of shareholders in 2021 and the fourth meeting of the third board of directors of the company, and with the approval of the document of CSRC permission [2021] No. 2356 on July 9, 2021, the company issued 51650000 convertible corporate bonds to unspecified objects, with a face value of RMB 100.00, and raised a total of RMB 51650000000, After deducting the relevant issuance expenses of RMB 1004969340, the net amount of the actually raised funds was RMB 50645030660, which was fully in place on August 18, 2021 and verified by Lixin Certified Public Accountants (special general partnership) with the capital verification report of “Xin Kuai Shi Bao Zi [2021] No. zf10840”.
2. Amount used and current balance in the current year
As of December 31, 2021, the use of the company’s raised funds in this year is as follows:
Project amount (RMB) Net raised funds ① 50645030660 replace self raised funds that have been invested in the raised funds project in advance ② 6089818080 deposit interest income minus bank handling charges ③ 144178752 total use ④ 33167097505 including: construction project of high purity metal targets and components for flat panel display in Huizhou base 1153407345 construction project of high purity metal targets and components for flat panel display in Wuhan base 913739500 including: used in 2021
Replenish working capital 14099950660 idle raised capital temporarily replenish working capital 17000000000 total balance 11532293827 closing account supplementary working capital transfer
The closing balance of the special account for raised and invested funds at the end of the period is 11532293827, and the remaining amount ⑤ = ① – ② + ③ – ④, of which: Agricultural Bank Of China Limited(601288) bond fund-raising account (subsidiary Guangdong Jiangfeng) 4605757402 Bank Of China Limited(601988) bond fund-raising account (subsidiary Wuhan Jiangfeng) 6897196051 Bank Of China Limited(601988) bond fund raising account 29340374
2、 Deposit and management of raised funds
(I) deposit and management of funds raised by initial public offering
1. Management of raised funds
According to the company’s raised funds management system, the company shall strictly perform the application and approval procedures when using the raised funds, and abide by the company’s fund management system.
Each expenditure of raised funds shall first be applied by the department using the funds, submitted to the chief financial officer for review after being reviewed and approved by the person in charge of the department using the funds, and finally approved by the general manager within the scope authorized by the board of directors. After being reviewed and approved by all parties, the financial department can make payment; If the audit items exceed the scope authorized by the board of directors to the general manager, they shall be reported to the board of directors for approval.
2. Storage of raised funds in special account
In order to standardize the management and use of raised funds and protect the interests of investors, according to the Listing Rules of gem shares of Shenzhen Stock Exchange (revised in December 2020) and the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies The company adopts a special account storage system for the raised funds and establishes a special account for the raised funds in the bank in accordance with the relevant provisions such as the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on the gem, the business memorandum on information disclosure on the gem No. 1 – use of over raised funds and idle raised funds, and the provisions of the Konfoong Materials International Co.Ltd(300666) raised funds management system, And signed the tripartite supervision agreement for raised funds with the sponsor Guosen Securities Co.Ltd(002736) and the deposit bank of the special account for raised funds China Construction Bank Corporation(601939) Yuyao sub branch respectively. The company and its subsidiary Ningbo Jiangfeng Tungsten Molybdenum Material Co., Ltd. (hereinafter referred to as “Jiangfeng tungsten molybdenum”) signed the Quartet supervision agreement for raised funds with the sponsor Guosen Securities Co.Ltd(002736) and the deposit bank of the special account for raised funds Bank Of China Limited(601988) Yuyao sub branch, It defines the rights and obligations of all parties. There is no significant difference between the regulatory agreement and the model regulatory agreement of Shenzhen Stock Exchange.
The company held the first meeting of the third board of directors on December 18, 2020, deliberated and adopted the proposal on the settlement of some investment projects with raised funds. After deliberation, the board of directors held that the construction of the “industrialization project of molybdenum sputtering target blank with an annual output of 400 tons for flat panel display” of the raised investment project has been completed and closed, and the savings amount is 0. Subsequently, the relevant raised capital account of the project will be cancelled, and the actual transfer out amount shall be subject to the balance of the special account on the day of capital transfer out, which is in line with the actual situation of the raised capital investment project.
As of December 29th, 2026, the balance of permanent funds raised in the special account has been cancelled, and the actual balance of the raised funds has been 1056600 yuan.
(II) deposit and management of funds raised by issuing convertible corporate bonds to unspecified objects
1. Management of raised funds
According to the company’s raised funds management system, the company shall strictly perform the application and approval procedures when using the raised funds, and abide by the company’s fund management system. Each expenditure of raised funds shall first be applied by the department using the funds, submitted to the chief financial officer for review after being reviewed and approved by the person in charge of the department using the funds, and finally approved by the general manager within the scope authorized by the board of directors. After being reviewed and approved by all parties, the financial department can make payment; If the audit items exceed the scope authorized by the board of directors to the general manager, they shall be reported to the board of directors for approval.
2. Storage of raised funds in special account
In order to regulate the management and use of the raised funds and protect the interests of investors, the company, in accordance with the Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020) and the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of the raised funds of listed companies Relevant provisions such as the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on GEM, the business Memorandum for information disclosure on GEM No. 1 – use of over raised funds and idle raised funds, and the provisions of Konfoong Materials International Co.Ltd(300666) raised funds management system were deliberated and adopted at the 10th meeting of the third board of directors of the company, The company and its wholly-owned subsidiaries Guangdong Konfoong Materials International Co.Ltd(300666) Materials Co., Ltd. (hereinafter referred to as “Guangdong Jiangfeng”) and Wuhan Konfoong Materials International Co.Ltd(300666) Materials Co., Ltd. (hereinafter referred to as “Wuhan Jiangfeng”) have implemented special account storage for the raised funds, and signed the tripartite supervision agreement for raised funds with the sponsor China Securities Co.Ltd(601066) and the deposit bank of the special account for raised funds, respectively, clarifying the rights and obligations of all parties. There is no significant difference between the regulatory agreement and the model regulatory agreement of Shenzhen Stock Exchange.
As of December 31, 2021, the deposit of the company’s special account for raised funds is as follows:
Account storage balance
Account no. of the special account for raised funds of the opening bank of the opening entity
Status (RMB) Guangdong Jiangfeng Agricultural Bank Of China Limited(601288) Yuyao Chengdong sub branch 39615001040010394 normal 4605757402 Wuhan Jiangfeng Bank Of China Limited(601988) Yuyao plastic
