China Securities Co.Ltd(601066)
About Konfoong Materials International Co.Ltd(300666)
Special verification report on the deposit and use of raised funds in 2021
China Securities Co.Ltd(601066) (hereinafter referred to as " China Securities Co.Ltd(601066) securities" or "sponsor") as a sponsor of Konfoong Materials International Co.Ltd(300666) (hereinafter referred to as " Konfoong Materials International Co.Ltd(300666) " or "company") issuing convertible corporate bonds to unspecified objects, in accordance with the measures for the administration of securities Issuance and listing sponsor business The rules of Shenzhen stock exchange for the listing of shares on the growth enterprise market and the guidelines for the self discipline supervision of listed companies of Shenzhen Stock Exchange No. 13 - recommendation business have verified the deposit and use of raised funds in Konfoong Materials International Co.Ltd(300666) 2021, and issued the following recommendation opinions:
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 issuance expenses of 4164375471 yuan, The net amount of funds actually raised was RMB 21211784529, which was fully paid on June 9, 2017, and was 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)
Balance of special account for raised funds on December 31, 2020 ① 105071517
Deposit interest income minus bank charges ② -148.88
Return of temporary idle raised funds to supplement working capital ③ temporary idle raised funds to supplement working capital ④ total use ⑤
Including: molybdenum sputtering target blank with an annual output of 400 tons for flat panel display in 2021
Material industrialization project
Project amount (RMB)
Production project of electronic grade ultra-high purity aluminum with an annual output of 300 tons
Construction project of analysis, testing and customer support service center
Replenish working capital and repay bank loans
Total balance before closing 105056629
Closing of accounts and transfer of supplementary working capital 105056629
Account balance amount
During the period of special account for raised investment funds, including: the ending balance of special account for raised investment projects of molybdenum materials of CCB ⑥ = ① + ② + special account for raised investment projects of high purity aluminum of CCB
③ - ④ - ⑤ 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 amount of raised funds ① 50645030660
Replace the self raised funds that have been invested in the raised funds project in advance ② 6089818080
Deposit interest income minus bank service charge ③ 144178752
Total use ④ 33167097505
Including: high purity metal target for flat panel display in Huizhou base and the construction project of the Ministry 1153407345
Including: 2021 Wuhan base flat panel display high purity metal targets and components construction project 913739500
Annual supplementary working capital 14099950660
Idle raised funds temporarily supplement working capital of 17000000000
The total balance of raised and invested funds is 11532293827
Project amount (RMB)
Closing of closing account of item account at the end of the period and transfer of supplementary working capital
Balance amount ⑤ account balance amount 11532293827 = ① - ② + ③ - of which: Agricultural Bank Of China Limited(601288) bond fund-raising account (subsidiary Guangdong Jiangfeng) 4605757402 ④ Bank Of China Limited(601988) bond fund-raising account (subsidiary Wuhan Jiangfeng) 6897196051
Bank Of China Limited(601988) special account for raised funds of bonds 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 31, 2021, all the special accounts for raised funds have been closed, and the actual balance of raised funds saved is 105056629 yuan, which will permanently supplement the working capital.
(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 the raised funds with the sponsor China Securities Co.Ltd(601066) securities and the deposit bank of the special account for the 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 opening entity: deposit balance status of special account for raised funds of deposit bank (RMB)
Guangdong Jiangfeng Agricultural Bank Of China Limited(601288) yu39615001040010394 normal 4605757402 yaochengdong sub branch
Wuhan Jiangfeng Bank Of China Limited(601988) Yuyao plastic city sub branch 361080010047 normal 6897196051
Company Bank Of China Limited(601988) Yuyao plastic city sub branch 35848 Hubei Fuxing Science And Technology Co.Ltd(000926) 8 normal 29340374
Total 11532293827
3、 Actual use of raised funds this year
(I) use of funds for investment projects with raised funds
See attached table 1 of this verification report for the comparison table of the use of funds raised by initial public offering.
To unspecified
