Securities code: 002002 securities abbreviation: Hongda Xingye Co.Ltd(002002) Announcement No.: pro 2022-004 bond Code: 128085 bond abbreviation: Hongda convertible bond
About opening a special account for raised funds
And sign the announcement of the tripartite supervision agreement for the raised funds
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.
Hongda Xingye Co.Ltd(002002) (hereinafter referred to as “the company”) deliberated and approved the proposal on opening a special account for raised funds and signing a tripartite supervision agreement for raised funds at the 24th (Interim) meeting of the seventh board of directors held on January 11, 2022, and agreed that the company should establish a special account for raised funds in Guangzhou Branch of Guangdong Development Bank Co., Ltd, It is used for the storage and use of the raised funds of the company’s convertible corporate bonds, and signs a tripartite supervision agreement on the raised funds with the recommendation institution and the bank where the special account for the raised funds is located. The relevant information is hereby announced as follows:
1、 Basic information of the raised funds
Approved by the reply on approving Hongda Xingye Co.Ltd(002002) public issuance of convertible corporate bonds (zjxk [2019] No. 2305) of China Securities Regulatory Commission, the company publicly issued 24267800 convertible corporate bonds with a face value of 100 yuan each, and the total amount of raised funds was 242678000 yuan, After deducting the underwriting and recommendation fee of 11320754.72 yuan (excluding tax), the company’s paid in raised funds are 2415459245.28 yuan, which are used for the construction and supplementary working capital of 300000 tons of PVC and supporting projects per year. The above raised funds were remitted to the special account for raised funds opened by the company on December 20, 2019.
2、 Description of the opening of the special account for raised funds
As of January 10, 2022, the company has opened four special accounts for raising funds from convertible corporate bonds, as follows:
No. account name account No. Bank of deposit
1 Hongda Xingye Co.Ltd(002002) 9550880096908100117 Guangzhou Branch of Guangdong Development Bank Co., Ltd
2 Hongda Xingye Co.Ltd(002002) 44050140010100002500 China Construction Bank Corporation(601939) Guangzhou Yuexiu sub branch
3 Hongda Xingye Co.Ltd(002002) 0315159200000150 Tangjing sub branch of Guangzhou Rural Commercial Bank Co., Ltd
4 Hongda Xingye Co.Ltd(002002) 39010188000248286 China China Everbright Bank Company Limited Co.Ltd(601818) Shenzhen Donghai sub branch
3、 Notes on adding special accounts for raised funds and authorizing the signing of tripartite supervision agreements
The sixth (Interim) meeting of the seventh board of directors and the sixth (Interim) meeting of the seventh board of supervisors held on January 13, 2020 respectively deliberated and adopted the proposal on using some idle raised funds to temporarily supplement working capital, and agreed that the company should use idle raised funds of no more than 850 million yuan to temporarily supplement working capital. For details, please refer to the company’s announcement on cninfo (www.cn. Info. Com. CN.) on January 14, 2020 Announcement on temporarily replenishing working capital with some idle raised funds (Announcement No.: pro 2020-009) disclosed on the.
At the 15th (Interim) meeting of the 7th board of directors held on January 12, 2021, the company deliberated and approved the proposal on delaying the return of idle raised funds and continuing to be used to supplement working capital temporarily, and agreed that the company, on the premise of ensuring the capital demand for the construction of investment projects with raised funds and the normal progress of investment projects with raised funds, The idle raised funds of 848.35 million yuan were postponed and continued to be used to supplement working capital temporarily. Specific content: Announcement on delaying the return of idle raised funds and continuing to be used to supplement working capital temporarily (Announcement No.: p.2021-005) published by the relevant company on January 13, 2021.
Due to changes in the external market environment, the company’s working capital was tightened and there were debt disputes, resulting in the freezing of some bank accounts of the company and Inner Mongolia Zhonggu Mining Co., Ltd. in order to properly solve the return of the raised funds and ensure the smooth progress of the raised investment project. After the board of directors and management of the company have demonstrated the return method of the raised funds, it is planned to return the raised funds temporarily replenished with working capital through the newly opened special account for raised funds. The company plans to set up a special account for raised funds in Guangzhou Branch of Guangdong Development Bank Co., Ltd. by the company’s subsidiary Guangdong Jincai Industry Co., Ltd, The management of the company is authorized to timely sign the tripartite supervision agreement on raised funds with Guangzhou Branch of Guangdong Development Bank Co., Ltd., First Capital Securities Co.Ltd(002797) underwriting sponsor Co., Ltd., and return the raised funds temporarily replenishing working capital in time to ensure the smooth progress of the construction of raised investment projects.
The newly established special account for raised funds complies 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 stock listing rules of Shenzhen Stock Exchange and other laws, regulations and normative documents, as well as the relevant provisions of the company’s measures for the administration of raised funds, and does not affect the investment plan of raised funds. The deposit and use of funds in the special account for raised funds will be carried out in strict accordance with the relevant provisions of the CSRC and Shenzhen Stock Exchange.
4、 Documents for future reference
1. Resolutions of the 24th (Interim) meeting of the 7th board of directors of the company;
2. Independent opinions of the company’s independent directors on matters related to the 24th (Interim) meeting of the seventh board of directors.
It is hereby announced.
Hongda Xingye Co.Ltd(002002) board of directors January 13, 2002
