Central China Securities Co.Ltd(601375) about Palm Eco-Town Development Co.Ltd(002431)
Verification opinions on the deposit and use of raised funds in 2021
Central China Securities Co.Ltd(601375) (hereinafter referred to as ” Central China Securities Co.Ltd(601375) ” or “recommendation institution”) as the recommendation institution of Palm Eco-Town Development Co.Ltd(002431) (hereinafter referred to as ” Palm Eco-Town Development Co.Ltd(002431) ” or “company”) for the non-public offering of shares in 2020, in accordance with the administrative measures for the recommendation business of securities issuance and listing and the guidelines for the recommendation of listed companies of Shenzhen Stock Exchange The deposit and use of raised funds in Palm Eco-Town Development Co.Ltd(002431) 2021 were verified in accordance with the relevant requirements of 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 (revised in 2022), and the guidelines for the self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board, The verification opinions are as follows:
1、 Basic information of raised funds
(I) actual amount of funds raised
On April 5, 2017, with the approval of the reply on approving Palm Eco-Town Development Co.Ltd(002431) non-public Development Bank shares (zjxk [2017] No. 464) issued by the China Securities Regulatory Commission, the company was approved to apply to Xiang Shisong, Zheng Shilin, CAITONG Fund Management Co., Ltd., Yinhua Fund Management Co., Ltd., Huaxin Securities Co., Ltd., Beixin Ruifeng Fund Management Co., Ltd., Fuguo Fund Management Co., Ltd Eight specific objects of Huatai Asset Management Co., Ltd. privately issued 10998895000 RMB common shares (A shares), with an issue price of 9.05 yuan per share, and the total amount of funds raised was 9953999750 yuan. After deducting the issue expenses of 1943930490 yuan, the net amount of funds raised was 97596069260 yuan. As of June 22, 2017, all the funds raised by the above issuance of the company had been in place, which had been verified by Lixin Certified Public Accountants (special general partnership), and the capital verification report (xksbz [2017] No. zc10577) was issued on June 22, 2017.
All the funds raised this time are used for the service supporting projects of Shejiang Park and the PPP project of urban capacity expansion and quality improvement project in Meixian district.
As of December 31, 2021, the company has used 77146190669 yuan accumulatively as promised, but has not invested 20449878591 yuan in the raised funds. The accumulated interest income generated in the raised funds account has deducted 3445840461 yuan from the net handling fee. As of December 31, 2021, the balance of the raised funds deposited in the special account for raised funds is 10719052 yuan, and the temporarily supplementary working capital that has not been returned is 23885000000 yuan, totaling 23895719052 yuan.
Time and amount (yuan)
The total amount of funds raised on June 22, 2017 was 99539999750
Less: paid issuance fee 1873930490
The net amount of funds raised on June 22, 2017 was 97666069260
Plus: interest income of previous years: 738901308
Less: amount used in previous years 25727315980
As of December 31, 2017, the balance of raised funds was 72677654588
Plus: interest income of this year deducting service charge 1311972873
Less: amount used this year 16789928324
Including: 70000000 paid for issuance
As of December 31, 2018, the balance of raised funds was 57199699137
Plus: interest income of this year deducting handling fee 1090337754
Less: amount used this year: 14806366720
As of December 31, 2019, the balance of raised funds was 43483670171
Plus: interest income in the reporting period deducting service charge 301209969
Less: amount used in the reporting period: 9526065824
As of December 31, 2020, the balance of raised funds was 34258814316
Plus: interest income in the reporting period deducting service charge of 3418557
Less: amount used in the reporting period: 10366513821
As of December 31, 2021, the balance of raised funds was 23895719052
Including: balance of special account for raised funds 10719052
Temporary supplementary working capital 23885000000
2、 Deposit and management of raised funds
(I) management of raised funds
In order to regulate the management and use of raised funds and protect the rights and interests of investors, the company, in accordance with the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies, the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange (revised in 2020) and other laws and regulations, as well as the articles of association and other relevant provisions, according to the actual situation, The Palm Eco-Town Development Co.Ltd(002431) raised funds management system has been formulated, which has made specific and clear provisions on the storage and use of raised funds.
During the actual operation in the reporting period, the company implemented special account storage for the raised funds, and there was no violation of the regulations on the storage and use of the raised funds. There were no problems in the relevant management of the raised funds, and there was no difference from the provisions of Palm Eco-Town Development Co.Ltd(002431) raised funds management system. During the reporting period, the Audit Department of the company supervised the progress of the raised funds and regularly monitored the raised funds
Check the use of funds.
(II) storage of raised funds in special account
The company opened a special account for raising funds (Account No.: 699965679) in China Minsheng Banking Corp.Ltd(600016) Guangzhou Branch, China; two thousand and seventeen
In June, the company, China China Minsheng Banking Corp.Ltd(600016) Guangzhou Branch and Anxin Securities Co., Ltd. signed the Shenzhen Securities Exchange
In accordance with the relevant provisions of the guidelines for the standardized operation of small and medium-sized board listed companies of the exchange, the tripartite supervision agreement on raising funds was signed, about
The special account for raised funds shall only be used for the storage and use of raised funds and shall not be used for other purposes; July 2017, by
The project raised and invested in this non-public offering is organized by the project company Meizhou Meixian District Zongyuan Project Investment Management Co., Ltd
Implemented by the company, Huangpu sub branch of Guangzhou Rural Commercial Bank Co., Ltd., Anxin Securities Co., Ltd. and Meizhou
The Sifang Investment Management Co., Ltd. of Zongyuan project in Meixian District of Shenzhen operates in accordance with the regulations for small and medium-sized board listed companies of Shenzhen Stock Exchange
In accordance with the relevant provisions of the guidelines, the four party supervision agreement on raised funds was signed, which agreed that the special account for raised funds was only used for raising funds
The storage and use of the collected funds shall not be used for other purposes.
Central China Securities Co.Ltd(601375) was employed by the company as the sponsor and sponsor of the company’s non-public offering of shares in 2020
The lead underwriter, in view of the change of the sponsor, in April 2021, the company, China China Minsheng Banking Corp.Ltd(600016) Guangzhou Branch, Zhongyuan
Securities Co., Ltd. re signed the tripartite supervision agreement on raised funds; Guangzhou Rural Commercial Bank Co., Ltd
Huangpu sub branch, Central China Securities Co.Ltd(601375) and Meixian District Zongyuan Project Investment Management Co., Ltd
The Company re signed the four party supervision agreement on raised funds. Supervision agreement on raised funds and raised funds of Shenzhen Stock Exchange
There is no significant difference in the model gold regulatory agreement, and the tripartite and quadripartite regulatory agreements are being performed normally.
As of December 31, 2021, in addition to 23885 million yuan of temporary supplementary working capital, the raised funds have been deposited
The balance of the special account is as follows:
Company name bank account balance (yuan) remarks
Palm eco town development stock China China Minsheng Banking Corp.Ltd(600016) Guangzhou Branch 69996567997724.25 current deposit
Branch Business Department of branch Co., Ltd
Meizhou Meixian District Zongyuan item Guangzhou rural commercial bank shares 048017400 China Vanke Co.Ltd(000002) 329466.27 project company raised special investment management Co., Ltd. Huangpi sub branch account closing balance
Total 10719052
3、 Description of actual use of raised funds in 2021
The actual use of the company’s raised funds in 2021 is detailed in the comparison table of the use of raised funds in 2021.
Comparison table of use of raised funds in 2021
Unit: 10000 yuan
The total amount of raised funds is 9954000, and the total amount of raised funds invested in this year is 1036651
The total amount of raised funds with changed purposes during the reporting period was 0
The accumulated total amount of raised funds for changing purposes is 0, and the accumulated total amount of raised funds invested is 7714619
The cumulative proportion of total raised funds with changed purposes is 0
Whether the total investment of the current year after the adjustment of the raised funds has been changed. As of the end of the period, whether the investment progress project has reached the expected level, whether the feasibility of the expected project has been achieved in the current year, whether the investment project and the investment target of the over raised funds have been committed (including part of the total amount of the promised investment) (1) cumulative investment (%) (3) = (2) /Significant changes in the benefits of the defined serviceable condition)
