Dongxing Securities Corporation Limited(601198) (hereinafter referred to as ” Dongxing Securities Corporation Limited(601198) ” or “sponsor”) as the sponsor of Hitevision Co.Ltd(002955) (hereinafter referred to as ” Hitevision Co.Ltd(002955) ” or “company”) for the initial public offering of A-Shares and listing on the Shenzhen Stock Exchange The Listing Rules of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board, the regulatory guidelines for listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies and other relevant requirements, The implementation method of Hitevision Co.Ltd(002955) adjusting some raised investment projects and the investment amount of raised funds (hereinafter referred to as “this item”) have been carefully verified, and the verification opinions are as follows:
1、 Basic information of raised funds
(I) availability of funds raised from initial public offering
With the approval of the reply on approving Hitevision Co.Ltd(002955) initial public offering of shares (zjxk [2019] No. 839) issued by China Securities Regulatory Commission, the company issued 34.31 million ordinary shares in RMB for the first time at an issue price of 52.41 yuan / share. The total amount of funds raised in this offering was 1798187100 yuan, and the net amount of funds raised after deducting the issuance expenses was 16915838 million yuan. Tianzhi International Certified Public Accountants (special general partnership) has verified the availability of funds for the company’s initial public offering of shares on May 16, 2019, and issued the capital verification report (Tian Ye Ye Zi [2019] No. 26830).
(II) deposit and management of raised funds
In order to standardize the management and use of raised funds and protect the rights and interests of small and medium-sized investors, according to the stock listing rules of Shenzhen Stock Exchange, the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange and the relevant provisions in the raised funds management system formulated by the company, the company and its wholly-owned subsidiaries, Shenzhen Honghe Innovation Information Technology Co., Ltd., Xinxian Technology Co., Ltd., Anhui Hongcheng optoelectronics Co., Ltd Beijing Honghe Aixue Education Technology Co., Ltd., the holding subsidiary of the company, and the recommendation institution Dongxing Securities Corporation Limited(601198) have respectively signed the tripartite supervision agreement on the storage of the special account for raised funds with the opening bank of the special account for raised funds, which stipulates in detail the relevant responsibilities and obligations of the company, the recommendation institution and the opening bank. There is no significant difference between the main terms of the supervision agreement and the tripartite supervision agreement (model) on the storage of raised funds in the special account of Shenzhen Stock Exchange. As of the date of issuance of this verification opinion, the tripartite supervision agreement on the storage of raised funds in the special account has been effectively implemented.
(III) use of raised funds
As of March 31, 2022, the progress of investment projects with raised funds is as follows:
Unit: 10000 yuan
The committed investment amount of the raised funds of the project has accumulated as of March 31, 2022
1 interactive display product production base project 88650006583271
2 R & D center system construction project 25 Shanghai Carthane Co.Ltd(603037) 40919
3. Marketing service network construction project 577137554748
4 information system construction project 1363398571435
5. Supplementary working capital 27 China Vanke Co.Ltd(000002) 700000
6. Phase I project of Honghe interactive display industrial base 6 Shenzhen Fountain Corporation(000005) 95724
7 classroom service items 16 Beijing Beilu Pharmaceutical Co.Ltd(300016) 5358
8 teacher training service items 870.00 590.09
Total 1691583811970465
Note: the accumulated investment amount of the raised funds of the “classroom service project” is more than the promised investment amount of the raised funds, which is caused by the deposit interest and cash management income generated during the duration of the raised funds.
3、 The implementation mode of some raised investment projects and the basic overview of the investment amount of raised funds are adjusted this time
Since it is difficult to purchase a suitable implementation site in a short time, in order to meet the office needs of the company’s sustainable operation, improve the use efficiency of the company’s raised funds, and promote the implementation of R & D and information construction, the company adjusted the implementation methods of “R & D Center system construction project” and “information system construction project”, and adjusted the way of purchasing real estate to the way of combining leasing and purchasing real estate.
In addition, after comprehensive evaluation of the implementation progress of the company’s raised investment projects and the urgency of capital investment, on the basis of keeping the total investment of each raised investment project unchanged, the company adjusted the amount of raised capital investment of some raised investment projects as follows: “the system construction project of R & D center” plans to transfer 90 million yuan, “the first phase project of Honghe interactive display industrial base” “Teacher training service project” and “classroom service project” are proposed to transfer RMB 50 million, RMB 10 million and RMB 30 million respectively.
The details of the adjusted investment projects with raised funds are as follows:
Unit: 10000 yuan
No. project raised capital investment amount total investment
Adjustment amount before adjustment remains unchanged after adjustment
1 interactive display product production base 8865000 08865 Hainan Expressway Co.Ltd(000886) 5000 project
2 R & D center system construction project 2560303 – 9 Shenwan Hongyuan Group Co.Ltd(000166) 03032560303
3 marketing service network construction project 577137 0 577137677137
4 information system construction project 1363398 013633981738084
5 supplementary working capital 2700000 027 China Vanke Co.Ltd(000002) 700000
6 Honghe interactive display industrial base 6 Shenzhen Fountain Corporation(000005) 00011 Ping An Bank Co.Ltd(000001) 948639 phase I Project
7 teacher training service items 870.0010001870.00737000
8 classroom service items 1630 Jinzai Food Group Co.Ltd(003000) 4630.00836200
Total 16915838 01691583820062363
4、 The adjustment of the implementation method of some raised investment projects and the impact of the investment amount of raised funds on the company this time is based on the fact that the total investment amount of each raised investment project remains unchanged, which will not have a material impact on the implementation of raised investment projects. At the same time, it will help to improve the use efficiency of raised funds and optimize the resource allocation of the company, In line with the actual situation of the company’s development, it will not have a significant adverse impact on the normal operation of the company, nor will it damage the interests of all shareholders.
5、 Verification opinions of the recommendation institution
The sponsor believes that the matters related to the company’s adjustment of the implementation method of some raised investment projects and the amount of raised capital investment have been deliberated and adopted at the 12th meeting of the second board of directors and the 8th meeting of the second board of supervisors, and the independent directors have expressed their explicit consent and fulfilled the necessary procedures. This matter complies with the provisions of relevant laws, regulations and normative documents such as the measures for the administration of securities issuance and listing recommendation business, 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, 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 recommendation institution has no objection to the company’s adjustment of the implementation method of some raised investment projects and the amount of raised capital investment.
Dongxing Securities Corporation Limited(601198) April 27, 2022
