Securities code: 002171 securities abbreviation: Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) Announcement No.: 2022-007 bond Code: 128109 bond abbreviation: Chujiang convertible bond
Anhui Truchum Advanced Materials And Technology Co.Ltd(002171)
Announcement on the use of some temporarily idle raised funds for cash management
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.
Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) (hereinafter referred to as "the company", "the company" or " Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) ") held the 25th meeting of the Fifth Board of directors and the 24th Meeting of the Fifth Board of supervisors on January 18, 2022, and considered and adopted the proposal on using some temporarily idle raised funds for cash management, The company invests the raised funds step by step according to the construction progress of the raised investment project and the fund investment plan. In order to improve the efficiency of the company's fund use and make rational use of the idle raised funds, without affecting the construction of the raised funds project and the use of the raised funds, It is agreed that the company and its subsidiaries use the idle raised funds of no more than 800 million yuan (including this amount) from the public issuance of convertible corporate bonds in 2019 for cash management. It is used to purchase financial products with high security, good liquidity, meeting the capital preservation requirements, and the maximum investment period of the product is no more than 12 months. The issuer of investment varieties is commercial banks and other financial institutions, and the period is no more than 12 months. Within the above limit, the funds can be used in a rolling manner. The relevant matters are hereby announced as follows:
1、 Basic information of raised funds
With the approval of the reply on approving Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) public issuance of convertible corporate bonds (zjxk [2020] No. 353) issued by the China Securities Regulatory Commission, the company publicly issued convertible corporate bonds with a total face value of 1830 million yuan, each with a face value of 100 yuan, after deducting the total issuance expenses of 14.376 million yuan, The net amount of funds actually raised was RMB 1815624000. The above raised funds were in place on June 10, 2020 and verified by Rongcheng Certified Public Accountants (special general partnership) Rongcheng Yanzi [2020] No. 241z0002 capital verification report. The company has adopted a special account for the raised funds.
2、 Use of raised funds
(I) use plan of raised funds
The company invested in the following projects after deducting the issuance expenses from the total amount of funds raised from the public issuance of A-share convertible corporate bonds in 2019:
Unit: 10000 yuan
No. project name total investment and raised fund amount of the project
1 high precision copper alloy strip foil project with an annual output of 50000 tons 72485.00 60000.00
2 reconstruction and expansion project of 60000t / a high-precision copper alloy calendering belt 27231.00 27000.00 (phase II and III)
3. High precision and high conductivity copper based materials with an annual output of 300000 tons of green intelligent manufacturing 127192.00 48000.00 items (phase I)
4 high precision copper alloy wire rod project with an annual output of 20000 tons 17200.00 8000.00
5 supplementary liquidity capital 40000.00 38562.40
Total 284108.00 181562.40
The 11th meeting of the 5th board of directors held by the company on June 29, 2020 deliberated and adopted the proposal on establishing subsidiaries and changing the implementation subject of investment projects funded by raised funds from some convertible corporate bonds. In order to further strengthen the responsibility of the implementation subject of raised investment projects, accelerate the project construction progress and promote the early operation and effectiveness of raised investment projects, The company plans to set up a new subsidiary with funds raised from the "300000 tons per year green intelligent manufacturing high-precision and high conductivity copper base material project (phase I)", which is responsible for the construction and operation of the "300000 tons per year green intelligent manufacturing high-precision and high conductivity copper base material project (phase I)", That is, the original implementation subject of the "300000 tons per year green intelligent manufacturing high-precision and high conductivity copper based material project (phase I)" was changed from Anhui Chujiang high tech Electric Material Co., Ltd., a wholly-owned subsidiary of the company, to Anhui Xinhai high conductivity New Material Co., Ltd., a newly established subsidiary.
The relevant budget after the change of the investment project with raised funds is as follows:
Unit: 10000 yuan
No. project name project total investment raised amount remarks
1. 50000 tons of high-precision copper alloy strip foil project 72485.00 60000.00
2. The annual output of 60000 tons of high-precision copper alloy calendering belt is changed to 27231.00 27000.00
Expansion project (phase II and III)
Implementation subject: 3. Green intelligent manufacturing with an annual output of 300000 tons. High precision and high conductivity 127192.00 48000.00 Anhui Xinhai high copper base material project (phase I) Daoxin Material Co., Ltd
4 high precision copper alloy wire rod project with an annual output of 20000 tons 17200.00 8000.00
5 supplementary liquidity capital 40000.00 38562.40
Total 284108.00 181562.40
(II) use and balance of raised funds
As of December 31, 2021, the company's public issuance of A-share convertible corporate bonds in 2019 has used a total of 689.546 million yuan of raised funds, and the remaining raised funds are 1166.7449 million yuan (including the accumulated bank deposit interest received minus bank handling charges and the income from purchasing principal guaranteed financial products), as follows:
Unit: 10000 yuan
Project amount
Total raised funds 183000.00
Less: accumulative issuance expenses paid 1367.32
Less: accumulated use of raised funds 68950.46
Plus: financial management income and interest income of raised funds 3992.27
The balance of raised funds is 116674.49
Including: working capital supplemented by raised funds 25500.00
Purchase of financial products 57000.00
Current balance of raised funds account 34174.49
As of December 31, 2021, the use of funds raised by the company's public issuance of A-share convertible corporate bonds in 2019 is as follows:
Unit: 10000 yuan
S / n project name total investment of implementing entity project cumulative amount of raised funds invested
1. 50000 T / a high-precision copper alloy strip foil Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) 72485.00 3621.70 project
2. With an annual output of 60000 tons of high-precision copper alloy, Qingyuan Chujiang copper has 27231.00 217.87 extension belt reconstruction and expansion project (phase II and III) Co., Ltd
3. Green intelligent manufacturing with an annual output of 300000 tons high precision Anhui Xinhai gaodaoxin 127192.00 26539.71 high conductivity copper based material project (phase I) materials Co., Ltd
4. Wuhu Chujiang alloy copper 17200.00 8.78 Project Co., Ltd. with an annual output of 20000 tons of high-precision copper alloy wire rod
5 supplementary liquidity Anhui Truchum Advanced Materials And Technology Co.Ltd(002171) 40000.00 38562.40
Total 284108.00 68950.46
3、 Basic information of cash management using temporarily idle raised funds this time
Investment purpose: in order to improve the use efficiency of the company's funds and make rational use of idle raised funds, without affecting the construction of raised funds and the use of raised funds, according to the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies In accordance with the provisions of relevant laws, regulations and normative documents such as the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board, the company and its subsidiaries, in combination with the actual operation, It is proposed to use the temporarily idle raised funds to purchase principal guaranteed financial products (the amount of the company's cash management with the raised funds this time does not exceed the amount of cash management with the raised funds last time, so it does not involve new raised funds for cash management), so as to increase income and seek a better return on investment for the company and shareholders.
Investment amount and variety: the company and its subsidiaries use the idle raised funds of no more than 800 million yuan (including principal) from the public issuance of convertible corporate bonds in 2019 for cash management to purchase financial products with high safety, good liquidity and meeting the capital preservation requirements. The main issuers of investment varieties are commercial banks and other financial institutions. Within the above amount, Funds can be used on a rolling basis. Investment period: the investment period of principal guaranteed financial products purchased with idle raised funds shall not exceed 12 months from the date of deliberation and approval by the board of directors. Within this validity period, the investment period of a single financial product purchased by the company with idle raised funds shall not exceed 12 months and shall be used rolling within the authorized amount.
Source of funds: the investment funds are raised funds temporarily idle by the company and its subsidiaries.
Decision making procedure: according to the company's self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board and the raised funds management system, this proposal on using idle raised funds to purchase principal guaranteed financial products
