Shaanxi Zhongtian Rocket Technology Co.Ltd(003009)
Report on the use of previously raised funds
According to the provisions on the report on the use of previously raised funds issued by the China Securities Regulatory Commission, Shaanxi Zhongtian Rocket Technology Co.Ltd(003009) (hereinafter referred to as “the company” or “the company”), the report on the use of previously raised funds as of September 30, 2021 has been prepared.
1、 Basic information of previously raised funds
With the approval of the China Securities Regulatory Commission in the document zjxk [2020] No. 1717 on August 7, 2020, the company made an initial public offering of A-Shares in China and applied to Shenzhen stock exchange for listing after the issuance. In September 2020, the company issued 38848100 A shares through Shenzhen Stock Exchange, with a par value of 1 yuan per share and an issue price of 12.94 yuan per share. The total amount of subscription received from shareholders was 502694414.00 yuan. After deducting the underwriting Commission of securities companies and other issuing expenses, the actual net raised funds were 4459562.54 yuan.
The above raised funds of 445956562.54 yuan were remitted into the special account for raised funds of the company’s account No. 61050179000700000417 opened in China Construction Bank Corporation(601939) Xi’an Hongqing road sub branch on September 21, 2020, which was verified by the capital verification report of Zhongshen Zhonghuan Certified Public Accountants (special general partnership) No. zhyz (2020) 080007.
On October 15, 2020, after deliberation and approval of the second meeting of the third board of directors, the company opened one special account for the deposit of raised funds in China Construction Bank Corporation(601939) Xi’an Hongqing road sub branch, China Everbright Bank Company Limited Co.Ltd(601818) Xi’an Branch, China Merchants Bank Co.Ltd(600036) Xi’an branch and Bank Of China Limited(601988) Xi’an second ring century star sub branch.
As of September 30, 2021, the deposit of the company’s previously raised funds in the bank account is as follows:
Monetary unit: RMB
Deposit bank deposit unit bank account number storage method closing date balance remarks
China China Construction Bank Corporation(601939) Xi’an hongshaanxi Shaanxi Zhongtian Rocket Technology Co.Ltd(003009) technology 61050179000 current deposit 5006134.21
Qinglu Sub Branch Technology Co., Ltd. 700000417
China China Everbright Bank Company Limited Co.Ltd(601818) has Shaanxi Shaanxi Zhongtian Rocket Technology Co.Ltd(003009) technology 78700188000 current deposit of 137495473.38
Xi’an Branch Technology Co., Ltd. 180466
China Merchants Bank Co.Ltd(600036) Xi’an Chaoma Technology Co., Ltd. has 12990388321 current deposit of 13370113.53
0188 Xi’an Branch Co., Ltd
Bank Of China Limited(601988) Xi’an Aerospace SANWO Machinery Co., Ltd. 10288955367
Xi’an second ring Century Star Power Equipment Co., Ltd. 5 current deposit 23972111.75
Bank Company
Total 179843832.87
2、 Actual use of previously raised funds
1. Comparison of the use of previously raised funds
As of September 30, 2021, the actual use of the previously raised funds is shown in Annex 1 “comparison table of the use of the previously raised funds”.
2. Changes in the previously raised funds
The actual investment projects of the company’s previously raised funds are consistent with the application plan of the A-share raised funds disclosed in the previous A-share prospectus, and there is no change in the actual investment projects.
3. Description of the difference between the actual total investment and the total committed investment of the project raised funds in the previous time
As of September 30, 2021, the difference between the actual total investment of the company’s previous fund-raising projects and the total committed investment is as follows:
Monetary unit: RMB
Reasons for difference between committed investment projects and over raised funds
Total investment of fund-raising funds
1. The project of dual-use rocket generator 140000000.00 4514691.48 – 135485308.52 is still under construction
The production capacity construction project is in its infancy and is under construction
2. The dual-use high-temperature special project is still under construction
The production line of kinds of materials is under construction in phase 110000000.00 97012727.24 – 12987272.76
Project (phase I)
3. Measurement and control products and arrow projects are still under construction
The production capacity of the measurement and control system is 29000000.00 5106800.00 – 23893200.00, which is under construction
Construction Project
4. R & D center project 55000000.00 215800.00 – 54784200.00 project is still under construction
Phase, under construction
5. Repayment of bank loans 77000000.00 77000000.00
6. Supplementary working capital 34956562.54 34956562.54
Total 4459562.54 218806581.26 – 227149981.28
4. Investment projects of previously raised funds that have been transferred or replaced
On December 29, 2020, the fourth meeting of the third board of directors of the company deliberated and approved the proposal on using the raised funds to replace the self owned funds invested in advance, and agreed to use the raised funds to replace the raised investment projects and issuance expenses paid with the self owned funds of 10479221.59 yuan as of December 28, 2020, Including: the total amount of investment projects invested with self owned funds and raised funds in advance is 3971043.00 yuan; The total amount of issuance expenses paid with self owned funds is 6508178.59 yuan.
5. Temporary idle raised funds and unused raised funds
(1) Temporary idle raised funds
On December 29, 2020, the fourth meeting of the third board of directors of the company deliberated and approved the proposal on using part of the temporarily idle raised funds for cash management, and agreed that the company would use the temporarily idle raised funds with an amount of no more than 250 million yuan for cash management on the premise of ensuring that the construction progress of the raised investment project would not be affected. The implementation period is valid within 12 months from the date of adoption by the board of directors. Within the validity period of the resolution, the funds can be used on a rolling basis. The raised funds will be returned to the special account in time before the cash management of idle raised funds expires. As of September 30, 2021, the details of structural deposits purchased by the company with temporarily idle raised funds are as follows:
Monetary unit: RMB
Purchaser’s entity issuing entity product name closing balance product time
Shaanxi Shaanxi Zhongtian Rocket Technology Co.Ltd(003009) Technology China Construction China China Construction Bank Corporation(601939) “Shaanxi Shaanxi Zhongtian Rocket Technology Co.Ltd(003009) Bank Technology Co., Ltd. on April 2, 2021″ unit structure 50000000.00 to October deposit in 2021, phase 1, August 8, 2021
Total 50000000.00
(2) Unused raised funds
As of September 30, 2021, the balance of unused raised funds was RMB 229843832.87 (including the principal of structural deposits that have not been redeemed of RMB 50000000.00), accounting for 51.54% of the net raised funds. The remaining raised funds will continue to be used for the investment project expenditure of the raised funds.
6. Comparison of realized benefits of investment projects with previously raised funds
See Annex 2 for the comparison of the benefits achieved by the investment projects with the previously raised funds.
7. Subscription of shares with assets
The previous issuance of the company did not involve the subscription of shares with assets.
3、 Comparison between the actual situation of the previously raised funds and the publicly disclosed information
There is no difference between the actual use of the company’s previously raised funds and the contents disclosed in the company’s 2020 annual report, 2021 semi annual report and other information disclosure documents.
4、 Conclusion
The board of Directors believes that the company has used the previously raised funds according to the application plan of the A-share raised funds disclosed in the previous A-share prospectus. The company has faithfully fulfilled its obligation to disclose the investment direction and progress of the previously raised funds.
All directors of the company promise that there are no false records, misleading statements or major omissions in this report, and bear individual and joint legal liabilities for its authenticity, accuracy and completeness.
Shaanxi Zhongtian Rocket Technology Co.Ltd(003009) board of directors
January 19, 2022
Annex 1:
Comparison table of the use of the previously raised funds
Prepared by: Shaanxi Zhongtian Rocket Technology Co.Ltd(003009) amount unit: RMB 10000
The total amount of raised funds is 44595.66, and the total amount of used raised funds is 21880.66
The total amount of raised funds for change of purpose and the total amount of raised funds used in each year is 21880.66, including 13639.85 in 2020
The proportion of total raised funds with changed purposes was 8240.81 from January to September 2021
The total investment amount of the raised funds of the investment project can make the accumulated investment amount of the raised funds reach the predetermined amount on the deadline
Commitment before raising, commitment after raising, actual investment commitment before raising, commitment after raising, actual investment
