603283: Suzhou Secote Precision Electronic Co.Ltd(603283) announcement on the completion of the use of the funds raised by the initial public offering of shares and the cancellation of some of the raised funds accounts

Securities code: 603283 securities abbreviation: Suzhou Secote Precision Electronic Co.Ltd(603283) Announcement No.: 2022-002

Suzhou Secote Precision Electronic Co.Ltd(603283)

Announcement on the completion of the use of the funds raised by the initial public offering of shares and the cancellation of part of the accounts of the raised funds

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

1、 Basic information of raised funds

Approved by the reply on approving Suzhou Secote Precision Electronic Co.Ltd(603283) initial public offering (IPO) of China Securities Regulatory Commission “zjxk [2017] No. 2226”, the company issued 40 million RMB common shares (A shares) in the initial public offering, with an issue price of 6.90 yuan per share and a total raised capital of 276 million yuan. After deducting underwriting fees and recommendation fees, The balance was remitted by the lead underwriter (sponsor) Huatai United Securities Co., Ltd. to the company’s regulatory account for raised funds on December 19, 2017, totaling RMB 256 million. In addition, after deducting the issuance fee of RMB 9.4423 million (excluding tax), the actual total raised funds were RMB 246557700. The above funds were in place on December 19, 2017, The capital verification report (Zhong Hui Zi (2017) No. 6470) was verified and issued by Zhonghua Certified Public Accountants (special general partnership).

2、 Management and use of raised funds

In order to regulate the management and use of raised funds and protect the interests of investors, the company Suzhou Saizhong Automation Technology Co., Ltd. (hereinafter referred to as “Saizhong”), a wholly-owned subsidiary of the company, and the sponsor Huatai United Securities Co., Ltd. signed three-party and four-party special account storage supervision agreements with Bank Of Suzhou Co.Ltd(002966) Industrial Park sub branch and China Everbright Bank Company Limited Co.Ltd(601818) Suzhou Branch respectively to manage the raised funds in accordance with the agreement to ensure the safe use of the raised funds, Special accounts for the raised funds shall be opened separately, which shall only be used for the storage and use of the raised funds and shall not be used for other purposes.

Project name account name bank account No. remarks

Suzhou saiteng Precision Electronics China China Everbright Bank Company Limited Co.Ltd(601818) Co., Ltd. 37060188000174754 has cancelled Suzhou Branch of Consumer Electronics Industry Automation Co., Ltd

Chemical equipment construction project Suzhou Saizhong Automation China China Everbright Bank Company Limited Co.Ltd(601818) Co., Ltd. 37060188000174836 has been cancelled Suzhou Branch of Technology Co., Ltd

Suzhou saiteng precision electronics Bank Of Suzhou Co.Ltd(002966) Co., Ltd. 5120950000147 has cancelled the Industrial Park sub branch of new R & D Center Project Co., Ltd

Suzhou Saizhong automation Bank Of Suzhou Co.Ltd(002966) Co., Ltd. 51289500000148 has cancelled the Industrial Park sub branch of Technology Co., Ltd

As of the date of this announcement, all the funds raised by the company’s initial public offering have been used as required, and the account balance is zero. Three accounts have been cancelled in the Suzhou Secote Precision Electronic Co.Ltd(603283) announcement on the use of some projects of funds raised by initial public offering and the cancellation of some accounts of funds raised (Announcement No.: 2021-068) disclosed by the company on August 13, 2021, The account cancelled this time is Bank Of Suzhou Co.Ltd(002966) Industrial Park sub branch 5120950000147.

3、 Cancellation of special account for raised funds

During the deposit and use of the raised funds, the company performs its obligations in strict accordance with the regulatory agreement. Since all the funds raised by the company’s initial public offering have been used up as required and the account balance is zero, in order to facilitate account management and reduce management costs, the company has cancelled the above special account for raised funds as of the date of this announcement. After the cancellation of the above account, the supervision agreement on the storage of special account for raised funds signed by the company with banks and sponsors shall be terminated accordingly. It is hereby announced.

Suzhou Secote Precision Electronic Co.Ltd(603283) board of directors January 21, 2022

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