001228SZSE

Yongtai Logistics' Change of Fund Accounts: Verification Opinion by Yongxing Securities

✨ AI Summary

Yongxing Securities has issued a verification opinion regarding the change of fund accounts for Yongtai Yunhua Chemical Logistics. The company raised RMB 791.0462 million through its IPO, with a net amount of RMB 671.7018 million after expenses. To enhance fund management, new special accounts will be opened at Shanghai Pudong Development Bank, and existing accounts will be closed. Additionally, the board approved the temporary use of up to RMB 90 million of idle funds to supplement working capital.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· OpenAISign In to Upgrade

Yongxing Securities Co., Ltd. on the Verification Opinion Regarding the Change of Part of the Special Account for Raised Funds of Yongtai Yunhua Chemical Logistics Co., Ltd.

Yongxing Securities Co., Ltd. (hereinafter referred to as "Yongxing Securities" or "Sponsor Institution") serves as the continuous supervision institution for Yongtai Yunhua Chemical Logistics Co., Ltd. (hereinafter referred to as "Yongtai Yun" or "Company"). The period of continuous supervision will expire on December 31, 2024. Given that the raised funds from Yongtai Yun's initial public offering have not yet been fully utilized, the sponsor institution continues to fulfill its continuous supervision responsibilities regarding the management and use of the remaining raised funds of the company. In accordance with the provisions of the "Administrative Measures for Sponsoring Securities Issuance and Listing," "Regulations on the Supervision of Raised Funds of Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," and "Self-Regulatory Guidelines No. 1 for Listed Companies on the Main Board of Shenzhen Stock Exchange," the sponsor institution has conducted a verification of the matters related to the change of part of the special account for raised funds of Yongtai Yun. The specific situation is as follows:

I. Basic Situation of Raised Funds According to the approval from the China Securities Regulatory Commission regarding the initial public offering of shares by Yongtai Yunhua Chemical Logistics Co., Ltd. (Zheng Jian Xu Ke [2022] No. 707), and with the consent of the Shenzhen Stock Exchange, the company publicly issued 25.97 million new shares at an issue price of RMB 30.46 per share, with a total amount of raised funds of RMB 791.0462 million. After deducting the issuance-related expenses of RMB 119.3444 million, the actual net amount of raised funds was RMB 671.7018 million. The above funds were in place on April 26, 2022, and the status of the funds was verified by the "Tianjian Verification Report No. [2022] 162" issued by Tianjian Certified Public Accountants (Special General Partnership).

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…