Guolian MinSheng Securities Underwriting and Sponsorship Co., Ltd. Regarding Shenzhen Zhulifang Automation Equipment Co., Ltd.'s Use of Part of Surplus Raised Funds to Permanently Supplement Working Capital Audit Opinion
Guolian MinSheng Securities Underwriting and Sponsorship Co., Ltd. (hereinafter referred to as "Sponsor" or "Guolian MinSheng Securities") as the continuous supervision sponsor for Shenzhen Zhulifang Automation Equipment Co., Ltd. (hereinafter referred to as "Company" or "Zhulifang")'s initial public offering of stocks and listing on the ChiNext market, according to the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," "Supervision Rules for the Management of Raised Funds by Listed Companies," "Shenzhen Stock Exchange ChiNext Company Listing Rules," and other relevant regulations, has investigated Zhulifang's use of part of its surplus raised funds to permanently supplement working capital. The details are as follows:
I. Basic Situation of Raised Funds
According to the "Approval for the Registration of the Initial Public Offering of Stocks of Shenzhen Zhulifang Automation Equipment Co., Ltd." (Zhengjian Xu Ke [2022] No. 747) issued by the China Securities Regulatory Commission, the Company issued 10,235,691 shares of RMB ordinary shares (A shares) to the public for the first time, with an issue price of RMB 72.33 per share. The total amount of raised funds was RMB 740,347,500, and after deducting relevant issuance expenses (excluding tax) of RMB 7,294,840, the net amount of raised funds was RMB 667,399,100. The raised funds were deposited into the Company's designated account on July 5, 2022. Tianjian Certified Public Accountants (Special General Partnership) audited the arrival of the raised funds and issued the "Capital Verification Report" (Tianjian Yan [2022] No. 3-60). The Company has opened a special deposit account for the aforementioned raised funds and signed a tripartite custody agreement with the Sponsor and the commercial bank where the funds are deposited.
II. Situation of Raised Funds Investment Projects
1. Situation of Raised Funds Investment Projects
According to the information disclosed in the Company's "Prospectus for Initial Public Offering of Stocks and Listing on the ChiNext Market," the investment projects and usage plan for the raised funds from the Company's initial public offering of stocks are as follows:
| No. | Project Name | Total Investment | Amount of Raised Funds Invested |
|---|---|---|---|
| 1 | Automation Equipment Capacity Expansion Project | 27,356.50 | 27,356.50 |
| 2 | R&D Center Upgrade Project | 14,687.90 | 14,687.90 |
| 3 | Working Capital Supplement Project | 18,000.00 | 18,000.00 |
| Total | 60,044.40 | 60,044.40 |