公开发行证券的公司信息披露内容与格式准则第28号 - 创业板公司招股说明书

（三）发行人应披露最近三年及一期2. If the net value of the cash flow generated from 重大的资本性支出情况；如果资本性支出operating activities in the preceding three years and 导致公司固定资产大规模增加或进行跨the most immediate previous period is negative or 行业投资的，应当分析资本性支出对公司much lower than the net profit in the current period, 主营业务、经营成果和现金流量的影响； the Issuer shall analyze and disclose the reasons （四）发行人应披露未来可预见的重thereof; 大资本性支出计划及资金需求量；未来资3. The Issuer shall disclose major capital 本性支出计划跨行业投资的，应说明其与expenditure in the preceding three years and the 公司未来发展战略的关系。 most immediate previous period. If the capital expenditure leads to a massive increase in the

company's fixed assets or if the capital expenditure is incurred for any cross-industry investment, the Issuer shall analyze the impact of such capital expenditure on the company's primary business, operating achievements, and cash flow; and 4. The Issuer shall disclose the plans for and capital requirements of foreseeable future major capital expenditures. In case of cross-industry investment, the Issuer shall indicate the relationship between such investment and the company's future development strategy. 第九十条 发行人应结合在行业竞争和业务经营方面存在的主要优势及困难，谨慎、客观分析公司财务状况和盈利能力的未来趋势。对报告期内已对公司财务状况和盈利能力有重大影响的因素，应分析其对公司未来财务状况和盈利能力可能产生的影响；目前已经存在新的趋势或变化，可能对公司未来财务状况和盈利能力产生重大影响的，应分析具体的影响。

Article 90 The Issuer shall, based on its advantages and weaknesses in respect of peer competition and business operation, make prudent and objective analysis of the future trends of company's financial standing and profitability. For factors which have already had significant impact on the company's financial standing and profitability the reporting period, the Issuer shall analyze the potential impact of such factors on the company's future financial standing and profitability. If there are any existing trends or changes which may have a significant impact on the company's future financial standing and profitability, the Issuer shall analyze such impact in detail.

Article 91 The Issuer shall disclose the dividend distribution policies and the actual dividend distributions the preceding three years, as well as the dividend distribution policies after the issue.

第九十一条 发行人应披露最近三年股利分配政策、实际股利分配情况以及发行后的股利分配政策。

第九十二条 发行人应披露本次发Article 92 The Issuer shall disclose the distribution 行完成前滚存利润的分配安排和已履行arrangements of the profit accumulated until 的决策程序。若发行前的滚存利润归发行completion of the IPO as well as the

前的股东享有，应披露滚存利润的审计和实际派发情况，同时在招股说明书首页对滚存利润中由发行前股东单独享有的金额以及是否派发完毕作“重大事项提示”。

decision-making procedures adopted. If the pre-issue accumulated profits will be distributed to the pre-issue shareholders, the Issuer shall disclose the audit and actual distribution of such accumulated profits, and shall make a \of Important Matters\on the first page of the prospectus to specify the amount and distribution process of the accumulated profits. Section 11 Use of Raised Funds

Article 93 The Issuer shall make investment with the raised funds by centering on its primary business, and shall disclose the estimated amount of the raised funds, the special account deposit arrangement, the usage of the raised funds, and the estimated investment schedule. If there is any difference between the amount actually raised and the estimated amount, the Issuer shall indicate the arrangements for using and managing the funds. If the raised funds involve any examination, approval, verification or filing, the Issuer shall disclose relevant information.

Article 94 If the raised funds are to be used to enhance the company's service capacity, to expand market share, to improve its technology or management, or to transform its production or service flow or facilities, or to expands its human resources, or to enhance its core competitiveness centered on its main businesses, the Issuer shall disclose the investment arrangements for the raised funds, and specify the impact of such arrangements on its future operating achievements. If the pooling of the raised funds leads to change in the Issuer's business model, the Issuer shall illustrate the impact of such change on its primary business, and shall make feasibility, with its management capacity, technical preparation, and market exploration to be taken into consideration. Article 95 If the raised funds are to be used to expand the production capacity of the existing products, the Issuer shall make a market prospect analysis based on the production capacity, turnover,

第十一节 募集资金运用

第九十三条 发行人募集资金应当围绕主营业务进行投资安排，应披露预计募集资金数额、专户存储安排、募集资金具体用途、预计投入的时间进度情况。 实际募集资金数额与预计募集资金存在差异的，发行人应说明资金运用和资金管理的安排。 募集资金项目涉及履行审批、核准或备案程序的，应披露相关的履行情况。

第九十四条 募集资金用于提升服务能力、拓展市场营销、改进技术或管理、改造生产或服务流程或设施、扩充人力资源以及其他围绕主营业务而提升核心竞争力的，发行人应披露募集资金的具体投资安排，说明对发行人未来经营成果的影响。 募集资金投入导致发行人业务模式发生改变的，发行人应说明这种变化对主营业务的影响，并结合经营管理能力、技术准备、产品市场开拓的情况进行可行性分析。

第九十五条 募集资金用于扩大现有产品产能的，发行人应结合现有产品报告期内的产能、产量、销量、产销率、销售区域，项目达产后产品新增的产能、产量

以及本行业的发展趋势、相关产品的市场容量、主要竞争对手等情况，对项目的市场前景进行分析。 募集资金用于新产品开发生产的，发行人应结合新产品的市场容量、主要竞争对手、行业发展趋势、技术保障、项目投产后新增产能情况，对项目的市场前景进行分析。

sales volume, sales-output ratio, and the sales region of the existing products in the reporting period, the product capacity and the turnover to be increased upon the project reaches full capacity, as well as the development trend of the industry, the market capacity of relevant products, the condition of major competitors, etc. If the raised funds are to be used for developing new products, the Issuer shall make a market prospect analysis based on the market capacity of such new products, major competitors, industry development trends, technical support, and the turnover to be increased upon the project reaches full capacity.

Article 96 If the Issuer's investment in fixed assets or R&D expenditure in the reporting period is rather limited and the funds raised under the IPO will bring a massive increase to the fixed assets investment or R&D expenditure, the Issuer shall fully explain the relationship between changes in fixed assets and productivity, and make sufficient disclosure of the impact of the depreciation of the newly added fixed assets and R&D expenditure on the future operating achievements of the Issuer.

第九十六条 发行人报告期内固定资产投资和研发支出很少、本次募集资金将大规模增加固定资产投资或研发支出的，应充分说明固定资产变化与产能变动的匹配关系，并充分披露新增固定资产折旧、研发支出对发行人未来经营成果的影响。

第九十七条 募集资金直接用于固定Article 97 If the raised funds are to be directly used 资产投资项目的，发行人可视实际情况并in fixed asset investment projects, the Issuer may 根据重要性原则披露下列内容： make disclosure of the following contents based on （一）投资概算情况，预计项目投资the actual situation and according to the principle of 规模及募集资金具体用途，如购置设备、priority:

土地、技术以及补充流动资金等； 1. The investment budget, the estimated scale of the （二）产品的质量标准和技术水平，investment project, and the usage of the raised 生产方法、工艺流程和生产技术选择，主funds, such as purchasing equipment, land or 要设备选择，核心技术及其取得方式； technology, making up working capital, etc.; （三）主要原材料、辅助材料及能源2. The product quality standards and technical level, 的供应情况； the production methods, the process, the production （四）投资项目的竣工时间、产量、technology, the major equipment, the core 产品销售方式及营销措施； technology, and the acquisition method thereof; （五）投资项目可能存在的环保问题、3. The supply of major raw materials, auxiliary

and energy; 采取的措施及资金投入情况； materials

（六）投资项目的选址，拟占用土地4. The completion date, turnover, sales method, and 的面积、取得方式及土地用途； marketing measures of investment project; （七）项目的组织方式、项目的实施5. The potential environmental problems existing in 进展情况。 the investment project, the measures adopted to

tackle such problems, and the capital pooling thereof;

6. The site selection for the investment project, the estimated area to be occupied by the investment project, the acquisition method of the land, and use of the land; and 7. The organizational method and progress of the project.

第九十八条 募集资金拟用于合资经Article 98 If the raised funds are to be used in joint 营或合作经营的，在披露第九十七条内容ventures or cooperative ventures, the Issuer shall 的同时，还应披露： disclose the following information besides the

specified in Article 97: （一）合资或合作方的基本情况，主contents

要包括名称、法定代表人、住所、注册资1. The basic information on the partner to the joint 本、实收资本、主要股东、主营业务，与venture or the cooperative venture, including the 发行人是否存在关联关系；投资规模及各partner's name, legal representative, domicile, 方投资比例；合资或合作方的出资方式；registered capital, paid-up capital, major 合资或合作协议的主要条款以及可能对shareholders, primary business, and whether there is 发行人不利的条款； any association between the Issuer and such partner; （二）拟组建的企业法人的基本情况，the investment scale and the parties' respective 主要包括设立、注册资本、主营业务、组investment ratio; the contribution method adopted 织管理和控制情况。不组建企业法人的，by the partner; the main clauses of the joint venture 应详细披露合作模式。 agreement or cooperation agreement, and the clauses which may be adverse to the Issuer; and

2. The basic information on the proposed enterprise legal person, including its incorporation, registered capital, primary business, organizational management, and control structure. If no enterprise legal person is to be established, the Issuer shall make detailed disclosure of the cooperation model. 第九十九条 募集资金拟用于向其他企业增资或收购其他企业股份，且已确定的，应披露下列内容： （一）拟增资或收购的企业的基本情况及最近一年及一期经具有证券期货相关业务资格的会计师事务所审计的资产负债表和利润表； （二）增资资金折合股份或收购股份的评估、定价情况； （三）增资或收购前后持股比例及控制情况； （四）增资或收购行为与发行人业务发展规划的关系。

Article 99 If the raised funds are to be used to increase investment in other enterprises or to acquire shares of other enterprises, the Issuer shall disclose the following contents, provided that such investment or acquisition has been confirmed: 1. The basic information on the enterprise to be invested or acquired, as well as the balance sheet and income statement of the last year and the most immediate previous period which have been audited or reviewed by an accounting firm qualified for securities and futures businesses; 2. The assessment and pricing of the share equivalent of the increased investment or the shares to be acquired;