Stock abbreviation: Xinjiang International Industry Co.Ltd(000159) Stock Code: 000159 No.: 2022-19
Xinjiang International Industry Co.Ltd(000159)
Announcement on foreign loans of holding subsidiaries
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Loan overview
Due to business needs, Jiangsu Zhongda Tower Technology Development Co., Ltd. (hereinafter referred to as “Zhongda tower”) signed a loan contract with Jiangsu Hengda tower Co., Ltd. on February 5, 2022. Zhongda tower borrowed 30 million yuan from Jiangsu Hengda tower Co., Ltd. to repay the bank loan due for one month. The loan has no interest rate, No guarantee. This loan is a non related party transaction.
2、 Introduction to counterparty
Jiangsu Evergrande tower Co., Ltd. was established in May 2014. The legal representative is Li Quanliang, with a registered capital of RMB 250 million and a unified social credit code of 91320382302027356h. The enterprise is located in Tiefu Town Industrial Park, Pizhou City, and belongs to the industry of non-metallic mineral products.
Equity structure: Li Quanliang holds 80% equity and Nanjing Bocong International Trade Co., Ltd. holds 20% equity.
The company is a non dishonest executee.
The company has no relationship with the company, its controlling shareholders and actual controllers, directors, supervisors and senior managers.
3、 Main contents of the agreement
1. Lender (Party A): Jiangsu Evergrande tower Co., Ltd,
Borrower (Party B): Zhongda tower
2. Loan amount: 30 million yuan
3. Loan term: February 5, 2022 to March 5, 2022.
4. Loan interest rate: None
5. If Party B delays the repayment to Party A, it shall submit a written application to Party A and obtain the consent of Party A. the repayment interest rate during the extension period shall be calculated by 5% annualized.
6. Party B obtains and uses the loan according to the contract. 4、 Document for future reference 1. The loan contract is hereby announced.
Xinjiang International Industry Co.Ltd(000159) board of directors
February 8, 2022
