Securities code: 000061 securities abbreviation: Shenzhen Agricultural Products Group Co.Ltd(000061) Announcement No.: 2022-007 Shenzhen Agricultural Products Group Co.Ltd(000061)
Notice on the holding subsidiary Guangxi xinliuyong company providing phased guarantee for bank mortgage loan customers subscribing for Guangxi xinliuyong project
Progress announcement
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of guarantee
The 48th meeting of the 8th board of directors of Shenzhen Agricultural Products Group Co.Ltd(000061) (hereinafter referred to as “the company”) deliberated and adopted the proposal on Approving the holding subsidiary Guangxi xinliuyong company to provide phased guarantee for bank mortgage loan customers subscribing for Guangxi xinliuyong project, It is agreed that Guangxi xinliuyong Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale market Co., Ltd. (hereinafter referred to as “Guangxi xinliuyong company”), the holding subsidiary of the company, will provide phased joint and several liability guarantee for customers who subscribe for the wholesale market shop of Guangxi xinliuyong agricultural and sideline products center (hereinafter referred to as “Guangxi xinliuyong project”) to apply for mortgage loan from the bank, with the total guarantee amount not exceeding 400 million yuan, The guarantee period is from the date when the mortgage loan funds arrive to the date when the borrower completes the formal mortgage registration procedures. The specific cooperative bank and its guarantee amount and guarantee period shall be subject to the actually signed guarantee contract. The company authorizes Guangxi xinliuyong company to select cooperative banks within the above total guarantee amount and reasonably allocate the guarantee amount according to the actual situation. (for details, see the company’s announcement published in securities times, China Securities News, Shanghai Securities News, securities daily and cninfo on October 29, 2021) II. Guarantee progress
Recently, Guangxi xinliuyong company signed guarantee agreements with Liuzhou Branch of Guilin Bank Co., Ltd. (hereinafter referred to as “Guilin bank”) and Liujiang branch of Liuzhou Bank Co., Ltd. (hereinafter referred to as “Liuzhou bank”) to provide phased joint and several liability guarantee for customers subscribing for Guangxi xinliuyong project to apply for mortgage loans from the above-mentioned banks, totaling 400 million yuan, The main contents of the guarantee agreement are as follows:
(I) Bank of Guilin
1. Terms of personal mortgage loan: the bank agrees to provide personal housing mortgage loan to the borrower (i.e. the buyer) who purchases Guangxi xinliuyong project. The maximum amount of a single personal commercial housing loan shall not exceed 50% of the total price of the purchased commercial housing, and the maximum loan term shall not exceed 10 years.
2. Guarantee mode: phased joint and several liability guarantee.
3. Guarantee amount: 223 million yuan (accounting for 4.31% of the company’s latest audited net assets). 4. Guarantee scope: the remaining loan principal and interest, liquidated damages, compensation, legal fees, lawyer fees and other expenses related to the realization of creditor’s rights by the bank that the borrower has not paid off to the bank.
5. Guarantee period: before the borrower completes the formal mortgage registration procedures of the bank’s house mortgage loan and the bank obtains the mortgage certificate of the purchased house (real estate registration certificate).
6. Validity period of the agreement: the cooperation period of the agreement is 5 years. If the houses of Guangxi xinliuyong project have not been sold, the bank can continue to provide loans to the buyers of the houses of Guangxi xinliuyong project on the premise of meeting the relevant provisions of the agreement.
(II) Liuzhou bank
1. Personal mortgage loan terms: the bank provides a single personal commercial housing loan to the borrower who purchases Guangxi xinliuyong project, with a maximum limit of 2 million yuan, a maximum loan proportion of 50%, and a maximum loan term of no more than 10 years.
2. Guarantee mode: phased joint and several liability guarantee.
3. Guarantee amount: 177 million yuan (accounting for 3.28% of the company’s latest audited net assets). 4. Guarantee scope: loan principal and interest.
5. Guarantee period: before the real estate registration certificate (formal mortgage registration rather than advance notice registration) is completed and handed over to the bank for safekeeping.
6. Validity of the agreement: 5 years.
It is hereby announced.
Shenzhen Agricultural Products Group Co.Ltd(000061) board of directors
February 11, 2002
