Securities code: 600322 securities abbreviation: Tianjin Realty Development (Group) Co.Ltd(600322) Announcement No.: 2022-004 Tianjin real estate development (Group) Co., Ltd
With regard to the announcement on providing guarantee for the financing of the subsidiary Tianjin Kaitai building materials Operation Co., Ltd., the board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
● name of the guaranteed: Tianjin Kaitai Building Materials Management Co., Ltd
● amount of this guarantee: the amount of this guarantee is 90 million yuan. By the end of September 2021, the guarantee balance provided by the company for Tianjin Kaitai building materials Operation Co., Ltd. was RMB 236.95 million.
● whether counter guarantee is provided for this guarantee: none.
● cumulative number of overdue external guarantees: none.
1、 Guarantee overview
(I) overview of guarantee
Tianjin Kaitai Building Materials Management Co., Ltd. (hereinafter referred to as "Kaitai building materials") is a wholly-owned subsidiary of Tianjin real estate development (Group) Co., Ltd. (hereinafter referred to as " Tianjin Realty Development (Group) Co.Ltd(600322) " or "the company"), Kaitai building materials applied to Tianjin Binhai Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Tianjin Binhai rural commercial bank") for financing of 90 million yuan on February 24, 2020. Up to now, the loan balance is 90 million yuan,. Now, Kaitai building materials plans to apply to Tianjin Binhai agricultural commercial bank for financing of 90 million yuan to repay the above due loans. The company plans to provide joint and several liability guarantee for the new loans.
(II) internal decision-making procedures for listed companies to implement the above guarantee matters
1. The company held the 2020 annual general meeting of shareholders on May 21, 2021, deliberated and approved the proposal on Approving the company's guarantee amount in 2021, and the guarantee amount approved by the company for Kaitai building materials in 2021 was 350 million yuan. The guarantee balance provided by the company for Kaitai building materials before this guarantee is 232 million yuan, and the balance after this guarantee is 232 million yuan.
2. This guarantee has been authorized by the company's 2020 annual general meeting of shareholders and does not need to be submitted to the company's board of directors and general meeting of shareholders for deliberation.
2、 Basic information of the guaranteed
Name: Tianjin Kaitai Building Materials Management Co., Ltd
Registered address: No. 1009, No. 80, Changde Road, Heping District, Tianjin
Legal representative: Cui Yonggang
Nature of enterprise: limited liability company (sole proprietorship of legal person)
Registered capital: 150 million yuan
Business scope: wholesale of building materials and components, metal materials, chemical products (excluding dangerous goods and precursor drugs), light industrial materials, construction machinery, electrical equipment, construction equipment, elevators, central air conditioning and boilers. (the state has special operation regulations, which shall be implemented according to the regulations)
Affiliated relationship between the guaranteed and the company: the guaranteed is a wholly-owned subsidiary of the company
Financial status of the guaranteed in the latest year and the next period:
As of September 30, 2021, the total unaudited assets of the guaranteed Tianjin Kaitai building materials Operation Co., Ltd. were 420.8053 million yuan, the total liabilities were 242.5955 million yuan, the total shareholders' equity was 178.2098 million yuan, and the net profit in the third quarter of 2021 was 154900 yuan.
3、 Main contents of guarantee
The main contents of this guarantee are as follows:
(I) guarantee method: Tianjin Realty Development (Group) Co.Ltd(600322) provide joint and several liability guarantee.
(II) guarantee period: three years from the date of expiration of the performance period of independent debt.
(III) guarantee amount: no more than RMB 90 million.
4、 Opinions of the board of directors
The guarantee object is a wholly-owned subsidiary. In combination with the operation, credit status and control of the above companies, the board of directors of the company believes that the guarantee risk is controllable and the guarantee object has sufficient performance ability, and agrees to provide guarantee to the above subsidiaries.
5、 Accumulated external guarantees and overdue guarantees
By the end of September 2021, the amount of guarantee provided between the company and wholly-owned and holding subsidiaries or wholly-owned and holding subsidiaries was 7105.52 million yuan, accounting for 332.25% of the audited net assets of the company of 2138.5766 million yuan in the latest fiscal year; The cumulative amount of guarantee provided by the company and its holding subsidiaries to guarantee objects other than wholly-owned and holding subsidiaries is 290.5 million yuan (excluding the phased guarantee provided to mortgage loan customers), accounting for 13.58% of the audited net assets of the company of 2138.5766 million yuan in the latest fiscal year. There is no overdue guarantee.
6、 List of documents for reference 1. Resolutions of the company's 2020 annual general meeting of shareholders; 2. A copy of the business license of the guaranteed;
3. Unaudited financial statements of the guaranteed on September 30, 2021.
It is hereby announced.
Board of directors of Tianjin real estate development (Group) Co., Ltd
February 11, 2022
