Securities code: 300121 securities abbreviation: Shandong Yanggu Huatai Chemical Co.Ltd(300121) Announcement No.: 2022-007 Shandong Yanggu Huatai Chemical Co.Ltd(300121)
Progress announcement on providing guarantee for wholly-owned subsidiaries
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、 Basic information of this guarantee
Shandong Yanggu Huatai Chemical Co.Ltd(300121) (hereinafter referred to as "the company") deliberated and adopted the proposal on continuing to provide guarantees for wholly-owned subsidiaries at the 18th meeting of the Fourth Board of directors held on September 28, 2020 and the first extraordinary general meeting of shareholders held in 2020 on October 15, 2020, It is agreed that the company will apply to relevant institutions (including banks, financial leasing companies, etc.) for debts under the comprehensive credit line with a total amount of no more than RMB 300 million for Shandong Derek new materials Co., Ltd. (hereinafter referred to as "Derek") (including but not limited to RMB loan, foreign currency loan, bank acceptance bill, letter of credit, order financing, letter of guarantee, financial leasing business, etc.) provide joint and several liability guarantee, which is valid for 2 years, and authorize the management of the company to handle the above guarantee matters. For details of the announcement on continuing to provide guarantees for wholly-owned subsidiaries, see the announcement of the company disclosed on cninfo.com, the company's designated information disclosure website, on September 29, 2020 (Announcement No.: 2020-078). 2、 Progress of external guarantee
On December 2, 2021, the company signed the maximum guarantee contract with Dongying Branch of Guangdong Development Bank Co., Ltd, It is agreed to amend or supplement the general contract for credit business (the credit line is valid from December 2, 2021 to October 15, 2022) signed by Derek and Dongying Branch of Guangdong Development Bank Co., Ltd. (including but not limited to the extension contract and the original general contract for credit business signed on September 16, 2020) 。 If a single agreement is signed under the contract, the single agreement also belongs to the scope of the main contract) to provide joint and several liability guarantee, and the maximum principal balance of the guarantee is RMB 50 million only (for details, see the progress announcement on providing guarantee for wholly-owned subsidiaries on cninfo.com on December 4, 2021, Announcement No.: 2021-095).
On February 10, 2022, Derek signed an acceptance contract with Dongying Branch of Guangdong Development Bank Co., Ltd., with an amount of 28 million yuan. The acceptance period is from February 11, 2022 to August 11, 2022. The company provides joint and several liability guarantee for the exposure of 19.6 million yuan formed within the scope of the agreement.
3、 Accumulated external guarantee
As of the disclosure date of this announcement, the total external guarantee of the company and its holding subsidiaries was 105.29 million yuan, accounting for 6.36% of the audited net assets of the company in 2020. Among them, the company's total guarantee for the wholly-owned subsidiary Shandong Derek new materials Co., Ltd. is 48.8 million yuan, accounting for 2.95% of the company's audited net assets in 2020; The total amount guaranteed to Shandong gufengyuan Biotechnology Group Co., Ltd. is 56.49 million yuan, accounting for 3.41% of the company's audited net assets in 2020.
It is hereby announced.
Board of directors February 11, 2002
