Securities code: 300444 securities abbreviation: Beijing Sojo Electric Co.Ltd(300444) Announcement No.: 2022-005 Beijing Sojo Electric Co.Ltd(300444)
About the subsidiary Beijing Sojo Electric Co.Ltd(300444) Hefei Co., Ltd
Announcement on applying for loan credit and providing guarantee
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. Important content tips:
1. Guarantor: Beijing Sojo Electric Co.Ltd(300444) (hereinafter referred to as the "company" or " Beijing Sojo Electric Co.Ltd(300444) "); 2. Guaranteed: wholly owned subsidiary Beijing Sojo Electric Co.Ltd(300444) Hefei Co., Ltd. (hereinafter referred to as "Shuangjie Hefei"); 3. The amount of this guarantee is expected to be no more than RMB 400 million;
4. As of the disclosure date of this announcement, the actual guarantee balance of the company is 205.8913 million yuan, 99.96% of which is the guarantee for the entities within the scope of the consolidated statements, and there is no overdue situation;
5. The total amount of external guarantees considered by the company and its holding subsidiaries has exceeded 100% of the latest audited net assets. Investors are invited to invest rationally and pay attention to investment risks.
1、 Overview of this credit and guarantee
Due to actual operation needs, Beijing Sojo Electric Co.Ltd(300444) Hefei Co., Ltd. (hereinafter referred to as "Shuangjie Hefei"), a wholly-owned subsidiary of Beijing Sojo Electric Co.Ltd(300444) (hereinafter referred to as "the company" or " Beijing Sojo Electric Co.Ltd(300444) "), plans to apply for loan credit from banks, financial leasing companies or other financial institutions, with a total principal of no more than 400 million yuan (including 400 million yuan), The validity period of the credit line is one year from the date of deliberation and approval of the general meeting of shareholders (the specific credit date, amount and guarantee period shall be subject to the actual approval of the above institutions). The company provides guarantee for Shuangjie Hefei's application for loan credit.
The company held the second meeting of the Fifth Board of directors on February 14, 2022, and deliberated and adopted the proposal on providing guarantee for the subsidiary Beijing Sojo Electric Co.Ltd(300444) Hefei Co., Ltd. to apply for loan credit. As the guarantee amount of the company has exceeded 30% of the total assets audited in the latest period for 12 consecutive months, the proposal needs to be submitted to the general meeting of shareholders for deliberation in accordance with the relevant provisions of the Shenzhen Stock Exchange gem stock listing rules (revised in December 2020), the articles of Association and the external guarantee management system.
2、 Basic information of the guaranteed
1. Basic information
Company name Beijing Sojo Electric Co.Ltd(300444) Hefei Co., Ltd
Date of establishment: December 13, 2018
Unified social credit code 91340121ma2tb30r6l
Registered capital: RMB 200 million
Registered address: small and micro enterprise entrepreneurship base, No. 2, Weisi Road, Xiatang Town, Changfeng County
Manufacturing power transmission and distribution and control equipment; Commerce and trade; General freight; R & D and sales of distributed generation and control equipment, new energy vehicle charging and discharging and intelligent control equipment, power quality management and monitoring equipment, and power metering system equipment; Production of distributed generation and control equipment, charging and discharging and intelligent control equipment within the business scope of new energy vehicles, power quality management and monitoring equipment, and power metering system equipment; Power supply; Contract energy management; Technical services; Technology development; Computer system integration; Engineering survey and design; Self operated and acting as an agent for the import and export of various commodities and technologies (except for the commodities and technologies limited or prohibited by the state). (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
Legal representative: Zhao Lianhua
2. Relationship with the company:
Shuangjie Hefei is a wholly-owned subsidiary of the company, and the company directly holds 100% equity of Shuangjie Hefei.
3. The main financial data of Shuangjie Hefei are shown in the following table (the financial data of 2020 has been audited and the financial data of 2021 has not been audited):
Unit: Yuan
December 31, 2021 December 31, 2020
Total assets 1691484350.97 754031098.73
Total liabilities 1098122384.81 659424666.84
Net assets 593361966.16 94606431.89
Project year 2021 to 2020
Operating income 419007386.72 152269501.63
Operating profit 10831339.62 24927739.81
Net profit 11375550.31 22219545.63
4. Shuangjie Hefei has no case of being executed in breach of trust.
3、 Opinions of the board of directors
As a wholly-owned subsidiary of the company, Shuangjie Hefei plans to apply for loan and credit from banks and other institutions to obtain working capital support, so as to improve its operating efficiency.
The board of Directors believes that this guarantee is conducive to promoting the normal operation and business development of Shuangjie Hefei and improving its operating efficiency and profitability. The risk of this guarantee is within the company's control, and there is no damage to the interests of the company and the majority of investors. The board of directors of the company agrees to this guarantee.
The second meeting of the 5th board of directors of the company deliberated and approved the proposal on providing guarantee for the subsidiary Beijing Sojo Electric Co.Ltd(300444) Hefei Co., Ltd. to apply for loan credit. As the guarantee amount of the company has exceeded 30% of the total assets audited in the latest period for 12 consecutive months, the proposal needs to be submitted to the general meeting of shareholders for deliberation in accordance with the relevant provisions of the Shenzhen Stock Exchange gem stock listing rules (revised in December 2020), the articles of Association and the external guarantee management system.
5、 Accumulated external guarantees and overdue guarantees
(I) number of external guarantees of the company
After the guarantee is provided this time, the total amount of guarantee amount considered by the company is 1564193600 yuan (including 1064193600 yuan for holding subsidiaries, accounting for 68.03%), accounting for 182.72% of the latest audited net assets of the company; The total balance of guarantees actually provided was 205.8913 million yuan, accounting for 24.05% of the company's latest audited net assets.
(II) as of the date of this announcement, the total balance of guarantees provided by the company and its holding subsidiaries to units outside the consolidated statements was 77400 yuan, accounting for 0.01% of the latest audited net assets of the listed company.
(III) as of the date of this announcement, the company and its holding subsidiaries have no overdue external guarantee or illegal guarantee.
6、 Other
After the disclosure of this guarantee, if the guarantee changes, the company will timely disclose the corresponding progress announcement.
7、 Documents for future reference
1. Resolutions of the second meeting of the 5th board of directors; 2. Other documents required by Shenzhen Stock Exchange. It is hereby announced.
Beijing Sojo Electric Co.Ltd(300444)
Board of directors
February 14, 2022
