Announcement on the progress of overdue financial assistance provided by subsidiaries to their joint-stock companies
Securities code: 002666 securities abbreviation: Guangdong Delian Group Co.Ltd(002666) Announcement No.: 2022-011
Guangdong Delian Group Co.Ltd(002666)
Financial assistance provided by subsidiaries to their joint-stock companies
Overdue 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、 Overdue financial assistance
Guangdong Delian Group Co.Ltd(002666) (hereinafter referred to as "the company") deliberated and agreed at the 20th meeting of the Fourth Board of directors held on January 28, 2021 that the company's subsidiary Changchun Delian Chemical Co., Ltd. (hereinafter referred to as "Changchun Delian") provided a financial loan of 16.5 million yuan to its joint-stock company Shanghai Taihao Automotive Electronics Sales Co., Ltd. (hereinafter referred to as "Shanghai Taihao"), The loan will be issued in installments according to the actual capital needs of Shanghai Taihao. The loan interest is calculated at the simple interest rate of 4.75% per year, and the loan term is 12 months from the date of actual loan issuance.
The first phase of the above financial assistance from Changchun Delin to Shanghai Taihao has expired on February 3, 2022. As of February 3, 2022, Shanghai Taihao has repaid 0 yuan of principal, 0 yuan of interest, 8 million yuan of principal outstanding and 380000 Yuan of interest outstanding. The total amount of principal and interest outstanding by Shanghai Taihao is 8.38 million yuan.
For details, the company published in the securities times, China Securities Journal and cninfo (www.cn. Info. Com. CN.) on February 7, 2022 Relevant contents of the announcement on overdue financial assistance provided by subsidiaries to their joint-stock companies (2022-010).
2、 Reasons for overdue financial assistance
TPMS (tire pressure monitoring system), the main product of Shanghai Taihao, won't be approved by BMG engineering issued by Volkswagen until the end of 2021 and began small batch production. It will be officially mass produced and supplied from January 2022. Shanghai Taihao can't obtain sufficient operating cash flow or raise repayment funds in the short term; And based on the inability to obtain long
Announcement on the progress of overdue financial assistance provided by subsidiaries to their joint-stock companies
During the extension of chundelian loan, the funds raised by Shanghai Taihao can only meet its production and operation needs, so it is unable to repay the due financial assistance provided by Changchun Delian in time.
Based on the above two reasons, the financial assistance provided by Changchun Delian to its joint-stock company Shanghai Taihao was overdue.
3、 Overdue progress of financial assistance
As of February 12, 2022, Shanghai Taihao still failed to repay the above 8 million yuan overdue financial assistance and interest to Changchun Delin. The company has issued a "payment reminder" to Shanghai Taihao and actively negotiated with the management of Shanghai Taihao to urge it to fulfill its repayment obligations.
Meanwhile, in order to minimize the risk of loan recovery of Shanghai Taihao, Changchun Delian has convened and presided over the shareholders' meeting of Shanghai Taihao and asked other natural person shareholders of Shanghai Taihao to sign the guarantee contract and consent letter. As of February 14, 2022, the natural person shareholders of Shanghai Taihao Wu Yinhu, Russia Yanhua, Qi Feng and Zhang Shengjian have completed the signing of the guarantee contract and the consent letter, and agreed to provide 100% joint liability guarantee for the total loan of 52 million yuan and corresponding interest provided by Changchun Delin to Shanghai Taihao. (Wu Yinhu, the natural person shareholder of Shanghai Taihao, intends to acquire the equity of Shanghai Taihao held by Jin Xiaogan (holding 12%) and Zhang Junjun (holding 2%) and voluntarily provide the maximum amount of joint and several liability guarantee to Shanghai Taihao at the shareholding ratio of 37%) In order to safeguard the interests of the company and its shareholders, the company will pay close attention to the subsequent repayment and reserve the right to recover the above loans by filing a lawsuit according to law. The company will perform the obligation of information disclosure in time according to the progress of the matter. Please pay attention to the investment risk.
It is hereby announced!
Guangdong Delian Group Co.Ltd(002666) board of directors February 16, 2002
