Securities code: 300655 securities abbreviation: Crystal Clear Electronic Material Co.Ltd(300655) Announcement No.: 2022-021 bond Code: 123031 bond abbreviation: Jingrui convertible bond
Bond Code: 123124 bond abbreviation: jingruizhuan 2
Crystal Clear Electronic Material Co.Ltd(300655)
Announcement on the progress of the company's guarantee for 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、 Overview of guarantee
Crystal Clear Electronic Material Co.Ltd(300655) (hereinafter referred to as "the company") held the 37th meeting of the second board of directors and the 2020 annual general meeting of shareholders on March 21, 2021 and April 20, 2021 respectively, deliberated and adopted the proposal on the guarantee amount of the company and its subsidiaries in 2021, in order to give play to the market financing function of the company and its subsidiaries within the scope of consolidated statements and improve financing efficiency, The company and its subsidiaries intend to provide guarantee for the subsidiaries within the scope of the consolidated statements of 2021 to apply for financing business from financial institutions and financial enterprises, and the amount of guarantee is expected to be no more than 740 million yuan, of which the company provides guarantee for the subsidiary Jiangsu Yangheng Chemical Co., Ltd. (hereinafter referred to as "Jiangsu Yangheng") no more than 510 million yuan. Guarantee methods include but are not limited to guarantee, pledge, mortgage and other methods; The specific guarantee amount and guarantee period shall be subject to the actually signed guarantee agreement. For details, please refer to cninfo (www.cn. Info. Com. CN.), the gem information disclosure website designated by China Securities Regulatory Commission on March 23, 2021 Relevant announcements of disclosure.
2、 Guarantee progress
In order to meet the production, operation and development needs of Jiangsu Yangheng, a holding subsidiary, the company recently signed the maximum guarantee contract (hereinafter referred to as "the contract") with Suzhou Branch of Ningbo Co., Ltd. (hereinafter referred to as " Bank Of Ningbo Co.Ltd(002142) Suzhou Branch"), The company provides joint and several liability guarantee for the creditor's rights formed between Bank Of Ningbo Co.Ltd(002142) Suzhou Branch and Jiangsu Yangheng according to a series of credit business contracts signed (hereinafter referred to as the "main contract"), with a maximum creditor's rights limit of RMB 40 million.
3、 Main contents of guarantee contract
1. Creditor: Bank Of Ningbo Co.Ltd(002142) Suzhou Branch
2. Debtor: Jiangsu Yangheng Chemical Co., Ltd
3. Guarantor: Crystal Clear Electronic Material Co.Ltd(300655)
4. Guarantee amount: the maximum limit of creditor's rights is 40 million yuan equivalent
5. Guarantee scope: the guarantee scope of this contract includes the principal and interest of the main creditor's right under the main contract, overdue interest, compound interest, penalty interest, liquidated damages, damages and legal fees, preservation fees, execution fees, lawyer's fees, travel expenses and other expenses for realizing the creditor's right, double interest during the delayed performance of effective legal documents and all other expenses payable.
For the part that actually exceeds the maximum limit of creditor's rights due to the increase of interest, overdue interest, compound interest, penalty interest, liquidated damages, damages, legal fees, preservation fees, execution fees, lawyer fees, travel expenses and other expenses for realizing creditor's rights, double interest during the delayed performance of effective legal documents and all other expenses payable, the guarantor shall voluntarily bear joint and several guarantee liability.
For the part that actually exceeds the maximum amount of creditor's rights due to the change of exchange rate, the guarantor also voluntarily assumes joint and several guarantee liability. 6. Guarantee mode: the guarantee mode of this contract is joint and several liability guarantee. If there are two or more guarantors in this contract, the guarantors shall be jointly and severally liable, and the creditor may require any Guarantor to bear all guarantee liabilities.
7. Warranty period:
(1) The guarantee period of the guarantor is two years from the expiration of the debtor's debt performance period agreed in the main contract. If the main contract stipulates that the debts are due in several installments, the guarantee period shall be two years from the date of expiration of the performance period of each debt. (2) If the creditor and the debtor reach an extension agreement on the performance period of the debt under the main contract, the guarantor's guarantee period shall be two years from the date of expiration of the debt performance period re agreed in the extension agreement.
(3) The guarantee period under off balance sheet businesses such as bank acceptance, bill acceptance, import letter of credit, standby letter of credit and bank guarantee (guarantee) shall be two years from the date of advance payment by the creditor.
(4) The guarantee period under the discount of bank / commercial acceptance bill is two years from the due date of the discounted bill. (5) In case of any event stipulated by laws and regulations or agreed in the main contract, resulting in the early maturity of the debt under the main contract, the guarantor's guarantee period shall be two years from the date of early maturity of the debt.
4、 Accumulated external guarantee quantity and overdue guarantee quantity
As of the disclosure date of this announcement, the total amount of external guarantees within the validity period decided by the company and its subsidiaries is RMB 950 million, accounting for 72.28% of the company's latest audited net assets. The company and its subsidiaries have no overdue guarantee amount, no external guarantee involving litigation, and the loss due to the judgment of losing the guarantee.
5、 Documents for future reference
Maximum guarantee contract.
It is hereby announced.
Crystal Clear Electronic Material Co.Ltd(300655) board of directors February 18, 2022
