Jinke Property Group Co.Ltd(000656)
Announcement on the progress of guarantee provided by holding subsidiaries to participating companies
Securities abbreviation: Jinke Property Group Co.Ltd(000656) securities code: 000656 Announcement No.: 2022-031
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. Special tips:
1. Jinke Property Group Co.Ltd(000656) (hereinafter referred to as “the company”) and its holding subsidiaries (hereinafter referred to as “the holding subsidiaries”) within the scope of consolidated statements, the total amount of external guarantee exceeds 100% of the latest net assets, and the amount of guarantee to the holding subsidiaries with asset liability ratio exceeding 70% exceeds 50% of the latest net assets of the company, As well as the guarantee amount approved for the joint-stock companies outside the consolidated statements exceeds 30% of the net assets of the latest period, which draws investors’ full attention to the guarantee risk.
2. In principle, the company and its holding subsidiaries and other shareholders provide guarantee for the financing of participating real estate project companies according to the shareholding ratio of the company in accordance with the joint venture and cooperation agreement. If, according to the requirements of financial institutions, the company and its holding subsidiaries provide guarantees in excess of the company’s shareholding ratio, in order to further prevent guarantee risks, the company will require other shareholders or joint-stock real estate project companies to provide counter guarantees.
1、 Guarantee overview
1. Hunan jinkejingchao Industrial Development Co., Ltd. (hereinafter referred to as “Hunan jinkejingchao”) with 53% equity held by the company received a loan of 130 million yuan from China Construction Bank Corporation(601939) Changsha Xingsha sub branch for a period of three years. Hunan jinkejingchao provided mortgage guarantee with its legally held real estate, Chongqing Jinke Real Estate Development Co., Ltd. (hereinafter referred to as “Chongqing Jinke”), the holding subsidiary of the company, and other shareholders of Hunan Jinke Jingchao provide joint and several liability guarantee.
The company held the fifth meeting of the 11th board of directors on April 23, 2021. The meeting deliberated and approved the proposal on increasing the guarantee amount for some joint-stock real estate project companies. The proposal was deliberated and approved by the company’s 2021 annual general meeting of shareholders, and the available guarantee amount of Hunan jinkejing was 270 million yuan. The guarantee amount provided to Hunan jinkejingchao is within the limit approved by the above proposal and does not need to be submitted to the general meeting of shareholders for deliberation. See Table 1 for the guarantee balance and available guarantee amount of Hunan jinkejingchao before and after this guarantee.
2. Shenyang fuyutianxia Real Estate Development Co., Ltd. (hereinafter referred to as “Shenyang fuyutianxia”), a 50% shareholding company of the company, received a loan of 250 million yuan from Shenyang Branch of Bohai bank for a period of three years. Shenyang fuyutianxia provided mortgage guarantee with its legally held real estate, and Chongqing Jinke provided joint and several liability guarantee for it, The partners Shenyang Fuyu Enterprise Management Group Co., Ltd. and Shenyang Fuyu Tianxia provide counter guarantee for Chongqing Jinke.
3. Chongqing weisler Construction Co., Ltd. (hereinafter referred to as “Chongqing weisler”), a joint-stock company with 50.01% equity of the company, accepted the financing of 292.5679 million yuan provided by Chongqing Branch of China Greatwall Technology Group Co.Ltd(000066) Asset Management Co., Ltd. for a period of 36 months. The company is regarded as a joint debtor. Chongqing weisler provides mortgage guarantee with its own real estate, Chongqing Jinke shangzun Real Estate Co., Ltd. (hereinafter referred to as “Chongqing Jinke shangzun”), the holding subsidiary of the company, and Guangzhou Tianjing Real Estate Development Co., Ltd. provide pledge guarantee with its equity of Chongqing weisler, and Chongqing Jinke provides joint and several liability guarantee for it, Chongqing weisler provides counter guarantee to Chongqing Jinke, and the partner Guangdong Zhongtai Industrial Group Co., Ltd. provides counter guarantee to Chongqing Jinke for the excess guarantee.
4. Henan Jinshang Baishi Real Estate Co., Ltd. (hereinafter referred to as “Henan Jinshang Baishi”), a joint-stock company with 50.10% equity of the company, accepted China Citic Bank Corporation Limited(601998) a loan of 116 million yuan from Zhengzhou Nanyang Road sub branch for a period of 7 months, and Zhengzhou qianshang Real Estate Co., Ltd. was regarded as a joint debtor. Zhengzhou Jinke Baijun Real Estate Development Co., Ltd. (hereinafter referred to as “Zhengzhou Jinke Baijun”), the holding subsidiary of the company, provides pledge guarantee with its equity of Henan Jinshang Baishi, and Chongqing Jinke provides full joint and several liability guarantee.
The company held the 17th meeting of the 11th board of directors on January 28, 2022. The meeting deliberated and adopted the proposal on increasing the guarantee amount for some joint-stock real estate project companies, and the proposal was deliberated and adopted at the third extraordinary general meeting of shareholders in 2022, including Henan Jinsha Baishi, Chongqing weisler After deliberation, the available guarantee limits of Shenyang fuyutianxia are 116 million yuan, 292.5679 million yuan and 250 million yuan respectively. The guarantee amount provided to the above participating companies this time is within the limit approved by the above proposal and does not need to be submitted to the general meeting of shareholders for deliberation. See Table 1 for the guarantee balance and available guarantee amount of the above participating companies before and after this guarantee. Table 1: review of relevant guarantee amount and guarantee balance of the guaranteed company are as follows:
Table of guaranteed amount review and guaranteed balance of the guaranteed party
Unit: 10000 yuan
The guarantor and the guaranteed party can guarantee the guarantee balance before and after the guarantee after the approval. The remaining available guarantee amount and guarantee balance (note) guarantee amount
Chongqing Jinke Hunan Jinke Jingchao 27000.00 – 13000.00 14000.00
Chongqing Jinke Shenyang fuyutianxia 25000.00 – 25000.00-
Chongqing Jinke Chongqing weisler
Chongqing Jinke shangzun 29256.79 – 29256.79-
Zhengzhou Jinke Baijun Henan Jinshang Baishi 11600.00 – 11600.00-
Chongqing Jinke
Total 92856.79 – 78856.79 14000.00
Note: after this guarantee, the guaranteed balance of the guaranteed party shall be subject to the actual capital arrival.
2、 Basic information of the guaranteed
1. Company name: Hunan Jinke Jingchao Industrial Development Co., Ltd
Date of establishment: January 5, 2015
Registered address: Jinke yidake, No. 77, south section of Dongliu Road, Changsha Economic and Technological Development Zone (Langli Street)
Building A1, technology city
Legal representative: Hu bin
Registered capital: 100 million yuan
Main business: real estate development and operation, etc
Relationship with the company: the company holds 53% of its equity, and Hunan Jingchao Group Co., Ltd. holds 47%
Equity in. The company has no relationship with other shareholders.
Ownership structure:
Hu bin, he Qiongyu
(the company)
Jinke Industrial Investment Development Group Co., Ltd. Hunan Jingchao Group Co., Ltd
53% 47%
Hunan jinkejingchao Industrial Development Co., Ltd
By the end of 2020, the company had total assets of 987.6983 million yuan, total liabilities of 690.902 million yuan and net assets of 296.7963 million yuan. In 2020, the company realized operating income of 77.354 million yuan, total profit of -38.412 million yuan and net profit of -31.904 million yuan.
By the end of September 2021, the total assets of the company were 123246400 yuan, the total liabilities were 922804800 yuan, and the net assets were 309659200 yuan. From January to September 2021, the company realized an operating revenue of 26947400 yuan, a total profit of 17557600 yuan and a net profit of 12877100 yuan.
The company is not a dishonest person.
2. Company name: Shenyang fuyutianxia Real Estate Development Co., Ltd
Date of establishment: April 9, 2020
Registered address: No. 47, Huanghai Road, Yuhong District, Shenyang, Liaoning
Legal representative: Xue Yi
Registered capital: 133 million yuan
Main business: real estate development and sales, etc
Relationship with the company: the company holds 50% of its equity, Shenyang Fuyu Enterprise Management Group Co., Ltd. holds 50% of its equity, and the company has no affiliated relationship with other shareholders.
Ownership structure:
Jinke Real Estate Group Co., Ltd
(the company)
Bao Xiaolong Chongqing Jinke Real Estate Development Co., Ltd
Teyu Industrial Development (Shanghai) Co., Ltd. Shenyang Jinke Junkai Real Estate Development Co., Ltd
company
Shenyang Fuyu Enterprise Management Group Co., Ltd. Shenyang Jinjing Enterprise Management Co., Ltd
50% 50%
Shenyang fuyutianxia Real Estate Development Co., Ltd
By the end of 2020, the company had total assets of 242.5411 million yuan, total liabilities of 212.8749 million yuan and net assets of 29.6662 million yuan. In 2020, the company realized operating income of 0 million yuan, total profit of -442400 yuan and net profit of -333800 yuan.
By the end of September 2021, the company had total assets of 237229500 yuan, total liabilities of 28227400 yuan and net assets of 209 million yuan. From January to September 2021, the company realized operating income of 0 million yuan, total profit of -885400 yuan and net profit of -664100 yuan.
The company is not a dishonest person.
3. Company name: Chongqing weisler Construction Co., Ltd
Date of establishment: December 15, 2017
Registered address: No. 189, Jinfu Road, Tongxi Town, Hechuan District, Chongqing
Legal representative: Lei Zhengming
Registered capital: 100 million yuan
Main business: real estate development
Relationship with the company: the company holds 50.01% of its equity, and Guangzhou Tianjing Real Estate Development Co., Ltd. holds 49.99% of its equity. The company has no relationship with other shareholders.
Ownership structure:
Chen Yan, Li Yong, Zhang Ning, Li Xusheng
Jinke Real Estate Group Co., Ltd. (the company) Guangzhou Tiangong Property Co., Ltd
(Division)
Chongqing Jinke Real Estate Development Co., Ltd. Guangdong Zhongtai Real Estate Development Co., Ltd
Chongqing Jinke shangzun Real Estate Co., Ltd. Guangzhou Tianjing Real Estate Development Co., Ltd
