Securities code: 600579 securities abbreviation: Kraussmaffei Company Limited(600579) No.: 2022-007 Kraussmaffei Company Limited(600579)
Announcement on external guarantee plan in 2022
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
The 2022 annual guarantee plan involves 32 wholly-owned subsidiaries of the company.
The amount involved in the guarantee plan in 2022 is 650 million euros (or equivalent RMB and other foreign currencies).
There is no counter guarantee in this guarantee.
The company has no overdue external guarantee.
This matter still needs to be submitted to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation.
1、 Overview of guarantee
(I) guarantee
In order to ensure the capital demand, promote business development, ensure the steady development of production and operation in 2022, and meet the needs of financing arrangements, Kraussmaffei Company Limited(600579) (hereinafter referred to as "the company") is a wholly-owned subsidiary of its subsidiaries, and the total amount of guarantee between its wholly-owned subsidiaries is expected to be no more than 650 million euros (or equivalent RMB and other foreign currencies). The amount of guarantee provided by the company to subsidiaries with asset liability ratio of less than 70% shall not exceed 231 million euros, and the amount of guarantee provided to subsidiaries with asset liability ratio of more than 70% (inclusive) shall not exceed 419 million euros.
The guarantee plan shall be effective within 12 months after being deliberated and approved by the general meeting of shareholders. See the following table for details: 1. The guarantee amount expected to be provided for subsidiaries with asset liability ratio less than 70% is as follows:
Serial No. guarantor: estimated guarantee amount of the guaranteed unit
Krauss Maffei Group GmbH, Germany Krauss Maffei Corporation USA € 2678600 1 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei technologies GmbH € 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei Group South East Asia Co., Ltd
Krauss Maffei Group GmbH, Germany Krauss Maffei group France SAS € 2678600 4 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei (Schweiz) AG, rotkreuz € 2678600 5 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei do Brasil LTDA € 2678600 6 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei Japan K.K. EUR 2678600 7 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei automation GmbH € 2678600 8 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei de Mexico S. de R.L. de C.V € 2678600 9 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei technologies India PVT Ltd € 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei group Benelux N.V. EUR 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei group Italia SRL EUR 2678600 12 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei high performance GmbH € 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei hig hperformance SA € 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei Group Singapore PTE. Ltd € 2678600 15 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei group andina S.A.S EUR 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei high performance Ag € 2678600 17 (km Group GmbH)
Krauss Maffei Group GmbH, Germany pultrex Ltd. EUR 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei extrusion GmbH € 2678600 19 (km Group GmbH)
Krauss Maffei Group GmbH, Germany OOo Krauss Maffei Rus EUR 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Kraussmaffei Company Limited(600579) Mafei machinery (China) Co., Ltd. EUR 2678600 21 (km Group GmbH)
22 Kraussmaffei Company Limited(600579) Kraussmaffei Company Limited(600579) mafi machinery (China) Co., Ltd. RMB 250 million
Tianhua chemical machinery and automation research and Design Institute Co., Ltd
23 Kraussmaffei Company Limited(600579) RMB 385 million company
Tianhua chemical machinery and automation research and Design Institute
24 Nanjing Tianhua Chemical Engineering Co., Ltd. RMB 245 million
25 Kraussmaffei Company Limited(600579) Fujian Tianhua Intelligent Equipment Co., Ltd. RMB 350 million
Total EUR 231 million
2. The amount of guarantee expected to be provided for subsidiaries with asset liability ratio of more than 70% is as follows:
Serial No. guarantor: estimated guarantee amount of the guaranteed unit
Krauss Maffei Group GmbH, Germany Krauss Maffei Korea Ltd. EUR 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei Italiana S.R.L. EUR 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei group UK Ltd € 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Krauss Maffei Technologies, spol. SRO EUR 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany plamag GmbH € 2678600 (km Group GmbH)
Krauss Maffei Group GmbH, Germany burgsm ü ller GmbH € 2678600 31 (km Group GmbH)
Krauss Maffei Group GmbH, Germany Shanghai Kraussmaffei Company Limited(600579) Mafei Machinery Co., Ltd. EUR 2678600 32 (km Group GmbH)
33 Kraussmaffei Company Limited(600579) China National Chemical Equipment 400 million euros (Luxemburg) s r.l.
Total Euro 419 million
The above guarantee plan is based on the prediction of the current business situation. In order to meet the actual needs of the company's production and operation, improve the flexibility of providing guarantee on the basis of controllable overall risk. Based on possible changes in the future, the guarantee plan can be adjusted between the above wholly-owned subsidiaries within the total guarantee amount under the same asset liability ratio category.
Within the scope of the above authorized amount, the company and its subsidiaries will handle specific guarantee matters according to the needs of the actual operation, which will not be submitted to the board of directors and the general meeting of shareholders for deliberation.
(II) internal decision-making procedures of the listed company on the performance of this guarantee
On February 18, 2022, the company held the 28th meeting of the 7th board of directors in written form. The proposal on the company's external guarantee plan in 2022 was deliberated and adopted by 9 votes in favor, 0 against and 0 abstention.
2、 Basic information of the guaranteed
Please refer to the appendix of this announcement for details.
3、 Opinions of the board of directors
The 28th meeting of the 7th board of directors of the company deliberated and approved the proposal on the company's external guarantee plan in 2022, and believed that the above guarantee plan was mainly sold by its wholly-owned subsidiaries
