Securities code: 001979 securities abbreviation: China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) Announcement No. [cmsk] 2022-020 China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979)
Announcement on providing guarantee for investment promotion land
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of guarantee
The holding subsidiary of China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) (hereinafter referred to as “the company” or “the company”), China Merchants land Co., Ltd. (hereinafter referred to as “China Merchants land”, stock code: 0978. HK), applied for a loan of RMB 550 million from China Merchants Bank Co.Ltd(600036) Shenzhen Branch (hereinafter referred to as ” China Merchants Bank Co.Ltd(600036) Shenzhen Branch”), with a loan term of three years. The company provides joint and several guarantee liability for the above loans, with the guarantee principal amount not exceeding RMB 550 million (the guarantee scope is subject to the irrevocable guarantee signed by the company and China Merchants Bank Co.Ltd(600036) Shenzhen Branch), and the guarantee period is from the effective date of the guarantee to the maturity date of the loan plus three years.
The company held the ninth meeting of the second board of directors and the 2020 annual general meeting of shareholders on March 19, 2021 and June 25, 2021 respectively, deliberated and adopted the proposal on considering the provision of guarantee limit for holding subsidiaries, and agreed that the company would provide guarantee limit of no more than 55 billion yuan for the credit business and other businesses of banks and other financial institutions of the company’s holding subsidiaries, Among them, the amount of guarantee provided by the company for holding subsidiaries with asset liability ratio of more than 70% shall not exceed 35 billion yuan, and the validity of the guarantee amount shall be from the date of deliberation and approval of the 2020 annual general meeting of shareholders to the date of resolution of the 2021 annual general meeting of shareholders. After this guarantee, the balance of the amount of guarantee provided by the company for holding subsidiaries is 18.003 billion yuan, of which the balance of the amount of guarantee provided by the company for holding subsidiaries with asset liability ratio of more than 70% is 18.003 billion yuan. This guarantee is within the scope of the above guarantee amount, and there is no need for the company to hold a separate board of directors and shareholders’ meeting for deliberation.
2、 Basic information of the guaranteed
China Merchants land was established in April 1997 with a registered capital of 39.13 million yuan; Place of registration: Cayman Islands; The company holds 74.35% of its equity; Company type: limited company; Main business: investment holding. As of December 31, 2020, the total assets were 111.025 billion yuan, the total liabilities were 79.759 billion yuan and the net assets were 31.267 billion yuan; The operating revenue is 18.956 billion yuan and the net profit is 1.513 billion yuan; As of June 30, 2021, the total assets were 135.034 billion yuan, the total liabilities were 103.368 billion yuan, the net assets were 31.666 billion yuan, the balance of external guarantee was 1.440 billion yuan, the operating revenue was 7.304 billion yuan and the net profit was 560 million yuan. China Merchants land has no mortgage and litigation matters, and is not a dishonest executee.
3、 Main contents of the guarantee agreement
The company provides joint and several guarantee liability for the 550 million yuan loan applied by China Merchants land to China Merchants Bank Co.Ltd(600036) Shenzhen Branch, with the guarantee principal amount not exceeding 550 million yuan (the guarantee scope is subject to the irrevocable guarantee signed by the company and China Merchants Bank Co.Ltd(600036) Shenzhen Branch), and the guarantee period is from the effective date of the guarantee to the maturity date of the loan plus three years.
4、 Company opinion
China Merchants land replenishes liquidity funds through financing, which is conducive to promoting its business development. China Merchants land is a holding subsidiary of the company, with controllable guarantee risk and debt repayment ability, which will not affect the normal operation and business development of the company.
5、 Accumulated external guarantees and overdue guarantees
As of the announcement date, the total external guarantee of the company and its holding subsidiaries (excluding the sales mortgage guarantee provided by the subsidiaries to customers) was 40.934 billion yuan, accounting for 40.38% of the company’s latest audited net assets attributable to the shareholders of the parent company; The guarantee balance provided by the company and its holding subsidiaries to units outside the consolidated statements was 6.104 billion yuan, accounting for 6.02% of the net assets of the Company attributable to the shareholders of the parent company in the latest audit; The company and its holding subsidiaries did not have overdue guarantees, guarantees involving litigation and losses due to the judgment of losing the guarantee. It is hereby announced.
China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) board of directors
February 19, 2002
