Securities code: 300101 securities abbreviation: Chengdu Corpro Technology Co.Ltd(300101) Announcement No.: 2022-013 Chengdu Corpro Technology Co.Ltd(300101)
Announcement on providing guarantee for wholly-owned subsidiaries to apply for bank loans
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
1. Due to the needs of production and operation, Chengdu Guoyi Electronic Technology Co., Ltd. (hereinafter referred to as “Guoyi Electronics”), a wholly-owned subsidiary of Chengdu Corpro Technology Co.Ltd(300101) (hereinafter referred to as “the company”), plans to apply for a working capital loan of no more than 50 million yuan from Bank Of Chengdu Co.Ltd(601838) high tech sub branch, and the company will provide joint and several liability guarantee for it. In view of the current stable financial situation, good operation and controllable financial risk of Guoyi electronics, the company plans to provide guarantee for Guoyi electronics to apply for the above loan.
2. At the 11th meeting of the 5th board of directors held on February 23, 2022, the company deliberated and approved the proposal on providing guarantee for wholly-owned subsidiaries to apply for bank loans. In accordance with the relevant provisions of the Shenzhen Stock Exchange GEM Listing Rules, Shenzhen Stock Exchange listed companies self regulatory guidelines No. 2 – standardized operation of GEM listed companies, and the articles of association, the company’s provision of guarantees to wholly-owned subsidiaries is reviewed and approved by the board of directors and does not need to be submitted to the general meeting of shareholders for deliberation.
2、 Basic information of the guaranteed
1. Basic information
Company name: Chengdu Guoyi Electronic Technology Co., Ltd
Company type: limited liability company (sole proprietorship of legal person invested or controlled by non natural person)
Date of establishment: April 23, 2014
Address: No. 1, floor 6 and No. 1-2, floor 7, unit 1, building 2, No. 10, Keyuan 2nd Road, high tech Zone, Chengdu
Legal representative: Yang Guoyong
Registered capital: 50 million yuan
Business scope: design, production (only limited to product assembly, commissioning and testing), sales of electronic equipment, security equipment and systems (except those specially stipulated by the state), electronic components; Software development; Information system integration; Network engineering design and construction (operate with qualification license); Network technology transfer and technical consultation; Data processing and storage services; Import and export of goods and technology; Electronic and intelligent engineering design and construction (operating with qualification license); R & D and sales of electronic products; Design, production, agency and release of advertisements (except balloon advertisements); Sales: optical fiber and optical cable, wire and cable, metal materials and products (excluding rare and precious metals), building materials, communication equipment (excluding wireless radio and television transmission and satellite ground receiving equipment), fire fighting equipment, power equipment and spare parts, electrical equipment, cable tray, mechanical equipment and accessories, and electromechanical products; Electronic equipment technical services (business activities can only be carried out after the approval of relevant departments for projects that must be approved according to law).
2. Relationship with the company: Guoyi electronics is a wholly-owned subsidiary of the company.
3. Financial and accounting information of the guarantor in the latest year and period
Unit: Yuan
December 31, 2020 September 30, 2021
Total assets 167290701.66 232875510.16
Total liabilities 100278056.09 157601703.72
Including: bank loan 55000000.00 65000000.00
Current liabilities 97620466.78 152327993.98
Net assets 67012645.57 75273806.44
Total amount involved in contingencies 0.00 0.00
2020 January September 2021
Operating income 57437112.28 53133385.78
Total profit 3286135.56 9084155.09
Net profit 3393222.53 8261160.87
Note: the above financial data of 2020 have been audited by Sichuan Huaxin (Group) Certified Public Accountants (special general partnership), and the financial data from January to September 2021 have not been audited.
3、 Main contents of the guarantee agreement
1. Way of guarantee: guarantee.
2. Guaranteed principal creditor’s rights: working capital loans of no more than 20 million yuan with a term of one year and no more than 30 million yuan with a term of two years.
3. Guarantee period: three years from the date when the trustee’s debt performance period agreed in the specific credit business contract or agreement expires (if the specific credit business contract or agreement expires early due to events specified or agreed by law, it is the date of early maturity). The specific guarantee period shall be subject to the period agreed in the guarantee agreement or guarantee documents signed by all parties.
4. The rights and obligations of the company’s specific guarantee shall be subject to the guarantee contract signed with Bank Of Chengdu Co.Ltd(601838) high tech sub branch.
4、 Opinions of the board of directors
1. The company provides guarantee for Guoyi electronic to apply for bank loan, which can further meet its capital needs for business development and is conducive to its business expansion. At present, the wholly-owned subsidiary Guoyi electronics plans to apply to Bank Of Chengdu Co.Ltd(601838) high tech sub branch for a working capital loan of no more than 50 million yuan, which will be guaranteed by the company. 2. The board of Directors believes that in view of the current stable financial situation, good operation and debt repayment ability of Guoyi electronics, and the financial risk of the guarantee amount determined this time is within the controllable range of the company, it will not have an adverse impact on the operation of the company and the interests of shareholders.
5、 Accumulated external guarantees and overdue guarantees
The guarantee amount accounts for 4.93% of the company’s audited net assets attributable to listed companies in 2020. As of the date of this announcement, the cumulative external guarantee balance of the company and its holding subsidiaries is 123 million yuan (excluding this guarantee). After this guarantee is approved by the board of directors, the cumulative external guarantee amount of the company and its holding subsidiaries is 173 million yuan, accounting for 17.07% of the company’s audited net assets attributable to listed companies in 2020.
As of the date of this announcement, the company and its wholly-owned subsidiaries have no overdue external guarantee, no external guarantee involving litigation and losses due to the judgment of losing the guarantee.
6、 Other
After the disclosure of this guarantee, the company will timely disclose the signing of the guarantee agreement and other progress or changes in the follow-up.
7、 Documents for future reference
1. Chengdu Corpro Technology Co.Ltd(300101) resolution of the 11th meeting of the 5th board of directors.
It is hereby announced
Chengdu Corpro Technology Co.Ltd(300101) board of directors
February 23, 2022
