Stock Code: 600590 stock abbreviation: Tellhow Sci-Tech Co.Ltd(600590) Announcement No.: pro 2022-003 bond Code: 163427 bond abbreviation: 20 Taihao 01
Tellhow Sci-Tech Co.Ltd(600590) about
Announcement of wholly owned subsidiaries providing guarantees for the company
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:
Name of the guaranteed: Tellhow Sci-Tech Co.Ltd(600590) (hereinafter referred to as ” Tellhow Sci-Tech Co.Ltd(600590) ” or “company”)
The guarantee amount and the guarantee balance actually provided for it: the guarantee amount to be provided for the company by the company’s wholly-owned subsidiary Taihao Power Technology Co., Ltd. (hereinafter referred to as “Taihao power”) does not exceed 300 million yuan. In addition to the above guarantee, Taihao power supply has not provided other guarantees to the company. Whether there is counter guarantee in this guarantee: None
Overdue external guarantee: None
1、 Overview of guarantee
In order to meet the needs of the company’s operation and development, within the relevant credit lines of the proposal on the authorization of the company’s 2021 bank credit line deliberated and approved by the 30th meeting of the seventh board of directors and the 2020 annual general meeting of shareholders, the company plans to apply to Shanghai Shanghai Pudong Development Bank Co.Ltd(600000) Nanchang Branch for a bank loan of no more than 200 million yuan and a term of no more than 3 years; It is proposed to apply to Bank Of Beijing Co.Ltd(601169) Nanchang Branch for a bank loan of no more than 100 million yuan with a term of no more than 1 year. Taihao power supply, a wholly-owned subsidiary of the company, plans to provide joint and several liability guarantee for the company’s above bank loans totaling 300 million yuan. Taihao power supply has fulfilled the internal decision-making review procedure for this guarantee, and the relevant guarantee agreement will be signed within the guarantee limit according to the bank’s final approval.
2、 Basic information of the guaranteed
1. Basic information
Name Tellhow Sci-Tech Co.Ltd(600590)
Enterprise nature Co., Ltd
Registered address: Tsinghua Taihao building, high tech Development Zone, Nanchang, Jiangxi
Legal representative: Li Ziqiang
The registered capital is 852.86975 million yuan
Power information and automation products, electronic products and communication equipment, power transmission and transformation supporting equipment, generators
Business scope and development of generator sets, motors and supporting equipment, environmental protection and energy-saving products, high-tech products
Production, sales and maintenance services; High tech project consultation and high-tech transfer and services, etc.
2. Financial situation
At present, Tellhow Sci-Tech Co.Ltd(600590) is in good operation and credit status. The financial data of the latest year is as follows: unit: 10000 yuan
September 30, 2021 December 31, 2020
Total assets 1310135.74 1387009.15
Total liabilities 829841.11 991798.58
Including: bank loan 348134.59 361805.38
Including: current liabilities 695568.19 838472.44
Net assets 480294.63 395210.57
Project: January September 2021 January December 2020
Operating income 326625.10 604458.94
Net profit 49226.20 -21647.15
Note: the above financial data of 2020 have been audited, and the financial data of the third quarter of 2021 have not been audited.
3、 Security agreement
In order to ensure the financing needs of the company’s normal production and operation, the guarantee limit is the expected maximum guarantee limit, and no specific guarantee contract has been signed. The company and Taihao power supply will sign a guarantee agreement within the guarantee limit according to the requirements of the bank according to the final approval of the bank.
4、 Accumulated external guarantees and overdue guarantees
As of the disclosure date of this announcement, the company’s accumulated external guarantee amount was 1497.47 million yuan, accounting for 41.84% of the company’s latest audited net assets. Among them, the total guarantee for holding subsidiaries was 1337.47 million yuan, accounting for 37.37% of the company’s latest audited net assets; The amount guaranteed for other companies is 160 million yuan (including 10000 yuan for affiliated companies), accounting for 4.47% of the company’s latest audited net assets. The company has no overdue guarantee or illegal guarantee.
It is hereby announced.
Tellhow Sci-Tech Co.Ltd(600590)
Board of directors
February 24, 2022
