Securities code: 300121 securities abbreviation: Shandong Yanggu Huatai Chemical Co.Ltd(300121) Announcement No.: 2022-008 Shandong Yanggu Huatai Chemical Co.Ltd(300121)
Announcement on the progress of mutual guarantee with Shandong gufengyuan Biotechnology Group Co., Ltd
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、 Basic information of this guarantee
Shandong Yanggu Huatai Chemical Co.Ltd(300121) (hereinafter referred to as "the company") deliberated and adopted the proposal on continuing to sign a mutual insurance agreement with Shandong gufengyuan Biotechnology Group Co., Ltd. at the fourth meeting of the Fifth Board of directors held on January 11, 2022. After deliberation and approval, it signed a mutual insurance agreement and agreed with Shandong gufengyuan Biotechnology Group Co., Ltd. (hereinafter referred to as "gufengyuan"), The company provided guarantee for the extension of Gu Fengyuan's 9 million yuan loan in Yanggu branch of industrial and Commercial Bank of China. Meanwhile, Gu Fengyuan promised to repay the bank loan principal guaranteed by the company at least 10 million yuan before December 31, 2022, and control the total guarantee amount of the company to Gu Fengyuan below 46.49 million yuan. For the guarantee provided by the above company for Gu Fengyuan, the controlling shareholder of Gu Fengyuan Zhu Bingchen and his spouse LV Yang, Zhu Peifeng, the son of Zhu Bingchen and his spouse Wang Jing, and Shandong baianrui Biological Pharmaceutical Co., Ltd. controlled by Zhu Peifeng will provide joint and several liability counter guarantee to the company. The specific contents of the announcement on continuing to sign a mutual insurance agreement with Shandong gufengyuan Biotechnology Group Co., Ltd. are detailed in the announcement disclosed on the designated information disclosure website cninfo.com on January 12, 2022 (Announcement No.: 2022-003). 2、 Progress of external guarantee
On February 29, 2020, the company signed the guarantee contract with Industrial And Commercial Bank Of China Limited(601398) Yanggu sub branch, agreeing to provide joint and several liability guarantee for the liabilities of RMB 10 million formed by the working capital loan contract signed by Gu Fengyuan and Industrial And Commercial Bank Of China Limited(601398) Yanggu sub branch, For details, see the progress announcement on mutual guarantee with Shandong gufengyuan Biotechnology Group Co., Ltd. (Announcement No.: 2020-024) disclosed on cninfo.com on March 12, 2020. On March 27, 2021, Gu Fengyuan signed the loan extension agreement with Yanggu branch of industrial and Commercial Bank of China Limited to extend some of the above loans, of which 1 million yuan has been repaid and 9 million yuan has been extended. The company provides joint and several liability guarantee for the above liabilities of 9 million yuan formed by gufengyuan and Yanggu sub branch of China Industrial And Commercial Bank Of China Limited(601398) Co., Ltd. for details, see the progress announcement on mutual guarantee with Shandong gufengyuan Biotechnology Group Co., Ltd. (Announcement No.: 2021-019) disclosed on cninfo.com on March 31, 2021. On February 21, 2022, Gu Fengyuan and Industrial And Commercial Bank Of China Limited(601398) Yanggu sub branch signed the loan extension agreement to continue the extension of the above part of the loan, of which 500000 yuan has been repaid, the extension amount is 8.5 million yuan, and the loan term is extended to December 31, 2022. The company provides joint and several liability guarantee for the above liabilities of 8.5 million yuan formed by gufengyuan and Industrial And Commercial Bank Of China Limited(601398) Yanggu sub branch.
3、 Accumulated external guarantee
As of the disclosure date of this announcement, the total external guarantee of the company and its holding subsidiaries was 104.79 million yuan, accounting for 6.33% of the audited net assets of the company in 2020. Among them, the company's total guarantee for the wholly-owned subsidiary Shandong Derek new materials Co., Ltd. is 48.8 million yuan, accounting for 2.95% of the company's audited net assets in 2020; The total amount guaranteed to Shandong gufengyuan Biotechnology Group Co., Ltd. is 55.99 million yuan, accounting for 3.38% of the company's audited net assets in 2020.
It is hereby announced.
Board of directors February 25, 2002
