Securities code: Guangdong Redwall New Materials Co.Ltd(002809) securities abbreviation: Guangdong Redwall New Materials Co.Ltd(002809) Announcement No.: 2022014 Guangdong Redwall New Materials Co.Ltd(002809)
Announcement on capital increase of wholly-owned subsidiaries and completion of industrial and commercial change registration
The company and all directors guarantee that the contents of this announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of this capital increase
1. In order to enhance the capital strength of the wholly-owned subsidiary Huizhou Hongqiang Chemical Co., Ltd. (hereinafter referred to as “Hongqiang chemical”) and ensure the smooth implementation of the “project of Huizhou Hongqiang Chemical Co., Ltd. with an annual output of 320000 tons of ethylene oxide and propylene oxide derivatives”, Guangdong Redwall New Materials Co.Ltd(002809) (hereinafter referred to as “the company”) increased the capital of Hongqiang chemical by 70 million yuan with its own funds. After the capital increase, the registered capital of Hongqiang chemical will increase from 80 million yuan to 150 million yuan.
2. According to the articles of association and the foreign investment management system of the company, this capital increase belongs to the matters authorized by the board of directors of the company for examination and approval, and does not need to be submitted to the board of directors and the general meeting of shareholders of the company for deliberation and approval. 3. This capital increase is an investment in a wholly-owned subsidiary and does not constitute a related party transaction or a major asset reorganization specified in the administrative measures for major asset reorganization of listed companies.
Recently, Hongqiang chemical has completed the industrial and commercial change registration procedures and obtained the business license renewed by the market supervision and Administration Bureau of Huizhou Daya Bay Economic and Technological Development Zone. The relevant registration information is as follows:
1. Name: Huizhou Hongqiang Chemical Co., Ltd
2. Type: limited liability company (sole proprietorship of legal person invested or controlled by natural person)
3. Address: 8th floor, innovation building, No. 1, zhongkeji Road, Shihua Avenue, Daya Bay West District, Huizhou
4. Registered capital: RMB 150 million
5. Legal representative: Wang Hongbo
6. Unified social credit Code: 91441304ma55warr5u
7. Date of establishment: January 20, 2021
8. Business scope: Sales of special chemical products (excluding hazardous chemicals); Research and development of new material technology; Technical services, technical development, technical consultation, technical exchange, technology transfer and technology promotion; Import and export of goods. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments).
2、 Financial data of Hongqiang chemical in recent years
Unit: Yuan
Project: September 30, 2021 December 31, 2020
Total assets 7004127809-
Total liabilities 6 Jiangsu Yangnong Chemical Co.Ltd(600486) 7-
Net assets 6938122942-
Project from January to September 2021 to 2020
Operating income 0-
Total profit -62011830-
Net profit -62011830-
Note: the above financial data have not been audited.
3、 Purpose of this capital increase and its impact on the company
The company uses its own funds to increase the capital of its subsidiaries in order to enhance the capital strength of Hongqiang chemical and ensure the smooth implementation of “Huizhou Hongqiang Chemical Co., Ltd. annual output of 320000 tons of ethylene oxide and propylene oxide derivatives project”. This capital increase is a capital increase for subsidiaries within the scope of the company’s consolidated statements, and will not have a significant impact on the company’s financial status and operating results.
It is hereby announced.
Guangdong Redwall New Materials Co.Ltd(002809) board of directors March 2, 2022
