Securities code: Jiangsu Yueda Investment Co.Ltd(600805) securities abbreviation: Jiangsu Yueda Investment Co.Ltd(600805) No.: Lin 2022007 Jiangsu Yueda Investment Co.Ltd(600805)
Announcement on providing guarantee for wholly-owned subsidiaries
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:
Guarantor:
Jiangsu Yueda Cotton Textile Co., Ltd. (hereinafter referred to as "Yueda cotton textile company")
The quantity of this guarantee and its cumulative guarantee quantity
This Jiangsu Yueda Investment Co.Ltd(600805) (hereinafter referred to as "the company" or "the company") is the 90 million yuan credit line applied by Yueda cotton textile company to Bank Of Nanjing Co.Ltd(601009) Yancheng branch, Bank Of Jiangsu Co.Ltd(600919) Yancheng Chengzhong sub branch, the 45 million yuan credit line applied by Bank of China Yancheng branch and the 200 million yuan credit line applied by CCB Yancheng Jianjun sub branch, Provide joint and several liability guarantee, with a total credit line of 405 million yuan, including a new credit line of 25 million yuan and a follow-up credit line of 380 million yuan, all with a term of one year. Up to now, with this guarantee, the company has provided 515 million yuan of guarantee for it. Cumulative quantity of external guarantee
Up to now, the total amount of external guarantees provided by the company and its holding subsidiaries is 2345783000 yuan (including this time), including 1190460000 yuan for the holding company and 955323000 yuan for the controlling shareholder and its subsidiaries, accounting for 47.54%, 24.13% and 19.36% of the company's audited net assets as of December 31, 2020 respectively.
Up to now, the company has no overdue external guarantee.
1、 Overview of guarantee
Due to business needs, Yueda cotton textile company applied to Bank Of Nanjing Co.Ltd(601009) Yancheng branch for a credit line of 90 million yuan, Bank Of Jiangsu Co.Ltd(600919) Yancheng Chengzhong sub branch for a credit line of 45 million yuan, Bank of China Yancheng branch for a credit line of 70 million yuan and CCB Yancheng Jianjun sub branch for a credit line of 200 million yuan. The company provided joint and several liability guarantee, with a total credit line of 405 million yuan, Among them, a new credit line of 25 million yuan and a follow-up credit line of 380 million yuan are added, all with a term of one year. After deliberation and approval at the 5th meeting of the 11th board of directors of the company, it is agreed that the company will provide joint and several liability guarantee for Yueda cotton textile company for the above total credit line of 405 million yuan, with a term of one year. This guarantee does not need to be submitted to the general meeting of shareholders of the company for deliberation.
2、 Basic information of the guaranteed
Yueda Cotton Textile Co., Ltd. was established on June 26, 2014, legal representative: Yan Guohua, registered capital: RMB 300 million, registered place: No. 699, Century Avenue, Yancheng City, business scope: manufacturing and sales of cotton, hemp, wool, silk and man-made fibers and their pure and blended yarns and fabrics. Jiangsu Yueda Textile Group Co., Ltd. holds 100% equity of Yueda cotton textile company, and the company holds 100% equity of Jiangsu Yueda Textile Group Co., Ltd.
As of November 30, 2021, Yueda cotton textile company had total assets of 10599835 million yuan and owner's equity of 4013328 million yuan. From January to November 2021, the operating income was 920682700 yuan, and the net profit attributable to the parent company was 353274 million yuan (the data was Unaudited).
3、 Main contents of the guarantee agreement
1. Guarantee method: joint and several liability guarantee
2. Guarantee amount: Bank Of Nanjing Co.Ltd(601009) Yancheng branch 90 million yuan, Bank Of Jiangsu Co.Ltd(600919) Yancheng Chengzhong sub branch 45 million yuan, Bank of China Yancheng branch 70 million yuan, China Construction Bank Yancheng Jianjun sub branch 200 million yuan
3. Guarantee period: one year
4、 Opinions of the board of directors
In order to support the production and operation of Yueda cotton textile company, the board of directors agreed that the company would provide the 90 million yuan credit line applied by Yueda cotton textile company to Bank Of Nanjing Co.Ltd(601009) Yancheng branch, Bank Of Jiangsu Co.Ltd(600919) Yancheng Chengzhong sub branch, the 45 million yuan credit line applied by Bank of China Yancheng branch, the 70 million yuan credit line applied by Bank of China Yancheng branch and the 200 million yuan credit line applied by CCB Yancheng Jianjun sub branch, Provide joint and several liability guarantee for a period of one year.
5、 Accumulated external guarantees and overdue guarantees
Up to now, the total amount of external guarantees provided by the company and its holding subsidiaries is 2345783000 yuan (including this time), including 1190460000 yuan for the holding company and 955323000 yuan for the controlling shareholder and its subsidiaries, accounting for 47.54%, 24.13% and 19.36% of the company's audited net assets as of December 31, 2020 respectively. The company has no external guarantee overdue.
6、 Directory of documents for future reference
Resolution of the 5th meeting of the 11th board of directors of the company.
It is hereby announced.
Jiangsu Yueda Investment Co.Ltd(600805) March 1, 2022
