Securities code: Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) securities abbreviation: Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) announcement Code: (2022) No. 009 Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705)
Progress announcement on guarantee for wholly-owned subsidiaries
Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) (hereinafter referred to as " Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) ," the company "or" 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
Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) the second meeting of the sixth board of directors held on April 27, 2021 and the 2020 annual general meeting of shareholders held on May 21, 2021 deliberated and adopted the proposal on the company providing guarantee for subsidiaries in 2021, It is agreed that the company will provide joint and several liability guarantee of no more than RMB 45 million for the financing business (for non current capital loan, working capital loan, opening bank acceptance bill, letter of credit, discount of commercial acceptance bill, documentary bill and other businesses) of the wholly-owned subsidiary Foshan Shunde Dongling smart Electric Appliance Technology Co., Ltd. (hereinafter referred to as "Dongling smart"), Provide joint and several liability guarantee of no more than RMB 100 million for the financing business (for non current capital loan, working capital loan, opening bank acceptance bill, letter of credit, discount of commercial acceptance bill, documentary bill and other businesses) of the wholly-owned subsidiary Foshan Shunde Qingling die casting products Co., Ltd. (hereinafter referred to as "Qingling die casting"). For details, please refer to the company's website on April 28, 2021（ http://www.cn.info.com.cn. ）Announcement of Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) on providing guarantee for subsidiaries (Announcement No.: 2021028) published.
2、 Guarantee progress
On March 1, 2022, the company signed the maximum irrevocable guarantee (No. "757xy202200415601" and "757xy202200390601" respectively) to China Merchants Bank Co.Ltd(600036) Foshan branch (hereinafter referred to as "China Merchants Bank Foshan branch"), Agree to assume joint and several liability guarantee for all debts under the credit agreement (No. "757xy2022004156" and "757xy2022003906" respectively) signed between Dongling wisdom and Qingling die casting and China Merchants Bank Co.Ltd(600036) Foshan branch, and the maximum principal balance of the guaranteed creditor's rights is RMB 100 million and RMB 30 million respectively.
3、 Basic information of this guarantee
Percentage of guarantee amount
After the approval of the guarantor and the secured party, the total amount used this time is available
Whether the listed company is most concerned with the guarantee amount of the guarantor's shareholding in the latest period of capital guarantee amount guarantee amount guarantee amount
The proportion of net assets guaranteed by the insurer in the recent period, asset liability ratio (10000 yuan) (10000 yuan) (10000 yuan)
Production ratio
Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) Dongling wisdom 100% 48.41% 45 Tcl Technology Group Corporation(000100) 00 229507.29% no
Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) Qingling die casting 100% 88.06% 1 Fawer Automotive Parts Limited Company(000030) 00 4000 1.62% no
4、 Main contents of the maximum irrevocable guarantee
(I) the maximum irrevocable guarantee signed by the company for Dongling wisdom
1. Guarantor: Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705)
Lender: China Merchants Bank Co.Ltd(600036) Foshan branch
Credit applicant: Foshan Shunde Dongling smart electric appliance technology Co., Ltd
2. This guarantee is the maximum guarantee. During the credit period, China Merchants Bank Co.Ltd(600036) Foshan branch can provide loans to
The credit applicant provides credit. Specific types of credit business and amount of credit line, and whether there are differences among various types of credit business
The adjustable use and specific use conditions shall be subject to the contents approved by China Merchants Bank Co.Ltd(600036) Foshan branch.
If China Merchants Bank Co.Ltd(600036) Foshan branch adjusts the original approval opinions according to the application of the credit applicant during the credit period
The subsequent approval opinions issued by China Merchants Bank Co.Ltd(600036) Foshan branch constitute a supplement and change to the original approval opinions, and
And so on. The maturity date of each specific business may be later than the maturity date of the credit period agreed in the credit agreement.
3. Guarantee scope:
The scope of guarantee provided by the guarantor is that China Merchants Bank Co.Ltd(600036) Foshan branch provides credit in accordance with the credit agreement
The sum of the principal balance of loans and other credits provided to the credit applicant under the credit line (the maximum limit is RMB)
100 million yuan only), as well as relevant interest, default interest, compound interest, liquidated damages, liquidated damages for delay in performance, factoring fees
Costs of realizing the security right and other related costs.
4. Guarantee method: the guarantor shall bear all the debts of the credit applicant within the guarantee scope economically and legally
Legal joint and several liability.
5. Warranty period:
The guarantee liability period of the guarantor is from the effective date of this guarantee to each transaction under the credit agreement
Maturity date of loans or other financing or accounts receivable creditor's rights transferred by China Merchants Bank Co.Ltd(600036) Foshan branch or each advance
The advance date is plus three years.
For any specific extension of credit, the guarantee period shall be extended to another period after the expiration of the extension period
Plus three years.
6. This guarantee is irrevocable and unconditional.
(II) the maximum irrevocable guarantee signed by the company for Qingling die casting guarantee
1. Guarantor: Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705)
Lender: China Merchants Bank Co.Ltd(600036) Foshan branch
Credit applicant: Foshan Shunde Qingling die casting products Co., Ltd
2. This guarantee is the maximum guarantee. During the credit period, China Merchants Bank Co.Ltd(600036) Foshan branch can provide credit to the credit applicant in several times. The specific credit business type and amount, whether the credit business types can be adjusted and used, and the specific use conditions shall be subject to the contents approved by China Merchants Bank Co.Ltd(600036) Foshan branch. If China Merchants Bank Co.Ltd(600036) Foshan branch adjusts the original approval opinions according to the application of the credit applicant during the credit period, the subsequent approval opinions issued by China Merchants Bank Co.Ltd(600036) Foshan branch constitute a supplement and change to the original approval opinions, and so on. The maturity date of each specific business may be later than the maturity date of the credit period agreed in the credit agreement.
3. Guarantee scope:
The scope of guarantee provided by the guarantor is the sum of the principal balance of the loan and other credit granted by China Merchants Bank Co.Ltd(600036) Foshan branch to the credit applicant within the credit line according to the credit agreement (the maximum limit is RMB 30 million), as well as relevant interest, default interest, compound interest, liquidated damages, late performance penalty, factoring fee Costs of realizing the security right and other related costs.
4. Guarantee method: the guarantor shall be jointly and severally liable economically and legally for all debts of the credit applicant within the guarantee scope.
5. Warranty period:
The warranty liability period of the guarantor is from the effective date of this guarantee to the maturity date of each loan or other financing under the credit agreement or accounts receivable creditor's rights transferred by China Merchants Bank Co.Ltd(600036) Foshan branch or the advance date of each advance plus three years. For the extension of any specific credit, the guarantee period shall be extended to three years after the expiration of the extension period.
6. This guarantee is irrevocable and unconditional.
5、 Accumulated external guarantees and overdue guarantees
The total amount of guarantee provided by the subsidiary company as of the date of the audited financial statements is 195.95 million yuan, accounting for 31% of the total net assets of the consolidated financial statements of the year 2020; The total amount of external guarantee contracts actually signed and being performed by the company is RMB 753.5 million (USD is temporarily converted at the exchange rate of 6.5), all of which are guarantees provided by the company to subsidiaries, accounting for 12.48% of the company's audited net assets attributable to shareholders of Listed Companies in 2020.
The company and its subsidiaries have no other external guarantees, no overdue guarantees, guarantees involving litigation and losses due to the judgment of losing the guarantee.
6、 Documents for future reference
1. Maximum irrevocable guarantee (No. "757xy202200415601");
2. Maximum irrevocable guarantee (No. "757xy202200390601").
It is hereby announced!
Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) board of directors
March 2, 2022
