Guangzhou Tinci Materials Technology Co.Ltd(002709) Guangzhou Tinci Materials Technology Co.Ltd(002709) ）
Securities code: Guangzhou Tinci Materials Technology Co.Ltd(002709) securities abbreviation: Guangzhou Tinci Materials Technology Co.Ltd(002709) Announcement No.: 2022015 Guangzhou Tinci Materials Technology Co.Ltd(002709)
Announcement on Yichang Tianci’s intention to participate in the bidding for the use right of state-owned land
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.
Guangzhou Tinci Materials Technology Co.Ltd(002709) (hereinafter referred to as “the company”) held the 26th meeting of the 5th board of directors on March 1, 2022, deliberated and adopted the proposal on the subsidiary Yichang Tianci to participate in the bidding for the use right of state-owned land. The specific contents are hereby announced as follows:
1、 Transaction overview
1. Basic information of the transaction
Zhijiang natural resources and Planning Bureau passed the approval of Zhijiang public resources trading center on January 27, 2022（ http://ggzyjy.zgzhijiang.gov.cn./zjSite/InfoDetail/InfoID=7707322c -8c304091-8b44-d9a2f7f6da02 & categorynum = Chongqing Baiya Sanitary Products Co.Ltd(003006) 001) issued the announcement on listing and transfer of state owned land use right of Zhijiang natural resources and Planning Bureau (Zhi Tu Gao Zi [2022] No. 9), From 08:30 on February 17, 2022 to 17:30 on March 2, 2022, the state-owned construction land use right of the plot west of Yaogang fourth road will be listed and transferred (parcel No.: Zhi Tu Gao Zi [2022] No. 9). According to the company’s strategic development plan and the needs of the project construction of Yichang Tianci high tech materials Co., Ltd. (hereinafter referred to as “Yichang Tianci”), Yichang Tianci plans to use self raised funds to participate in bidding and purchase the state-owned land use right within the range of no more than RMB 6 million. 2. Deliberations
On March 1, 2022, the 26th meeting of the 5th board of directors held by the company considered and adopted the proposal on the subsidiary Yichang Tianci’s intention to participate in the bidding for the use right of state-owned land, It is agreed to authorize Yichang Tianci, a subsidiary of the company, to use self raised funds within the range of no more than RMB 6 million to participate in the land use of the state-owned construction land (parcel No.: zhitugao Zi [2022] No. 9) of the plot west of Yaogang Fourth Road described in the announcement on listing and transfer of state-owned land use right of Zhijiang natural resources and Planning Bureau (zhitugao Zi [2022] No. 9)
Guangzhou Tinci Materials Technology Co.Ltd(002709) Guangzhou Tinci Materials Technology Co.Ltd(002709) ）
And authorize Yichang Tianci’s legal representative or its authorized personnel to sign relevant legal documents in the process of land bidding. This auction is within the approval authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders for deliberation.
3. This transaction is a bid for the use right of state-owned construction land, which does not constitute a related party transaction or a major asset reorganization stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Basic information of bidding subject
Company name: Yichang Tianci high tech materials Co., Ltd
Unified social credit Code: 91420583ma4f0t3497
Address: West of Jianglin road and south of Gangsheng Road, yaojiagang chemical industry park, Zhijiang City, Yichang City, Hubei Province
Legal representative: Shi Litao
Registered capital: 100 million yuan
Date of establishment: July 1, 2021
Business scope: general projects: research and development of new materials and technologies; Production of chemical products (excluding licensed chemical products); Sales of chemical products (excluding licensed chemical products) (in addition to licensed business, it can independently operate projects not prohibited or restricted by laws and regulations)
3、 Basic information of transaction object
1. Parcel No.: Zhi Tu Gao Zi [2022] No. 9
2. Land location: West of Yaogang 4th Road
3. Transfer area: 258448 square meters
4. Land use: industrial land
5. Plot ratio: greater than or equal to 1 and less than or equal to 2
6. Building density: greater than or equal to 40%
7. Green space rate: less than or equal to 15%
8. Transfer period: 50 years
9. Deposit: RMB 5.08 million
10. Starting price: 5.03 million yuan
11. Price increase: 50000 yuan
12. Listing start time: 08:30, February 17, 2022
Guangzhou Tinci Materials Technology Co.Ltd(002709) Guangzhou Tinci Materials Technology Co.Ltd(002709) ）
13. Deadline for listing: 17:30, March 2, 2022
4、 Purpose of participating in bidding and its impact on the company
The purpose of participating in the auction of state-owned land use right is to meet the construction needs of Yichang Tianci project and carry out necessary land resource reserve, which is conducive to the sustainable and long-term development of the company.
5、 Risk tips
In this bidding for the use right of state-owned construction land, the company will perform the “bidding, auction and listing” procedures in accordance with the land administration law of the people’s Republic of China, the provisions on the transfer of the use right of state-owned construction land by bidding, auction and listing, and other relevant provisions. There is still uncertainty whether the company can win the land use right according to the above transaction consideration and land use conditions, The company will timely perform the obligation of information disclosure according to the progress of bidding matters. Investors are kindly requested to pay attention to investment risks and follow up relevant announcements of the company.
Documents for future reference:
Resolution of the 26th meeting of Guangzhou Tinci Materials Technology Co.Ltd(002709) the 5th board of directors
It is hereby announced.
Guangzhou Tinci Materials Technology Co.Ltd(002709) board of directors March 3, 2022
