Securities code: Titan Wind Energy (Suzhou) Co.Ltd(002531) securities abbreviation: Titan Wind Energy (Suzhou) Co.Ltd(002531) Announcement No.: 2022006 Titan Wind Energy (Suzhou) Co.Ltd(002531) (Suzhou) Co., Ltd
Announcement on providing guarantee for wholly-owned subsidiaries
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.
Special tips:
1. As of February 28, 2022, the total amount of guarantee approved by the company for its subsidiaries was RMB 758864 billion, and the cumulative guarantee balance was RMB 3.9306.7 billion, accounting for 58.84% of the audited net assets of the company at the end of 2020;
2. Consolidated statements of subsidiaries and subsidiaries not provided with guarantee;
3. The company and its holding subsidiaries did not have overdue guarantees, guarantees involving litigation and losses due to the judgment of losing the guarantee.
1、 Overview of guarantee
Shanghai Tianshun Zero Carbon Industrial Development Co., Ltd. (hereinafter referred to as "Shanghai zero carbon"), a wholly-owned subsidiary of Titan Wind Energy (Suzhou) Co.Ltd(002531) (Suzhou) Co., Ltd. (hereinafter referred to as "the company" or " Titan Wind Energy (Suzhou) Co.Ltd(002531) "), is expected to apply for a credit of RMB 181 million from Shanghai Pudong branch of Agricultural Development Bank of China in order to meet the capital demand for business development, The company intends to provide the maximum amount of joint and several liability guarantee for the credit extension.
Within the above guarantee limit, the board of directors authorizes the chairman of the company or the authorized agent designated by the chairman to sign relevant guarantee documents and any amendments, changes and / or supplements to such documents within the scope of guarantee according to the actual situation of the guarantee.
This guarantee is not within the expected scope of the company's guarantee to its subsidiaries in 2021. The company held the first meeting of the Fourth Board of directors in 2022 on March 2, 2022, and deliberated and approved the proposal of the company to provide joint and several liability guarantee for Shanghai zero carbon. This proposal needs to be submitted to the shareholders' meeting for deliberation.
Binzhou Zhanhua Jingshun Wind Power Co., Ltd. (hereinafter referred to as "Zhanhua power station" or "project"), a wholly-owned subsidiary of the company, is expected to apply for a credit of RMB 325 million from Ping An Bank Co.Ltd(000001) Shanghai branch in order to meet the capital needs of business development, Beijing Titan Wind Energy (Suzhou) Co.Ltd(002531) Development Co., Ltd. (hereinafter referred to as "Beijing development"), a wholly-owned subsidiary of the company, intends to use its 100% equity of Zhanhua power station to provide pledge, pledge the power charge right of Zhanhua power station project, and pledge Zhanhua power station with project power equipment. The company plans to provide the maximum joint and several liability guarantee for the credit granting event.
In order to meet the capital demand for business development, Suzhou Tianshun Composite Technology Co., Ltd. (hereinafter referred to as "Changshu blade"), a wholly-owned subsidiary of the company, plans to apply for credit from Bank Of Communications Co.Ltd(601328) Changshu branch, with a line of no more than 30 million yuan; Suzhou Titan Wind Energy (Suzhou) Co.Ltd(002531) Equipment Co., Ltd. (hereinafter referred to as "Suzhou equipment"), a wholly-owned subsidiary of the company, plans to apply for credit from China Merchants Bank Co.Ltd(600036) Suzhou Branch, with a credit line of no more than 200 million yuan. The company intends to provide the maximum amount of joint and several liability guarantee for the above credit matters.
The joint and several liability guarantee provided by the company for Zhanhua power station, Changshu blades and Suzhou equipment has been deliberated and approved by the second meeting of the Fourth Board of directors in 2021 and the general meeting of shareholders in 2020. The guaranteed party and the guarantee amount are within the approval limit of the above board of directors and general meeting of shareholders, and need not be submitted to the board of directors of the company for reconsideration. Details are disclosed in the securities times and cninfo.com.cn on April 20, 2021 Announcement on the company's provision of guarantees to subsidiaries in 2021 (Announcement No.: 2021038). 2、 Basic information of guarantee matters
Total guarantee amount
General approval
The guaranteed party plans to use the remaining available guarantee of the listed company this time
Whether the guarantee amount for the guarantor's shareholding is related
Guarantee amount of the guarantor and the guaranteed party's assets in the latest period (10000 yuan), net guarantee amount in the latest period (10000 yuan)
Proportion (%) (RMB 10000)
Debt ratio (%) (RMB) asset ratio (RMB)
Currency)
（%）
Titan Wind Energy (Suzhou) Co.Ltd(002531) Shanghai zero carbon 100 13.831810018100 2.42 0 no
Titan Wind Energy (Suzhou) Co.Ltd(002531) Zhanhua power station 100 66.964725032500 6.3214750 no
Titan Wind Energy (Suzhou) Co.Ltd(002531) Changshu blade 100 51.80245 Jinzai Food Group Co.Ltd(003000) 3.28 0 no
Titan Wind Energy (Suzhou) Co.Ltd(002531) Suzhou equipment 100 57.5318097720000 24.2081977 no
Total - 27082773600 - 96727-
3、 Basic information of the guaranteed
(I) Shanghai Tianshun Zero Carbon Industrial Development Co., Ltd
1. Registration time: January 9, 2014
2. Place of registration: 5th floor, No. 277, Huqingping Road, Minhang District, Shanghai
3. Legal representative: Yan junxu
4. Registered capital: 2 million yuan
5. Main business: investment, holding, development and operation of wind farm assets, holding and management of the company 6. Equity structure and related relationship: the company directly owns 100% of its equity, which is a wholly-owned subsidiary of the company;
7. Main financial indicators of the latest year and period:
Unit: 10000 yuan
Project December 31, 2020 (audited) September 30, 2021 (Unaudited)
Total assets 2401388820992258
Total liabilities 59003922903404
Net assets 1811349618088854
Operating income 339.85-
Total profit 6812075 -328.55
Net profit 6807026 -246.41
Note: Shanghai zero carbon is a holding company, which has no business activities, no revenue from January to September of 21 years, and the total profit and net profit are negative due to the non dividend of its subsidiaries.
8. After inquiry, the guaranteed is in good credit condition and does not belong to the dishonest executee.
(II) Binzhou Zhanhua Jingshun Wind Power Co., Ltd
1. Registration time: November 23, 2016 to long term
2. Place of registration: No. 352, Fengli Road, Fengjia Town, Zhanhua District, Binzhou City, Shandong Province
3. Legal representative: Liu Mingsheng
4. Registered capital: 100 million yuan
5. Main business: wind power generation
6. Ownership structure and related relationship: the company indirectly owns 100% equity of the guaranteed party, which is a wholly-owned subsidiary of the company;
7. Main financial indicators of the latest year and period:
Unit: 10000 yuan
Project December 31, 2020 (audited) September 30, 2021 (Unaudited)
Total assets 42719224588317
Total liabilities 32787643072309
Net assets 9931581516008
Operating income - 668988
Total profit -5.68522850
Net profit -4.67522850
Note: Zhanhua power station is under construction in 2020 and has no revenue, total profit and net profit.
8. After inquiry, the guaranteed is in good credit condition and does not belong to the dishonest executee.
(III) Suzhou Tianshun composite material technology Co., Ltd
1. Registration time: May 27, 2016 to long term
2. Place of registration: No. 338, Tonggang Road, Changshu
3. Legal representative: Wang Jingya
4. Registered capital: 680 million yuan
5. Main business: R & D, production and sales of wind energy blades and molds supporting wind power generation equipment. 6. Ownership structure and related relationship: the company indirectly owns 100% equity of the guaranteed party, which is a wholly-owned subsidiary of the company;
7. Main financial indicators of the latest year and period:
Unit: 10000 yuan
Project December 31, 2020 (audited) September 30, 2021 (Unaudited)
Total assets 1782510115778145
Total liabilities 116168748172914
Net assets 62082267605230
Operating income 2228464213083384
Total profit 35401661643534
Net profit 3021050
