Securities code: 000529 securities abbreviation: Guangdong Guanghong Holdings Co.Ltd(000529) Announcement No.: 2021-62 Guangdong Guanghong Holdings Co.Ltd(000529)
Announcement on investment and establishment of 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.
1、 Overview of foreign investment
(i) In order to fully implement the 14th five year plan for cold chain logistics development and the 14th five year plan of Guangdong Guanghong Holdings Co.Ltd(000529) issued by the general office of the State Council, accelerate the development of enterprise specialization and branding, promote the transformation of traditional food cold storage trade to modern food cold chain industry services, implement the Guangdong Guanghong Holdings Co.Ltd(000529) food cold chain smart port project, and build a landmark business card of the food industry, To become a green food cold chain service provider with perfect technology, services and modules and a safe, convenient and high-quality green food supplier in Guangdong, Hong Kong and Macao, Guangdong Guanghong Holdings Co.Ltd(000529) (hereinafter referred to as Guangdong Guanghong Holdings Co.Ltd(000529) or the company) plans to establish Guangdong Guanghong smart port food industry development Co., Ltd. (hereinafter referred to as food industry company) and Guangdong Guanghong smart Port Industrial Investment Co., Ltd. in Zengcheng District, Guangzhou City, Guangdong Province with its own funds (hereinafter referred to as industrial investment company). The registered capital of the food industry company and the industrial investment company is 50 million yuan, which is fully invested by Guangdong Guanghong Holdings Co.Ltd(000529) .
（2） The company held the fourth interim board meeting in 2021 on December 14, 2021. The meeting deliberated and adopted the proposal on investment in the establishment of Guangdong Guanghong smart port food industry development Co., Ltd. and the proposal on investment in the establishment of Guangdong Guanghong smart Port Industrial Investment Co., Ltd. with 8 affirmative votes, 0 negative votes and 0 abstention votes And agree to authorize the management of the company to be responsible for all matters related to the establishment of food industry companies and industrial investment companies. According to the Shenzhen Stock Exchange Stock Listing Rules, the articles of association and other relevant provisions, this matter 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 of the company for deliberation.
（3） This investment does not involve related party transactions, nor does it constitute a major asset reorganization specified in the administrative measures for major asset reorganization of listed companies.
2、 Basic information of the proposed company
(i) Guangdong Guanghong Holdings Co.Ltd(000529) it is proposed to invest in the establishment of Guangdong Guanghong smart port food industry development Co., Ltd. the basic information is as follows (the specific registration information approved by the industrial and commercial registration authority shall prevail):
1. Company name: Guangdong Guanghong smart port food industry development Co., Ltd. (tentative name, subject to the approval of the registration authority)
2. Company type: limited liability company
3. Registered capital: RMB 50 million
4. Registered address: West of Zhucun Avenue, Zhucun street, Zengcheng District, Guangzhou, Guangdong (proposed)
5. Business term: long term, calculated from the date of issuance of the business license
6. Business scope: Wholesale and retail: frozen meat, frozen aquatic products, quick-frozen convenience food, eggs and egg products, prepackaged food, alcoholic beverages and dairy products; Purchase of agricultural and sideline products; China trade; storage; Goods processing, packaging and loading and unloading services, agent goods distribution and cold chain distribution; Property leasing and management; Import and export of goods and technology; Meat products and by-products processing, aquatic products processing; Technical consultation on food refrigeration, air conditioning and refrigeration equipment; Business information consultation; Internet information services; Market operation and management, booth rental management, parking lot operation. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
7. Shareholders and equity structure: the company is funded with its own funds. After the establishment of the food industry company, the company will directly hold 100% equity of the company.
（2） Guangdong Guanghong Holdings Co.Ltd(000529) it is proposed to invest in the establishment of Guangdong Guanghong smart Port Industrial Investment Co., Ltd. the basic information is as follows (the specific registration information approved by the industrial and commercial registration authority shall prevail):
1. Company name: Guangdong Guanghong smart Port Industrial Investment Co., Ltd. (tentative name, subject to the approval of the registration authority)
2. Company type: limited liability company
3. Registered capital: RMB 50 million
4. Registered address: West of Zhucun Avenue, Zhucun street, Zengcheng District, Guangzhou, Guangdong (proposed)
5. Business term: long term, calculated from the date of issuance of the business license
6. Business scope: property management; Entrusted by financial institutions to engage in information technology and process outsourcing services (excluding financial information services); non residential real estate leasing; Housing leasing; commercial complex management services; information consulting services (excluding licensing information consulting services); information technology consulting services; supply chain management services; goods import and export. Real estate development and operation. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
7. Shareholders and equity structure: the company contributes with its own funds. After the establishment of the industrial investment company, the company will directly hold 100% equity of the company.
3、 Main contents of foreign investment contract
The food industry company and industrial investment company to be established by the company are wholly-owned subsidiaries and do not need to sign foreign investment contracts.
4、 Purpose, risk and impact of foreign investment on the company
(i) The establishment of food industry companies and industrial investment companies in this foreign investment is to implement the 14th five year plan for cold chain logistics development issued by the general office of the State Council and the 14th five year plan of the company, accelerate the development of enterprise specialization and branding, and promote the transformation of traditional food cold storage trade to modern food cold chain industry services through the application of IOT technology, blockchain technology New generation information technologies such as big data technology create a closed-loop industrial ecology in the park, continuously empower and upgrade the company’s main industrial ecology, comprehensively excavate and enhance the project value, and implement the landing Guangdong Guanghong Holdings Co.Ltd(000529) food cold chain smart port project. The establishment of food industry companies and industrial investment companies in this foreign investment meets the needs of the company’s strategic development, is conducive to further improve the quality and efficiency of the company’s main food industry and enhance its core competitiveness.
（2） The establishment of food industry companies and industrial investment companies in this foreign investment still needs the approval of the administrative department for Industry and commerce, and there is uncertainty; in the actual operation and management process in the future, food industry companies and industrial investment companies may be affected by uncertain factors such as policy, market, operation and management, and this investment has potential problems in subsequent operation, management and risk control In uncertainty.
5、 Other
The company will pay close attention to the progress of relevant investment and timely perform the obligation of information disclosure in accordance with relevant regulations. Please invest rationally and pay attention to investment risks.
6、 Documents for future reference
(i) Resolution of the fourth extraordinary board meeting of the company in 2021
（2） Independent opinions of independent directors on investment in the establishment of Guangdong Guanghong smart port food industry development Co., Ltd. and Guangdong Guanghong smart Port Industrial Investment Co., Ltd
It is hereby announced.
Guangdong Guanghong Holdings Co.Ltd(000529) board of directors December 15, 2001
