Securities code: 000961 securities abbreviation: Jiangsu Zhongnan Construction Group Co.Ltd(000961) Announcement No.: 2021-222 Jiangsu Zhongnan Construction Group Co.Ltd(000961)
Announcement on providing guarantee for Pingyang Jincheng and other companies
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 risk tips:
As of the date of this announcement, Jiangsu Zhongnan Construction Group Co.Ltd(000961) (hereinafter referred to as "the company") and its holding subsidiaries had an external guarantee balance of 58.216 billion yuan, accounting for 202.83% of the shareholders' equity attributable to the shareholders of the listed company in the latest audit. Investors are invited to pay attention to the relevant risks.
1、 Guarantee situation
In order to meet the needs of the company's business development, the company plans to request the general meeting of shareholders to agree to provide a total guarantee amount of 5319.13 million yuan to 19 joint ventures and associated companies such as Pingyang Jincheng Real Estate Co., Ltd. (hereinafter referred to as "Pingyang Jincheng"), and the new guarantee amount is as follows:
The security company's right may be used by the secured party
Type of guarantor proportion of interests of the guaranteed party asset liability ratio of the most recent guarantee amount (10000 yuan)
Pingyang Jincheng Real Estate Co., Ltd. 60% 103.15% 63275
Jiaxing Zhongnan Jinyu Real Estate Co., Ltd. 60% 79.06% 22580
Ningbo Jingui Real Estate Co., Ltd. 60% 104.13% 1804
Dongyang Golden Harbor Real Estate Co., Ltd. 60% 98.80% 15512
Shanghai Zhongnan Jinshi Real Estate Co., Ltd. 60% 98.93% 18000
Xuzhou Jinshuo Real Estate Development Co., Ltd. 60% 100.83% 9720
Yuyao jiayoushen Real Estate Co., Ltd. 60% 96.29% 31650
Zhenjiang Mingcheng Real Estate Co., Ltd. 60% 99.50% 16000
Company or public assets Ningbo Zhongnan Jinshi Real Estate Co., Ltd. 54% 93.81% 10000
Debt ratio of company holding subsidiary Taicang Jinsheng Real Estate Development Co., Ltd. 45% 93.14% 22000
Company ≥ 70% Taicang Dading Real Estate Development Co., Ltd. 45% 91.28% 36000
Urumqi jinruishengda Real Estate Development Co., Ltd. 42% 99.21% 14130
Urumqi Longrui Xinjing Real Estate Development Co., Ltd. 42% 100.30% 35662
Jiangyin Sutai Real Estate Co., Ltd. 33% 95.33% 43000
Zhongshan Jinze Real Estate Co., Ltd. 33% 75.46% 50000
Dazhou Dakai Real Estate Development Co., Ltd. 30.6% 115.60% 50000
Foshan Jinyi Real Estate Co., Ltd. 30.6% 99.71% 60000
Huzhou Aosheng Real Estate Development Co., Ltd. 30.6% 97.77% 19380
Deqing Dingye Real Estate Co., Ltd. 19.8% 44.24% note 13200
Total 531913
Note: Although the asset liability ratio of Deqing Dingye Real Estate Co., Ltd. to be guaranteed in the latest period is less than 70%, the asset liability ratio after financing may exceed 70%. According to the principle of strictness, the guarantee type with asset liability ratio ≥ 70% shall be submitted for deliberation.
The validity period of the relevant guarantee limit shall be from the date when the resolution on providing guarantee for relevant companies is passed by the general meeting of shareholders to November 14, 2022, that is, the validity period of the resolution on providing guarantee for Shenzhen jinzhongsheng and other companies issued by the sixth extraordinary general meeting of shareholders in 2021. Within the validity period, the guarantee amount for 19 joint ventures and associated companies such as Pingyang Jincheng with an asset liability ratio of more than 70% can only be adjusted with the guarantee amount of 23 joint ventures and associated companies with an asset liability ratio of more than 70% agreed to provide guarantee in the proposal on providing guarantee for Shenzhen jinzhongsheng and other companies at the sixth extraordinary general meeting of shareholders in 2021. The company's management is authorized to handle specific matters related to guarantee.
On December 14, 2021, the 22nd Meeting of the 8th board of directors of the company deliberated and adopted the proposal to provide guarantee for Pingyang Jincheng and other companies with 11 affirmative votes, 0 negative votes and 0 abstention votes, and the resolution submitted relevant matters to the general meeting of shareholders for deliberation.
2、 Basic information of the guaranteed
1. Pingyang Jincheng Real Estate Co., Ltd
Date of establishment: March 30, 2020
Registered address: Wuyang village, Aojiang Town, Pingyang County, Wenzhou City, Zhejiang Province
Legal representative: Gui Feng
Registered capital: RMB 10 million
Main business: real estate development and operation, property management, real estate consulting.
Shareholders:
Affiliated relationship: the company, shareholders holding more than 5% of the company's shares, directors, supervisors and senior managers of the company have no affiliated relationship with other shareholders of Pingyang Jincheng.
Credit status: it is not the subject responsible for breach of credit, and its credit status is good.
Financial situation:
Unit: 10000 yuan
Time total assets total liabilities net assets operating income operating profit net profit
2020 92145.0994020.54-1875.440-2466.31-1875.44 (audited)
September 2021: 117210.15120904.54-3694.3913 29-2442.25-1818.94 (Unaudited)
2. Jiaxing Zhongnan Jinyu Real Estate Co., Ltd
Date of establishment: February 6, 2018
Registered address: first floor, right first floor, No. 318, Nanwan Road, gangang District, Jiaxing City, Zhejiang Province
Legal representative: Xu Zhiqiang
Registered capital: RMB 50 million
Main business: real estate development and operation, property management, real estate brokerage, water conservancy and hydropower electromechanical equipment installation, professional construction of construction engineering, exhibition services, sales of building materials, hardware and electricity, daily necessities, housing construction engineering construction, professional construction of foundation and infrastructure engineering, professional construction of Earthwork Construction Engineering, Building decoration construction engineering design and construction integration, wooden construction engineering operation, masonry construction engineering operation, plastering construction engineering operation, stone construction engineering operation, paint construction engineering operation, reinforcement construction engineering operation, concrete construction engineering operation, scaffold construction engineering operation, formwork construction engineering operation, welding construction engineering operation, Plumbing and electricity installation and construction works, sheet metal construction works, stringing construction works, enterprise management consulting.
Shareholders:
Credit status: it is not the subject responsible for breach of credit, and its credit status is good.
Association: the company, shareholders holding more than 5% of the company's shares, directors, supervisors and senior managers of the company have no association with other shareholders of the company.
Financial situation:
Unit: 10000 yuan
Time total assets total liabilities net assets operating income operating profit net profit
2020 20418.3111973.840 8437416.794613.463463.11 (audited)
September, 2021 39009.1330838.910 82699.70-365.67-274.25 (Unaudited)
3. Ningbo Jingui Real Estate Co., Ltd
Date of establishment: November 11, 2019
Registered address: room 939, office building, No. 26, Meishan Avenue business center, Beilun District, Ningbo City, Zhejiang Province legal representative: Gui Feng
Registered capital: RMB 10 million
Main business: real estate development and sales; Real estate brokerage; Property services; Exhibition services; Design, construction and installation of water conservancy and Hydropower Engineering, electromechanical equipment installation engineering, civil engineering, painting engineering, steel structure engineering, waterproof and thermal insulation engineering, sheet metal engineering, stringing engineering and welding engineering; Design and construction of indoor and outdoor decoration engineering; Construction of foundation and foundation construction works and earthwork works; Construction of building works; Scaffold erection; Wholesale and retail of building materials, hardware products and daily necessities; Enterprise management consulting.
Shareholders:
Credit status: it is not the subject responsible for breach of credit, and its credit status is good.
Association: the company, shareholders holding more than 5% of the company's shares, directors, supervisors and senior managers of the company have no association with other shareholders of the company.
Financial situation:
Unit: 10000 yuan
Time total assets total liabilities net assets operating income operating profit net profit
2020 9484.509661.63-177.130-161.62-155.58 (audited)
September 2021 9487.869880.09-392.230-263.61-215.09 (Unaudited)
4. Dongyang Golden Harbor Real Estate Co., Ltd
Date of establishment: August 5, 2019
Registered address: Hengdian Town Industrial Zone, Dongyang City, Jinhua City, Zhejiang Province
Legal representative: Wang Feng
Registered capital: RMB 30 million
Main business: real estate development and operation.
Shareholders:
Association: the company, shareholders holding more than 5% of the company's shares, directors, supervisors and senior managers of the company have no association with other shareholders of the company.
Credit status: it is not the subject responsible for breach of credit, and its credit status is good.
Financial situation:
Unit: 10000 yuan
Time total assets total liabilities net assets operating income operating profit net profit
2020 63332.9160685.032647.870-448.83-340.25 (audited)
September 2021 143995.49142270.381725.11116 67-1061.31-922.76 (Unaudited)
5. Shanghai Zhongnan Jinshi Real Estate Co., Ltd
Date of establishment: September 6, 2017
Registered address: room 1545, floor 1, building 8, No. 33, Guangshun Road, Changning District, Shanghai
Legal representative: Chen Xiaoping
Registered capital: RMB 50 million
Main business: real estate development and operation, property management, real estate brokerage, professional construction of water conservancy, hydropower, electromechanical equipment installation and construction engineering, exhibition services, sales of building materials, hardware and electricity, daily necessities, housing construction engineering construction, professional construction of foundation and infrastructure engineering, professional construction of earthwork construction engineering, Building decoration construction engineering design and construction integration, wooden construction engineering operation, masonry construction engineering operation, plastering construction engineering operation, stone construction engineering operation, paint construction engineering operation, reinforcement construction engineering operation, concrete construction engineering operation and scaffold construction
