Securities code: 000528 securities abbreviation: Guangxi Liugong Machinery Co.Ltd(000528) Announcement No.: 2021-97
Guangxi Liugong Machinery Co.Ltd(000528)
Announcement on the expected daily connected transaction limit in 2022
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.
Guangxi Liugong Machinery Co.Ltd(000528) (hereinafter referred to as "the company") deliberated and adopted the proposal on the company's expected daily connected transaction quota in 2022 at the 40th (Interim) meeting of the eighth board of directors held on December 13, 2021. The relevant information is hereby announced as follows:
1、 Basic information of daily connected transactions
(i) Overview of estimated daily related party transactions
The company expects to have a total of 3637.82 million yuan of related party transactions with Guangxi Cummins Industrial Power Co., Ltd. and other related parties in 2022, including 3461.19 million yuan of related parts and materials purchased from related parties and labor services received; The sales of construction machinery products, various related parts and other materials and the provision of labor services to related parties amounted to 176.63 million yuan. It is estimated that the amount of daily connected transactions in 2022 will reach 32% of the company's latest audited net assets of 11456.56 million yuan (December 31, 2020). According to the provisions of the stock listing rules of Shenzhen Stock Exchange, the proposed transaction must be submitted to the general meeting of shareholders for deliberation, and the connected persons interested in the connected transaction will avoid voting at the general meeting of shareholders. The above connected transactions do not constitute Major asset restructuring stipulated in the measures for the administration of major asset restructuring of listed companies. When considering the proposal (including sub items), the related directors abstained from voting accordingly. The specific circumstances are as follows: 1. Related party transactions with the indirect controlling shareholder Guangxi Guangxi Liugong Machinery Co.Ltd(000528) Group Co., Ltd. (hereinafter referred to as " Guangxi Liugong Machinery Co.Ltd(000528) group") and its subordinate enterprises: in Guangxi Liugong Machinery Co.Ltd(000528) Mr. Zeng Guangan, Mr. Yu chuanfen and Mr. He Shiji, the three part-time affiliated directors of the group and its subordinate enterprises, abstained from voting, while non affiliated directors Mr. Huang Haibo, Mr. Huang Min, Mr. Su Zimeng, Mr. Wang Hongjie, Mr. Han Liyan, Mr. Zheng Yuhuang, Mr. Li Jiaming and Ms. Chen Xueping participated in the voting.
Voting: 8 in favor, 0 against and 0 abstention.
2、 Related party transactions with the joint venture Guangxi Cummins Industrial Power Co., Ltd.: Mr. Huang Haibo, related director (also the chairman of the company) abstained from voting, and non affiliated directors Mr. Zeng Guangan, Mr. Yu chuanfen, Mr. Huang Min, Mr. He Shiji, Mr. Su Zimeng, Mr. Wang Hongjie, Mr. Han Liyan, Mr. Zheng Yuhuang, Mr. Li Jiaming and Ms. Chen Xueping participated in the voting.
Voting: 10 in favor, 0 against and 0 abstention.
3、 Related party transactions with the joint venture Liuzhou ZF Machinery Co., Ltd.: Mr. Zeng Guangan, related director (also the chairman of the company) abstained from voting, and non affiliated directors Mr. Yu chuanfen, Mr. Huang Haibo, Mr. Huang Min, Mr. He Shiji, Mr. Su Zimeng, Mr. Wang Hongjie, Mr. Han Liyan, Mr. Zheng Yuhuang, Mr. Li Jiaming and Ms. Chen Xueping participated in the voting.
Voting: 10 in favor, 0 against and 0 abstention.
4、 Related party transactions with the joint venture Guangxi Liugong Machinery Co.Ltd(000528) Metso construction equipment (Changzhou) Co., Ltd.: Mr. Huang Min, related director (also a director of the company) avoided voting, and non affiliated directors Mr. Zeng Guangan, Mr. Yu chuanfen, Mr. Huang Haibo, Mr. He Shiji, Mr. Su Zimeng, Mr. Wang Hongjie, Mr. Han Liyan, Mr. Zheng Yuhuang, Mr. Li Jiaming and Ms. Chen Xueping participated in the voting.
Voting: 10 in favor, 0 against and 0 abstention.
5. Related party transactions with related parties of the joint venture Guangxi Weixiang Machinery Co., Ltd. and other directors of the company who do not hold their senior positions as directors and supervisors: non related directors: Mr. Zeng Guangan, Mr. Yu chuanfen, Mr. Huang Haibo, Mr. Huang Min, Mr. He Shiji, Mr. Su Zimeng, Mr. Wang Hongjie, Mr. Han Liyan, Mr. Zheng Yuhuang, Mr. Li Jiaming Ms. Chen Xueping took part in the voting.
Voting: 11 in favor, 0 against and 0 abstention.
（2） . the estimated amount of connected transactions in 2022 is as follows: unit: 10000 yuan
2022 is expected to account for the main contents of related party transactions of similar related party transactions by 2021. The amount actually approved on December 12. The transaction proportion is different from the estimated amount of the whole year on December 12
Guangxi Zhongyuan Machinery Co., Ltd. 3260486269980473% - 12% of steel pipes, structural parts and oil tanks
Oil products of Si Neng Petrochemical Co., Ltd. 830518053237871% - 24%
Jiangsu SINENG Lubrication Technology Co., Ltd. oil 678013058202111% - 35%
Guangxi Guangxi Liugong Machinery Co.Ltd(000528) olan Air Conditioning Co., Ltd. air conditioners, heaters, etc. 41048052107960% - 25%
Guangxi Zhituo Technology Co., Ltd. Siasun Robot&Automation Co.Ltd(300024) industrial integration system 310119142590% - 72%
51652420% - 98% of the compressors of Guangxi Liugong Machinery Co.Ltd(000528) (Liuzhou) Compressor Co., Ltd. purchased raw materials and equipped with Guangxi Liugong Machinery Co.Ltd(000528) pumps and mixers of Jiangsu Co., Ltd. 2747416120% - 65% purchased parts, products, fuels and 75300% - 99% of the raw materials and power of agricultural machinery of Guangxi Guangxi Liugong Machinery Co.Ltd(000528) Agricultural Machinery Co., Ltd. from related parties
2061721480230% - 96% of the steel materials and power of Liuzhou Zhongyuan Jiarui Materials Co., Ltd. and 31526640% - 96% of the accessories, grain and oil of Guangxi Guangxi Liugong Machinery Co.Ltd(000528) group and its subordinate enterprises are subject to labor and services. The engine of Guangxi Cummins Industrial Power Co., Ltd. is 1433391124491438775% - 22% and the cab of Guangxi Weixiang Machinery Co., Ltd. is 9160280953837263% - 3%
ZF gearbox of Liuzhou ZF Machinery Co., Ltd. 2084817310245231% - 29%
Guangxi Liugong Machinery Co.Ltd(000528) mobile crushing and screening machine of Metso construction equipment (Changzhou) Co., Ltd. 31622179128880% - 83%
Subtotal 33524834168947277514% - 28%
Receiving labor services and services: Labor Services of Liuzhou Guangxi Liugong Machinery Co.Ltd(000528) human resources service company 108718846100400% - 12%
Subtotal 108718846100400% - 12%
Total 34611935053548281514% - 27%
Sales of raw materials, accessories, accessories and fuel power of Guangxi Zhongyuan Machinery Co., Ltd. to related parties 1420358761850% - 42%
Raw materials, accessories, fuel and power controller of Guangxi Guangxi Liugong Machinery Co.Ltd(000528) Agricultural Machinery Co., Ltd. 391104213890% - 25%
Parts, products, accessories and promotional materials of Guangxi Guangxi Liugong Machinery Co.Ltd(000528) Group Machinery Co., Ltd. and its subordinate enterprises 27633612830% - 74%
Materials and power and parts and promotional materials of Guangxi Guangxi Liugong Machinery Co.Ltd(000528) Group Co., Ltd. and its subordinate enterprises 307211790% - 88%
For labor and services, advanced parts of Guangxi Cummins Industrial Power Co., Ltd. 6685916000% - 2%
Guangxi Weixiang Machinery Co., Ltd. controller, fuel power, etc. 1141110866142010% - 23%
Liuzhou ZF Machinery Co., Ltd
