Securities code: 000836 securities abbreviation: Tianjin Futong Information Science&Technology Co.Ltd(000836) Announcement No.: (pro) 2021-041 Tianjin Futong Information Science&Technology Co.Ltd(000836)
Announcement on providing guarantee for holding 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 guarantee
Jiuzhiguang Electronic Material Technology Co., Ltd. (hereinafter referred to as “Jiuzhi technology”), the holding subsidiary of Tianjin Futong Information Science&Technology Co.Ltd(000836) (hereinafter referred to as “the company”) applies for a comprehensive credit of RMB 10 million to China Everbright Bank Company Limited Co.Ltd(601818) Langfang Branch, and the company provides joint and several liability guarantee for a period of 12 months.
The above guarantee matters have been deliberated and approved by more than two-thirds of the directors attending the 37th meeting of the eighth board of directors, and need not be submitted to the general meeting of shareholders for deliberation. 2、 Basic information of the guaranteed
1. Name of the guaranteed: jiuzhiguang Electronic Material Technology Co., Ltd
Date of establishment: May 24, 2001
Registered address: Huaxiang Road, Langfang Development Zone
Legal representative: Xu Dong
Registered capital: RMB 270 million
Main business: R & D, production, sales and related technical services of optical communication, semiconductor and photoelectric systems, optical fiber preforms, quartz materials, quartz products, silicon materials and process equipment; R & D and sales of optical fiber, optical cable, optical device, laser pump lamp, ceramic, graphite, silicon carbide and silicon ring products for semiconductor process, etc
Relationship with the company: the company is the holding subsidiary of the company, and the shareholding ratio of the company is 87.78%. 2. Main financial indicators of Jiuzhi technology in the latest year:
In 2020, the audited total assets were 519 million yuan, the total liabilities were 177 million yuan (including 39.8 million yuan of bank loans and 159 million yuan of current liabilities), the asset liability ratio was 34.18%, the amount involved in contingencies was 0 yuan and the net assets was 342 million yuan; in 2020, the operating revenue was 158 million yuan, the total profit was 6.7413 million yuan and the net profit was 6.1543 million yuan.
By the end of September 2021, the unaudited total assets were 528 million yuan, the total liabilities were 184 million yuan (including 39.8 million yuan of bank loans and 165 million yuan of current liabilities), the asset liability ratio was 34.86%, the amount involved in contingencies was 0 yuan, and the net assets were 344 million yuan; the operating revenue from January to September 2021 was 89.71 million yuan, the total profit was 2.134 million yuan, and the net profit was 1.8139 million yuan.
Jiuzhi technology is not a dishonest executee, exists according to law, operates normally and has good credit status. 3、 Main contents of the guarantee agreement
The guarantee agreement has not been signed, and the specific terms shall be subject to the relevant contracts signed between the company and China Everbright Bank Company Limited Co.Ltd(601818) Langfang Branch after the deliberation and approval of the board of directors. 4、 Opinions of the board of directors
1. Reasons for providing guarantee by the company
The guarantee object of this time is Jiuzhi technology, the holding subsidiary of the company. The company provides joint and several liability guarantee for the comprehensive credit applied by it, which can solve the company’s production and operation capital demand, improve financing efficiency and reduce financing cost. 2. Guarantee risk and judgment of the guaranteed’s solvency
As a holding subsidiary of the company, Jiuzhi technology has the manufacturing capacity of natural quartz materials and has a mature production, supply and marketing system of quartz products formed over the years. Its production and operation status is normal, its credit status is good, its debt ratio is low, and it has the ability to repay. Although Beijing Glass Group Co., Ltd., another shareholder, did not provide the same proportion of guarantee for Jiuzhi technology, and the guaranteed party did not provide counter guarantee measures, the company has the ability to effectively control its daily operation and management, and the financial risk of providing guarantee for it is within the controllable range of the company and will not damage the interests of the listed company. 5、 Accumulated external guarantees and overdue guarantees
After this guarantee, the total amount of guarantee of the company and its holding subsidiaries was 210 million yuan. After this guarantee, the total balance of external guarantee of the company and its holding subsidiaries was 210 million yuan, accounting for 16.71% of the company’s latest audited net assets. Up to now, the company and its holding subsidiaries have not provided guarantees for entities outside the consolidated statements, and there are no guarantees corresponding to overdue debts and litigation related guarantees.
It is hereby announced.
Tianjin Futong Information Science&Technology Co.Ltd(000836) board of directors
December 27, 2021
