Securities code: Shenwan Hongyuan Group Co.Ltd(000166) securities abbreviation: Shenwan Hongyuan Group Co.Ltd(000166) Announcement No.: lin202213 Shenwan Hongyuan Group Co., Ltd
Announcement on the progress of 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.
1、 Overview of guarantee
Shenwan Hongyuan Group Co.Ltd(000166) (hereinafter referred to as “the company”) intends to provide an irrevocable joint and several liability guarantee of RMB 100 million for the wholly-owned subsidiary Hongyuan Hengli (Shanghai) Industrial Co., Ltd. (hereinafter referred to as “Hongyuan Hengli”).
On March 7, 2022, the company and China Construction Bank Corporation(601939) Shanghai No.2 sub branch (hereinafter referred to as “CCB Shanghai No.2 sub branch”) signed relevant guarantee contracts for Hongyuan Hengli to handle comprehensive credit business.
On March 30, 2021 and May 28, 2021, the company convened the board of directors and the general meeting of shareholders respectively, deliberated and approved the proposal on providing guarantee for Hongyuan Hengli (Shanghai) Industrial Co., Ltd., and agreed that the company would provide guarantee for Hongyuan Hengli’s external financing within the limit of no more than RMB 1 million. For details, the company published on China Securities Journal, securities times, Shanghai Securities News and cninfo (www.cn. Info. Com. CN.) on March 31 and May 29, 2021 Relevant announcements of disclosure.
The guarantee provided by the company to Hongyuan Hengli is within the limit of the above proposal and does not need to be submitted to the board of directors and the general meeting of shareholders for deliberation.
2、 Basic information of the guaranteed
1. Company Name: Hongyuan Hengli (Shanghai) Industrial Co., Ltd
2. Date of establishment: June 18, 2013
3. Registered address: Room 309, third floor, building 2, No. 351, Wenshui East Road, Hongkou District, Shanghai Legal representative: Zhao Xiaoli
5. Registered capital: 500 million yuan only
6. Business scope: industrial investment, investment management, trade economy and agency, engaged in import and export business of goods and technology, supply chain management, goods warehousing, business consulting, sales and wholesale of various non-ferrous metal chemical products, Shenzhen Agricultural Products Group Co.Ltd(000061) , etc.
7. Relationship with the company:
Hongyuan Futures Co., Ltd. is a wholly-owned subsidiary of Shenwan Hongyuan Group Co.Ltd(000166) ; Hongyuan Hengli (Shanghai) Industrial Co., Ltd. is a wholly-owned subsidiary of Hongyuan Futures Co., Ltd.
8. Property right and control relationship:
The parent company Hongyuan Futures Co., Ltd. holds 100% of Hongyuan Hengli (Shanghai) Industrial Co., Ltd.
9. The data of total assets, liabilities, net assets and net profit of the guaranteed unit in each year are as follows:
The end of 2020 and the end of September 2021
Total assets (10000 yuan) 2927278230484070
Total liabilities (10000 yuan) 2413206024936903
Including: total bank loans (10000 yuan) 40988224699558
Total current liabilities (10000 yuan) 2413206024936903
Net assets (10000 yuan) 51407235547167
Project 2020 January September 2021
Operating income (10000 yuan) 8565459067318235
Total profit (10000 yuan) 599264541926
Net profit (10000 yuan) 461259406445
Note: the relevant data of the guaranteed as of September 30, 2021 have not been audited.
The guaranteed object Hongyuan Hengli (Shanghai) Industrial Co., Ltd. is not a dishonest executee.
3、 Main contents of guarantee agreement
On March 7, 2022, the company signed the maximum principal guarantee contract with the second branch of China Construction Bank Shanghai for handling the comprehensive credit business of Hongyuan Hengli.
Guaranteed (borrower): Hongyuan Hengli (Shanghai) Industrial Co., Ltd
Guarantee method: joint and several liability guarantee
Guarantee period: three years from the date of expiration of the debt performance period under the main contract, that is, three years from the date of expiration of the debt performance period agreed by the debtor in accordance with the specific business contract. The guarantee period under each specific business contract shall be calculated separately.
Maximum debt amount of principal: RMB 100 million only.
The above external guarantee items and amounts are in line with the provisions of the company’s proposal on providing guarantee for Hongyuan Hengli (Shanghai) Industrial Co., Ltd.
4、 Accumulated external guarantees and overdue guarantees
As of the announcement, the company has provided ten guarantees for Hongyuan Hengli in total, of which three have expired, and the outstanding credit amount is 6759581 million yuan. Before the implementation of this guarantee, the total amount of external guarantee of the company and its holding subsidiaries was 3881.1 million yuan, the cumulative amount of overdue guarantee was 0 million yuan, the amount of guarantee involved in litigation was 0 million yuan, and the amount of loss due to the judgment of losing the guarantee was 0 million yuan.
After the implementation of this guarantee, the total external guarantee of the company and its holding subsidiaries was 3981.1 million yuan, accounting for 4.42% of the latest audited net assets of the company. The accumulated amount of overdue guarantee is RMB, the amount of guarantee involved in litigation is RMB, and the amount of loss due to the judgment of losing the guarantee is RMB.
It is hereby announced.
Shenwan Hongyuan Group Co.Ltd(000166) board of directors March 8, 2002
