Securities code: 002997 securities abbreviation: Rayhoo Motor Dies Co.Ltd(002997) Announcement No.: 2021-106 Rayhoo Motor Dies Co.Ltd(002997)
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
(i) Basic information of this guarantee
Rayhoo Motor Dies Co.Ltd(002997) (hereinafter referred to as “the company”) signed the maximum guarantee contract with Wuhu Tianmenshan sub branch of Huishang Bank Co., Ltd. (hereinafter referred to as “Huishang bank”), and the company is the holding subsidiary Wuhu Ruihu Haobo mould Co., Ltd. (hereinafter referred to as “Ruihu Haobo”) ）Provide joint and several liability guarantee for the comprehensive credit agreement, loan contract, factoring contract, bank acceptance agreement, letter of guarantee issuance agreement, import / export documentary bill agreement and other trade financing contracts and / or other legal documents forming creditor’s rights and debts signed with Huishang bank from December 28, 2021 to December 15, 2022 and their amendments or supplements, The guarantee period shall be calculated separately according to each creditor’s right and shall be three years from the date of expiration of the performance period of each financing. The maximum amount of the aforesaid guarantee is RMB 5.1 million.
（2） Consideration of guarantee
The 19th meeting of the second board of directors held on December 28, 2020 and the first extraordinary general meeting of 2021 held on January 14, 2021 considered and adopted the proposal on the application of the company and its holding subsidiaries for credit line and guarantee from banks in 2021. It is agreed to provide guarantee for the wholly-owned and holding subsidiaries of the company to apply for bank credit and financing matters to other financing institutions, with a total guarantee amount of no more than RMB 528.65 million, including no more than RMB 518.65 million for the guarantee objects with asset liability ratio of more than 70%. The guarantee scope includes but is not limited to applying for comprehensive credit, borrowing, financial leasing and other financing or carrying out other daily business. The company provides joint and several liability guarantee of no more than RMB 5.1 million for the debts of the holding subsidiary Ruihu Haobo in banking financial institutions, and the guarantee period is three years from the expiration of the performance period of each financing.
2、 Basic information of the guaranteed
1. Company name: Wuhu Ruihu Haobo mould Co., Ltd
2. Date of establishment: April 21, 2017
3. Registered address: No. 89, Yongchang Road, Jiujiang Development Zone, Wuhu City, Anhui Province (Wuhu Haobo Technology Co., Ltd.)
(within the company)
4. Legal representative: Lin Kexin
5. Registered capital: 30 million yuan
6. Main business: mold R & D, production, maintenance and sales; Auto parts manufacturing; Warehousing services
(excluding dangerous goods); new energy technology research and development, technical consultation and technology transfer. (approval is required according to law.)
Business activities can only be carried out after the approval of relevant departments)
7. Ownership structure:
Lin Kexin, Xu Qiaohong
85%15%
Wuhu Haobo Technology Co., Ltd
51%49%
Wuhu Ruihu Haobo mould Co., Ltd
8. Financial data of the latest year and period
Unit: 10000 yuan
Main financial indicators December 31, 2020 / 2020 (audited November 30, 2021 / January November 2021) (Unaudited)
Total assets 19326.1922521.72
Total liabilities 15878.2718575.72
Net assets 3447.923946.00
Operating income 10623.6210488.69
Total profit 22.77451 million yuan twenty-one
Net profit 34.89422 sixty-one
9. Wuhu Ruihu Haobo mould Co., Ltd. has a good credit status and is not a dishonest executee.
3、 Main contents of the guarantee agreement
1. Guarantee method: joint and several liability guarantee
2. Guarantee period: three years from the date of expiration of the performance period of each financing.
3. Guarantee amount: RMB 5.1 million
4、 Guarantee scope: principal and interest of creditor’s rights (including penalty interest, compound interest and double debt interest during the period of delayed performance determined by effective legal documents), liquidated damages, damages, other payments payable, and expenses incurred in realizing creditor’s rights and security rights (including but not limited to legal fees, arbitration fees, property preservation fees, travel expenses, execution fees, evaluation fees, auction fees, service fees, announcement fees, lawyer fees, notarization fees, etc.).
4、 Opinions of the board of directors
After careful deliberation, the board of directors of the company believes that:
In order to support the production and operation of Ruihu Haobo, the company needs to provide guarantee (the total amount is 10 million yuan, and the company provides 5.1 million yuan). The minority shareholders of the guaranteed party provide the same proportion guarantee, and the risk is controllable. The above guarantee does not damage the interests of the company and all shareholders.
5、 Accumulated external guarantees and overdue guarantees
As of the disclosure date of this announcement, the external guarantee balance of the company and its holding subsidiaries was 360.2 million yuan (guarantee)
Guarantee contract amount) [main creditor’s right period signed between the company and Huishang bank on February 5, 2021
The original maximum guarantee contract from January 8 to January 8, 2022 will automatically become invalid due to the signing of this contract
Guarantee for subsidiaries. Accounting for 33.39% of the audited net assets attributable to the shareholders of the listed company in the latest period.
The company does not have any illegal guarantee, overdue guarantee, guarantee involving litigation and losses due to the judgment of losing the guarantee.
6、 Documents for future reference
1. Maximum guarantee contract; 2. Resolutions of the 19th meeting of the second board of directors; 3. Resolution of the first extraordinary general meeting of shareholders in 2021.
Rayhoo Motor Dies Co.Ltd(002997) board of directors
December 30, 2021
