Securities code: Ninestar Corporation(002180) securities abbreviation: Ninestar Corporation(002180) Announcement No.: 2022022 Ninestar Corporation(002180)
Announcement on the bank credit guarantee line provided by the company for wholly-owned subsidiaries
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are liable for false records, misleading statements or major omissions in the announcement.
In order to support the business development of Ninestar IMAGETECH Limited (hereinafter referred to as ” Ninestar Corporation(002180) Meiji”), a wholly-owned subsidiary of Ninestar Corporation(002180) (hereinafter referred to as “the company”), The company plans to provide the wholly-owned subsidiary Ninestar Corporation(002180) Meiji with a bank credit line of no more than 300 million yuan (including loans, L / C issuance, bank acceptance bills, guarantees, guarantees for domestic and foreign loans, etc.) (hereinafter referred to as “this guarantee”). The details are hereby announced as follows:
1、 Overview of this guarantee limit
The company plans to provide the wholly-owned subsidiary Ninestar Corporation(002180) Meiji with a bank credit line of no more than 300 million yuan (including loans, L / C issuance, bank acceptance bills, letter of guarantee, guarantee for internal guarantee and external loan, etc.). The validity period of this guarantee amount shall be valid within 12 months from the date of deliberation and approval by the general meeting of shareholders. When the actual guarantee business occurs, the specific guarantee terms shall be determined by the relevant parties through negotiation, and the company’s operation and management shall be authorized to be responsible for the specific implementation of the guarantee matters and sign the agreement documents related to this guarantee.
This guarantee needs to be submitted to the general meeting of shareholders of the company for deliberation.
2、 Information of the guaranteed Ninestar Image tech Limited
1. Basic information
Name: Ninestar Image tech Limited
Registered address: unit 18,9 / F., new commercial centre, No.9 on laistreet, Shatin, N.T., Hong Kong
Director: LV Rusong
Registered capital: HK $1 million
Registration No.: 1205115
Main business: Sales and trade of printing consumables and their parts; Investment management, etc.
Affiliated relationship: wholly owned subsidiary of the company
Date of establishment: January 18, 2008
Ninestar Image tech Limited is not a dishonest person.
2. Equity structure between the guaranteed and the listed company
Ninestar Corporation(002180)
100%
Zhuhai Hengqin gezhige Technology Co., Ltd
100%
NINESTAR IMAGE TECH
LIMITED
3. Key financial data
Unit: Yuan
September 30, 2021 (Unaudited) December 31, 2020 (audited)
Total assets 165112768089123107816775
Total liabilities 138671874452111499391607
Total current liabilities 131641623624111499391607
Net assets 264408936371160845168
January September 2021 (Unaudited) 2020 (audited)
Operating income 142790769995198399499310
Total profit -2213187234722107390
Net profit -4934515314019123560
3、 Main contents of the proposed guarantee
The guarantee amount is the amount drawn up according to the needs of Ninestar Corporation(002180) Meiji’s business development. The specific guarantee terms shall be determined by the relevant parties through negotiation when the actual guarantee business occurs, and the company’s operation management is authorized to be responsible for the specific implementation of the guarantee matters and sign the agreement documents related to the guarantee.
4、 Opinions of the board of directors
This guarantee is conducive to meeting the needs of the business development of Ninestar Corporation(002180) Meiji, a wholly-owned subsidiary of the company. The company has established a centralized fund management mode to monitor the capital flow and financial information of the subsidiary in real time, and master the capital use and guarantee risk of the subsidiary. The guarantee risk is controllable, and the board of directors agrees to this bank credit guarantee.
5、 Accumulated external guarantee amount and overdue guarantee amount
After this guarantee, the total amount of guarantee of the listed company and its holding subsidiaries was 18.419 billion yuan. After this guarantee, the total balance of external guarantee of the listed company and its holding subsidiaries was 10.806 billion yuan, accounting for 132.73% of the latest audited net assets of the listed company; The total balance of guarantees provided by listed companies and their holding subsidiaries to units outside the consolidated statements was 1.28 billion yuan, accounting for 15.72% of the latest audited net assets of listed companies. Up to now, the company and its subsidiaries have no overdue external guarantees, no external guarantees involving litigation and losses due to the judgment of losing the guarantee.
6、 Measures to prevent guarantee risks
The company has established a centralized fund management mode to monitor the fund flow and financial information of its subsidiaries in real time. Master the fund use and guarantee risk of the holding subsidiary, and the risk of both parties to the transaction, which can be monitored through centralized fund management to ensure the safe operation of the company’s overall funds, In strict accordance with the notice on regulating the external guarantee behavior of listed companies issued by China Securities Regulatory Commission and the Shenzhen Stock Exchange’s self regulatory guidelines for listed companies No. 1 – standardized operation of listed companies on the main board, the company’s external guarantee risk is effectively controlled.
7、 Opinions of independent directors
After verification, the bank credit guarantee line provided by the company for the wholly-owned subsidiary is no more than 300 million yuan, which is carried out according to the needs of the wholly-owned subsidiary’s own operation and development, has fulfilled the necessary deliberation procedures in accordance with relevant laws and regulations, the articles of association and other relevant provisions, and truthfully disclosed the matters related to the guarantee, without damaging the company, shareholders Especially the interests of minority shareholders. Therefore, we agree that the company will provide a bank credit guarantee line for its wholly-owned subsidiary, and agree that the board of directors will submit the matter to the third extraordinary general meeting of shareholders in 2022 for deliberation.
8、 Documents for future reference
1. Resolutions of the 29th meeting of the 6th board of directors;
2. Resolutions of the 23rd Meeting of the 6th board of supervisors;
3. Independent opinions of independent directors on matters related to the 29th meeting of the sixth board of directors.
It is hereby announced.
Ninestar Corporation(002180) board of directors
March 1, 2002
