Securities code: Sunny Loan Top Co.Ltd(600830) securities abbreviation: Sunny Loan Top Co.Ltd(600830) Announcement No.: temporary 2022017 Sunny Loan Top Co.Ltd(600830)
2022 annual guarantee business plan
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents Sunny Loan Top Co.Ltd(600830) (hereinafter referred to as “the company”) held the fifth meeting of the 10th board of directors on March 9, 2022, deliberated and adopted the proposal on the company’s 2022 annual guarantee business plan. The guarantee business plan for 2022 is as follows:
1、 Total annual guarantee business
According to the company’s annual business plan, the company’s total guarantee business in 2022 will not exceed 6.5 billion yuan.
The guarantee business plan needs to be reviewed and approved by the general meeting of shareholders of the company. The guarantee business plan is an annual plan, which takes effect after being voted and approved by the general meeting of shareholders. The validity period is from the date of adoption by the general meeting of shareholders to the date of submission of the business plan of the next year to the general meeting of shareholders for adoption.
2、 Business types and target customer groups
（1） Non financing guarantee business
1. Main business introduction
The company’s non financing guarantee business mainly focuses on the project guarantee business in the field of construction, and the sub business types include project bidding guarantee, project performance guarantee, project advance payment guarantee, migrant workers’ wage payment guarantee, project quality guarantee, etc. The company provides counter guarantee for the contractor (the contractor or construction party of the project) when issuing the bank performance guarantee. Through this counter guarantee, the company obtains the corresponding expenses paid by the contractor.
2. Market and customers
The target market is mainly Zhejiang Province, which has expanded the markets of surrounding provinces such as Chongqing, Sichuan, Guangdong, Jiangsu and Jiangxi through channel cooperation and team introduction. The risk of engineering guarantee business is low. In terms of customer access, the basic access requirements include construction qualification above grade II, continuous profitability in recent two years, asset liability ratio of no more than 75%, etc. Since the asset liability ratio of construction units is generally high, generally around 75%, it is proposed to submit to the general meeting of shareholders for approval that the company can provide performance guarantee for customers with asset liability ratio below 75% (inclusive). （2） Financing guarantee business
1. Main business introduction
At present, the financing guarantee business of the company is mainly Xiangyi loan guarantee business, that is, it provides financing guarantee services for retail merchants holding tobacco monopoly licenses in Zhejiang Province to apply for microcredit loans in financial institutions through online platforms. The purpose of the loan includes the purchase of cigarettes and non tobacco commodities. The company collects guarantee fees from retail merchants through this guarantee method.
Other financing guarantee businesses occur less, mainly involving the provision of guarantee services for small, medium-sized and micro enterprises and “agriculture, rural areas and farmers” financing.
2. Market and customers
The company’s financing guarantee business is mainly aimed at providing guarantee for the financing of small and medium-sized enterprises, tobacco retail merchants, individuals and “agriculture, rural areas and farmers”; The target market is mainly Zhejiang Province. Xiangyi loan guarantee business relies on the tobacco online platform to market specific customers. After two screening by external banks and the company’s internal risk control evaluation system, the risk control means are effective. After the market operation in Zhejiang Province is mature, it will actively expand to provinces and cities.
3、 Risk control measures
All corporate financial businesses are included in the comprehensive risk management system, and project due diligence, approval, lending, contract review and post loan management are operated in strict accordance with the requirements of the company’s risk control system.
The company sets customer access conditions according to different businesses, including restrictions on customer qualification and financial indicators; At the same time, it has formulated detailed due diligence guidelines and specifications, and conducted in-depth investigation and arrangement on the enterprise’s credit and operation, project situation, performance ability, early-stage cooperation, etc. After the operation of the guarantee business, through on-site inspection and off-site inspection, track, supervise and analyze the changes of the basic situation of customers, the use of funds and the development of the project, as well as the major adjustments in the development process, the performance of contract agreements, etc., and give feedback regularly. Once the signal that may lead to the increase of business risk is found and identified, it shall be reported in time, and effective measures shall be taken in accordance with the internal management regulations of the company. The company also constantly adjusts the pre loan and post loan management methods and business operation guidelines according to the actual situation of business operation, so as to achieve faster and efficient risk management effect. 4、 Analysis on the impact of guarantee business on the company
The company takes non financing guarantee business as its core business, supports the financing guarantee business mode of “investment, guarantee and rent linkage”, and strives to strengthen the linkage of guarantee business and strengthen the expansion of guarantee business, which is conducive to improving the layout and construction of financial ecology, building a sharing mechanism of internal and external integration such as customers and channels, further improving the company’s comprehensive financial service ability and promoting the long-term development of the company.
It is hereby announced.
Sunny Loan Top Co.Ltd(600830) board of directors March 10, 2022
