Qingdao Tgood Electric Co.Ltd(300001) : Announcement on the application for comprehensive credit and provision of guarantee by the company and its subsidiaries

Securities code: 300001 securities abbreviation: Qingdao Tgood Electric Co.Ltd(300001) Announcement No.: 2021-097 Qingdao Tgood Electric Co.Ltd(300001)

Announcement on application for comprehensive credit and provision of guarantee by the company and its subsidiaries

The company and all members of the board of directors guarantee that the content of information disclosure is true, accurate and complete

False records, misleading statements or material omissions.

1、 Overview of credit and guarantee

Qingdao Tgood Electric Co.Ltd(300001) the 33rd meeting of the Fourth Board of directors deliberated and adopted the proposal on the application for comprehensive credit and provision of guarantee by the company and its subsidiaries, and agreed that the company and its subsidiaries planned to apply to banks and other financial institutions for a comprehensive financing credit line with a cumulative total amount of no more than RMB 12.7 billion (or equivalent in foreign currency) (the final credit line shall be subject to the actually approved credit line), And provide guarantees for comprehensive financing credit and project loans of no more than RMB 63121.1 million (including guarantees provided by the company and its subsidiaries, mutual guarantees between the company and its subsidiaries, and mutual guarantees between subsidiaries). The above comprehensive financing credit line can be recycled within the credit term and is mainly used for bank loans, opening and discounting of acceptance bills, letter of guarantee and other credit businesses. The above comprehensive financing credit line is not equal to the actual financing amount of the company, and the specific financing amount of the company will be determined according to the actual needs of its own operation.

The specific guarantee details are as follows:

Unit: 10000 yuan

Details of company's guarantee to subsidiaries

No. company name proposed credit line guarantee line credit period guarantee period

1 Qingdao Qingdao Tgood Electric Co.Ltd(300001) high voltage equipment Co., Ltd. 2000020000000 12 months

2 Yichang Qingdao Tgood Electric Co.Ltd(300001) Electric Co., Ltd. 500012 months 12 months

3 special call New Energy Co., Ltd. 2460002460000 12 months 12 months

4 special call New Energy Co., Ltd. 100001000012 months 36 months

5 Chuankai Electric Co., Ltd. 17600017600012 months 12 months

6 Xi'an Tedian Intelligent Charging Technology Co., Ltd. 225002250012 months 12 months

7 Qingdao Tedian New Energy Technology Co., Ltd. 2400024000 12 months 12 months

8 Shanghai Tedian new energy Co., Ltd. 80008000800012 months 60 months

9 Shenzhen Tedian new energy Co., Ltd. 100012 months 12 months

10 Dalian Tedian new energy Co., Ltd. 35003500 12 months 12 months

11 Chongqing tedai new energy Co., Ltd. 50012 months 12 months

12 Chengdu tedai new energy Co., Ltd. 411039600 12 months 12 months

13 Wuhan Tedian new energy Co., Ltd. 7111711160 months 60 months

14 Chongqing liangjiangte new energy Co., Ltd. 100012 months 12 months

15 Xi'an Chengtou Tedian new energy Co., Ltd. 200012 months 12 months

16 Qingdao Tgood Electric Co.Ltd(300001) Ximing Power Co., Ltd. 7000700012 months 12 months

17 Sichuan Areva Electric Co., Ltd. 300030012 months 12 months

18 Qingdao Tedian Intelligent Equipment Co., Ltd. 80008000800012 months 12 months

19 Nanjing Tedian new energy Co., Ltd. 100012 months 12 months

20 Kunming Tedian New Energy Development Co., Ltd. 100012 months 12 months

21 anqing Tongan xiongfengte new energy Co., Ltd. 200012 months 12 months

22 Qingdao transit special call New Energy Co., Ltd. 100012 months 12 months

Total 1590711589211

Guarantee details of Chuankai Electric Co., Ltd. to other subsidiaries

No. company name proposed credit line guarantee line credit period guarantee period

1 Qingdao Tgood Electric Co.Ltd(300001) Ximing Power Co., Ltd. 200012 months 12 months

2 Sichuan Areva Electric Co., Ltd. 200012 months 12 months

3 Qingdao Qingdao Tgood Electric Co.Ltd(300001) high voltage equipment Co., Ltd. 380003800012 months 36 months

Total 242000042000

Total (total 1 + total 2) 63271163211

The subsidiaries of the above companies intend to apply for comprehensive financing credit lines with a cumulative total amount of no more than RMB 632711 million (or equivalent foreign currency). The company and its subsidiaries intend to provide joint and several liability guarantees of no more than RMB 63121.1 million for the above credit and project loans, of which the guarantee line for companies with asset liability ratio of more than 70% shall not exceed RMB 586 million The guarantee amount for a company with an asset liability ratio of no more than 70% shall not exceed 5.726 billion yuan. According to the actual business situation, within the above guarantee limit, each company can adjust the guarantee limit to no more than RMB 100 million, but the total guarantee limit shall not exceed RMB 63121.1 million. The specific financing amount, guarantee period and implementation time shall be implemented in accordance with the contents and methods finally agreed with relevant banks or other financial institutions. In order to facilitate the smooth progress of the comprehensive credit financing business of the company and its subsidiaries, the board of directors of the company requests the general meeting of shareholders to authorize the chairman of the company or the personnel authorized by the chairman to sign the relevant legal documents within the above comprehensive credit line and guarantee line, and all the legal and economic responsibilities arising therefrom shall be borne by the company.

The above guarantee matters have been deliberated and approved at the first meeting of the Fifth Board of directors of the company, and need to be submitted to the general meeting of shareholders for approval before implementation.

2、 Basic information of the guaranteed

1. Qingdao Qingdao Tgood Electric Co.Ltd(300001) high voltage equipment Co., Ltd

Qingdao Qingdao Tgood Electric Co.Ltd(300001) high voltage equipment Co., Ltd. (hereinafter referred to as " Qingdao Tgood Electric Co.Ltd(300001) high voltage") is a wholly-owned subsidiary of the company. It was established on December 6, 2013 with a unified social credit code of 91370281081447057n. Its domicile is No. 1, Shangde Avenue, Jiaozhou economic and Technological Development Zone, Qingdao, Shandong Province. Its legal representative is Yu Dexiang, with a registered capital of 384.6 million yuan, The company type is limited liability company (sole proprietorship of legal person invested or controlled by non natural person), business scope: R & D, design, manufacturing, sales of 500kV and below power transformation and distribution equipment and provision of relevant technical services; Power equipment leasing and related technical services. R & D, production and sales of software products. Main financial indicators of Qingdao Tgood Electric Co.Ltd(300001) high voltage (unit: yuan):

Financial indicators December 31, 2020 September 30, 2021

Total assets 3286018815.313326167743.54

Total liabilities 1392311622.86844025522.13

Net assets 1893707192.45248214221.41

Operating income: 815780009.44433925136.70

Total profit 100779815.7866160369.71

Net profit 95415570.3858902327.60

2. Yichang Qingdao Tgood Electric Co.Ltd(300001) Electric Co., Ltd

Yichang Qingdao Tgood Electric Co.Ltd(300001) Electric Co., Ltd. (hereinafter referred to as "Yichang Qingdao Tgood Electric Co.Ltd(300001) ") is a first-class holding subsidiary of the company, with a shareholding ratio of 80%. Founded on March 12, 2018, the unified social credit code is 91420500ma4935p79l, the domicile is No. 98, Weihe 4th Road, Xiling District, Yichang City, the legal representative is Qu Dongming, the registered capital is RMB 50 million, the company type is other limited liability company, business scope: General Project: mechanical and electrical equipment manufacturing; Manufacturing of photovoltaic equipment and components; Manufacturing of distribution switchgear and control equipment; General equipment manufacturing (excluding special equipment manufacturing); Manufacturing of power transmission and distribution and control equipment; Manufacturing of power facilities and equipment; Research and development of distribution switch control equipment; Sales of power facilities and equipment; Distribution switch control equipment sales; Sales of electrical equipment; Engineering and technical research and test development; Professional design services; Technical services, technical development, technical consultation, technical exchange, technology transfer and technology promotion; Mechanical equipment leasing; Leasing of photovoltaic power generation equipment; Rental of special equipment; Contract energy management; Heat production and supply; Research and development of key technologies of waste heat power generation; Sales of mechanical and electrical equipment; Cecep Solar Energy Co.Ltd(000591) power generation technical services; Sales of photovoltaic equipment and components; Foreign contracted projects; Engineering management services; Licensed projects of engineering technical services (except planning management, survey, design and supervision): installation, maintenance and test of transmission, power supply and power receiving facilities; Electrical installation services.

Main financial indicators of Yichang Qingdao Tgood Electric Co.Ltd(300001) (unit: yuan):

Financial indicators December 31, 2020 September 30, 2021

Total assets 2345587.69192072140.54

Total liabilities 15639132.54181311612.85

Net assets 7816455.1510760527.69

Operating income 27313893.87104356642.22

Total profit 52767.691045298.46

Net profit -43314.64944072.54

As of the disclosure date of this announcement, the asset liability ratio of Yichang Qingdao Tgood Electric Co.Ltd(300001) has exceeded 70%.

3. Tedian new energy Co., Ltd

Teday new energy Co., Ltd. (hereinafter referred to as "teday") is a first-class holding subsidiary of the company, with a shareholding ratio of 77.7092%. Founded in

 

- Advertisment -