Securities code: Hootech Inc(301026) securities abbreviation: Hootech Inc(301026) Announcement No.: 2022006 Hootech Inc(301026)
Announcement on capital increase of 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.
Hootech Inc(301026) (hereinafter referred to as "the company") held the fifth meeting of the sixth board of directors on March 15, 2022, deliberated and adopted the proposal of capital increase for wholly-owned subsidiaries. The specific situation is hereby announced as follows: I. overview of this capital increase
In order to meet the operation and development capital needs of the company's wholly-owned subsidiary shenhaotong metal (Shanghai) Co., Ltd. (hereinafter referred to as "shenhaotong"), the company plans to use its own capital of 80 million yuan to increase the capital of the wholly-owned subsidiary. After the capital increase, the registered capital of shenhaotong will increase from 20 million yuan to 100 million yuan, and the company holds 100% of its equity. This capital increase does not constitute a connected transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies.
According to the Shenzhen Stock Exchange GEM Listing Rules, the articles of association and other relevant provisions, this capital increase still needs to be submitted to the general meeting of shareholders of the company for deliberation. 2、 Basic information of the capital increase target 1. Company Name: shenhaotong metal (Shanghai) Co., Ltd
2. Unified social credit Code: 913100 00m A7B 4tj 1xj
3. Type: limited liability company (sole proprietorship of legal person invested or controlled by non natural person) 4. Registered capital: 20 million yuan 5. Legal representative: Chen Yu 6. Date of establishment: October 21, 2021 7. Business term: October 21, 2021 to October 20, 2051 8. Domicile: Building C, No. 888, Huanhu West Second Road, Lingang New Area, China (Shanghai) pilot Free Trade Zone
9. Business scope: general items: non ferrous metal alloy sales; Sales of high-performance non-ferrous metals and alloy materials; Procurement agency services; Import and export of goods; Import and export agency; Mechanical equipment leasing; Sales of new metal functional materials; Sales of metal packaging containers and materials; Sales of metal products; Metal ore sales. (except for the items that must be approved according to law, the business activities shall be carried out independently according to law with the business license) 10. Main financial data of the latest year and period:
Unit: RMB
Project 202112.31 / October December 2021 / 2022.2.28 / January February 2022
(Unaudited) (Unaudited)
Total assets 780587934513850214537
Total liabilities 37607387048776463530
Net assets 40451406415073751007
Operating income 38629691020457347944
Net profit -1548593591028610366
3、 Purpose of this capital increase, impact on the company and existing risks
The capital increase of shenhaotong this time will help to enhance its capital strength and optimize its capital structure, supplement its working capital needs in operation and development, improve its business undertaking capacity and enhance its market competitiveness, which is in line with the company's strategic planning and long-term interests.
The capital increase of shenhaotong does not harm the interests of the company and shareholders. After the completion of this capital increase, the shareholding ratio of the company to shenhaotong is still 100%, which will not change the scope of the company's consolidated statements and have an adverse impact on the company's financial and operating conditions.
The development of shenhaotong is affected by objective factors such as policy environment, market environment and development trend. There is some uncertainty whether it can achieve the expected effect. The company will pay full attention to the changes of industry and market, strengthen corporate governance and internal control, and reduce business and market risks. 4、 Documents for future reference
Resolution of the 5th meeting of the 6th board of directors.
It is hereby announced.
Hootech Inc(301026) board of directors March 16, 2022
