Securities code: Bohai Water Industry Co.Ltd(000605) securities abbreviation: Bohai Water Industry Co.Ltd(000605) Announcement No.: 2022009 Bohai Water Industry Co.Ltd(000605)
Announcement on the wholly-owned subsidiary’s intention to provide guarantee to its holding subsidiary
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
Tianjin anda water supply Co., Ltd. (hereinafter referred to as “anda water supply”) is a holding subsidiary of Tianjin Binhai Water Industry Group Co., Ltd. (hereinafter referred to as “Binhai water industry”), a wholly-owned subsidiary of Bohai Water Industry Co.Ltd(000605) (hereinafter referred to as “the company”), which holds 96.72% of the equity of Anda water supply. Due to the needs of business development, anda water supply plans to apply to banks and other financial institutions for comprehensive credit business or cooperate with financial companies with corresponding qualifications for financing business, with a total financing scale of no more than 200 million yuan. Binhai water industry plans to provide joint and several liability guarantee for the above loans according to the proportion of equity of Anda water supply.
At the 18th meeting of the 7th board of directors held on March 15, 2022, the company deliberated and adopted the proposal on the proposal of wholly-owned subsidiaries to provide guarantees to their holding subsidiaries. The voting results of the proposal were: 9 votes in favor, 0 votes against and 0 abstentions.
According to the provisions of the Listing Rules of Shenzhen Stock Exchange and other relevant normative documents and the articles of association, the guarantee matters need to be submitted to the general meeting of shareholders for deliberation.
2、 Basic information of the guaranteed
1. Name of the guaranteed: Tianjin anda water supply Co., Ltd
2. Date of establishment: January 17, 2004
3. Registered address: Dagang Economic Development Zone, Binhai New Area, Tianjin
4. Legal representative: Xiao Kai
5. Registered capital: 62286689 million yuan
6. Business scope: production and supply of tap water; Industrial water supply; Centralized water supply; Water supply technical advisory services; Project construction management; Water pipe parts sales; Construction of tap water supply project; Water supply facilities management, maintenance and supporting services; Water treatment technology development, technical consultation and technical services; Sales, installation, leasing and maintenance of water purification equipment, water treatment equipment and electrical equipment; Health information consultation; Health services; Leisure and fitness activities. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
7. Relationship with the company: anda water supply is the holding subsidiary of the company’s wholly-owned subsidiary Binhai water industry, which holds 96.72% equity of Anda water supply.
8. Relationship between anda water supply and the company’s equity:
9. Main financial indicators
As of December 31, 2020, the total assets of Anda water supply were 28671867551 yuan and the owner’s equity was 4341881754 yuan; In 2020, the operating income was 10760683785 yuan and the net profit was 37745384 yuan. The above financial data are audited.
As of September 30, 2021, the total assets of Anda water supply were 32536873144 yuan and the owner’s equity was 4356525860 yuan; From January to September of 2021, the operating revenue was 8470520176 yuan and the net profit was 14644106 yuan. The above financial data are unaudited.
10. Anda water supply is not a dishonest person.
3、 Main contents of the guarantee agreement
No guarantee agreement has been signed for this guarantee.
4、 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 10294203 million yuan (including the guarantee submitted to the shareholders’ meeting for deliberation), accounting for 51.04% of the net assets of the company audited in the latest period; The guarantee balance of the company and its holding subsidiaries for units outside the consolidated statements was 181431500 yuan (including the guarantee submitted to the shareholders’ meeting for deliberation), accounting for 9.00% of the company’s latest audited net assets. It does not involve overdue guarantee, litigation guarantee and the amount of loss that should be borne due to the judgment of losing the lawsuit due to the guarantee.
5、 Documents for future reference
Resolution of the 18th meeting of the 7th board of directors. It is hereby announced.
Bohai Water Industry Co.Ltd(000605) board of directors March 15, 2022
