Securities code: Sunrise Group Company Limited(002752) securities abbreviation: Sunrise Group Company Limited(002752) Announcement No.: 2022025 Sunrise Group Company Limited(002752)
Announcement on the progress of the company’s guarantee for subsidiaries within the scope of consolidated statements
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.
Sunrise Group Company Limited(002752) (hereinafter referred to as “the company” or ” Sunrise Group Company Limited(002752) “) held the 16th meeting of the 4th board of directors on April 26, 2021 and the 2020 annual general meeting of shareholders on May 19, 2021, and deliberated and adopted the proposal on the estimated guarantee amount provided by the company for subsidiaries within the scope of consolidated statements, It is agreed that the company expects to provide joint and several liability guarantee of no more than RMB (or equivalent foreign currency) 1.796 billion (including) for subsidiaries within the scope of consolidated statements in 2021 (the guarantee amount includes extension or renewal of existing guarantee and new guarantee), of which the guarantee amount to be provided for subsidiaries with asset liability ratio of more than 70% is 688 million yuan, The amount of guarantee to be provided to subsidiaries within the scope of consolidated statements with asset liability ratio less than 70% is 1.108 billion yuan. The above guarantee amount is expected to be valid from the date of deliberation and approval at the 2020 shareholders’ meeting to the 2021 shareholders’ meeting.
1、 Overview of guarantee
Shengxing (Xi’an) packaging Co., Ltd. (hereinafter referred to as “Xi’an Shengxing”), a wholly-owned subsidiary of the company, intends to apply for a working capital loan with a total amount of 10 million yuan to Bank Of China Limited(601988) Xi’an Yanliang aviation high tech industry base sub branch (hereinafter referred to as ” Bank Of China Limited(601988) Yanliang sub branch”) due to the needs of production, operation and business development, and Sunrise Group Company Limited(002752) , The guarantee period is three years from the date of expiration of the repayment period of the main creditor’s rights.
2、 Basic information of the guaranteed party
1. Company name: Shengxing (Xi’an) packaging Co., Ltd
2. Company type: limited liability company (joint venture between Taiwan, Hong Kong, Macao and China)
3. Registered capital: 30666800 yuan
4. Equity structure: Sunrise Group Company Limited(002752) accounting for 75% of the registered capital; Shengxing (Hong Kong) Co., Ltd. accounts for 25% of the registered capital
5. Legal representative: Lin Yongbao
6. Date of establishment: January 18, 2019
7. Address: East of Tonghui road and south of Chuangye Road, Guanshan Industrial Park, Yanliang District, Xi’an City, Shaanxi Province
8. Business scope: engaged in the manufacturing, processing and sales of metal packaging products used to package the contents of all kinds of grain, oil, food, fruits and vegetables, beverages and daily chemical products.
9. Relationship with the company: wholly owned subsidiary of the company
10. Financial data of the latest year and period
As of December 31, 2020, Xi’an Shengxing had total assets of 978392 million yuan, total liabilities of 657143 million yuan (including short-term loans of 10000 yuan), net assets of 321249 million yuan, operating income of 919529 million yuan, total profit of 2.8186 million yuan and net profit of 2.435 million yuan (the above financial data have been audited).
As of September 30, 2021, Xi’an Shengxing had total assets of 1524697 million yuan, total liabilities of 1159482 million yuan (including short-term loans of 10000 yuan), net assets of 365215 million yuan, operating income of 1307827 million yuan, total profit of 5.526 million yuan and net profit of 4.3966 million yuan (the above financial data are Unaudited).
11. According to the inquiry on the website of the Supreme People’s court “the information publication and inquiry platform for the list of dishonest persons enforced by the national courts”, Xi’an Shengxing is not a dishonest person enforced.
3、 Main contents of guarantee contract
1. Creditor: Bank Of China Limited(601988) Xi’an Yanliang aviation high tech industry base sub branch
2. Guarantor: Sunrise Group Company Limited(002752)
3. Guarantee mode: joint and several liability guarantee
4. Guaranteed amount: principal 10 million yuan and related interest and other expenses
5. Guarantee scope: the creditor’s rights arising under the main contract constitute the main creditor’s rights of the contract, including principal, interest (including interest, compound interest and default interest), liquidated damages, compensation, expenses for realizing the creditor’s rights (including but not limited to litigation expenses, lawyer’s expenses, notarization expenses, execution expenses, etc.), losses caused to the creditor due to the debtor’s breach of contract and all other payable expenses.
6. Guarantee period: the guarantee period of this contract is three years from the expiration of the repayment period of the main creditor’s rights.
4、 Accumulated external guarantees and overdue guarantees
After this guarantee, the total amount of external guarantee of the company and its subsidiaries is 1613563200 yuan; The external guarantee balance of the company and its subsidiaries is 1111295100 yuan, accounting for 61.07% of the audited net assets of the company in the latest period (December 31, 2020), of which the external guarantee balance of the company is 1111295100 yuan (all guarantees to subsidiaries), and the external guarantee balance of subsidiaries is 0 yuan; There is no guarantee provided by the company and its subsidiaries to any third party outside the scope of the consolidated statements; The company and its subsidiaries have no overdue and outstanding guaranteed debts.
5、 Documents for future reference
1. Guarantee contract.
It is hereby announced.
Sunrise Group Company Limited(002752) board of directors
March 21, 2022
