Securities code: Zhejiang Renzhi Co.Ltd(002629) securities abbreviation: Renzhi stock Announcement No.: 2022018 Zhejiang Renzhi Co.Ltd(002629)
Announcement on providing guarantee for wholly-owned subsidiaries to apply for loans from banks
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. Special risk tips:
Zhejiang Renzhi Co.Ltd(002629) (hereinafter referred to as "the company") provides guarantee for the wholly-owned subsidiary Sichuan Renzhi New Material Technology Co., Ltd. (hereinafter referred to as "the new material subsidiary") to apply for loans from the bank. The actual guarantee amount of new material subsidiary (asset liability ratio over 70%) is 12 million yuan, which exceeds 50% of the company's latest audited net assets. Please pay full attention to the guarantee risk, make prudent decisions and pay attention to the investment risk. 1、 Overview of guarantee
The company held the 24th Meeting of the 6th board of directors on March 18, 2022, and deliberated and approved the proposal on providing guarantee for wholly-owned subsidiaries to apply for loans from banks. In order to meet the business needs of new material subsidiaries, new material subsidiaries intend to apply for loans from banks of no more than 50 million yuan for a period of one year. The company provides guarantee for them in the form of but not limited to guarantee, mortgage guarantee and so on.
According to the articles of association and other rules and regulations, the above guarantee shall be submitted to the general meeting of shareholders for deliberation. At the same time, the general meeting of shareholders shall authorize the chairman of the company or his authorized person to go through all procedures related to guarantee and sign relevant documents within the above limit. 2、 Basic information of the guaranteed
Sichuan Xinren Technology Co., Ltd
Unified social credit Code: 91510700ma624fm451
Date of establishment: October 17, 2016
Legal representative: Chen Xi
Registered capital: 20 million yuan
Address: No. 6, south section of torch West Street, high tech Zone, Mianyang City
Main business: R & D, production, sales and trade of chemical materials, modified plastics, plastic pipes, composite pipes and other high-tech materials and their products. Drilling and completion technical services, downhole operation technical services, oil and gas production and transportation technical services, coiled tubing technical services, environmental protection engineering technical services, anti-corrosion and testing technical services, oilfield chemical development, production and sales (excluding inflammable and explosive drugs), wax oil development, production and sales (excluding inflammable and explosive drugs), oilfield special equipment and tools R & D, production and sales, petroleum machinery and equipment leasing, Import and export of goods and technology, development, production and sales of new materials, development, technology transfer and technical consulting services of electronic technology, biotechnology and energy technology, R & D and sales of integrated circuits, electronic products and computer software and hardware, hardware and electrical equipment, building and decoration materials, metal materials and products, chemical raw materials and products (except dangerous goods and precursor drugs), electromechanical equipment, wires and cables, rubber and plastic products, household appliances Sales of lighting equipment, daily necessities, clothing, shoes and hats, primary food Shenzhen Agricultural Products Group Co.Ltd(000061) , auto parts, jewelry, petroleum products (except franchising), electronic equipment, mechanical equipment, knitwear and textiles, cultural and office supplies, coal (without storage), mineral products (except special control), exhibition and display services, marketing planning, construction of landscaping project, building intelligence project and decoration project, Warehousing services (excluding dangerous goods). (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
Sichuan Renzhi New Material Technology Co., Ltd. is a wholly-owned subsidiary of the company and is not a dishonest executee. As of December 31, 2021, the new materials subsidiary has total assets of 720211 million yuan, total liabilities of 539503 million yuan and net assets of 182508 million yuan. In 2021, the operating income was 575404 million yuan, the total profit was -5.1135 million yuan and the net profit was -5.376 million yuan. (the above data has been audited) III. main contents of the guarantee agreement
The company provides guarantee for the new material subsidiary this time. The guarantee forms include but are not limited to guarantee guarantee, mortgage guarantee and other forms. The amount does not exceed 50 million yuan and the term is one year. The relevant guarantee matters shall be subject to the officially signed guarantee agreement. 4、 Opinions of the board of directors
The board of Directors believes that the new material subsidiary is a wholly-owned subsidiary of the company. At present, its operation is normal, and all links of its business activities are under the effective supervision of the company. This guarantee is conducive to the business operation of the new material subsidiary. The company's guarantee for the new material subsidiary's application for loans from the bank complies with the provisions of the notice on regulating the external guarantee behavior of listed companies (Zheng Jian Fa [2005] No. 120), and the above guarantee behavior will not damage the interests of the company, have an adverse impact on the company and its subsidiaries, and will not damage the interests of the company and the majority of investors.
5、 Opinions of independent directors
The directors believe that providing guarantee materials for the new business of the subsidiary is conducive to the operation of the new business of the subsidiary and meet the needs of the bank. The company's guarantee for the new material subsidiary's application for loans from the bank complies with the provisions of the notice on regulating the external guarantee behavior of listed companies (Zheng Jian Fa [2005] No. 120), and the above guarantee behavior will not damage the interests of the company, have an adverse impact on the company and its subsidiaries, and will not damage the interests of the company and the majority of investors. Therefore, the independent directors agreed that the company would provide guarantee for the wholly-owned subsidiary to apply for loans from the bank, and agreed to submit the above proposal to the 2021 annual general meeting of shareholders of the company for deliberation. 6、 Accumulated external guarantees and overdue guarantees
As of the date of this announcement, the total amount of guarantee of the listed company and its holding subsidiaries is RMB 50 million, and the total balance of external guarantee is RMB 22 million, accounting for 280.90% of the latest audited net assets of the listed company. The listed company and its holding subsidiaries did not provide guarantees to other units other than the consolidated statements, nor did they provide overdue external guarantees, external guarantees involving litigation, or bear losses due to the judgment of losing the guarantee. 7、 Documents for future reference
1. Zhejiang Renzhi Co.Ltd(002629) the resolution of the 24th Meeting of the 6th board of directors;
2. Independent opinions of independent directors on matters related to the 24th Meeting of the 6th board of directors.
It is hereby announced.
Zhejiang Renzhi Co.Ltd(002629) board of directors March 21, 2022
