Securities code: Anhui Ankai Automobile Co.Ltd(000868) securities abbreviation: Anhui Ankai Automobile Co.Ltd(000868) Announcement No.: 2022028 Anhui Ankai Automobile Co.Ltd(000868)
Announcement on carrying out financial leasing business with non related parties 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.
On March 18, 2022, Anhui Ankai Automobile Co.Ltd(000868) (hereinafter referred to as “the company”) held the 13th meeting of the 8th board of directors. With 9 votes in favor, 0 against and 0 abstention, the proposal on carrying out financial leasing business with non related parties was considered and adopted, and submitted to the 2021 annual general meeting of shareholders of the company for voting. The specific contents are announced as follows:
1、 Transaction overview
In order to further revitalize the stock assets, broaden financing channels, optimize financing structure and meet the daily business needs of the company, the company plans to carry out financial leasing business with relevant financial institutions and financial leasing companies with some equipment assets, with a financing amount of no more than 400 million yuan and a financing period of no more than 3 years.
According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange and the articles of association, the transaction amount accounts for 150.79% of the latest audited net assets of the company, which shall be submitted to the general meeting of shareholders for deliberation. This transaction 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.
2、 Basic information of counterparty
Financial institutions and financial leasing companies that carry out financial leasing business and have no affiliated relationship with the company.
3、 Basic information of transaction object
1. Subject name: some equipment of the company
2. Category: fixed assets
3. Ownership: the subject matter of the transaction has no mortgage, pledge or other third-party rights, no major disputes, litigation or arbitration involving relevant assets, and no judicial measures such as seizure and freezing. During the financial lease term, the company has the right to use the subject matter of the transaction.
4、 Main contents of transaction
1. Leasehold: some equipment of the company
2. Lease type: finance lease or leaseback and factoring business under it
3. Financing limit: no more than 400 million yuan
4. Lease term: no more than 3 years
5. Lease cost and payment method: repayment in installments according to the interest rate agreed in the agreement
The above agreement has not been signed. The board of directors of the company authorizes the management of the company to sign relevant contracts with non related parties according to the actual business needs. The final actual financing amount will not exceed the financing amount granted this time.
5、 Purpose of transaction and impact on the company
The company’s financial leasing business and financing by using existing production and operation equipment are conducive to further broaden financing channels, optimize the company’s debt structure, revitalize fixed assets, improve the utilization rate of existing fixed assets, help the company obtain the financial support required for daily operation, and further enhance profitability and market competitiveness. This transaction will not affect the company’s normal use of relevant production equipment used for financial leasing, will not have a significant impact on production and operation, will not affect the interests of the company and all shareholders, will not affect the independence of the company’s business, and the risk is controllable. 6、 Description of other matters
1. In view of the fact that the specific cooperation object has not been determined yet, the board of directors of the company plans to authorize the management of the company to decide the specific scheme (including but not limited to the selection of cooperative institutions, financing costs and other matters) within the above limit (no more than RMB 400 million, lease term no more than 3 years), and authorize the management of the company to be fully responsible for handling specific matters.
2. The board of directors of the company intends to authorize the legal representative of the company to review and sign all documents within the above limit.
7、 Opinions of independent directors
The company’s financial leasing business is conducive to further expand financing channels and meet the capital needs of the company’s business, which is in line with the interests of the company and all shareholders. The procedures of the board of directors to consider this matter are legal and compliant. The financial leasing business carried out by the company does not constitute related party transactions and does not damage the interests of the company and all shareholders, especially minority shareholders. We agree to the proposal and agree to submit it to the general meeting of shareholders for deliberation.
8、 Documents for future reference
1. Anhui Ankai Automobile Co.Ltd(000868) resolutions of the 13th meeting of the 8th board of directors;
2. Relevant independent opinions of independent directors.
It is hereby announced
Anhui Ankai Automobile Co.Ltd(000868) board of directors March 22, 2022
