Securities code: Anhui Ankai Automobile Co.Ltd(000868) securities abbreviation: Anhui Ankai Automobile Co.Ltd(000868) Announcement No.: 2022020
Anhui Ankai Automobile Co.Ltd(000868)
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, and related directors Mr. Dai Maofang, Mr. Liu Yong, Mr. Li Yongxiang and Mr. Wang Delong withdrew from voting. The meeting deliberated and adopted the proposal on the company’s cooperation with JAC guarantee company to provide automobile repurchase guarantee and related party transaction for customers in 2022 by 5 votes in favor, 0 against and 0 abstention, and submitted the proposal to the 2021 annual general meeting of shareholders of the company for voting. The specific contents are announced as follows:
1、 Overview of guarantee
It is proposed to accelerate the development of the financing business with Hefei Huaihe Bus Co., Ltd. (hereinafter referred to as “guarantee fund”) to promote the development of the company. In order to meet the financing needs of customers approved by Jianghuai guarantee company, according to their requirements, the company repurchases vehicles or provides other guarantee measures under specific conditions agreed in relevant contracts. The business model includes but is not limited to buyer’s credit, financial leasing, etc.
The company plans to provide auto repurchase guarantee with a total amount of no more than RMB 100 million to customers who apply for mortgage loans from JAC guarantee company for the purchase of the company’s auto products in 2022. This limit is not within the limit of the proposal on the company’s provision of automobile repurchase guarantee for customers in 2021 to be submitted to the 2021 annual general meeting of shareholders for deliberation.
Jac guarantee company is a wholly-owned subsidiary of the controlling shareholder Anhui Jianghuai Automobile Group Corp.Ltd(600418) of the company, so it forms a related relationship.
According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, when the company handles the financing loan business for downstream car buyers in Jianghuai guarantee company, it provides a car repurchase guarantee of no more than 100 million yuan, which constitutes a connected transaction. The proposal still needs to be deliberated and approved by the general meeting of shareholders of the company. According to relevant regulations, the related shareholders Anhui Jianghuai Automobile Group Corp.Ltd(600418) must withdraw from voting at that time.
2、 Basic information of related parties
Company name: Hefei Anhui Jianghuai Automobile Group Corp.Ltd(600418) Financing Guarantee Co., Ltd
Company type: limited liability company
Address: Office 1301 / 1308, building C8, plot C-01, Binhu Times Square, No. 6669, Huizhou Avenue, Binhu District, Hefei legal representative: Tao Wei
Registered capital: RMB 500 million only
Business scope: financing guarantee business (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments) general projects: non financing guarantee services; Financial consultation; Engage in investment activities with its own funds (except for licensed business, it can independently operate projects not prohibited or restricted by laws and regulations)
Unified social information code: 91340100790141501p
Affiliated relationship: a wholly-owned subsidiary of Anhui Jianghuai Automobile Group Corp.Ltd(600418) the controlling shareholder of the company
Main financial data: as of December 31, 2021, Hefei Anhui Jianghuai Automobile Group Corp.Ltd(600418) Financing Guarantee Co., Ltd. had total assets of 1349878200 yuan, total liabilities of 70367500 yuan and net assets of 646260700 yuan. In 2021, it realized operating income of 1269791 million yuan and net profit of 496212 million yuan. (Unaudited)
3、 Basic information of the guaranteed
Natural and legal person customers with good reputation and loan conditions.
4、 Opinions of the board of directors
The board of directors of the company believes that the mode adopted by the company to provide customers with automobile repurchase guarantee is the bus mortgage loan commonly used in China. The implementation of this business can effectively stimulate the growth of sales revenue and ensure the long-term sustainable development of the company.
5、 Opinions of independent directors
The independent directors of the company believe that the mode adopted by the company to provide customers with automobile repurchase guarantee is the bus mortgage loan commonly used in China. The implementation of this business can effectively stimulate the growth of sales revenue and ensure the long-term sustainable development of the company. Agree to the matter.
6、 Accumulated external guarantees and overdue guarantees
As of December 31, 2021, the balance of repurchase guarantee liability provided by the company for automobile mortgage loan customers was 249485000 yuan, accounting for 94.05% of the audited net assets in 2021. Due to the overdue mortgage of customers, the amount of repurchase advance paid by the company was 195108100 yuan.
The company has no other overdue guarantee.
The board of directors of the company authorizes the chairman of the board of directors to sign all loan instruments. Loans beyond the scope of the above authorization must be implemented after being approved by the board of directors. This authorization is valid from the date of approval of the company’s 2021 annual general meeting of shareholders to the date of new resolutions made at the 2022 annual general meeting of shareholders.
7、 Directory of 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
