Stock Code: 600941 stock abbreviation: China Mobile Announcement No.: 2022017
China Mobile Co., Ltd
Announcement on external guarantee plan in 2022
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Name of the guaranteed: subsidiary of China Mobile Co., Ltd. (hereinafter referred to as “the company” or “the company”) (refers to wholly-owned and holding subsidiaries within the scope of the company’s consolidated statements, the same below).
The amount of this guarantee and the guarantee balance actually provided for it: it is expected to provide new guarantee amount for the company’s subsidiaries in 2022, with the amount of USD not exceeding 172 million and the amount of RMB (or equivalent foreign currency) not exceeding 861 million. As of December 31, 2021, the guarantee balance actually provided by the company for the guarantee object is RMB 111 million.
Whether there is counter guarantee in this guarantee: none.
Cumulative overdue amount of external guarantee: none.
1、 Overview of guarantee
According to the needs of daily production and operation, the company plans to provide new guarantee amount for the company’s subsidiary China Mobile International Co., Ltd. (hereinafter referred to as “international company”) in 2022, and the total amount of USD shall not exceed 172 million; The company’s subsidiaries China Mobile Communications Group Finance Co., Ltd. (hereinafter referred to as “China mobile finance company”) and international company intend to provide new guarantee lines for the company’s subsidiaries in 2022, with the amount of RMB (or equivalent foreign currency) not exceeding 861 million yuan. Details are as follows:
Unit: USD million
Total amount guaranteed by guarantor
The asset liability ratio of the guarantor of the company is lower than that of international company 172
More than 70%
Unit: RMB million
Total amount guaranteed by guarantor
China Mobile Hubei Co., Ltd., China Mobile
Letter Group Hunan Co., Ltd., China Mobile Communications Group Hebei
China Mobile Communications Jiangxi Co., Ltd
The asset liability ratio of the guaranteed is lower than that of China Mobile Communication Group Yunnan Co., Ltd. and China mobile communication
More than 70% of Shanxi Xinxin Group Co., Ltd. and Anhui 650 of China Mobile Communication Group
China Mobile Finance Co., Ltd., China Mobile Communications Group Shanghai Co., Ltd
China Mobile Communications Group Design Institute Co., Ltd., China Mobile (Hangzhou)
State) Information Technology Co., Ltd., China Mobile Communications Group
Subsidiary companies of the company such as end Co., Ltd
The asset liability ratio of the guaranteed exceeds 150% of the subsidiaries of China Mobile Communications Group Ningxia Co., Ltd
Over 70%
The asset liability ratio of the guaranteed is lower than that of subsidiaries and fellow subsidiaries of International Corporation 13
More than 70% of international companies
The asset liability ratio of the guaranteed exceeds that of subsidiaries and fellow subsidiaries of international company 48
Over 70%
Total — 861
According to the relevant provisions of the articles of association of China Mobile Limited (hereinafter referred to as the “articles of association”) and the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 1 – standardized operation, China mobile finance and international corporation have fulfilled the internal decision-making procedures for the corresponding new guarantee amount with the asset liability ratio of the guaranteed not exceeding 70%.
According to the relevant provisions of the articles of association and the Listing Rules of Shanghai Stock Exchange, the corresponding new guarantee amount with the asset liability ratio of the guaranteed not exceeding 70% carried out by the company has been deliberated and approved by the board of directors of the company and does not need to be submitted to the general meeting of shareholders for deliberation.
According to the relevant provisions of the articles of association, the Listing Rules of Shanghai Stock Exchange and the self regulatory guidelines for listed companies of Shanghai Stock Exchange No. 1 – standardized operation, the corresponding new guarantee amount with an asset liability ratio of more than 70% carried out by China mobile finance corporation and international company has been deliberated and approved by the board of directors of the company and needs to be submitted to the general meeting of shareholders for deliberation.
The validity period of the above-mentioned new guarantee limit shall end at the annual general meeting of shareholders of the next year.
2、 Basic information of main guarantors
See the attached table for the basic information of the main guarantors.
3、 Main contents of guarantee matters
The guarantees to be provided by the company and its subsidiaries to the above-mentioned guarantors are non financing guarantees. The guarantee subject, each guarantee amount and guarantee period shall be subject to the actually signed guarantee contract. The company will examine and approve the guarantee items in strict accordance with the relevant provisions of relevant laws, regulations and system documents, and strictly control the compensation risk of the company.
4、 Opinions of the board of directors
The first board of directors of the company in 2022 deliberated and approved the proposal on external guarantee plan in 2022 and approved relevant guarantee matters. The independent non-executive directors of the company expressed their independent opinions on the proposal.
5、 Accumulated external guarantees and overdue guarantees
As of December 31, 2021, the company and its subsidiaries have no external guarantee; China mobile finance corporation provides non financing guarantee to other subsidiaries of the company, with a guarantee balance of 110 million yuan; International Corporation provides non financing guarantee to its subsidiaries, with a guarantee balance of RMB 100 million, which accounts for 0.011% of the company’s latest audited net assets in total with the above guarantee balance of China Mobile Finance Corporation, and there is no overdue guarantee.
It is hereby announced.
Board of directors of China Mobile Co., Ltd. March 23, 2022
Basic information of the guaranteed
(December 31, 2021 / year 2021)
Unit: RMB million
Significant or significant impact on the business scope of the name of the guaranteed company, total assets, total liabilities, bank current net assets, operating net profit, asset holder’s solvency, loan liability income liability ratio, or Have matters
Provide voice and voice
China Mobile International Limited Hong Kong travel business, Internet 189614774 0 369014187142671194 25.2% none
Company network business and various
value-added service
China Mobile Communications Group China Hubei telecom operation 4179411521 01046730273249964934 27.6% none
Hubei Co., Ltd
China Mobile Communications Group China Hunan Telecom Operation 4390615369 01356228537251033010 35.0% none
Hunan Co., Ltd
China Mobile Communications Group China Hebei telecom operation 4782817062 01611630766245142248 35.7% none
Hebei Co., Ltd
China Mobile Communications Group China Jiangxi telecom operation 3598616370015907 1961621639 367045.5% none
Jiangxi Co., Ltd
China Mobile Communications Group China Yunnan Telecom Operation 5192622707 02119529219294405605 43.7% none
Yunnan Co., Ltd
China Mobile Communications Group China Ningxia telecom operation 66145956 0 56676583275 – 595 90.1% none
Ningxia Co., Ltd
China Mobile Communications Group China Shanxi telecom operation 2472510597 0 97851412814239502 42.9% none
Shanxi Co., Ltd
Significant or significant impact on the business scope of the name of the guaranteed company, total assets, total liabilities, bank current net assets, operating net profit, asset holder’s solvency, loan liability income liability ratio, or Have matters
China Mobile Communications Group China Anhui Telecom Operation 4192812945 01159128983250814208 30.9% none
Anhui Co., Ltd
China Mobile Communications
