Securities code: Angel Yeast Co.Ltd(600298) securities abbreviation: Angel Yeast Co.Ltd(600298) Lin No. 2022032 Angel Yeast Co.Ltd(600298)
Announcement on the forecast of providing guarantee for holding subsidiaries 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:
The name of the guarantor: the name of the name of the guarantor: the name of the name of the guarantor: the name of the name of the name of the name of the name of the name of the name of the name of the name of the guarantee: NAMEOF the name of the name of the name of the guarantee: NAMEOF the name of the name of the guarantee: NAMEOF the name of the guarantee: NAMEOF the name of the name of the guarantor: name of the name of the name of the name of the guarantor of the name of the name of the name of the name of the guarantee: NAMEOF the name of the name of the name of the Angel Yeast Co.Ltd(600298) ltd., angel enzyme preparation (Yichang) Co., Ltd. Angel Yeast Co.Ltd(600298) (Chongzuo) Co., Ltd Angel Yeast Co.Ltd(600298) (Dehong) Co., Ltd. Angel Yeast Co.Ltd(600298) (Pu'er) Co., Ltd. Angel Yeast Co.Ltd(600298) (Jining) Co., Ltd., kekekedala Angel Yeast Co.Ltd(600298) Co., Ltd., Angel (Hong Kong) Asset Management Co., Ltd
● the amount of this guarantee and the balance of the guarantee actually provided: it is estimated that the amount of external guarantee (all guarantees for holding or wholly-owned subsidiaries and subsidiaries) in 2022 will not exceed RMB 2.8 billion. From January 1, 2022 to the date of the meeting of the board of directors, a new guarantee was provided for the holding subsidiary Angel Yeast Co.Ltd(600298) (Chifeng) Co., Ltd., with an amount of 150 million yuan. As of the date of this board meeting, the company's accumulated balance of external guarantees (all guarantees to holding subsidiaries) was RMB 200 million and USD 148571 million, accounting for 4.3% of the company's audited net assets in 2021.
Cumulative amount of overdue external guarantee: no overdue guarantee.
1、 Overview of guarantee
According to the guidelines for the supervision of listed companies No. 8 - regulatory requirements for capital transactions and external guarantees of listed companies, after comprehensively considering the credit status, profitability and actual repayment ability of holding subsidiaries, it is proposed to make an estimate on the provision of guarantees for bank loans of holding subsidiaries in 2022, as follows:
The company of the company is the Angel Yeast Co.Ltd(600298) qienzyme preparation (Yichang) Co., Ltd. Angel Yeast Co.Ltd(600298) (Chongzuo) Co., Ltd. Angel Yeast Co.Ltd(600298) (Dehong) Co., Ltd The bank loans of Angel Yeast Co.Ltd(600298) (Pu'er) Co., Ltd. Angel Yeast Co.Ltd(600298) (Jining) Co., Ltd., kekekedala Angel Yeast Co.Ltd(600298) Co., Ltd. and Angel (Hong Kong) Asset Management Co., Ltd. are guaranteed, and the total amount of guarantee is expected to be no more than RMB 2.8 billion. See the following table for details:
Company type company name proposed guarantee amount guarantee method
Angel Yeast Co.Ltd(600298) (Chifeng) Co., Ltd. RMB 150 million joint and several liability guarantee
Angel Yeast Co.Ltd(600298) (Binzhou) Co., Ltd. RMB 100 million joint and several liability guarantee
Angel Yeast Co.Ltd(600298) (Liuzhou) Co., Ltd. RMB 200 million joint and several liability guarantee
Wholly owned
Angel Yeast Co.Ltd(600298) (Egypt) Co., Ltd. joint and several liability guarantee equivalent to RMB 500 million
subsidiary
Angel Yeast Co.Ltd(600298) (Hong Kong) Co., Ltd. joint and several liability guarantee equivalent to RMB 200 million
Angel Yeast Co.Ltd(600298) (Russia) Co., Ltd. is equivalent to 300 million yuan of joint and several liability guarantee
Angel Yeast Co.Ltd(600298) (Yichang) Co., Ltd. RMB 200 million joint and several liability guarantee
Angel enzyme preparation (Yichang) Co., Ltd. RMB 100 million joint and several liability guarantee
Angel Yeast Co.Ltd(600298) (Chongzuo) Co., Ltd. RMB 100 million joint and several liability guarantee
Dehong Holding Co., Ltd. (joint and several liability)
Subsidiary Angel Yeast Co.Ltd(600298) (Pu'er) Co., Ltd. RMB 200 million joint and several liability guarantee
Jining joint and several liability co., Ltd
RMB 200 million joint liability guarantee of kekekedala Angel Yeast Co.Ltd(600298) Co., Ltd
Holding
Angel (Hong Kong) Asset Management Co., Ltd
Sun company's joint and several liability guarantee of RMB 250 million
department
Total 2.8 billion yuan
Authorize the management to handle specific guarantee business within the above limit, and adjust the guarantee within the above limit according to the changes in the financial market.
The authorization period is from the date when the proposal is adopted by the general meeting of shareholders to the date when the 2022 annual general meeting of shareholders is held.
On March 25, 2022, the 39th meeting of the eighth board of directors deliberated and adopted the proposal on providing guarantee expectation for holding subsidiaries in 2022 with 11 affirmative votes, 0 negative votes and 0 abstention votes. This proposal needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Basic information of the guaranteed
(I) Angel Yeast Co.Ltd(600298) (Chifeng) Co., Ltd
1. Legal representative: Liu Peng
2. Registered capital: 133 million yuan
3. Registered address: South District of Yulong Industrial Park, Wudan Town, Ongniud Banner, Chifeng City, Inner Mongolia Autonomous Region
4. Business scope: production and sales of yeast for food processing; Fertilizer production and sales; Production and sales of bio organic fertilizer; Production and sales of compound fertilizer, mixed fertilizer, organic fertilizer, microbial fertilizer (microbial agent), organic-inorganic compound fertilizer, special fertilizer, organic water-soluble fertilizer, water-soluble fertilizer and other new fertilizers; Production and sales of sugar (white granulated sugar and soft white sugar); Sales of prepackaged crop seeds and prepackaged food (excluding dairy products); Production and sales of food additives; Sales of chemical products (excluding hazardous chemicals and precursor chemicals); Agricultural development (except special projects); Self operated and acting as an agent for the import and export of various commodities and technologies, except for the commodities and technologies restricted or prohibited by the state
5. Relationship with the company: wholly owned subsidiary
6. Financial status: as of December 31, 2021, the total assets were 1342018400 yuan, the total liabilities were 981366900 yuan, the total current liabilities were 844902600 yuan, the net assets were 360651500 yuan, the operating income was 990241000 yuan and the net profit was 48486500 yuan (the above data have been audited).
(II) Angel Yeast Co.Ltd(600298) (Binzhou) Co., Ltd
1. Legal representative: Sambo
2. Registered capital: 60 million yuan
3. Registered address: No. 139, Binbei Yongxin Road, Bincheng District, Binzhou City, Shandong Province Business scope: production and sales of various active fresh yeast, yeast for food processing and semi dry yeast, development of new varieties, import and export of goods and Technology (the validity period is subject to the license); Production and sales of organic fertilizer, humic acid water-soluble fertilizer, biological organic fertilizer and organic water-soluble fertilizer; Production and sales of feed; Production and sales of food additives. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
5. Relationship with the company: wholly owned subsidiary
6. Financial status: as of December 31, 2021, the total assets are 316459700 yuan, the total liabilities are 193023500 yuan, the total current liabilities are 189810000 yuan, the net assets are 123436200 yuan, the operating income is 317494900 yuan and the net profit is 11833400 yuan (the above data have been audited).
(III) Angel Yeast Co.Ltd(600298) (Liuzhou) Co., Ltd
1. Legal representative: LV Jiangbo
2. Registered capital: 171 million yuan
3. Registered address: 4. Hexi Industrial Park, Liucheng County, Liuzhou City, Guangxi Zhuang Autonomous Region Production and sales of yeast products and biological products; Production and sales of organic fertilizer, bio organic fertilizer, organic water-soluble fertilizer, compound microbial fertilizer, large element water-soluble fertilizer, trace element water-soluble fertilizer, amino acid water-soluble fertilizer and humic acid water-soluble fertilizer; Production and sales of food additive ammonia; Production and sales of feed and feed additives; Research and development of biochemical products; Import and export of goods and technology
5. Relationship with the company: wholly owned subsidiary
6. Financial status: as of December 31, 2021, the total assets are 903203 million yuan, the total liabilities are 3488064 million yuan, the total current liabilities are 1279492 million yuan, the net assets are 554394 million yuan, the operating income is 9682289 million yuan and the net profit is 823571 million yuan (the above data have been audited).
(IV) Angel Yeast Co.Ltd(600298) (Egypt) Co., Ltd
1. Legal representative: Sun Yuxiang
2. Registered capital: USD 20 million
3. Registered address: building 15 W / 4, Hassan Nasser street, adilasak District, Cairo, Egypt
4. Business scope: production and sales of active dry yeast, mixing and packaging of baking powder, production of biological fertilizer, beer yeast, yeast extract (flavor enhancer) and cell wall
5. Relationship with the company: wholly owned subsidiary
6. Financial status: as of December 31, 2021, the total assets were 10569361 million yuan, the total liabilities were 713018 million yuan, the balance of bank loans was 1422337 million yuan, the total current liabilities was 613376 million yuan, the net assets were 3438281 million yuan, the operating income was 7145351 million yuan, and the net profit was 1248051 million yuan (the above data have been audited).
(V) Angel Yeast Co.Ltd(600298) (Hong Kong) Limited
1. Legal representative: Mei Haijin
2. Registered capital: HK $680000
3. Registered address: Hong Kong business center, 188 Connaught Road West, Hong Kong
4. Business scope: trade
5. Relationship with the company: wholly owned subsidiary
6. Financial status: as of December 31, 2021, the total assets were 4191862 million yuan, the total liabilities were 3877684 million yuan, the total current liabilities were 3877684 million yuan, the net assets were 314177 million yuan, the operating income was 13382137 million yuan, and the net profit was -194716 million yuan (the above data have been audited).
(VI) Angel Yeast Co.Ltd(600298) (Russia) Co., Ltd
1. Legal representative: Qin Jianhua
2. Registered capital: RMB 180 million
3. Registered address: No. 1 office, No. 36 leftorstei street, dankov City, Lipetsk Prefecture
4. Business scope: production of yeast and other baking powder products; Production of yeast derivatives (yeast extract, yeast nucleic acid, yeast cell wall, yeast polysaccharide); Fertilizer and nitrogen compound production; Production of finished products of food additives, Bread Improvers and baking raw materials; Production of finished animal feed products and their components for farms; Production of feed yeast and feed additives; Production of food enzyme preparations; Goods transportation, technology import and export trade; Any other business activities that are not inconsistent with the company's objectives and the current laws of Russia
5. Relationship with the company: wholly owned subsidiary
6. Financial status: as of December 31, 2021, the total assets are 729303 million yuan, the total liabilities are 7201327 million yuan, the total current liabilities are 719982 million yuan, the net assets are 9.1676 million yuan, the operating income is 3645835 million yuan and the net profit is -8.9632 million yuan (the above data have been audited).
(VII) Angel Yeast Co.Ltd(600298) (Yichang) Co., Ltd
1. Legal representative: Chen Maoqing
2. Registered capital: 100 million yuan
3. Place of registration: No. 160, Yiting Avenue, Yiting District, Yichang City
4. Business scope: production and sales of yeast and yeast products for food processing, food additives and food; Production and sales of feed and feed additives; Production and sales of bio organic fertilizer, compound fertilizer, mixed fertilizer, organic fertilizer, microbial fertilizer (microbial agent) and organic-inorganic compound fertilizer; Import and export of goods and technology; Technology development, technology transfer, technical services and technical consultation; Biological science and technology research; Maintenance of other special equipment (for projects subject to approval according to law, business activities can be carried out only with the approval of relevant departments)
5. Relationship with the company: wholly owned subsidiary
6. Financial status: as of December 31, 2021, total assets were 530543600 yuan, total liabilities 389255100 yuan, total current liabilities 386255100 yuan, net assets 1412884 million yuan, operating income 394200 yuan and net profit 212884 million yuan (the above data have been audited).
(VIII) angel enzyme preparation (Yichang) Co., Ltd
1. Legal representative: Du Zhihong
2. Registered capital: 80 million yuan
3. Place of registration: No. 189, Yuting Avenue, Yuting District, Yichang City
4. Business scope: licensed items: food production; Food business; Food business (sales of prepackaged food); Food Internet sales; Food additive production; Production of formula food for special medical purposes; Food sales for special medical purposes; Drug production; Wholesale of drugs; goods
