Securities code: Ningbo Ronbay New Energy Technology Co.Ltd(688005) securities abbreviation: Ningbo Ronbay New Energy Technology Co.Ltd(688005) Announcement No.: 2022011 Ningbo Ronbay New Energy Technology Co.Ltd(688005)
Announcement on the company and its holding subsidiaries applying for comprehensive credit line and providing guarantee 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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important content note: the guaranteed parties are all subsidiaries of the company, among which Hubei rongbai lithium battery material Co., Ltd., Guizhou rongbai lithium battery material Co., Ltd., Ningbo rongbai lithium battery Trading Co., Ltd., jaese Energy Co., Ltd., Wuhan rongbai lithium battery material Co., Ltd., Xiantao rongbai lithium battery material Co., Ltd. and Ningbo rongbai Material Technology Co., Ltd. are wholly-owned subsidiaries of the company, and energymaterialtechnology Co, Ltd. is a holding subsidiary of the company.
In 2022, the company and its subsidiaries intend to apply for a comprehensive credit line of no more than 17 billion yuan from banks and other financial institutions, and provide a guarantee line of no more than 15 billion yuan for the credit of financial institutions and other financing, performance and other businesses of its subsidiaries. As of the disclosure date of this announcement, the actual guarantee balance of the company and its subsidiaries was RMB 5.113 billion, and the company had no overdue external guarantee. This guarantee needs to be submitted to the general meeting of shareholders for deliberation. There is no counter guarantee in this guarantee. The total amount of guarantee applied for by the listed company and its subsidiaries exceeds 100% of the latest audited net assets, which specially reminds investors to pay full attention to the guarantee risk.
1、 Overview of applying for comprehensive credit line and providing guarantee in 2022
（1） Overview of the situation
In order to ensure the continuous and steady development of the company’s production and operation, the company and its subsidiaries plan to apply for a comprehensive credit line of no more than 17 billion yuan from banks and other financial institutions in 2022, and handle working capital loans, project loans, issuing bank acceptance bills, issuing letters of credit, letter of guarantee, trade financing, financial leasing and other related businesses within the scope of the comprehensive credit line. The above credit line is not equal to the actual financing amount of the company, and the expected amount is within the total credit line, subject to the actual amount of the company, its subsidiaries and financial institutions. Within the credit term, the credit line can be recycled.
In addition, in order to meet the needs of operation and development and improve the decision-making efficiency of the company, the company and its subsidiaries intend to provide a guarantee line with a total amount of no more than 15 billion yuan for the credit of financial institutions and other financing, performance and other businesses of the subsidiaries. The guarantee methods include guarantee, mortgage, pledge and other guarantee types specified in relevant laws and regulations. The specific guarantee period shall be subject to the guarantee contract signed at that time. The estimated guarantee amount is distributed as follows:
Unit: 100 million yuan
Guarantee amount provided by the guaranteed party
Hubei rongbai lithium battery material Co., Ltd
Guizhou rongbai lithium battery material Co., Ltd
Ningbo rongbai lithium battery Trading Co., Ltd
JAESE Energy Co., Ltd. 9
Energy Material Technology Co., Ltd.
one
Wuhan rongbai lithium battery material Co., Ltd
Xiantao rongbai lithium battery material Co., Ltd
Ningbo rongbai Material Technology Co., Ltd
Total 150
The above guarantee amount can be adjusted within the scope of the company’s wholly-owned subsidiaries.
The validity period of the above application for comprehensive credit line and provision of guarantee is from the date of deliberation and approval of this matter at the 2021 annual general meeting to the date of convening the 2022 annual general meeting.
The board of directors of the company requests the general meeting of shareholders to authorize the board of directors of the company, and the board of directors of the company shall delegate the authorization to the management of the company to fully handle the text signing of the matters involved in the above comprehensive credit line and guarantee, as well as the approval, filing and other procedures of relevant regulatory authorities and other relevant matters.
(II) approval procedure
On March 28, 2022, the company held the 11th meeting of the second board of directors. The proposal on the application of comprehensive credit line and guarantee by the company and its subsidiaries in 2022 was considered and adopted by 8 votes in favor, 0 abstentions and 0 votes against. The independent directors expressed their independent opinions.
This matter still needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Basic information of the guaranteed
(I) Hubei rongbai lithium battery material Co., Ltd
Unit: 10000 yuan
Company name: Hubei rongbai lithium battery material Co., Ltd
Legal representative: Liu xianglie
Address: East of Chuangye Avenue, Gedian Development Zone, Ezhou City, Hubei Province (in bike Industrial Park)
Business scope: R & D, processing and sales of lithium ion battery materials, lithium batteries and accessories; Self operated and agent import and export of goods and technologies (excluding goods and technologies restricted or prohibited by the state)
The affiliated relationship between the guaranteed and the listed company is a wholly-owned subsidiary of the company or other major or contingencies affecting the guaranteed’s solvency
Project year 2021 / 2020/
December 31, 2021 December 31, 2020
Total assets 7394502825553357
Main financial data total liabilities 614933602046097700 yuan net assets
109779.88 50,923.81
Operating income 6631986333589925
Net profit 57936771158358
Note: the above financial data have been audited by Tianjian Certified Public Accountants (special general partnership).
(II) Guizhou rongbai lithium battery material Co., Ltd
Unit: 10000 yuan
Company name: Guizhou rongbai lithium battery material Co., Ltd
Legal representative: Zhang Huiqing
Address: qingganglang, Qimao Avenue, Honghuagang District, Zunyi City, Guizhou Province
Those prohibited by laws, regulations and decisions of the State Council shall not operate; If the license (examination and approval) is required by laws, regulations and decisions of the State Council, the business shall be operated on the basis of the license (examination and approval) documents after being approved by the examination and approval authority; If the business scope law, regulations and decisions of the State Council stipulate that there is no need for permission (examination and approval), the market entities shall choose their own business. (R & D, manufacturing, processing and sales of lithium battery materials, lithium batteries and accessories; dismantling, recycling and recycling of waste batteries; import and export of self operated and agent goods and technologies (except for goods and technologies restricted or prohibited by the state) (projects subject to approval according to law can only be approved by relevant departments)
Carry out business activities.))
The affiliated relationship between the guaranteed and the listed company is a wholly-owned subsidiary of the company or other major or contingencies affecting the guaranteed’s solvency
Project year 2021 / 2020/
December 31, 2021 December 31, 2020
Total assets 221643359636933
Main financial data: total liabilities 16135844, net assets 603427600 yuan
60,284.91 36,026.57
Operating income 2768982613912480
Net profit 23926331291647
Note: the above financial data have been audited by Tianjian Certified Public Accountants (special general partnership).
(III) Ningbo rongbai lithium battery Trading Co., Ltd
Unit: 10000 yuan
Company name: Ningbo rongbai lithium battery Trading Co., Ltd
Legal representative: Bai Houshan
Address: No. 50, Hengxing Road, xiaocao’e Town, Yuyao City, Zhejiang Province
Wholesale, retail, technical consultation and technical services of lithium batteries and accessories, chemical raw materials and products (excluding hazardous chemicals), metals and metal minerals, non-metallic minerals and products; Other hazardous chemicals: hydrochloric acid, nitric acid, sodium hydroxide solution [content ≥ quantity ≥ preparation], lithium hydroxide, sodium chlorate, nickel sulfate, sulfur business scope, cobalt acid, sulfuric acid, hydrogen peroxide solution [content 8%], sodium fluoride Wholesale of ammonia solution [containing ammonia 10%] (including explosive chemicals: nitric acid, hydrogen peroxide solution [content 8%], sodium chlorate) (bill trade); Import and export of self operated and agent goods and technologies, except those restricted or prohibited by the state. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
The affiliated relationship between the guaranteed and the listed company is a wholly-owned subsidiary of the company or other major or contingencies affecting the guaranteed’s solvency
Main financial data items 2021 / 2020/
(10000 yuan) December 31, 2021 December 31, 2020
Total assets 37233193308797
Total liabilities 24554902258619
Net assets 1267829 10
