Securities code: Beijing Kaiwen Education Technology Co.Ltd(002659) securities abbreviation: Beijing Kaiwen Education Technology Co.Ltd(002659) Announcement No.: 2022022 Beijing Kaiwen Education Technology Co.Ltd(002659)
Announcement on the progress of receiving funds returned by xinzhongtai
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.
Beijing Kaiwen Education Technology Co.Ltd(002659) (hereinafter referred to as "the company") recently received all funds and corresponding capital costs related to the performance guarantee of the Indian bridge project returned by Jiangsu xinzhongtai Bridge Steel Structure Engineering Co., Ltd. (hereinafter referred to as "xinzhongtai") totaling 5345610004 yuan. The details are hereby announced as follows:
1、 In the early stage, the company paid funds to the bank according to the performance guarantee
In 2017, the company sank the bridge steel structure business to xinzhongtai and sold 100% equity of xinzhongtai to Tianjin Zhongjing building materials Co., Ltd. (hereinafter referred to as "Zhongjing building materials") by listing in Beijing Equity Exchange. After the completion of the sale, the rights and obligations related to the bridge steel structure business shall be borne by xinzhongtai. In June 2021, due to the dispute over the performance guarantee of the original overseas Indian bridge project, the company advanced the principal and interest of the guarantee to Bank Of Nanjing Co.Ltd(601009) by means of deposit deduction and so on, totaling 5119091923 yuan.
The above situation is caused by the performance guarantee dispute of the project involved in the sale of bridge steel structure assets in the early stage of the company. Xinzhongtai issued a letter of commitment to the company on June 25, 2021, promising to return 5119091923 yuan and corresponding capital costs to the company no later than November 30, 2021. In case of violation of any commitment in the letter of commitment, all losses caused to the company shall be borne by xinzhongtai. Badachu Technology Group Co., Ltd., the controlling shareholder of xinzhongtai, and Zhongjing building materials promise to bear joint and several liabilities for xinzhongtai's repayment commitment and repayment obligations. 2、 The company received all the funds returned by xinzhongtai and the corresponding costs
As of April 1, 2022, the company has received the total amount of 5345610004 yuan that xinzhongtai should repay to the company, including 5119091923 yuan of principal and 226518081 yuan of capital cost. According to the commitment letter issued by xinzhongtai, the capital cost is calculated based on the actual return of principal in the current period actual days of use of funds interest rate (annualized interest rate 6%) / 360 (the starting date is June 4, 2021).
It is hereby announced.
Beijing Kaiwen Education Technology Co.Ltd(002659) board of directors
April 6, 2022
