Securities code: Hunan Yussen Energy Technology Co.Ltd(002986) securities abbreviation: Hunan Yussen Energy Technology Co.Ltd(002986) Announcement No.: 2022044 Hunan Yussen Energy Technology Co.Ltd(002986)
Announcement on adjusting the expected external guarantee amount of the company and its holding subsidiaries
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.
1、 Overview of guarantee
Hunan Yussen Energy Technology Co.Ltd(002986) (hereinafter referred to as "the company") deliberated and adopted the proposal on providing bank credit guarantee for subsidiaries at the 17th meeting of the second board of directors on April 22, 2021 and the 2020 annual general meeting of shareholders on May 18, 2021. Subsidiaries of the company (wholly-owned subsidiaries and holding subsidiaries) plan to apply to the bank for comprehensive credit or loan business according to the capital needs of 2021 and future production and operation plans and investment and development plans; In order to meet the needs of business development, the company plans to provide guarantee for its subsidiaries to apply for comprehensive credit or loan business from banks, with a guarantee limit of no more than RMB 2.5 billion. The validity period of the guarantee limit is from the date of deliberation and approval of the 2020 annual general meeting of shareholders to the date of holding the 2022 annual general meeting of shareholders. Authorize the management of the company to adjust the guarantee amount of each wholly-owned subsidiary according to the actual demand within the above total guarantee amount. For details, please refer to cninfo.com.cn published by the company on April 24, 2021 and May 19, 2021 respectively Announcement on providing bank credit guarantee for subsidiaries (Announcement No.: 2021017) and announcement on resolutions of 2020 annual general meeting of shareholders (Announcement No.: 2021028).
The company held the third meeting of the third board of directors on April 7, 2022, deliberated and adopted the proposal on adjusting the expected external guarantee amount of the company and its holding subsidiaries. In order to meet the capital needs of the company's large-scale project construction promotion and daily operation and management, the estimated guarantee amount of the new company and subsidiaries is RMB 250 million, and the adjusted guarantee amount is expected to be RMB 500 million. The estimated amount will exceed 100% of the latest audited net assets. Among them, the guarantee amount for subsidiaries with asset liability ratio higher than 70% shall not exceed 220 million yuan, and the guarantee amount for subsidiaries with asset liability ratio lower than 70% shall not exceed 280 million yuan. The validity period of the guarantee limit is from the date of approval by the general meeting of shareholders to the date of holding the annual general meeting of shareholders in 2022. The guarantee still needs to be deliberated and approved by the general meeting of shareholders of the company.
2、 Expected guarantee
After adjustment, the company's guarantee line for bank credit or loan business for subsidiaries and between subsidiaries shall not exceed RMB 5 billion, and the new guarantee line is RMB 2.5 billion, as follows:
The guarantee amount of the guarantor and the guaranteed party after the adjustment of the new guarantee amount of the guarantee amount (10000 yuan) (10000 yuan) (10000 yuan)
Huizhou Yuxin Chemical Co., Ltd. 5 Shenzhen Ecobeauty Co.Ltd(000010) 000 60000
Huizhou Yuxin New Material Co., Ltd. 1 China Vanke Co.Ltd(000002) 0000 120000 Huizhou Boke environmental protection new material Co., Ltd. 1 Ping An Bank Co.Ltd(000001) 00000
Other subsidiaries (expected to be newly established) 20000
Subsidiary Huizhou Yuxin New Material Co., Ltd. 100000 Huizhou Boke environmental protection new material Co., Ltd. 100000
Total 25 Shenzhen Tellus Holding Co.Ltd(000025) Tianma Microelectronics Co.Ltd(000050) 0000
The above guaranteed objects are all wholly-owned subsidiaries and holding subsidiaries of the company. The guarantee provided by the company can meet the capital needs of the rapid development of its business and meet the requirements of the company's development strategic planning. The above guarantee provided by the company is the maximum guarantee, and the relevant guarantee risks are within the control of the company, which will not have a significant impact on the normal operation of the company, will not have an adverse impact on the operation of the company, and is conducive to promoting the rapid development of the company. There is no violation of the relevant provisions of the CSRC and the articles of association.
The company guarantees the bank credit or loan business of subsidiaries and between subsidiaries, which is joint and several liability guarantee, including but not limited to guarantee guarantee, mortgage and pledge guarantee of real estate, etc.
3、 Basic information of the guaranteed
1. Huizhou Xinyu Chemical Co., Ltd
Registered address: No. 2, zhongdianchang Road, Xiayong Petrochemical Avenue, Daya Bay, Huizhou
Registered capital: 50 million yuan
Legal representative: Tan liangmou
Relationship with listed companies: wholly owned subsidiaries
Business scope: R & D, production and sales: methyl tert butyl ether, SEC butyl acetate, propane, sulfuric acid, n-butane, methanol, C4 mixture, liquefied gas, propylene, isooctane, heavy fraction (pentane foaming agent), 2-propanol and methyl acetate: import and export of goods; Technology import and export; The company's technology transfer and consulting business. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments.)
Main financial data of the last year:
As of December 31, 2021, the total assets were 7855204 million yuan, the total net assets were 5798333 million yuan, and the asset liability ratio was 26.18%. In 2021, the operating income was 3042116400 yuan and the net profit was 150446700 yuan. The above financial data were audited.
2. Huizhou Yuxin New Material Co., Ltd
Registered address: No. 2, zhongdianchang Road, Xiayong Petrochemical Avenue, Daya Bay, Huizhou (office building 1)
Registered capital: 500 million yuan
Legal representative: Shen Wu
Relationship with listed companies: holding subsidiaries
Business scope: R & D and sales: new materials and related products; Import and export of goods and technology; Transfer and consultation of new materials and technologies. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments.
）Main financial data of the last year:
As of December 31, 2021, the total assets are 1429460500 yuan, the total net assets are 240191400 yuan, and the asset liability ratio is 83.20%. In 2021, the operating income was 865863 million yuan and the net profit was -140126 million yuan. The above financial data were audited.
3. Huizhou Boke environmental protection new material Co., Ltd
Registered address: No. 88, Dongliu lane, Dazhe new village, Baihua Juwei, Baihua Town, Huidong County, Huizhou City, Guangdong Province
Registered capital: 200 million yuan
Legal representative: Hu Xianjun
Relationship with listed companies: holding subsidiaries
Business scope: manufacturing of synthetic materials (excluding hazardous chemicals), manufacturing of basic chemical raw materials (excluding manufacturing of licensed chemicals such as hazardous chemicals), production and sales of chemical products (excluding licensed chemical products) (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments.)
Main financial data of the last year:
As of December 31, 2021, the total assets were 2588275 million yuan, the total net assets were 1711423 million yuan, and the asset liability ratio was 33.88%. In 2021, the operating income was 0 million yuan and the net profit was -5.9906 million yuan. The above financial data were audited.
4、 Main contents of guarantee
Authorize the management of the company to adjust the guarantee amount of each wholly-owned subsidiary according to the actual demand within the above total guarantee amount. The legal representative of the company is authorized to sign relevant guarantee contracts and other relevant legal documents for the above guarantee matters. The specific contents of the guarantee contract shall be subject to the actual signing. The above guarantee matters need to be deliberated and approved by the general meeting of shareholders of the company.
5、 Opinions of the board of directors
The board of Directors believes that the matters related to the newly increased external guarantee amount are expected to comply with the actual situation of the company, the provisions of relevant laws and regulations and the articles of association, and the daily operation and long-term business development of the company. The above guaranteed objects are all wholly-owned and holding subsidiaries of the company. The company provides guarantees for them, which can meet the capital needs of the rapid development of their business and meet the requirements of the company's development strategic planning. The above guarantee provided by the company is the maximum guarantee, and the relevant guarantee risks are within the control of the company, which will not have a significant impact on the normal operation of the company, will not have an adverse impact on the operation of the company, and is conducive to promoting the rapid development of the company. There is no violation of the relevant provisions of the CSRC and the articles of association.
6、 Opinions of independent directors
The independent directors believe that the guaranteed objects of the company's newly increased guarantee line are the wholly-owned and controlled subsidiaries of the company, which are to meet the needs of all wholly-owned or controlled subsidiaries to apply for bank credit and carry out business activities from banks and financial institutions, belong to the needs of the company's normal production and operation and rational utilization of funds, the risk is controllable, and the decision-making procedure of external guarantee is legal, It is in line with the overall interests of the company, and there is no situation that damages the interests of the company and all shareholders, especially small and medium-sized shareholders. We agree that the company will adjust the estimated amount of external guarantee this time, and agree to submit the report to the 2021 annual general meeting of shareholders of the company for deliberation.
7、 Accumulated external guarantee and overdue guarantee of the company
As of December 31, 2021, the accumulated external guarantee balance of the company and its holding subsidiaries was 173.2 million yuan, all of which were guaranteed by listed companies as wholly-owned subsidiaries and holding subsidiaries, accounting for 8.08% of the company's latest audited net assets. The company and its holding subsidiaries have no overdue guarantees, guarantees involving litigation and losses due to the judgment of losing the guarantee.
8、 Documents for future reference
1. Resolution of the third meeting of the third board of directors
2. Resolution of the third meeting of the third board of supervisors
3. Independent opinions of independent directors on matters related to the third meeting of the third board of directors
It is hereby announced.
Hunan Yussen Energy Technology Co.Ltd(002986) board of directors
April 9, 2022
