Citic Securities Company Limited(600030)
About Jiangsu Chinagreen Biological Technology Co.Ltd(300970)
Verification opinions on the expected amount of external guarantee in 2022
Citic Securities Company Limited(600030) (hereinafter referred to as ” Citic Securities Company Limited(600030) ” and “sponsor”) as the sponsor of Jiangsu Chinagreen Biological Technology Co.Ltd(300970) (hereinafter referred to as ” Jiangsu Chinagreen Biological Technology Co.Ltd(300970) ” and “company”) for the initial public offering of shares and listing on GEM, in accordance with the provisions of relevant laws, regulations and normative documents such as the administrative measures for securities issuance and listing sponsor business, the Listing Rules of gem shares of Shenzhen Stock Exchange, during the continuous supervision period, Prudently checked the estimated external guarantee amount of Jiangsu Chinagreen Biological Technology Co.Ltd(300970) 2022 and issued the following opinions:
1、 Overview of guarantee
(I) basic information of guarantee: in order to meet the daily operation and business development needs of the company (including wholly-owned subsidiaries and holding subsidiaries), the company expects to provide a joint and several liability guarantee line of no more than 300 million yuan when wholly-owned subsidiaries and holding subsidiaries apply for comprehensive credit and loans from financial institutions in 2022, including 190 million yuan for companies with asset liability ratio less than 70%, The guarantee amount for companies with asset liability ratio higher than 70% is RMB 110 million. This guarantee includes but is not limited to general guarantee, joint and several liability guarantee, mortgage, pledge and other methods. Guarantee situation: the company provides guarantee for wholly-owned and holding subsidiaries or mutual guarantee with subsidiaries within the scope of consolidated statements.
The validity period of the guarantee limit is from the date of deliberation and approval of the company’s 2021 annual general meeting to the date of authorization of the next annual general meeting. The above guarantee amount and period can be adjusted between the guaranteed companies according to the actual situation, and the guarantee amount of the company shall be subject to the actual amount. The specific content of the guarantee agreement shall be subject to the agreement actually signed between the relevant subject and the financial institution.
2、 Estimated amount of guarantee provided
According to the company’s business development and capital budget in 2022, the company (including wholly-owned subsidiaries and holding subsidiaries) plans to provide the following companies with a total guarantee amount of about 300 million yuan within the validity period of the above external guarantee amount.
The details are as follows:
Unit:%, 10000 yuan
The proportion of the guarantee amount of the guarantor or the guaranteed party in the proportion of the listed company’s indirect shareholding of the guarantor or the guaranteed party in the balance of assets and liabilities in the first period (10000 yuan) guarantee amount the company’s latest net connection (%) rate (%) estimated asset proportion% guarantee
Siyang Huamao Agricultural Development Co., Ltd. 100.00 6.80 0.00500000 3.50
Siyang Huasheng Biological Technology Co., Ltd. 100.00 98.19 994.85400000 2.80
Jiangsu Huajun Biotechnology Co., Ltd. 85.00 94.26 176.26200000 1.40
Jiangsu hualusheng
Jiangsu Huamu Agricultural Development Co., Ltd. 80.00 92.85267720500000 3.50
limited company
Guangxi Jiangsu Chinagreen Biological Technology Co.Ltd(300970) Keno Technology Co., Ltd. 59.00 0.00 0.001200000 8.40
Chongqing hualvbei caoshengwuwu Technology Co., Ltd. 80.00 0.67 0.00200000 1.40
Total — 3848313000000-
3、 Basic information of the guaranteed
(I) Siyang Huamao Agricultural Development Co., Ltd
1. Company name: Siyang Huamao Agricultural Development Co., Ltd. (hereinafter referred to as “Huamao agriculture”)
2. Unified social credit Code: 9132132356784153xt
3. Enterprise type: limited liability company (sole proprietorship of legal person invested or controlled by natural person)
4. Legal representative: Yu Yangchao
5. Registered capital: 40 million yuan
6. Date of establishment: January 14, 2011
7. Address: No. 88, Ludu Avenue, modern agricultural industrial park, Siyang County
8. Business scope: planting and sales of crops, flowers, fruits and vegetables; Research and development, planting and sales of edible fungi;
Research and development of edible fungus production equipment and raw and auxiliary materials (excluding hazardous chemicals and strains) required for edible fungus production
Design and sales; Self support and agency of import and export business of various commodities and technologies (limited or prohibited by the state)
Except for goods and technologies whose import and export are prohibited).
(for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
9. The company holds 100% equity of Huamao agriculture.
10. Main audited financial data
Unit: 10000 yuan
December 31, 2021 December 31, 2020
Total assets 35683103315484
Total liabilities 242471176061
Owner’s equity 33258383139423
Project year 2021 to 2020
Operating income 9879801162436
Total profit 189790459005
Net profit 186415458968
Others: Huamao agricultural credit is in good condition and is not the person to be executed for breach of trust.
(II) Siyang Huasheng Biotechnology Co., Ltd
1. Company name: Siyang Huasheng Biotechnology Co., Ltd. (hereinafter referred to as “Huasheng biotechnology”)
2. Unified social credit Code: 913213235925570986
3. Enterprise type: limited liability company (sole proprietorship of legal person invested or controlled by natural person)
4. Legal representative: Yu Yangchao
5. Registered capital: 5 million yuan
6. Date of establishment: March 26, 2012
7. Address: Ludu Avenue, Zhongxing Town, Siyang County (south of provincial highway S245 in Modern Agricultural Industrial Park)
8. Business scope: research and development, planting and sales of edible fungi; Planting and sales of flowers, fruits and vegetables; R & D, design and sales of edible fungus production equipment and raw and auxiliary materials (excluding hazardous chemicals) required for edible fungus production; 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). (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
9. The company holds 100% equity of Huasheng biology.
10. Main audited financial data
Unit: 10000 yuan
December 31, 2021 December 31, 2020
Total assets 1331532796613
Total liabilities 1307381767163
Owner’s equity 241.51 294.50
Project year 2021 to 2020
Operating income 269376-
Total profit -52.99 -46.95
Net profit -52.99 -46.95
Others: Huasheng biological credit is in good condition, and it is not the person to be executed for dishonesty.
(III) Jiangsu Huajun Biotechnology Co., Ltd
1. Company name: Jiangsu Huajun Biotechnology Co., Ltd. (hereinafter referred to as “Huajun biotechnology”)
2. Unified social credit Code: 91321323ma1x5gw38f
3. Enterprise type: limited liability company
4. Legal representative: Feng Zhan
5. Registered capital: 10 million yuan
6. Date of establishment: September 6, 2018
7. Address: No. 79, Ludu Avenue, Zhongxing Town, Siyang County
8. Business scope: technology development, technical consultation, technical service and technology transfer in the fields of biotechnology and agricultural science and technology; Cultivation and sales of edible fungi; Research and development, production and processing of biological feed
