Stock Code: Huafa Industrial Co.Ltd.Zhuhai(600325) stock abbreviation: Huafa Industrial Co.Ltd.Zhuhai(600325) Announcement No.: 2022020 Huafa Industrial Co.Ltd.Zhuhai(600325)
Announcement on the company's 2022 annual guarantee plan
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are jointly and severally liable for false records, misleading statements or major omissions in the announcement.
Important content tips:
● name of the guaranteed: subsidiaries at all levels (hereinafter referred to as "subsidiaries"), associated companies and joint ventures (hereinafter referred to as "joint ventures") within the scope of the company's consolidated statements.
● on the basis of the guarantee balance as of December 31, 2021, it is estimated that the net increase of guarantee amount for subsidiaries and joint venture in 2022 will be 70 billion yuan and 26.4 billion yuan respectively. This guarantee plan needs to be deliberated by the general meeting of shareholders of the company.
● up to now, the company has no overdue external guarantee.
1、 Overview of guarantee
As of December 31, 2021, the total external guarantee balance of the company and its subsidiaries was 94.419 billion yuan, including 81.1 billion yuan for subsidiaries and 13.319 billion yuan for joint ventures. In order to smoothly promote the financing plan in the business process of the company in 2022, the company plans to increase the guarantee amount of 70 billion yuan to its subsidiaries and 26.4 billion yuan to the joint venture company on the basis of the above guarantee balance on December 31, 2021. According to the classification of the asset liability ratio of the guaranteed, the specific authorization for the guarantee amount of various guaranteed is as follows:
Unit: 100 million yuan
The guaranteed balance at the end of 2021 and the net increase of guarantee amount in 2022
Subsidiaries with asset liability ratio of 70% and above 509.77 441
Subsidiaries with asset liability ratio below 70% 301.23 259
Combined companies with asset liability ratio of 70% and above 91.50 131
Joint ventures with asset liability ratio below 70% 41.69 133
Total 944.19 964
2、 Basic information of the guaranteed and main contents of the guarantee
(I) the above-mentioned guarantors include subsidiaries and joint ventures of the company. The scope of guarantee includes: mutual guarantee between the company and subsidiaries, mutual guarantee between subsidiaries, and guarantee provided by the company and subsidiaries for joint ventures (excluding related parties). The above guarantee includes the following circumstances:
1. The amount of a single guarantee exceeds 10% of the latest audited net assets;
2. Any guarantee provided after the total amount of guarantee reaches or exceeds 50% of the latest audited net assets; 3. Any guarantee provided after the total amount of guarantee reaches or exceeds 30% of the latest audited total assets; 4. The guarantee provided for the guarantee object whose asset liability ratio exceeds 70%;
5. The accumulative guarantee amount within 12 consecutive months exceeds 30% of the company's latest audited total assets;
6. The guarantee that the accumulated guarantee amount exceeds 50% of the latest audited net assets of the company within 12 consecutive months.
See the attached table for the expected new guarantee events and the guarantor in 2022.
(II) according to their own business needs, the company and its subsidiaries can negotiate with financial institutions and creditors to determine the guarantee within the guarantee limit approved by the general meeting of shareholders. The specific guarantee type, method, amount and term shall be subject to the actually signed relevant documents.
(III) in principle, the company and its subsidiaries provide guarantee to the joint venture company according to the shareholding ratio. If the company provides guarantee beyond the shareholding ratio, the company will perform relevant decision-making procedures and require other shareholders of the guaranteed joint venture company to provide the same guarantee, or provide counter guarantee or other credit enhancement measures to the company.
(IV) the company shall meet the following conditions when adjusting the guarantee amount between joint ventures:
1. The single adjustment amount of the transferred party shall not exceed 10% of the latest audited net assets;
2. If the asset liability ratio exceeds 70% at the time of adjustment, the guarantee amount can only be obtained from the guarantee object whose asset liability ratio exceeds 70%;
3. At the time of transfer, the transferred party does not have overdue liabilities.
(V) this guarantee is the prediction made by the company based on the current business situation. In order to improve the efficiency of business handling, the board of directors plans to request the general meeting of shareholders to authorize the company's management team to determine the actual guarantee amount of specific guarantors (including new and newly established within the authorization period) within the amount approved by the general meeting of shareholders according to the actual business needs, and adjust the guarantee amount between the same category of guaranteed subjects, And signing relevant legal documents. The validity period of the authorization of the above guarantee plan is from the date of deliberation and approval of the company's general meeting of shareholders to the date of holding the 2022 annual general meeting of shareholders.
This guarantee has been deliberated and adopted at the 14th meeting of the 10th board of directors of the company. This guarantee plan still needs to be considered by the general meeting of shareholders of the company.
3、 Opinions of the board of directors
The board of Directors believes that this guarantee plan is to meet the financing needs of the company in the operation process of 2022, and will not have an adverse impact on the company and the company's sustainable operation ability; The guaranteed parties are all subsidiaries, joint ventures and associated companies within the scope of the company's consolidated statements, with controllable risks, which is conducive to meeting the company's business needs at this stage and sustainable and steady development.
Opinions of independent directors: this guarantee plan is to meet the financing needs of the company and its subsidiaries, associates and joint ventures at all levels in the operation process, and will not have an adverse impact on the company and the company's sustainable operation ability. The guaranteed parties are all subsidiaries, joint ventures and associated companies within the scope of the company's consolidated statements, with controllable risks, which is conducive to meeting the company's business needs at this stage and sustainable and steady development. The company strictly controls the external guarantee in accordance with the relevant provisions of the CSRC. The decision-making procedure of the company's external guarantee is legal and operates according to law. The external guarantee does not harm the interests of the company and minority shareholders.
4、 Cumulative guarantee amount
As of March 31, 2022, the total amount of external guarantees provided by the company and its subsidiaries was 98.745 billion yuan, accounting for 47.4% of the company's audited net assets in 2021, of which the total amount of guarantees provided to subsidiaries was 88.310 billion yuan.
Up to now, the company has no overdue external guarantee.
It is hereby announced.
Huafa Industrial Co.Ltd.Zhuhai(600325)
Board of directors
April 9, 2002
Annex: basic information of the guaranteed (I) information of subsidiaries
Unit: 10000 yuan
Preface name main business scope of legal person financial data of 2021
No. total assets net assets operating income net profit
Zhuhai HUAFA industrial stock real estate management; Wholesale and retail, purchasing and selling on a commission basis: building materials, metal materials (excluding gold), building hardware, five
One copy of Li guangningjin tools, electronic products and communication equipment (excluding mobile communication terminal equipment), chemical raw materials (excluding chemical hazards 12764552212083095822210216425487935), hardware and electrical equipment and chemical industry of the company.
Fitness and leisure activities; Sports health services; Experiential development activities and planning; Organize cultural and artistic exchange activities; trade
Zhuhai HUAFA Aote Meiwu training (excluding education training, vocational skill training and other training requiring permission); High risk sports (swimming)
2 Health Management Co., Ltd. (Li xiangdongyong); High risk sports (rock climbing); High risk sports (diving); Life beauty services; Catering 128007561061754452774854015 company service; Retail of sporting goods and equipment; Chess and card room service; Wholesale of sporting goods and equipment; Wholesale of daily necessities; Breeding stock
Poultry production; Agricultural specialty and auxiliary activities; Edible Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale; Non residential real estate leasing.
3. Zhuhai HUAFA building Wang Yu license project: construction engineering design; General contracting of housing construction and municipal infrastructure projects. 66230766531483557456117711 Ji Consulting Co., Ltd
4. Zhuhai Hualong building Wang Yu license project: construction engineering design; General contracting of housing construction and municipal infrastructure projects. 1907341 951.78542724 792.79 Ji Consulting Co., Ltd
Property leasing; Property agent; Property management (operating with qualification certificate); business management; Industrial investment; Real estate consulting
5 Zhuhai HUAFA business manager Li Xiangdong; Consulting, planning, operation and management of commercial real estate projects; Cleaning services; Landscaping; Design, production, 19813098 - 141262, 306115 - 163547 Business Management Co., Ltd. releases and acts as an agent for all kinds of advertisements at home and abroad; Enterprise planning; Business services (excluding licensed business items); Conference and Exhibition
Browsing service; General merchandise, wholesale and retail business.
The business scope recorded in the articles of association of Zhuhai HUAFA Landscape Engineering Co., Ltd.: landscape design, landscaping engineering and architectural decoration engineering (the above projects are supported by capital)
6 Cheng Co., Ltd. (Zhang Yan cross examination operation); Planting and sales of seedlings and flowers; Wholesale and retail of garden materials; Other sports (outward bound training); 3146368722290944158613 - 616.19 farm management; Inland farming.
General projects: investment activities with self owned funds; Advertising design and agency; Literary and artistic creation; Conference and exhibition services;
Education consulting services (excluding education and training activities involving license approval); Enterprise management consulting; Non residential real estate rental
Lease; Art agency; Retail of photographic equipment and telescope; Sales of household appliances; Project planning and public relations services; group
Zhuhai HUAFA yuechao cultural and artistic exchange activity; Personal business services; Sales of Arts and crafts and etiquette supplies (except ivory and its products)
7 Chemical Co., Ltd. (Kuang feiwai); Internet sales (except sales of goods requiring license); Lighting appliance sales; Other cultural and art brokerage agents; 2324185 546.69365650 - 321.37 digital content production services (excluding publishing and distribution); Sales of daily necessities; Sales of office supplies; Sales of daily necessities;
