Su Guangdong Xinhui Meida Nylon Co.Ltd(000782) Co., Ltd
Securities code: Sumec Corporation Limited(600710) securities abbreviation: Sumec Corporation Limited(600710) Announcement No.: 2022014 su Guangdong Xinhui Meida Nylon Co.Ltd(000782) Co., Ltd
Announcement on the guarantee provided by the company and its holding subsidiaries 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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
The guaranteed: Sumec Corporation Limited(600710) Hong Kong Co., Ltd., a wholly-owned subsidiary of su Guangdong Xinhui Meida Nylon Co.Ltd(000782) Co., Ltd. (hereinafter referred to as "the company"), and Yongcheng Trading Co., Ltd., a holding subsidiary.
This guarantee plan: provide financing guarantee with a total amount of no more than 825.17 million yuan, and the guarantee period is up to the date of the annual general meeting of shareholders in 2022.
As of the end of the year, the guarantee balance of the company was RMB 20290000, with an actual balance of RMB 4.11 million
Whether there is counter guarantee in this guarantee: None
Cumulative amount of overdue external guarantee: None
1、 Overview of guarantee
In 2022, according to the needs of business development, Jiangsu Sumec Corporation Limited(600710) Group Co., Ltd. (hereinafter referred to as Sumec Corporation Limited(600710) group), a wholly-owned subsidiary of the company, and Sumec Corporation Limited(600710) International Technology Trade Co., Ltd. (hereinafter referred to as "technology company"), a holding subsidiary of the company, intend to provide comprehensive credit line guarantee with a total amount of no more than 825.17 million yuan to its subsidiaries. The guarantee period expires on the date of the annual general meeting of shareholders in 2022. The details are as follows:
Unit: 10000 yuan
Serial number guarantor guaranteed amount of the guaranteed party
1. Jiangsu Sumec Corporation Limited(600710) Group Co., Ltd. Sumec Corporation Limited(600710) Hong Kong Co., Ltd. 18560
2 Sumec Corporation Limited(600710) International Technology Trading Co., Ltd. Yongcheng Trading Co., Ltd. 63957
Total 82517
Among them, Sumec Corporation Limited(600710) group plans to provide guarantee for the 185.6 million yuan comprehensive credit line applied by the wholly-owned subsidiary Sumec Corporation Limited(600710) Hong Kong Co., Ltd. (hereinafter referred to as "Hong Kong company") in Bank Of China Limited(601988) (Hong Kong) Co., Ltd. The technology company, the holding subsidiary of the company, plans to provide guarantee for the comprehensive credit line applied by the wholly-owned subsidiary Yongcheng Trading Co., Ltd. (hereinafter referred to as "Yongsu Guangdong Xinhui Meida Nylon Co.Ltd(000782) Co., Ltd.") to Bank Of China Limited(601988) (Hong Kong) Co., Ltd. and China Industrial And Commercial Bank Of China Limited(601398) (Asia) Co., Ltd., with a total guarantee balance of no more than 639.57 million yuan.
The guarantee has been deliberated and approved at the 13th meeting of the ninth board of directors of the company and needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
2、 Information of the guaranteed
1. Hong Kong company
Company name: Sumec Corporation Limited(600710) Hong Kong Limited
Registered address: Hong Kong, China
Registered capital: USD 30 million
Executive Director: Wang Jian
Main business scope: international trade, technical consulting services and foreign equity investment.
Shareholders: Sumec Corporation Limited(600710) group holds 100%
Operation: as of December 31, 2021, Sumec Corporation Limited(600710) Hong Kong Co., Ltd. has total assets of 462592100 yuan, total liabilities of 247450400 yuan and net assets of 215141700 yuan; In 2021, the company realized an operating income of 207046400 yuan and a net profit of 3872600 yuan.
2. Yongcheng company
Company name: Yongcheng Trading Co., Ltd
Registered address: Hong Kong, China
Registered capital: 1 Xgd Inc(300130) 013000 US dollars
Chairman: Zhao Weilin
Main business scope: Wholesale and retail of mechanical and electrical equipment, mechanical and electronic products, textile raw materials, petrochemical industry, steel, minerals, forest products, wood products and other products.
Shareholders: holding subsidiary technology company holds 100%
Operation: as of December 31, 2021, Yongcheng Trading Co., Ltd. had total assets of 2135956900 yuan, total liabilities of 1304534300 yuan and net assets of 831422600 yuan; In 2021, the operating income was 14073755200 yuan and the net profit was 103185800 yuan.
3、 Main contents of the guarantee agreement
After being deliberated and approved by the general meeting of shareholders of the company, relevant agreements will be signed when the actual financing guarantee and other situations occur.
Su Guangdong Xinhui Meida Nylon Co.Ltd(000782) Co., Ltd
4、 Opinions of the board of directors and independent directors
1. Opinions of the board of directors
Hong Kong company and Yongcheng company have stable operation and strong solvency. Providing guarantee for their credit and other businesses is conducive to improving the capital use efficiency of subsidiaries, promoting the sustainable, stable and healthy development of the company's main business, and in line with the overall interests of the company.
2. Opinions of independent directors
It is expected that the amount of financing guarantee provided by the company and its holding subsidiaries in 2022 will help promote the fund-raising and sound development of each subsidiary, further improve its economic benefits and meet the interests of the company and all shareholders. During the guarantee period, the company has the ability to control the operation and management risks of its subsidiaries without damaging the interests of the company and all shareholders. The deliberation and voting procedures of this matter comply with the provisions of the company law and the articles of association. 5、 Accumulated external guarantee quantity and overdue guarantee quantity
In 2021, the company had no external guarantee, and the amount of guarantee from subsidiaries to subordinate companies was 247684 million yuan. The actual guarantee balance at the end of 2021 was 824.19 million yuan, accounting for 14.13% of the audited net assets of Listed Companies in recent one year.
It is hereby announced.
Board of directors of su Guangdong Xinhui Meida Nylon Co.Ltd(000782) Co., Ltd. April 12, 2022
