Securities code: Jiangsu Linyang Energy Co.Ltd(601222) securities abbreviation: Jiangsu Linyang Energy Co.Ltd(601222) Announcement No.: pro 202227
Jiangsu Linyang Energy Co.Ltd(601222)
On the equity transfer of subsidiaries and the transfer of raised investment projects
Supplementary announcement
The company and all members of the board of directors guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents.
Jiangsu Linyang Energy Co.Ltd(601222) (hereinafter referred to as “the company”) disclosed the announcement of Jiangsu Linyang Energy Co.Ltd(601222) on equity transfer of subsidiaries and transfer of raised investment projects (Announcement No.: pro 202225) on April 14, 2022. The supplementary explanation of the creditor’s rights involved in this transaction is as follows:
As of the benchmark date of this transaction, August 31, 2021, The target company (Suzhou Jinyang New Energy Technology Co., Ltd., Suzhou Jinyao New Energy Technology Co., Ltd., Xiaoxian Huayao agriculture Cecep Solar Energy Co.Ltd(000591) Power Generation Co., Ltd., Xiaoxian Huafeng Modern Agriculture Co., Ltd. and Xiaoxian Yusheng New Energy Technology Co., Ltd.) still owes Anhui Linyang New Energy Technology Co., Ltd. (the “Transferor”) and its affiliates a total of 653960100 yuan (including loans and dividends), The loan has no interest from the beginning to the benchmark date of evaluation, and the interest is calculated at the one-year open loan market quotation interest rate (LPR) from the benchmark date of evaluation. The target company will repay 353960100 yuan within 90 days after the equity delivery date and the remaining 300 million yuan within 120 days after the equity delivery date. If it is overdue, it will pay liquidated damages at 0.03% of the unpaid amount every day.
Wuhan lvxi new energy Co., Ltd. (i.e. “the Transferee”) provides the transferor with the inquiry authority of the electricity charge bank account, so that the transferor can master the capital situation of the project company. In the case of unpaid share transfer funds and loans of the transferor, the capital of the project company shall not be used for other purposes except for normal revenue and expenditure. If the target company needs to handle other financing business with relevant financial institutions, the transferor and related parties shall give full cooperation and cooperate with the target company to successfully complete the financing business. The financing obtained by the target company shall give priority to repay the loans of the transferor and related parties, and provide the inquiry authority of relevant financing capital accounts.
The above debt repayment plan is to be repaid in stages. The company will disclose the progress in a timely manner in the follow-up as required. Please pay attention to and pay attention to the investment risks.
It is hereby announced.
Jiangsu Linyang Energy Co.Ltd(601222) board of directors
April 14, 2022
