Securities code: Nuode Investment Co.Ltd(600110) securities abbreviation: Nuode Investment Co.Ltd(600110) Announcement No.: pro 2022049 Nuode Investment Co.Ltd(600110)
Guarantee announcement
The board of directors and all directors of the company guarantee that the contents of this announcement are free from any false records, misleading statements or major omissions, and assume individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
● guaranteed persons: Nuode Investment Co.Ltd(600110) (hereinafter referred to as "the company" or " Nuode Investment Co.Ltd(600110) ), Huizhou United copper foil Electronic Material Co., Ltd. (hereinafter referred to as" Huizhou Electronics "), Qinghai Nord New Material Co., Ltd. (hereinafter referred to as" Qinghai Nord ")
● amount of this guarantee: 350 million yuan and 16 million US dollars in total
● total amount of external guarantee: RMB 3.533 billion (excluding this guarantee)
● whether there is counter guarantee in this guarantee: None
● cumulative overdue amount of external guarantee: None
1、 Overview of company guarantee
Nuode Investment Co.Ltd(600110) held the 52nd meeting of the ninth board of directors on April 15, 2022. The meeting considered and adopted the following matters:
1. Proposal on the company's plan to apply for comprehensive bank credit from China Everbright Bank Company Limited Co.Ltd(601818) Shenzhen Branch and be guaranteed by Qinghai electronics and Huizhou Electronics
The board of directors agreed that the company would apply to China Everbright Bank Company Limited Co.Ltd(601818) Shenzhen Branch for a comprehensive credit of 150 million yuan (with an exposure of 100 million yuan) for a period of 3 years, with joint and several liability guarantee provided by Qinghai Electronic Material Industry Development Co., Ltd. and Huizhou United copper foil electronic material Co., Ltd.
This proposal shall be submitted to the general meeting of shareholders for deliberation and approval.
2. Proposal on Huizhou electronics, a wholly-owned subsidiary of the company, plans to apply for comprehensive bank credit from Macao International Bank Co., Ltd. and be guaranteed by the company
The board of directors agreed that Huizhou United copper foil Electronic Materials Co., Ltd., a wholly-owned subsidiary of the company, applied to Macao International Bank Co., Ltd. for a comprehensive credit of US $16 million (exposure), with a loan term of one year, and the company provided guarantee for it. The guarantee term shall be subject to the time agreed in the guarantee contract.
This proposal shall be submitted to the general meeting of shareholders for deliberation and approval.
3. Proposal on Huizhou electronics, a wholly-owned subsidiary of the company, plans to apply for comprehensive bank credit from Huizhou Branch of China Minsheng Banking Corp.Ltd(600016) Co., Ltd. and the company will provide guarantee
The board of directors agreed that Huizhou United copper foil Electronic Materials Co., Ltd., a wholly-owned subsidiary of the company, applied for a comprehensive credit of RMB 100 million (exposure) to Huizhou Branch of China Minsheng Banking Corp.Ltd(600016) Co., Ltd., with a term of one year, and the company provided guarantee for it.
This proposal shall be submitted to the general meeting of shareholders for deliberation and approval.
4. Proposal on the company's holding subsidiary Qinghai Nord to apply for comprehensive bank credit from Industrial Bank Co.Ltd(601166) Xining branch and be guaranteed by the company
The board of directors agreed that Qinghai Nord new materials Co., Ltd., the company's holding grandson, applied for a comprehensive credit of RMB 100 million (exposure) to Industrial Bank Co.Ltd(601166) Xining branch for a period of one year, and the company provided guarantee for it. At the same time, the company took the 100 million shares of Qinghai Electronic Materials Industry Development Co., Ltd. held by the company as pledge guarantee.
This proposal shall be submitted to the general meeting of shareholders for deliberation and approval.
5. Proposal on the company's holding subsidiary Qinghai Nord to apply for comprehensive bank credit from China Everbright Bank Company Limited Co.Ltd(601818) Xining branch and be guaranteed by the company
The board of directors agreed that Qinghai Nord new materials Co., Ltd., the company's holding subsidiary, applied for a comprehensive credit of RMB 50 million (exposure) to China Everbright Bank Company Limited Co.Ltd(601818) Xining branch for a period of one year, which was guaranteed by the company and its wholly-owned subsidiary Qinghai Electronic Materials Industry Development Co., Ltd.
This proposal shall be submitted to the general meeting of shareholders for deliberation and approval.
2、 Basic information of the guaranteed
1. Nuode Investment Co.Ltd(600110) . It is mainly engaged in investing in high-tech industrial projects and other projects with its own funds: R & D, production and sales of new materials and new energy products; Production and sales of copper foil, copper foil industrial equipment and lithium-ion battery materials (excluding inflammable, explosive and toxic dangerous chemicals) (items that must be approved according to law and business activities that can be carried out only after being approved by relevant departments).
As of December 31, 2021, Nuode Investment Co.Ltd(600110) total assets are RMB 8705351400, owner's equity attributable to the parent company is RMB 3840087900, net profit attributable to the owner of the parent company is RMB 405084600 (audited), and asset liability ratio is 55.89%.
2. Huizhou United copper foil Electronic Materials Co., Ltd., a wholly-owned subsidiary of the company, was established in 2015 with a registered capital of 1.2 billion yuan. It is one of the company's copper foil production bases. Business scope: specializing in the production and sales of various electrolytic copper foil products of different specifications, the development of complete sets of special equipment and complete sets of technologies for industrial production of copper foil (excluding electroplating / casting processes), the import and export of goods and technologies (for projects that must be approved according to law, business activities can be carried out only after being approved by relevant departments).
As of December 31, 2021, Huizhou electronics has total assets of 12759413 million yuan, net assets of 728441 million yuan, operating income of 7573175 million yuan, net profit of 591685 million yuan (audited), and asset liability ratio of 42.91%.
3. Qinghai Nord New Material Co., Ltd., a holding company of the company, was established in 2015 with a registered capital of RMB 172 million. Business scope: production and sales of special equipment for electrolytic copper foil, electrolytic copper foil products, LED energy-saving lighting products, copper clad laminates, circuit boards and electronic materials; Processing and sales of metal materials; Operate import and export commodities other than those prohibited and designated by the state.
As of December 31, 2021, Qinghai Nord has total assets of 3262001 million yuan, net assets of 16515293 million yuan, operating income of 10134828 million yuan, net profit of 1519785 million yuan (audited), and asset liability ratio of 49.37%.
3、 Main contents of guarantee agreement
The agreement on providing guarantee for the financing application of the company and its wholly-owned and holding subsidiaries has not been signed.
4、 Opinions of the board of directors
The company held the 52nd meeting of the 9th board of directors and the 2021 annual board of directors on April 15, 2022. The directors attending the meeting unanimously agreed that there was no major risk in the company and its subsidiaries applying for financing and providing guarantee this time.
Amount of exposure to be guaranteed by the institution to be handled by the guaranteed company (10000 yuan)
Qinghai Electronic Material Industry Development Co., Ltd. China Everbright Bank Company Limited Co.Ltd(601818) Shenzhen
10000, Huizhou United copper foil electronic materials Nuode Investment Co.Ltd(600110) Shenzhen Branch
limited company
Huizhou United copper foil electronic materials Macau International Bank 1600
Nuode Investment Co.Ltd(600110) Co., Ltd
Company (USD)
Nuode Investment Co.Ltd(600110) Huizhou United copper foil electronic materials China Minsheng Banking Corp.Ltd(600016) hui10000
Ltd. Changzhou Branch
Nuode Investment Co.Ltd(600110) Qinghai nuoder New Material Co., Ltd. Industrial Bank Co.Ltd(601166) West 10000
Sining branch
Nuode Investment Co.Ltd(600110) , Qinghai Nord New Material Co., Ltd. China Everbright Bank Company Limited Co.Ltd(601818) West 5000
Electronic Material Industry Development Co., Ltd. sining branch
5、 External guarantee
The total amount of this guarantee is 350 million yuan and 16 million US dollars. The company's total external guarantees amounted to RMB 3.533 billion (excluding this guarantee), accounting for 92.01% of the owner's equity attributable to the parent company in the latest audit. As of December 31, 2021, the asset liability ratio of the company was 55.89%. The company has no overdue external guarantee.
It is hereby announced.
Nuode Investment Co.Ltd(600110) board of directors April 19, 2022
