Securities code: Oriental Energy Co.Ltd(002221) securities abbreviation: Oriental Energy Co.Ltd(002221) Announcement No.: 2022020 Oriental Energy Co.Ltd(002221)
Announcement on granting bank credit guarantee to subsidiaries
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special risk tips:
1. The total amount guaranteed by the company to its subsidiaries exceeds 100% of the latest audited net assets. Please pay full attention to the guarantee risk.
2. The company and its subsidiaries did not provide guarantee for units outside the consolidated statements. The guarantee provided for subsidiaries this time is conducive to solving the capital needs of their daily operation and promoting their operation and development, and the financial risk is within the controllable range of the company.
1、 Overview of guarantee
In order to meet the needs of business development of subsidiaries, the 36th meeting of the 5th board of directors of Oriental Energy Co.Ltd(002221) (hereinafter referred to as “the company” or ” Oriental Energy Co.Ltd(002221) “) deliberated and agreed that the company is a subsidiary Oriental Energy Co.Ltd(002221) (Ningbo) new materials Co., Ltd. (hereinafter referred to as “Ningbo new materials”), Oriental Energy Co.Ltd(002221) (Zhangjiagang) new materials Co., Ltd. (hereinafter referred to as “Zhangjiagang new materials”) Guangxi Tiansheng Port Co., Ltd. (hereinafter referred to as “Guangxi Tiansheng”) provides guarantee for the comprehensive credit line of RMB 840 million applied to relevant cooperative banks, and the guarantee period is subject to the actually signed guarantee contract.
The 27th meeting of the 5th board of directors and the fourth extraordinary general meeting of shareholders in 2021 have considered and approved the proposal on granting comprehensive credit guarantee line to subsidiaries and authorizing the approval of the board of directors, authorizing the board of directors to approve the provision of guarantee to subsidiaries according to the approval of bank credit within the guarantee line (foreign currency is converted according to the exchange rate of the same period) and the validity period of this year. Among them, the amount of guarantee for Ningbo new materials is 14 billion, Zhangjiagang new materials is 5 billion and Guangxi Tiansheng is 1.2 billion. The amount of guarantee provided in this review is within the authorized amount, which will take effect after being reviewed and approved by the board of directors. The expected situation is as follows:
Percentage of guarantee amount
Whether the guarantor and the guaranteed party are listed companies up to now
Maintain the guarantee amount and guarantee balance of financial institutions in the latest period of shares, and the related guarantor in the latest period
Proportion of Party’s asset liability ratio (100 million yuan) (100 million yuan) to guaranteed net assets
China Agricultural Bank Of China Limited(601288) shares
Ningbo Branch Co., Ltd. Ningbo 3
common
Xincai 75.31% 63.20% Daxie sub branch 79 82.45% no
Company Bank Of Beijing Co.Ltd(601169) shares
Material Co., Ltd. Ningbo Branch 2
Zhangjia China Agricultural Bank Of China Limited(601288) shares
common
Gangxin 91% 64.28% shares Co., Ltd. Zhangjia 2.5 37.45 39.21% no
Sigang branch
Material Science
Guangxi China Agricultural Bank Of China Limited(601288) shares
100% 65.03% shares Co., Ltd. Qinzhou 1.08 3.08 4.08% no
Si Tiansheng branch
(Note: the “shareholding ratio of the guarantor” in the table includes direct and indirect shareholding ratios.)
2、 Basic information of the guaranteed
(I) Oriental Energy Co.Ltd(002221) (Ningbo) new materials Co., Ltd
1. Basic information name of the guaranteed Oriental Energy Co.Ltd(002221) (Ningbo) new materials Co., Ltd
(original company name: Ningbo Fuji Petrochemical Co., Ltd.)
Date of establishment: October 25, 2012
Registered address: No. 6, Donggang North Road, Daxie Development Zone, Ningbo
Legal representative: Yan Weishan
The registered capital is 5177867408 million yuan
Business scope: general chemical manufacturing (excluding hazardous materials); Sales of synthetic materials; Production of chemical products (excluding licensed chemical products); Sales of petroleum products (excluding hazardous chemicals); Sales of chemical products (excluding licensed chemical products); Wholesale of hardware products; Sales of building materials; China cargo transportation agency; General cargo warehousing services (excluding hazardous chemicals and other items requiring approval) (in addition to the items subject to approval according to law, carry out business activities independently according to law with the business license). Licensed items: production of hazardous chemicals; Operation of hazardous chemicals; Technology import and export; Import and export of goods;
Import and export agency (for projects that must be approved according to law, business activities can be carried out only after being approved by relevant departments, and the specific business projects shall be subject to the approval results).
Ownership structure Oriental Energy Co.Ltd(002221) holds 69.14% shares, ABC Financial Asset Investment Co., Ltd. (representing ABC investment – Ningbo new material bond to equity investment plan) holds 12.34% (including 6.17% held by Donghua energy), BOCOM Financial Asset Investment Co., Ltd. holds 10.80% and CCB Financial Asset Investment Co., Ltd. holds 7.71%.
2. Main financial indicators (the financial data of 2020 have been audited; the financial data of January September 2021 have not been audited)
Unit: 10000 yuan
Subject: December 31, 2020 September 30, 2021
(January December 2020) (January September 2021)
Total assets 130731247129987749
Total liabilities 8592152282148746
Owner’s equity 4480972647839003
Operating income 4788312730162096
Operating profit 56670312630363
Net profit 42325981965181
Asset liability ratio 65.72% 63.20%
(II) Oriental Energy Co.Ltd(002221) (Zhangjiagang) new materials Co., Ltd
1. Basic information name of the guaranteed Oriental Energy Co.Ltd(002221) (Zhangjiagang) new materials Co., Ltd
Date of establishment: November 8, 2011
Registered address: No. 3, west side of Changjiang North Road, Yangtze River Chemical Industrial Park, Jiangsu
Legal representative: Zhou Yizhong
The registered capital is 2303125100 yuan
Business scope: imported propane (limited to the items listed in the license); Production of propylene, hydrogen and polypropylene; (limited to the items listed in the safety review approval); Wholesale of hazardous chemicals (limited to the items listed in the license); Wholesale of chemical raw materials and products (among which hazardous chemicals are operated according to the license project), engaged in the wholesale of propylene and polypropylene projects
Investment, storage of general goods, self support and agency of import and export business of various commodities and technologies (except for commodities and technologies limited 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).
Ownership structure Oriental Energy Co.Ltd(002221) holds 91% and ICBC financial assets investment Co., Ltd. holds 9%.
2. Main financial indicators (the financial data of 2020 have been audited; the financial data of January September 2021 have not been audited)
Unit: 10000 yuan
Subject: December 31, 2020 September 30, 2021
(January December 2020) (January September 2021)
Total assets 6800948489752087
Total liabilities 3683565957692943
Owner’s equity 3117382432059145
Operating income 4367655134481419
Operating profit 41500154450721
Net profit 33776793529178
Asset liability ratio 54.16% 64.28%
(III) Guangxi Tiansheng Port Co., Ltd
1. Basic information name of the guaranteed: Guangxi Tiansheng Port Co., Ltd
Establishment date: February 6, 2002. The acquisition was approved at the 18th meeting of the Fourth Board of directors of the company
Registered address: Yingling operation area, Guoying Avenue, Qinzhou Port Economic Development Zone
Legal representative: Jiang Zhengqiang
Registered capital: 200 million yuan
Business scope: wholesale of gasoline, kerosene and diesel; Sales of liquefied petroleum gas; External water supply; Gasoline, diesel, LPG, ethanol, acetic acid, ethyl acetate, propane and butane storage tank services; Sales of coal, coke, coking coal, mineral products, ferroalloy, ferronickel, ferronickel, grain, Shenzhen Agricultural Products Group Co.Ltd(000061) ; Loading, unloading and storage of coal, cement, ore, Shenzhen Agricultural Products Group Co.Ltd(000061) , bulk goods; Sales of asphalt and chemical products (except dangerous goods); Wharf investment and operation; since
Operate and act 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).
Ownership structure Oriental Energy Co.Ltd(002221) (shareholding ratio is 100%, including direct and indirect shareholding)
2. Main financial indicators (the financial data of 2020 have been audited; the financial data of January September 2021 have not been audited)
