Securities code: China National Complete Plant Import And Export Co.Ltd(000151) securities abbreviation: China National Complete Plant Import And Export Co.Ltd(000151) Announcement No.: 202222
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without any false records, misleading statements or major omissions.
China National Complete Plant Import And Export Co.Ltd(000151) announcement on holding subsidiaries applying for working capital loans and related party transactions from related parties I. overview of related party transactions
On April 22, 2022, China National Complete Plant Import And Export Co.Ltd(000151) (hereinafter referred to as "the company") held the 28th meeting of the 8th board of directors, deliberated and adopted the proposal on the holding subsidiary's application for working capital loan from Rongshi International Financial Management Co., Ltd. In order to ensure the normal development of the company's business, it is agreed that the company's holding subsidiary Yucheng International Investment Co., Ltd. (hereinafter referred to as "Yucheng international") applies for a working capital loan of no more than US $65 million from Rongshi International Financial Management Co., Ltd. (hereinafter referred to as "Rongshi financial") in 2022.
The shareholder of Rongshi financial assets is Rongshi International Holding Co., Ltd. (hereinafter referred to as "Rongshi international"), and Rongshi international and the controlling shareholder of the company, China complete equipment import and Export Group Co., Ltd. (hereinafter referred to as "Zhongcheng group") are all funded subsidiaries of China Development and investment Group Co., Ltd. In accordance with the relevant provisions of the Listing Rules of Shenzhen Stock Exchange and the articles of association, Rongshi financial resources is a related party of the company, which constitutes a related party transaction and must be submitted to the general meeting of shareholders of the company for deliberation.
According to the Listing Rules of Shenzhen Stock Exchange and the measures for the administration of major asset restructuring of listed companies, this connected transaction does not constitute major asset restructuring or backdoor, and there is no illegal guarantee and capital occupation to related parties, so it does not need to be approved by relevant departments.
2、 Basic information of related parties
1. Rongshi international treasury management company limited 2. Date of establishment: November 20, 2018
3. Registration place and code: incorporated in Hong Kong, registration code: 27680644. Chairman: Cui Hongqin
5. Registered capital: USD 50 million
6. Main business premises: room 1701, 17 / F, global building, 19 des Voeux Road Central, Hong Kong
7. Financial data at the end of the latest accounting period: as of December 31, 2021, unaudited operating income was 166823100 yuan, net assets was 402778700 yuan and net profit was 18223700 yuan.
After inquiry, Rongshi financial resources is not the person subject to execution for dishonesty.
3、 Main contents of related party transactions
Yucheng international, the holding subsidiary of the company, plans to apply for a working capital loan of no more than US $65 million from the actual financial resources. The interest rate of the loan granted by Rongshi finance to Yucheng International shall be determined by both parties through negotiation.
4、 Purpose of related party transactions and its impact on the company
This related party transaction is to ensure the normal development of the company's business. The withdrawal speed of the financial assets is fast and the period is flexible, which is conducive to the company to improve the efficiency of capital use and reduce the financing risk.
5、 The total amount of various related party transactions accumulated with related parties from the beginning of the year to the disclosure date
From the beginning of the year to the disclosure date, the company incurred interest expense of 449357263 yuan on borrowings with its financial assets.
6、 Prior approval and independent opinions of independent directors
This matter has been approved by the independent directors in advance and unanimously agreed to submit the proposal to the board of directors for deliberation. The independent directors of the company believe that the purpose of borrowing from related parties is to ensure the normal development of the company's business, and the loan interest rate complies with relevant regulations. This connected transaction will not affect the independence of the company and will not damage the interests of the company and shareholders, especially minority shareholders.
7、 Documents for future reference
1. Prior approval and independent opinions of independent directors of the company
2. Rongshi Treasury loan agreement (Draft)
It is hereby announced
China National Complete Plant Import And Export Co.Ltd(000151) board of directors April 23, 2002
