Securities code: 002418 securities abbreviation: Zhe Jiang Kangsheng Co.Ltd(002418) Announcement No.: 2022-004 Zhe Jiang Kangsheng Co.Ltd(002418)
Announcement on providing guarantee for wholly-owned subsidiaries to apply for bank credit
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.
Zhe Jiang Kangsheng Co.Ltd(002418) (hereinafter referred to as “the company” or ” Zhe Jiang Kangsheng Co.Ltd(002418) “) convened the 26th meeting of the 5th board of directors on January 11, 2022, and deliberated and adopted the proposal on providing guarantee for wholly-owned subsidiaries to apply for bank credit with 8 votes in favor, 1 abstention and 0 opposition. According to the Listing Rules of Shenzhen Stock Exchange, the articles of association and other relevant provisions, the guarantee matters need to be submitted to the first extraordinary general meeting of the company in 2022 for deliberation. The details are hereby announced as follows:
1、 Overview of guarantee
Based on the needs of daily production and operation, Zhongzhi Yike Chengdu Automobile Co., Ltd. (hereinafter referred to as “Zhongzhi Yike”), a wholly-owned subsidiary of the company, plans to apply for a bank credit of no more than RMB 250 million from Bank Of Chengdu Co.Ltd(601838) Longquanyi sub branch (hereinafter referred to as ” Bank Of Chengdu Co.Ltd(601838) Longquanyi sub branch”), The company intends to provide guarantee for Zhongzhi Yike’s new bank credit with a validity period of no more than three years. The above guarantee line can be recycled within the validity guarantee period.
2、 Guarantee amount of the guaranteed party
The company held the 19th meeting of the 5th board of directors on August 26, 2021, deliberated and passed the proposal on providing guarantee for wholly-owned subsidiary’s application for bank credit, and agreed that the company would provide guarantee for the bank credit with a limit of no more than RMB 100 million and a term of no more than two years applied by its subsidiary Zhongzhi Yike to the bank. After the completion of this guarantee, the company’s guarantee amount to Zhongzhi Yike is shown in the table below:
Guaranteed amount
Whether the guarantor’s newly added share of the listed company up to now
The shareholding ratio of the guarantor to the secured party is the guarantee balance of phase I assets, the guarantee amount, and the net assets of the company’s latest affiliated guarantee assets and liabilities (RMB 10000) (RMB 10000)
Rate ratio
Zhe Jiang Kangsheng Co.Ltd(002418) Zhongzhi Yike 100% 123.76% 10000.00 25000.00 24.36% no
3、 Basic information of the guaranteed
(I) information of the guaranteed
Company name: Zhongzhi Yike Chengdu Automobile Co., Ltd
Date of establishment: January 16, 2006
Unified social credit Code: 9151011278268723xf
Registered address: No. 111, autocheng Avenue, Chengdu Economic and Technological Development Zone (Longquanyi District), Sichuan Province
Legal representative: Zhang Yong
Registered capital: 438.7075 million yuan
Business scope: development, design, manufacturing, sales and maintenance of pure electric passenger cars, pure electric city passenger cars, pure electric van transport vehicles, passenger cars and passenger car chassis, as well as related technical consultation, technical services and sales of spare parts and auto parts assemblies; Installation and maintenance of special equipment; Import and export of goods and technologies [for projects subject to approval according to law, business activities can only be carried out with the approval of relevant departments; business activities shall not be carried out without relevant administrative license (APPROVAL)].
Ownership structure: the company holds 99% of the shares, and Chun’an Kangsheng machinery mould Co., Ltd., a wholly-owned subsidiary of the company, holds 1%.
(II) financial situation of the guaranteed
Unit: RMB 10000
As of December 31, 2020 and September 30, 2021
Project / 2020 / January September 2021
(audited) (Unaudited)
Total assets 155038.67 98634.35
Net assets -18834.12 -23440.23
Operating income 35173.76 1937.32
Net profit -2910.60 -4579.64
Upon inquiry, the above guaranteed party is not a dishonest executee.
4、 Main contents of the guarantee agreement
The company has not signed relevant agreements on providing guarantee for the credit application to the bank. The specific guarantee method, guarantee amount and other terms and contents shall be determined by the company and its subsidiaries through negotiation with the bank, and finally the officially signed relevant guarantee agreement shall prevail.
5、 Opinions of the board of directors
The board of directors agrees that the company will provide guarantee for Zhongzhi Yike’s application for bank credit with a line of no more than 250 million yuan to the bank for a period of no more than three years to support the operation and development of the subsidiary and improve its bank loan financing ability.
6、 Accumulated external guarantees and overdue guarantees
After this guarantee, the total guarantee amount of the company and its holding subsidiaries is RMB 45 million, accounting for 31.32% of the company’s latest audited net assets; The total balance of guarantees provided by the company and its holding subsidiaries to entities outside the consolidated statements is RMB million, accounting for 0% of the latest audited net assets of the listed company. The company and its subsidiaries do not have guarantees for overdue debts, guarantees involving litigation and guarantees that should be borne due to losing the judgment.
7、 Documents for future reference
1. Resolutions of the 26th meeting of the 5th board of directors;
2. Resolutions of the 23rd Meeting of the 5th board of supervisors;
3. Prior approval and independent opinions of independent directors on matters related to the 26th meeting of the 5th board of directors.
It is hereby announced.
January 12, 2002
