Securities code: Guangdong Enpack Packaging Co.Ltd(002846) securities abbreviation: Guangdong Enpack Packaging Co.Ltd(002846) Announcement No.: 2022031 bond Code: 128079 bond abbreviation: Yinglian convertible bond
Guangdong Enpack Packaging Co.Ltd(002846)
Announcement on providing corresponding guarantee for subsidiaries to apply for credit and financing lines from relevant financial institutions in 2022
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.
Guangdong Enpack Packaging Co.Ltd(002846) (hereinafter referred to as "the company" or "the company" or " Guangdong Enpack Packaging Co.Ltd(002846) ") the 20th meeting of the third board of directors was held on April 23, 2022, with 7 affirmative votes and 0 negative votes, The proposal on the company and its subsidiaries applying for credit and financing lines from relevant financial institutions in 2022 and the proposal on the company providing guarantee for its subsidiaries applying for credit and financing lines from financial institutions in 2022 were deliberated and adopted with 0 abstentions. The above matters need to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation and voting.
The details are hereby announced as follows:
1、 Overview of applying for credit line and providing corresponding guarantee
(I) credit and financing matters
On April 23, 2022, the 20th meeting of the third board of directors of the company deliberated and adopted the proposal on the application of the company and its subsidiaries for credit and financing lines from relevant financial institutions in 2022, in order to meet the capital needs of business development and daily operation of the company and its subsidiaries, It is proposed that the company and its subsidiaries apply to relevant financial institutions (including but not limited to banks, financial leasing companies, etc.) for credit financing with a total amount of no more than RMB 2 billion (including this amount) in 2022. The specific contents are as follows:
1. In 2022, the company and its subsidiaries intend to apply to relevant financial institutions (including but not limited to banks, financial leasing companies, etc.) for a credit and financing line of no more than RMB 1.2 billion (including this amount), including but not limited to financial leasing, working capital loan, bank acceptance bill, letter of credit, bill discount, letter of credit, accounts receivable factoring, etc. the specific amount and business type shall be subject to the actual signed contract, Within the authorization period, the credit line can be recycled.
2. According to the project construction and development plan and actual financial situation of the company and its subsidiaries, the company and its subsidiaries intend to apply to financial institutions for medium and long-term comprehensive credit and financing lines of no more than RMB 800 million (including this amount), with a term of no more than 60 months (including 60 months), including but not limited to financial leasing, project loans, M & A loans, etc. the specific amount and business types shall be subject to the actual signed contract. Within the authorization period, It can be recycled within the credit line.
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation. The application for the above comprehensive credit line is valid from the date of deliberation and approval of the 2021 annual general meeting of shareholders to the date of convening the 2022 annual general meeting of shareholders.
In order to improve work efficiency and ensure the timeliness of handling procedures for financing business, the board of directors requested the general meeting of shareholders to authorize the chairman and his authorized personnel to handle specific procedures within the above limit and sign relevant contract documents.
(II) overview of providing guarantee for credit financing
In order to support the business development and daily operating capital needs of subsidiaries and ensure the smooth progress of the above credit financing matters, the company plans to provide a guarantee with a total amount of no more than RMB 1.5 billion (including this amount) for six subsidiaries to apply for credit financing from financial institutions, including:
1. For subsidiaries with asset liability ratio of more than 70%, apply for guarantee with credit financing of no more than 1.3 billion yuan, including guarantee with medium and long-term (no more than 60 months) credit financing of no more than 800 million yuan.
2. For subsidiaries with asset liability ratio of no more than 70%, apply for guarantee with credit financing of no more than 200 million yuan. The guarantee methods include but are not limited to joint and several liability guarantee, mortgage guarantee with the assets of the company or subsidiaries, etc. The actual guarantee amount shall be subject to the guarantee amount actually incurred by financial institutions and subsidiaries according to the actual business needs, and the guarantee balance at any time shall not exceed the guarantee amount deliberated and approved by the general meeting of shareholders.
This proposal needs to be submitted to the company's 2021 annual general meeting for deliberation. The validity of the above guarantee matters is from the date of deliberation and approval of the 2021 annual general meeting to the date of holding the 2022 annual general meeting. The specific guarantee period is subject to the signing of the actual contract. Meanwhile, the general meeting of shareholders is requested to authorize the chairman of the company to go through relevant procedures within the above approved amount and validity period according to the actual situation, and sign relevant contracts, agreements and legal documents on behalf of the company.
According to the Listing Rules of Shenzhen Stock Exchange, the above application for credit line, mortgage and provision of guarantee do not constitute related party transactions or major asset restructuring.
2、 Guarantee matters
(I) basic information of the guaranteed
1. Yinglian metal technology (Weifang) Co., Ltd
(1) Company name: Yinglian metal technology (Weifang) Co., Ltd. (hereinafter referred to as "Weifang Yinglian") (2) unified social credit Code: 91370724ma3dlgh27f
(3) Type: limited liability company (sole proprietorship of legal person invested or controlled by natural person)
(4) Legal representative: Weng Baojia
(5) Registered capital: 15 million yuan
(6) Date of establishment: May 5, 2017
(7) Address: West of Linjiu Road, Yexi village, Yeyuan Town, Linqu County, Weifang City, Shandong Province
(8) Business scope: processing and sales of packaging products and hardware products; Sales of metal materials and plastic raw materials (excluding hazardous chemicals); Self operated and acting as an agent for the import and export of various commodities and technologies, except for the commodities and technologies that the company is limited to operate or prohibited from import and export by laws and regulations. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
(9) The company holds 100% equity of Weifang Yinglian and is a wholly-owned subsidiary of the company.
Guangdong Enpack Packaging Co.Ltd(002846)
100%
Weifang Yinglian
(10) Main financial indicators:
Unit: RMB
December 31, 2020 December 31, 2021
Project (audited) (audited)
Total assets 466522237
Total liabilities 10757293742179460269
Including: total bank loans --
Total current liabilities 10757293741985175481
Total amount involved in contingencies --
Total net assets 37710328404338763447
Project 20202021
Operating income 698446057283 Shanghai Yanhua Smartech Group Co.Ltd(002178) 11
Total profit 965764940690940727
Net profit 773262259567567340
Asset liability ratio 22.19% 33.44%
2. Guangdong Grand Slam Packaging Co., Ltd
(1) Company name: Guangdong Grand Slam Packaging Co., Ltd. (hereinafter referred to as "Guangdong Grand Slam")
(2) Unified social credit Code: 91441900736152744l
(3) Type: limited liability company (sole proprietorship of legal person invested or controlled by natural person)
(4) Legal representative: Chen Jinglu
(5) Registered capital: 50 million yuan
(6) Date of establishment: January 2, 2002
(7) Address: Sanyong, Zhongtang Town, Dongguan City
(8) Business scope: production, sales and online sales: packaging products, packaging materials (excluding hazardous chemicals), prepackaged food, machinery and equipment; Metal material processing and sales; R & D and technology transfer of energy-saving technology and resource regeneration technology; Import and export of goods and technology.
(for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
(9) The company holds 100% equity of Guangdong Grand Slam, which is a wholly-owned subsidiary of the company.
Guangdong Enpack Packaging Co.Ltd(002846)
100%
Guangdong Grand Slam
(10) Main financial indicators:
Unit: RMB
December 31, 2020 December 31, 2021
(audited) (audited)
Total assets 2458604411324161146493
Total liabilities 97671415148015594207
Including: total bank loans 10000 Ping An Bank Co.Ltd(000001) Tianjin Yiyi Hygiene Products Co.Ltd(001206) 944
Total current liabilities 733500038264 Angang Steel Company Limited(000898) 46
Total amount involved in contingencies --
Total net assets 1481890259916145552286
Project 20202021
Operating income 1934469224521746529193
Total profit 18956034911433097562
Net profit 16819709901326649687
Asset liability ratio 39.73% 33.18%
3. Yinglian metal technology (Shantou) Co., Ltd
(1) Company name: Yinglian metal technology (Shantou) Co., Ltd. (hereinafter referred to as "Shantou Yinglian") (2) unified social credit Code: 914405136864263558
(3) Type: limited liability company (sole proprietorship of legal person)
(4) Legal representative: Weng Baojia
(5) Registered capital: 200 million yuan
(6) Date of establishment: March 27, 2009
(7) Address: No. 6, Nanqiang Road, nanshanwan Industrial Park, Haojiang District, Shantou City
(8) Business scope: production and processing: hardware products; Sales: metal materials, plastic raw materials; Import and export of goods and technology. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
(9) The company holds 100% equity of Shantou Yinglian, which is a wholly-owned subsidiary of the company.
Guangdong Enpack Packaging Co.Ltd(002846)
100%
Shantou Yinglian
