Securities code: Chengxin Lithium Group Co.Ltd(002240) securities abbreviation: Chengxin Lithium Group Co.Ltd(002240) Announcement No.: 2022045 Chengxin Lithium Group Co.Ltd(002240)
Announcement on providing guarantee for bank loans of Sichuan Shengwei Lithium Industry Co., Ltd., a holding subsidiary
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.
1、 Overview of guarantee
Chengxin Lithium Group Co.Ltd(002240) (hereinafter referred to as "the company") holding subsidiary Sichuan Shengwei Lithium Industry Co., Ltd. (hereinafter referred to as "Shengwei lithium industry") plans to apply for a loan of no more than RMB 30 million from Bank Of China Limited(601988) Shehong sub branch for business development, with a loan term of 12 months. On April 28, 2022, the company signed the maximum guarantee contract with Bank Of China Limited(601988) Shehong sub branch to provide joint and several liability guarantee for the above loan matters.
The company held the 18th meeting of the seventh board of directors and the 2020 annual general meeting of shareholders on April 22, 2021 and June 25, 2021 respectively, and deliberated and adopted the proposal on the prediction of guarantee amount for subordinate subsidiaries. The board of directors agreed that the company (including subordinate subsidiaries) should provide guarantee for subordinate subsidiaries when they apply for financing from banks, financial leasing companies and other financial and similar financial institutions and meet the needs of daily operation, The total amount of guarantee shall not exceed RMB 1.54 billion, and the validity period of external guarantee limit shall be from the date of deliberation and approval of the company's 2020 annual general meeting to the date of holding the 2021 annual general meeting; The amount of guarantee provided for subsidiaries with asset liability ratio of no more than 70% shall not exceed 720 million yuan.
The company held the 33rd meeting of the seventh board of directors and the first (extraordinary) general meeting of shareholders in 2022 on March 22, 2022 and April 7, 2022 respectively, deliberated and adopted the proposal on increasing the guarantee amount for subordinate subsidiaries, and the board of directors agreed that the company (including subordinate subsidiaries) would provide guarantee to banks Financial and financial institutions such as financial leasing companies shall provide guarantees for them when they apply for financing and daily business needs. The total amount of new guarantees shall not exceed RMB 2 billion. The validity of the external guarantee limit is from the date of deliberation and approval at the first (Interim) general meeting of shareholders in 2022 to the date of holding the annual general meeting of shareholders in 2021; Among them, for subsidiaries with asset liability ratio of no more than 70%, the new guarantee amount shall not exceed 600 million yuan. After the new guarantee amount, the total guarantee amount provided by the company for subsidiaries with asset liability ratio of no more than 70% shall not exceed 1.32 billion yuan. Before this guarantee, the company's guarantee balance for Shengwei lithium industry was 0 yuan. After this guarantee, the company's guarantee balance for Shengwei lithium industry was 30 million yuan. After the company provided a guarantee amount of 30 million yuan for Shengwei lithium this time, the remaining guarantee amount for subsidiaries with asset liability ratio of no more than 70% is 536232600 yuan. This guarantee is within the scope of authorization of the company's first (Interim) general meeting of shareholders in 2022 and complies with the relevant provisions of the Listing Rules of Shenzhen Stock Exchange and the articles of association.
2、 Basic information of the guaranteed
Company name: Sichuan Shengwei Lithium Industry Co., Ltd
Address: lithium Diangao Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) Park, Shehong Economic Development Zone, Sichuan
Legal representative: Fang Yi
Date of establishment: August 7, 2017
Business scope: general items: common non-ferrous metal smelting; Non ferrous metal calendering; Non ferrous alloy manufacturing; Non ferrous alloy sales; Manufacturing of basic chemical raw materials (excluding manufacturing of licensed chemicals such as hazardous chemicals); Sales of non edible salt; Sales of chemical products (excluding licensed chemical products); Sales of electronic special materials; Safety technical training for special operation personnel (except for the items that must be approved according to law, carry out business activities independently according to law with the business license). Licensed items: production of hazardous chemicals; Storage of hazardous chemicals; Import and export of toxic chemicals (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 documents or licenses of relevant departments).
Shengwei lithium has a registered capital of 65 million yuan. The company holds 85% of its equity. Shengwei lithium is the holding subsidiary of the company.
Main financial data of Shengwei lithium industry in the latest year and issue:
Unit: 10000 yuan
December 31, 2021 (audited) March 31, 2022 (Unaudited)
Total assets 14055621492570
Total liabilities 805154806842
Net assets Shanxi Antai Group Co.Ltd(600408) 685728
2021 (audited) January March 2022 (Unaudited)
Operating income 378531 378.13
Net profit 469.31 9.21
Upon inquiry, as of the disclosure date of this announcement, Shengwei lithium industry is not a dishonest person.
3、 Main contents of the guarantee agreement
Guarantor: Chengxin Lithium Group Co.Ltd(002240)
Guaranteed party: Sichuan Shengwei Lithium Industry Co., Ltd
Guarantee scope: all debts under the main contract
Guarantee method: joint and several liability guarantee
Guarantee period: the guarantee period of the debts guaranteed under the maximum guarantee contract shall be calculated separately one by one, and the guarantee period of each debt shall be three years from the date of expiration of the performance period of the debt.
Guarantee amount: no more than 30 million yuan
4、 Reasons for this guarantee and its impact on the company
Shengwei lithium is a holding subsidiary of the company. Its assets are in good condition and the company has control over it. Sichuan xinkeruifeng Technology Co., Ltd., the shareholder holding 15% equity of Shengwei lithium, agrees to provide counter guarantee to the company within 15% of the above bank loan amount. The financial risk of the company providing guarantee for Shengwei lithium is within the company's control.
The guarantee provided by the company for the holding subsidiary this time is based on the development of the company's business, which will not have an adverse impact on the normal operation and business development of the company, and there is no damage to the interests of the company and all shareholders.
5、 Accumulated external guarantees and overdue guarantees
As of the date of this announcement, the actual external guarantee balance (excluding this guarantee) of the company and its holding subsidiaries was RMB 1229814800, accounting for 24.12% of the audited net assets attributable to the parent company on December 31, 2021; Among them, the actual guarantee balance of the company to the participating companies is 260474 million yuan, and the actual guarantee balance of the company to its holding subsidiaries is 12037674 million yuan. The company and its holding subsidiaries have no overdue external guarantee, no external guarantee involving litigation, and the loss due to the judgment of losing the guarantee.
6、 Documents for future reference
Maximum guarantee contract.
It is hereby announced.
Chengxin Lithium Group Co.Ltd(002240) board of directors
April 29, 2002
