Suzhou Securities Co., Ltd. (Code: 0021 伝
Announcement on providing guarantee for wholly-owned 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 tips:
1. As of May 18, 2022, the total amount of guarantee approved by the company for its subsidiaries is RMB 939486 billion, and the actual guarantee amount is RMB 442587 billion, accounting for 56.91% of the audited net assets of the company at the end of 2021;
2. The company and its holding subsidiaries did not provide guarantees for companies outside the scope of the consolidated statements;
3. The company and its holding subsidiaries did not have overdue guarantees, guarantees involving litigation and losses due to the judgment of losing the guarantee.
1、 Overview of guarantee
In order to meet the capital demand for business development, Suzhou Titan Wind Energy (Suzhou) Co.Ltd(002531) (Suzhou) equipment Co., Ltd. (hereinafter referred to as "Suzhou Tianshun"), a wholly-owned subsidiary of Titan Wind Energy (Suzhou) Co.Ltd(002531) (hereinafter referred to as "the company" or " Titan Wind Energy (Suzhou) Co.Ltd(002531) "), is expected to apply for a credit of RMB 140 million from China Citic Bank Corporation Limited(601998) Suzhou Branch. The credit is mainly used to apply for working capital loans, issue bank acceptance bills, discount bills, non financing letter of guarantee China letter of credit and other businesses. The company intends to provide the maximum amount of joint and several liability guarantee for the above credit related matters.
The joint and several liability guarantee provided by the company for Suzhou Tianshun has been deliberated and approved at the second meeting of the Fourth Board of directors in 2022 and the annual general meeting of shareholders in 2021. The guaranteed party and the guarantee amount are within the approval limit of the above board of directors and general meeting of shareholders, so it is not necessary to submit it to the board of directors and general meeting of shareholders of the company for reconsideration. Details are disclosed in the securities times and cninfo.com.cn on April 13, 2022 Announcement on the estimated amount of guarantee for subsidiaries in 2022 (Announcement No.: 2022020). 2、 Basic information of the guaranteed
Suzhou Titan Wind Energy (Suzhou) Co.Ltd(002531) Equipment Co., Ltd
1. Registration date: November 27, 2006
2. Registered address: No. 28, Ningbo East Road, Taicang Economic Development Zone
3. Legal representative: Yan junxu
4. Registered capital: 150 million yuan
5. Main business: R & D, production and sales of wind energy towers supporting wind power generation equipment;
6. Ownership structure and related relationships: the company directly owns 100% of its equity, which is a wholly-owned subsidiary of the company;
7. Main financial indicators:
Unit: 10000 yuan
Project from January to December 2021 (audited) from January to December 2020 (audited)
Total assets 3805343131340258
Total liabilities 2299520618968044
Net assets 1505822512372214
Operating income 3156197326075917
Total profit 754193811427709
Net profit 758 Air China Limited(601111) 414224
8. After inquiry, the guaranteed is in good credit condition and does not belong to the dishonest executee.
3、 Main contents of the security agreement to be signed
1. Guaranteed party: Suzhou Titan Wind Energy (Suzhou) Co.Ltd(002531) Equipment Co., Ltd
2. Guarantor: Titan Wind Energy (Suzhou) Co.Ltd(002531) (Suzhou) Co., Ltd
3. Financing institution / Creditor: China Citic Bank Corporation Limited(601998) Suzhou Branch
4. Guarantee method: joint and several liability guarantee
5. Guarantee period: three years from the date of expiration of the debt performance period under the main contract
6. Guarantee limit: 140 million yuan
The relevant agreement has not been formally signed for this guarantee, and the main contents of the above agreement shall be subject to the actually signed contract.
4、 Opinions of the board of directors
The company provides guarantee for the financing of wholly-owned subsidiaries in order to meet the capital needs of the business development of subsidiaries and improve the stability and profitability of operation. The guarantee object has strong solvency. This guarantee will not have a negative impact on the production and operation of the company and relevant subsidiaries, and there is no situation that damages the interests of the company, all shareholders, especially minority shareholders.
Within the guarantee limit, the board of directors authorizes the chairman of the company or the authorized agent designated by the chairman to sign relevant guarantee documents and any amendments, changes and / or supplements to such documents within the guarantee scope according to the actual situation of the guarantee.
5、 Accumulated external guarantees and overdue guarantees
As of May 18, 2022, the total amount of guarantee approved by the company for its subsidiaries is RMB 939486 billion, and the actual guarantee amount is RMB 442587 billion, accounting for 56.91% of the audited net assets of the company at the end of 2021; The company has no external guarantee except for wholly-owned and holding subsidiaries.
As of the disclosure date of this announcement, the company has no overdue external guarantee, no external guarantee involving litigation and losses due to the judgment of losing the guarantee.
Titan Wind Energy (Suzhou) Co.Ltd(002531) (Suzhou) Co., Ltd. board of directors may 19, 2022
