Securities code: Silvery Dragon Prestressed Materials Co.Ltd Tianjin(603969) securities abbreviation: Silvery Dragon Prestressed Materials Co.Ltd Tianjin(603969) Announcement No.: 2022021
Silvery Dragon Prestressed Materials Co.Ltd Tianjin(603969)
Announcement on signing major contracts for daily operation
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Contract type and amount: the purchase contract of steel strand signed by the company and the engineering materials Co., Ltd. of CCCC Third Navigation Bureau is a sales contract of prestressed steel strand, and the contract amount is 21827181300 yuan (RMB).
Conditions for effectiveness of the contract: the contract shall come into force from the date when the legal representatives or entrusted agents of both parties sign and affix the official seal (or special seal for contract).
Contract performance period: from May 2022 to December 2025 (tentative time).
Impact on the current performance of the listed company: this contract is the sales contract of prestressed steel strand for China Communications Construction Company Limited(601800) Xinjiang Wuwei highway package PPP project signed by the company and CCCC third Harbor Engineering Materials Co., Ltd. It is a daily operating contract of the company. If this contract is successfully performed, it is expected to have a positive impact on the performance of the company in 2022 and subsequent years, and help to improve the company's sustainable profitability and core competitiveness. Special risk warning: the purchase contract of steel strand has clearly agreed on the contract amount, effective conditions, payment method and other contents. Both parties to the contract have the ability to perform the contract. However, in the process of contract performance, in case of unpredictable factors such as changes in macro policies and market environment, the contract may not be performed on schedule or in full. Please invest rationally and pay attention to investment risks.
Silvery Dragon Prestressed Materials Co.Ltd Tianjin(603969) (hereinafter referred to as "the company") signed the steel strand procurement contract with engineering materials Co., Ltd. of CCCC third Harbor Engineering Co., Ltd. (hereinafter referred to as "CCCC third Harbor Engineering Co., Ltd.") on May 22, 2022. The contract amount is RMB 21827181300 (including tax). The details are as follows:
1、 Review procedure
This contract is the company's prestressed steel strand sales contract and the company's daily business contract. The approval authority is within the scope authorized by the general manager. The company has fulfilled the internal approval procedures for signing this contract. According to the Listing Rules of Shanghai Stock Exchange, the management system of Silvery Dragon Prestressed Materials Co.Ltd Tianjin(603969) major operation and investment decisions and other laws, regulations, departmental rules, normative documents and relevant provisions of the company's management system, this contract does not need to be submitted to the board of directors and the general meeting of shareholders for review.
2、 Subject matter of the contract and parties
(I) subject matter of the contract
The products involved in the steel strand procurement contract are the prestressed steel strand of the company. The company and CCCC Third Navigation Bureau have entered into this contract on the procurement and supply of steel strand required for China Communications Construction Company Limited(601800) Xinjiang Wuwei highway package PPP project. The contract amount is RMB 21827181300 (including tax).
(II) information of the other party to the contract
1. Basic information of the other party
Company name: CCCC third Harbor Engineering Materials Co., Ltd
Unified social credit Code: 9131000013266022xy
Nature of enterprise: limited liability company (sole proprietorship of legal person invested or controlled by non natural person)
Registered address: No. 130 Pudian Road, China (Shanghai) pilot Free Trade Zone
Legal representative: Su Zhongtao
Registered capital: 150 million yuan only
Date of establishment: September 18, 1997
Main business: general items: Sales of building materials, metal materials, decoration materials, general machinery, complete sets of electrical machinery equipment, wires and cables, electronic devices, knitwear and textiles, general merchandise and rubber products, sales of class II medical devices, sales and leasing of ships, leasing of self owned equipment, third-party logistics services, cargo handling services, import and export of goods, import and export of technology, sales of petroleum products (excluding dangerous chemicals), Sales of lubricating oil, sales of cement products, leasing of mechanical equipment, leasing of special equipment, information consulting services (excluding licensing information consulting services), import and export agents, Chinese cargo transportation agents, international cargo transportation agents, supply chain management services, the following are limited to the operation of branches: gasoline and diesel (operating with licenses), with attached branches. (except for the items that must be approved according to law, the company shall independently carry out business activities according to law with its business license)
Major shareholder: CCCC Third Navigation Engineering Bureau Co., Ltd., shareholding ratio: 100%.
There is no relationship between the company and its holding subsidiaries and the other party to the contract.
3、 Main contract terms
(I) both parties
Demander: CCCC third Harbor Engineering Materials Co., Ltd
Supplier: Silvery Dragon Prestressed Materials Co.Ltd Tianjin(603969)
(II) time and place of contract signing
This contract is signed in Shanghai on May 22, 2022.
(III) contract amount: 21827181300 yuan (tax included)
(IV) payment method
When the goods are delivered after payment, the Demander shall pay for the goods in advance by bank acceptance bill or telegraphic transfer within 6 months (including 6 months), and the interest discount is free on the silver bill (i.e. the acceptance price is the same as the cash price). The supplier agrees to accept the bill with CCCC third Harbor Bureau as the drawer.
(V) place and mode of delivery
1. Place of delivery:
(1) Bid section wytj-06: construction site of ulastechahan village, aragou Township, Hejing County, Bayingolin Mongol Autonomous Prefecture, Xinjiang;
(2) Bid section wytj-07: project construction sites at k1024, k1036, k1043 and k1047 of g216 national highway, Baluntai Town, Hejing County, Bayingolin Mongol Autonomous Prefecture, Xinjiang;
(3) Bid section wytj-08: project construction sites at k1056, k1067 and k1074 of g216 national highway, Baluntai Town, Hejing County, Bayingolin Mongol Autonomous Prefecture, Xinjiang;
(4) Bid section wytj-09: the project construction site at k1079 and k1089 of g216 National Highway in Hejing County, Bayingolin Mongol Autonomous Prefecture, Xinjiang;
(5) Bid section wytj-10: the project construction site 2km west of Tianshan cement plant in Hejing County, Bayingolin Mongolian Autonomous Prefecture, Xinjiang;
(6) Bid section wytj-11: the project construction site at k1129 and k1148 + 7km of g216 national highway, Barun harmodun Town, Hejing County, Bayingolin Mongol Autonomous Prefecture, Xinjiang;
(7) Bid section wytj-12: the project construction site 2km southeast of the intersection of Xingmin road and Yangguang road in Korla City, Qigexing Town carton factory, g216 national highway k1176 + 2km, Yanji County, Bayingolin Mongol Autonomous Prefecture, Xinjiang.
2. Delivery method: delivery on board
(VI) performance period
From May 2022 to December 2025 (tentative time).
(VII) liability for breach of contract
1. Deliver goods on time as required by the demander. In case of late delivery due to the supplier (in case of batch delivery, the respective delivery date of each batch shall prevail), 5 ‰ of the total contract price shall be paid as liquidated damages for each day of delay (the maximum limit is 1% of the total contract price). From the delivery date (in case of batch delivery, the respective delivery date of each batch shall prevail). Once the supplier is overdue for 15 days, the demander has the right to choose to terminate the contract at any time, find another supplier, deduct all the performance bonds of the supplier as liquidated damages, and the supplier shall compensate all the losses of the demander. 2. The quality, quantity and specification of the products provided by the supplier shall meet the requirements of the demander. If the requirements are not met, the supplier is obliged to re supply the goods or make up the difference to the designated delivery place without conditions, quality and quantity according to the requirements of the demander, and bear the liability for breach of contract for overdue delivery agreed in the preceding paragraph of this article. If the re supply still fails to meet the requirements, the demander has the right to choose to terminate the contract at any time, find another supplier, deduct all the performance bonds of the supplier as liquidated damages, and the supplier shall compensate the demander for all losses.
3. During the warranty period, the supplier shall be responsible for compensating the losses caused to the demander due to the quality of the products provided by the supplier or the supplier's inability to complete the equipment commissioning within the specified time.
4. If the supplier fails to fully and properly fulfill the supply obligation, resulting in the suspension of work and material waiting for the construction of the demander and the project supplied by the demander or other losses of construction period and quality, the supplier shall compensate 100% of the actual losses of the demander. 5. If the demander cannot accept the products provided by the supplier due to quality problems, resulting in the delay of the demander's construction period, 5% of the contract amount will be fined for each week of delay.
6. The price agreed upon at the time of signing the contract has fully taken into account the market risk. During the supply period, no price adjustment requirements beyond the contract will be put forward, otherwise it will be a breach of contract. The demander has the right to choose to terminate the contract at any time, cancel the supplier's bidding qualification in the demander in the future, and deduct all contract performance bonds as liquidated damages.
7. In case of any deduction for breach of contract, compensation and other matters agreed in the contract actually occurring, and the agreed liquidated damages and compensation are not enough to offset and make up for the losses of the demander, the supplier is obliged to make up the difference. The demander has the right to directly deduct the insufficient part from the price when making payment.
(VIII) settlement of contract disputes
This contract is signed in Pudong, Shanghai. The performance of this contract and all disputes related to this contract shall be settled through friendly negotiation between both parties. If the negotiation fails, a lawsuit may be brought to the people's court where the demander is located.
(IX) effective conditions and time of the contract
This contract shall come into force from the date when the legal representatives or entrusted agents of both parties sign and affix the official seal (or special seal for contract).
4、 The impact of contract performance on Listed Companies
(I) this contract is the sales contract of prestressed steel strand for China Communications Construction Company Limited(601800) Xinjiang Wuwei highway package PPP project signed by the company and CCCC Third Navigation Bureau. Xinjiang Yinlong prestressed Material Co., Ltd. (hereinafter referred to as "Xinjiang Yinlong"), a wholly-owned subsidiary of the company, is the company's prestressed steel production base in Xinjiang. During the "14th five year plan" period, the state will continue to increase the rapid development of the western region, especially Xinjiang, and bring broad development space for the business of Xinjiang Yinlong. Xinjiang Yinlong production base has in-depth cooperation with upstream steel mills to produce and sell prestressed steel products in Xinjiang, which has unique geographical advantages and supply chain advantages, and can respond in time to the market demand in Xinjiang.
(II) this contract is a daily operating contract of the company. If this contract is successfully performed, it is expected to have a positive impact on the performance of the company in 2022 and subsequent years, which is conducive to improving the company's sustainable profitability and core competitiveness.
(III) the signing and performance of this contract will not affect the business independence of the company, and the main business of the company will not rely on the other party due to the performance of this contract.
5、 Possible risks
The purchase contract of steel strand has made clear provisions on the contract amount, effective conditions, payment method and other contents. Both parties to the contract are capable of performing the contract. However, in the process of performing the contract, in case of unpredictable factors such as changes in macro policies and market environment, the contract may not be performed on schedule or in an all-round way. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Silvery Dragon Prestressed Materials Co.Ltd Tianjin(603969) board of directors may 23, 2022
