Securities code: 000860 securities abbreviation: Beijing Shunxin Agriculture Co.Ltd(000860) Announcement No.: 2022-002 Beijing Shunxin Agriculture Co.Ltd(000860)
Announcement on the provision of phased guarantee by wholly-owned subsidiaries for customers applying for bank mortgage loans for the purchase of commercial houses developed by the project
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
Beijing Shunxin Agriculture Co.Ltd(000860) (hereinafter referred to as “the company” or “the company”) held the 22nd Meeting of the 8th board of directors on January 18, 2022, deliberated and adopted the proposal on the provision of phased guarantee by wholly-owned subsidiaries for customers applying for bank mortgage loans for purchasing the developed project commercial housing, in accordance with the loan policies of financial institutions and the business practices of real estate development, For business needs, Beijing Shunxin Jiayu Real Estate Development Co., Ltd. (hereinafter referred to as “Shunxin Jiayu”), a wholly-owned subsidiary of the company, is agreed to provide phased joint and several liability guarantee for bank mortgage loans of house buyers, The guarantee period starts from the date when the guarantee contract takes effect and the loan is issued to the date when the ownership certificate of the house purchased by the buyer is completed and the mortgage registration procedures are completed and handed over to the bank for management. The total amount of rolling guarantee shall not exceed RMB 300 million. The specific cooperative bank and its guarantee amount and guarantee period shall be subject to the actually signed guarantee contract.
The phased guarantee provided by Shunxin Jiayu for the bank mortgage loan of house purchase customers this time is in line with the business practices of real estate development enterprises. Its guarantee nature is different from the general external guarantee and does not violate the relevant provisions of laws and regulations and the articles of association.
The above guarantee matters need not be submitted to the general meeting of shareholders for deliberation.
2、 Basic information of guarantor
Name of guarantor: Beijing Shunxin Jiayu Real Estate Development Co., Ltd
Date of establishment: June 19, 2002
Registered address: 100M north of Fuqian street, Yang Town, Shunyi District, Beijing
Legal representative: Wang Bin
Registered capital: 100 million yuan
Main business: real estate development
Equity relationship: the company holds 100% equity of Shunxin Jiayu.
Main financial data:
Unit: 10000 yuan
December 31, 2020 September 30, 2021
Total assets 664717.98 636131.46
Total liabilities 809925.46 815144.67
Net assets -145207.47 -179013.20
The project is from January to December 2020 and from January to September 2021
Operating income 55919.33 66510.86
Net profit -53353.24 -33805.73
Note: the data of 2020 has been audited, and the data of January September 2021 has not been audited.
Credit status: Shunxin Jiayu is not a dishonest executee.
3、 Basic information of the guaranteed
The guarantor is the bank mortgage loan customer who purchased the commercial house of Shunxin Jiayu real estate project. If the above-mentioned guaranteed has an affiliated relationship with the company and the guarantee behavior involves affiliated transactions, the company will timely perform the corresponding procedures and information disclosure obligations in accordance with relevant regulations.
4、 Main contents of the guarantee agreement
1. Guarantee method: phased joint and several liability guarantee
2. Guarantee period: from the date when the guarantee contract takes effect and the loan is issued to the date when the ownership certificate of the house purchased by the buyer is completed and the mortgage registration procedures are completed and handed over to the bank for management
3. Guarantee amount: it is estimated that the total guarantee amount will not exceed RMB 300 million
4. Other specific contents shall be subject to the guarantee contract signed with the bank.
5、 Authorization matters
The board of directors of the company authorizes the legal representative of Shunxin Jiayu to sign various legal documents with the bank within the above total guarantee amount.
6、 Opinions of the board of directors
The board of directors of the company believes that: Shunxin Jiayu provides phased guarantee for mortgage loan buyers who meet the bank loan conditions, which is in line with relevant policies, regulations and business practices, is conducive to accelerating the project, the risk is basically controllable, and there is no damage to the interests of the company and shareholders, especially the interests of minority shareholders.
7、 Opinions of independent directors
The independent directors believe that this guarantee is handled in accordance with the commercial practices and relevant regulations of the bank providing mortgage loans to customers, and the risk is basically controllable. The bank mortgage loan guarantee is conducive to the promotion of the project, meets the needs of the company’s business development, and does not damage the interests of the company and shareholders, especially the interests of minority shareholders. The review and voting procedures of this guarantee comply with the provisions of the company law and other relevant laws and regulations and the articles of association. We agree to the proposal that the wholly-owned subsidiary provides phased guarantee for customers who apply for bank mortgage loans for the purchase of commercial houses developed by the project.
8、 Accumulated external guarantees and overdue guarantees
After this guarantee, the guarantee balance of the company and its holding subsidiaries totaled 31.7228 million yuan, accounting for 0.41% of the company’s latest audited net assets. In addition, the company has no other external guarantee, no guarantee corresponding to overdue debts and no guarantee involving litigation.
9、 Filing documents
1. Resolutions of the 22nd Meeting of the 8th board of directors of the company;
2. Independent opinions of independent directors on the phased guarantee provided by the wholly-owned subsidiary to customers applying for bank mortgage loans for the purchase of commercial houses developed by the project.
Beijing Shunxin Agriculture Co.Ltd(000860) board of directors
January 18, 2022
