Securities code: 600778 securities abbreviation: Xinjiang Youhao(Group)Co.Ltd(600778) Announcement No.: lin2022-007 Xinjiang friendship (Group) Co., Ltd
With regard to the announcement of signing a supplementary agreement with Xinjiang harmonious Real Estate Development Co., Ltd., 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 integrity of its contents. Important content tips:
● transaction content: Xinjiang friendship (Group) Co., Ltd. (hereinafter referred to as the "company") and Xinjiang harmony Real Estate Development Co., Ltd. (hereinafter referred to as the "harmony real estate company") signed a supplementary agreement on the lease contract for the company to lease and open Changji friendship fashion shopping center (hereinafter referred to as the "project"), The rent (annual rent) of the eighth to fifteenth phases of the project (i.e. July 1, 2022 to June 30, 2030) is changed to RMB 5 million, and other terms of the original lease contract remain unchanged.
● impact on the listed company: the signing of the supplementary agreement can reduce the company's total real estate rent payment for the project by 153.7041 million yuan (including about 16.6966 million yuan in 2022), so as to reduce the operating cost of the project and alleviate the operating pressure within the remaining lease term of the project.
1、 Event overview
After deliberation and approval by the 11th meeting of the 7th board of directors and the 2012 annual general meeting of shareholders, the company signed a lease contract with harmony real estate company in June 2013 to lease 66314.01 square meters of commercial real estate from the second floor underground to the fifth floor above the ground of harmony International Plaza, 125 Jianguo West Road, Changji City, Xinjiang, and set up a shopping center, The lease term is from September 1, 2014 to June 30, 2030, and the total rent is 328133800 yuan. For details, the company published on Shanghai Securities News, China Securities News and the website of Shanghai Stock Exchange on April 18 and May 15, 2013 respectively（ http://www.sse.com.cn. ）Pro 2013-014, 016 and 019. The project was named "Changji friendly fashion shopping center" and opened on August 5, 2015.
In order to alleviate the operating pressure of the project, the company and the lessor of the project, harmony real estate company, agreed to sign a supplementary agreement on the lease contract of the project, changing the rent (annual rent) of each phase of the eighth to fifteenth phases of the project (i.e. July 1, 2022 to June 30, 2030) to RMB 5 million, and other terms of the original lease contract remain unchanged. After signing the supplementary agreement, the total real estate rent of the project decreased from 328133800 yuan to 174429700 yuan, a total decrease of 153.7041 million yuan.
The supplementary agreement signed between the company and harmonious real estate company has been deliberated and adopted at the 31st meeting of the ninth board of directors held on January 20, 2022, and does not need to be submitted to the general meeting of shareholders for deliberation. The company has no affiliated relationship with the lessor and property owner of the leased place, and this transaction does not constitute a connected transaction.
2、 Basic information of counterparty
Company name: Xinjiang harmonious Real Estate Development Co., Ltd
Address: floor 5-13, Block E, harmony International Plaza, building 43, Hill 2, zone 125, No. 199, Jianguo West Road, Changji City, Changji Prefecture, Xinjiang
Type: limited liability company (invested or controlled by natural person)
Registered capital: 200 million yuan
Date of establishment: June 22, 2007
Legal representative: Li Xiaoyi
Unified social credit code 91652301663603662x
Real estate development and operation; estate management; Real estate brokerage services; Self owned real estate business activities; Business scope other real estate industry; Mechanical equipment leasing; Car Rental; Wholesale of building materials; Wholesale of mechanical equipment, hardware products and electronic products; Housing construction industry; Civil engineering and construction; Construction and installation industry; Building decoration and other construction industries.
3、 Main contents of supplementary agreement
Party A: Xinjiang harmonious Real Estate Development Co., Ltd
Party B: the company
1. Party A and Party B agree to change the rent (annual rent) of each phase from phase 8 to phase 15 (i.e. July 1, 2022 to June 30, 2030) in Clause 2 "rent standard" of Article 5 "on the starting date, standard, payment method and term of house rent" of the original lease contract to RMB 5 million (in words: five million yuan only), The number and starting date of the lease term shall be in accordance with the terms of the original contract. The rent shall be paid by Party B in cash or telegraphic transfer within one month before the beginning of each lease term.
2. Other terms of the original contract shall not be changed, and the terms of liability for breach of contract shall continue to be implemented in accordance with the terms of the original contract.
4、 Changes in rental amount of real estate
Real estate rent of the current period before and after the change of the starting and ending date of rent payment of the current period
Gold (yuan) gold (yuan) gold balance (yuan)
Phase I July 1, 2015 - 17894142.52 17894142.52 0.00
June 30, 2016
Phase II July 1, 2016 - 17894142.52 17894142.52 0.00
June 30, 2017
Phase III July 1, 2017 - 17894142.52 17894142.52 0.00
June 30, 2018
Phase IV July 1, 2018 - 19683556.77 19683556.77 0.00 June 30, 2019
Phase V July 1, 2019 - 19683556.77 0.00 June 30, 2020
Phase VI July 1, 2020 - 19683556.77 0.00 June 30, 2021
Phase VII July 1, 2021 - 21696647.81 21696647.81 0.00 June 30, 2022
Phase VIII July 1, 2022 - 21696647.81 5000000.00 - 16696647.81 June 30, 2023
Phase IX July 1, 2023 - 21696647.81 5000000.00 - 16696647.81 June 30, 2024
Phase 10 July 1, 2024 - 23933415.62 5000000.00 - 18933415.62 June 30, 2025
Phase Xi July 1, 2025 - 23933415.62 5000000.00 - 18933415.62 June 30, 2026
Phase XII July 1, 2026 - 23933415.62 5000000.00 - 18933415.62 June 30, 2027
Phase XIII July 1, 2027 - 26170183.44 5000000.00 - 21170183.44 June 30, 2028
Phase XIV July 1, 2028 - 26170183.44 5000000.00 - 21170183.44 June 30, 2029
Phase XV July 1, 2029 - 26170183.44 5000000.00 - 21170183.44 June 30, 2030
Total 328133838.48 174429745.68 - 153704092.80
5、 Impact on Listed Companies
The signing of the above supplementary agreement can reduce the total rental payment of the company for the project by 153.7041 million yuan (including about 16.6966 million yuan in 2022), so as to reduce the operating cost of the project and alleviate the operating pressure of the project within the remaining lease term.
6、 Document for future reference: Supplementary Agreement (Draft).
It is hereby announced.
Board of directors of Xinjiang friendship (Group) Co., Ltd. January 21, 2022
