Securities code: 002600 securities abbreviation: Lingyi Itech (Guangdong) Company(002600) Announcement No.: 2022-011 Lingyi Itech (Guangdong) Company(002600)
Progress announcement on providing guarantee for 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.
1、 Overview of guarantee
Lingyi Itech (Guangdong) Company(002600) (hereinafter referred to as “the company”) held the 42nd meeting of the Fourth Board of directors and the 2020 annual general meeting of shareholders on March 30, 2021 and April 20, 2021 respectively, and deliberated and adopted the proposal on providing guarantee amount for subsidiaries in 2021. In order to ensure the normal production and operation activities of the company’s holding subsidiaries, the company (including holding subsidiaries) agrees to provide guarantees for the financing or other performance obligations of the holding subsidiaries, with a total guarantee amount of no more than RMB 31324 million. The guarantee amount is valid from the date of deliberation and approval of the 2020 annual general meeting to the date of holding the 2021 annual general meeting, Within the above guarantee limit, the company can adjust the guarantee limit between qualified guarantee objects as needed. For details, please refer to the company’s website (www.cn. Info. Com. CN.) on March 31, 2021 Announcement on providing guarantee amount for subsidiaries in 2021 (Announcement No.: 2021-035) disclosed on the.
The company held the 10th meeting of the 5th board of directors and the 4th extraordinary general meeting of shareholders in 2021 on August 26, 2021 and September 13, 2021 respectively, and deliberated and adopted the proposal on increasing the guarantee amount for subsidiaries in 2021. In order to ensure the normal production and operation activities of the company’s holding subsidiaries, the company (including holding subsidiaries) plans to increase the guarantee amount of RMB 1825 million for the financing or other performance obligations of some holding subsidiaries. The validity period of the guarantee limit is from the date of deliberation and approval by the general meeting of shareholders to the date of holding the annual general meeting of shareholders in 2021. Within the above guarantee limit, the company can adjust the guarantee limit among qualified guarantee objects as needed. For details, please refer to the company’s website (www.cn. Info. Com. CN.) on August 27, 2021 Announcement on increasing the guarantee amount for subsidiaries in 2021 (Announcement No.: 2021-105) disclosed on the.
The company held the 13th meeting of the 5th board of directors and the 5th extraordinary general meeting of shareholders in 2021 on November 10, 2021 and November 26, 2021 respectively, and deliberated and adopted the proposal on increasing the guarantee amount for subsidiaries in 2021. In order to meet the financing needs for the operation and development of newly established and some holding subsidiaries, the company (including holding subsidiaries) plans to increase the guarantee amount for some holding subsidiaries by RMB 720 million. The validity period of the guarantee limit is from the date of deliberation and approval by the general meeting of shareholders to the date of holding the annual general meeting of shareholders in 2021. Within the above guarantee limit, the company can adjust the guarantee limit among qualified guarantee objects as needed. For details, please refer to the company’s website (www.cn. Info. Com. CN.) on November 11, 2021 Announcement on increasing the guarantee amount for subsidiaries in 2021 (Announcement No.: 2021-127) disclosed on the.
2、 Guarantee progress
Recently, lingshengcheng Technology (Jiangsu) Co., Ltd. (hereinafter referred to as “lingshengcheng Jiangsu”), a wholly-owned subsidiary of the company, signed a working capital loan contract with Bank Of Communications Co.Ltd(601328) Yancheng branch (hereinafter referred to as ” Bank Of Communications Co.Ltd(601328) “), and Bank Of Communications Co.Ltd(601328) provided a credit line of 100 million yuan to lingshengcheng Jiangsu, The credit term is from January 25, 2022 to November 2, 2022. The company provided joint and several liability guarantee for the above credit and signed the guarantee contract with Bank Of Communications Co.Ltd(601328) . The guarantee period under each main debt is from the date of expiration of the performance period of each debt to three years after the expiration of the performance period of all the final due main debts under the main contract.
This guarantee is within the scope of the guarantee amount deliberated and approved by the board of directors and the general meeting of shareholders of the company, and does not need to be submitted to the board of directors or the general meeting of shareholders of the company for deliberation again.
The secured party, Lingsheng city Jiangsu, is not listed as a dishonest executee, and its operation, finance and credit are in good condition. After this guarantee, the usage of the guaranteed amount of the guaranteed company is as follows:
Unit: 10000 yuan
The total amount of guarantee used this time, the amount of guarantee and the degree of guarantee approved by the general meeting of shareholders of the guaranteed
Lingshengcheng Technology (Jiangsu) Co., Ltd. 157500 10000 74878.52
3、 Main contents of guarantee contract
Guarantee contract signed between the company and Bank Of Communications Co.Ltd(601328) Yancheng branch
Guarantor: Lingyi Itech (Guangdong) Company(002600)
Creditor: Bank Of Communications Co.Ltd(601328) Yancheng branch
Debtor: lingshengcheng Technology (Jiangsu) Co., Ltd
In order to ensure the realization of all creditor’s rights under the main contract signed or to be signed between the debtor and the creditor, the guarantor is willing to provide the guarantee agreed in this contract.
In order to clarify the rights and obligations of both parties, the guarantor and the creditor hereby enter into this contract through consultation.
Article 1 principal creditor’s rights
The principal creditor’s rights guaranteed by the guarantor are all the principal creditor’s rights under the main contract (if there are multiple main contracts, it refers to all the main contracts, the same below), including all kinds of loans, overdrafts Discount payment and / or various trade financing funds (including but not limited to import documentary bill, import collection financing, import remittance financing, export documentary bill, export collection financing, export invoice financing, export order financing, packaged loan, China letter of credit documentary bill, China letter of credit negotiation, China factoring financing, import and export factoring financing, etc.), and / or, The creditor’s rights (including contingent claims) against the debtor due to the opened bank acceptance bill, letter of credit or letter of guarantee (including standby letter of credit, the same below), and the creditor’s rights (including contingent claims) against the debtor due to other bank credit business.
Article 2 guarantee liability
1. The guarantee under this contract is joint and several liability guarantee.
2. The scope of guarantee includes the principal and interest, compound interest, default interest, liquidated damages, damages and the cost of realizing the creditor’s rights under all the main contracts.
The expenses for realizing creditor’s rights include but are not limited to collection fees, litigation fees (or arbitration fees), preservation fees, announcement fees, execution fees, lawyer fees, travel expenses and other expenses.
3. The guarantee period shall be calculated separately according to the debt performance period of each main debt agreed in the main contract (under the bank acceptance bill / letter of credit / letter of guarantee, according to the date of advance payment by the creditor). The guarantee period under each main debt is from the date of expiration of the performance period of the debt (or the date of advance payment by the creditor) to three years after the date of expiration of the performance period of the last due main debt under all the main contracts (or the date of advance payment by the creditor).
If the creditor and the debtor agree that the debtor can perform the repayment obligation by stages, the guarantee period of the main debt shall be calculated separately according to the repayment obligation of each period, from the date of expiration of the performance period of each period of debt (or the date of advance payment by the creditor) to three years after the expiration of the performance period of the final due main debt under all the main contracts (or the date of advance payment by the creditor).
4、 Accumulated external guarantee quantity and overdue guarantee of the company
As of the disclosure date of this announcement, the company’s actual guarantee balance totaled 8381.2499 million yuan, accounting for 57.97% of the company’s latest audited net assets attributable to the owners of the parent company (December 31, 2020). Among them, the actual guarantee balance of the company to subsidiaries within the scope of consolidated statements is 8081.9299 million yuan, the actual guarantee balance of subsidiaries to subsidiaries within the scope of consolidated statements is 9.43 million yuan, the actual guarantee balance of subsidiaries to parent companies within the scope of consolidated statements is 289.89 million yuan, and there is no guarantee balance for participating subsidiaries.
As of the disclosure date of this announcement, the company and its holding subsidiaries have no overdue external guarantee, no external guarantee involving litigation and no loss due to the judgment of losing the guarantee.
5、 Documents for future reference
1. Working capital loan contract;
2. Guarantee contract.
It is hereby announced.
Lingyi Itech (Guangdong) Company(002600) board of directors
January 25, 2002
