Securities code: 002196 securities abbreviation: Zhejiang Founder Motor Co.Ltd(002196) Announcement No.: 2022-016 Zhejiang Founder Motor Co.Ltd(002196)
About Zhejiang Xingjian Industrial Development Co., Ltd., a wholly-owned subsidiary
Announcement on provision of guarantee and related party transactions
The company and its directors, supervisors and senior managers guarantee that the contents of the announcement are true, accurate and complete, and are liable for false records, misleading statements or major omissions in the announcement. 1、 Overview of guarantee
In order to ensure the normal production and operation of the subsidiary, Zhejiang Founder Motor Co.Ltd(002196) (hereinafter referred to as ” Zhejiang Founder Motor Co.Ltd(002196) ” or “the company”) held the 15th meeting of the seventh board of directors on January 25, 2022. The meeting considered the proposal on providing guarantee for Zhejiang Xingjian Industrial Development Co., Ltd., a wholly-owned subsidiary. The specific contents are as follows:
The company agrees that Zhejiang Xingjian Industrial Development Co., Ltd., a wholly-owned subsidiary, will mortgage its existing land, construction in progress and the real estate after completing the certificate in the future to China Citic Bank Corporation Limited(601998) Lishui branch, and apply to China Citic Bank Corporation Limited(601998) Lishui branch for a maximum amount of guarantee for credit business (fixed asset loan, China letter of credit, etc.) of no more than 17 million yuan, with a guarantee period of no more than 15 years. At the same time, the company provides irrevocable joint and several guarantee liabilities for the above loans, and the guarantee period is from the date of issuance of the above credit business to the settlement of the above credit business. 2、 Basic information of the guarantor
Company name: Zhejiang Founder Motor Co.Ltd(002196)
Registered address: No. 73, Shiniu Road, Shuige Industrial Zone, Liandu District, Lishui City, Zhejiang Province
Date of establishment: December 20, 2001
Registered capital: 49944493 yuan
Business scope: processing, manufacturing and sales of new energy vehicle motors and controllers, micro motors, sewing machines, household appliances and electric tools, import and export business, house leasing, equipment leasing, new energy technology consulting and technical services. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments). As of December 31, 2020, the total assets of the company were 2585207986.07 yuan and the net assets were 1584603090.84 yuan. From January to December 2020, the company realized an operating income of 1142570026.69 yuan and a net profit of -642233358.65 yuan (the above data are the consolidated statements of 2020, which have been audited.) 3、 Basic information of the guaranteed
1. Company name: Zhejiang Xingjian Industry Development Co., Ltd
2. Company type: limited liability company
3. Registered capital: 50 million yuan
4. Date of establishment: May 21, 2021
5. Registered address: No. 73, Shiniu Road, nanmingshan street, Liandu District, Lishui City, Zhejiang Province
6. Business scope: general items: park management services; Big data services; General cargo warehousing services (excluding items requiring license and approval such as dangerous chemicals); Technical consulting service of artificial intelligence public service platform; New material technology promotion services; Commercial complex management services; Warehousing equipment leasing services; General equipment manufacturing (excluding special equipment manufacturing); Sales of building decoration materials; Sales agent; Trade brokerage; Conference and exhibition services; Internet of things technology services; Information system integration service; China cargo transportation agency; Housing lease; Technical services, technical development, technical consultation, technical exchange, technology transfer and technology promotion (except for projects subject to approval according to law, carry out business activities independently according to law with business license).
7. Main financial data of the latest period
Unit: RMB
Project October 31, 2021 December 31, 2021
(Unaudited) (Unaudited)
Total assets 25747484.49 37432448.01
Total liabilities 94600.76 11859530.47
Net assets 25652883.73 25572917.54
Operating income 0.00 0.00
Net profit -277116.27 -357082.46
4、 Signing and implementation of guarantee agreement
The above guarantee agreement has not been signed, and the main contents of the guarantee agreement shall be determined by the company and the guaranteed wholly-owned subsidiary through negotiation with the bank. 5、 Opinions of the board of directors
1. Purpose of providing guarantee
Meet the demand for working capital for the project construction and normal production and operation activities of the above wholly-owned subsidiaries, and support the business development of the wholly-owned subsidiaries.
2. Risk judgment on guarantee matters
The company providing guarantee this time has good business development prospects, good quality of payment collection, strong solvency and good credit status. Therefore, the board of directors of the company believes that the risk of the above guarantee is within the controllable range. 6、 Accumulated external guarantees and overdue guarantees:
By the end of this guarantee review, the total guarantee amount of the company to the wholly-owned subsidiary was 280 million yuan, accounting for 19.18% of the net assets of 1460226364.28 yuan belonging to the parent company in the audited consolidated statements by the end of 2020,
After the review and approval of the board of directors, the total amount of guarantee provided by the company is RMB 45 million, which is the guarantee between the company and its holding subsidiaries within the scope of the consolidated statements, accounting for 30.82% of the net assets of 1460226364.28 yuan belonging to the parent company in the audited consolidated statements by the end of 2020, of which the amount of overdue guarantee is 0 yuan. 7、 Documents for future reference
1. Resolution of the 15th meeting of the seventh board of directors
2. Independent directors’ prior approval opinions and independent opinions on relevant matters
3. Resolution of the 9th meeting of the 7th board of supervisors of the company
It is hereby announced.
Zhejiang Founder Motor Co.Ltd(002196) board of directors January 25, 2022
