Securities code: 300068 securities abbreviation: Zhejiang Narada Power Source Co.Ltd(300068) Announcement No.: 2022-007 Zhejiang Narada Power Source Co.Ltd(300068)
Announcement on providing guarantees to subsidiaries in 2022
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are responsible for any false records, misleading statements or major omissions in the announcement.
1、 Overview of guarantee
1. Zhejiang Narada Power Source Co.Ltd(300068) (hereinafter referred to as “the company” and ” Zhejiang Narada Power Source Co.Ltd(300068) “) held the 28th meeting of the seventh board of directors on January 25, 2022, deliberated and adopted the proposal on providing guarantee to subsidiaries in 2022. In order to meet the development needs of the company and its subsidiaries in 2022, it is agreed that the total amount of guarantee for subsidiaries within the scope of consolidated statements in 2022 shall not exceed 3.5 billion yuan, of which: (1) the guarantee for Hangzhou Nandu Power Technology Co., Ltd. (hereinafter referred to as “Nandu power”) shall not exceed 1.1 billion yuan; (2) The guarantee for Hangzhou Zhejiang Narada Power Source Co.Ltd(300068) Sales Co., Ltd. (hereinafter referred to as “Nandu sales”) shall not exceed RMB 50 million; (3) The guarantee for Anhui Huabao Renewable Resources Technology Co., Ltd. (hereinafter referred to as “Huabao technology”) shall not exceed RMB 1.1 billion; (4) The guarantee for Wuhan Nandu New Energy Technology Co., Ltd. (hereinafter referred to as “Wuhan Nandu”) shall not exceed RMB 50 million; (5) The guarantee for Zhejiang Nandu Hongxin Power Technology Co., Ltd. (hereinafter referred to as “Nandu Hongxin”) shall not exceed RMB 300 million; (6) The guarantee for Hangzhou Nandu Trade Co., Ltd. (hereinafter referred to as “Nandu trade”) shall not exceed RMB 50 million; (7) The guarantee for Anhui Nandu huaplatinum New Material Technology Co., Ltd. (hereinafter referred to as “huaplatinum new material”) shall not exceed RMB 400 million; (8) The guarantee for Sichuan Nandu Guojian new energy Co., Ltd. (hereinafter referred to as “Nandu Guojian”) shall not exceed RMB 50 million; (9) The guarantee for Zhejiang Nandu energy Internet Co., Ltd. (hereinafter referred to as “Nandu energy Internet”) shall not exceed RMB 100 million; (10) The guarantee for Anhui Nandu Huatuo New Energy Technology Co., Ltd. (hereinafter referred to as “Nandu Huatuo”) shall not exceed 300 million yuan.
The guarantee scope includes but is not limited to applying for comprehensive credit, loans, acceptance bills, letters of credit, factoring, letter of guarantee, financial leasing and other financing businesses; The types of guarantee include but are not limited to joint and several liability guarantee, mortgage, pledge, etc. 2. The above guarantee amount includes the new guarantee and the extension or renewal of the original guarantee. The actual guarantee amount shall be subject to the finally signed guarantee contract. The board of directors requested the general meeting of shareholders to authorize the management of the company to approve the provision of guarantee for each subsidiary and the adjustment of guarantee amount between subsidiaries within the scope of the expected guarantee amount, and authorize the general manager of the company to sign relevant agreements and documents.
3. The validity period of this guarantee limit is 12 months from the date of deliberation and approval of this item by the general meeting of shareholders. Before the new annual guarantee amount is approved by the extraordinary general meeting of shareholders of the company, the management of the company is authorized to temporarily implement the guarantee matters of the current year according to the total guarantee amount of the previous year.
4. There is no counter guarantee for the wholly-owned subsidiary this time. The holding subsidiary takes its assets as the counter guarantee, and charges 1% of the guarantee fee for the new guarantee contract signed by the holding subsidiary in 2022.
5. According to the company law, the articles of association and other relevant provisions, the guarantee shall be submitted to the company’s extraordinary general meeting for deliberation.
2、 Expected details of guarantee amount
The total amount of guarantee provided by the company to subsidiaries within the scope of consolidated statements in 2022 shall not exceed 3.5 billion yuan. The details are as follows:
Proportion of the guaranteed party’s new guarantee amount up to the current year
Whether the listed company guaranteed by the guarantor before the latest period is the most concerned about the shareholding ratio of the guarantor and the balance of assets and liabilities of the guaranteed party, and the net asset ratio calculated by the joint guarantee rate (RMB 100 million) (RMB 100 million) in the recent period
example
Nandu power 100% 70.46% 7.41 11.00 18.34% no
Nandu sales 100% 124.09% – 0.50 0.83% no
Huaplatinum technology 100% 57.73% 8.49 11.00 18.34% no
Zhejiang South Wuhan Nandu 100% – 49.53% – 0.50 0.83% no
Nandu Hongxin 100% 77.47% 1.82 3.00 5.00% no
Power stock Nandu trade 100% 97.36% 0.10 0.50 0.83% no
Limited huaplatinum new material 100% 74.20% 2.26 4.00 6.67% no
Company Nandu Guojian 51% – 114.00% – 0.50-0.83% no
Nandu energy 75% 100.84% – 1.00 1.67% no
networking
Nandu Huatuo 35.21% – 35.34% – 3.00 5.00% no
3、 Basic information of the guaranteed
(I) Hangzhou Nandu Power Technology Co., Ltd. (hereinafter referred to as “Nandu power”)
Date of establishment: November 25, 2010
Registration place: No. 120, Hongda Road, Yuhang Economic and Technological Development Zone, Yuhang District, Hangzhou
Legal representative: Lu Xiaoyang
Registered capital: 600 million yuan
Main business: Production: lithium ion battery, high-energy Valve regulated battery. (the above business scope can only be operated after passing the environmental protection acceptance) R & D and sales: high-performance fully sealed batteries, fuel cells, lithium-ion batteries, Ni MH batteries, Cecep Solar Energy Co.Ltd(000591) batteries and other high-performance environmental protection batteries; Research and development of communication network power supply system and high-performance electrode materials; Sales of raw materials and accessories of power supply system; Integration and sales of backup and energy storage power generation systems; Import and export of goods.
Ownership structure: Nandu power is a wholly-owned subsidiary of the company, and the company holds 100% of its equity
Financial data:
Unit: 10000 yuan
Main financial indicators September 30, 2021 (Unaudited) December 31, 2020
Total assets 244687.80 212562.17
Total liabilities 172416.17 138483.18
Total contingent liabilities —
Net assets 72271.63 74078.99
Operating income 132257.97 153137.73
Total profit -1798.30 1255.02
Net profit -1807.36 1625.61
Nandu power is not a dishonest person.
(II) Hangzhou Zhejiang Narada Power Source Co.Ltd(300068) Sales Co., Ltd. (hereinafter referred to as “Nandu sales”)
Date of establishment: February 19, 2003
Registered address: Block C, building 1, No. 822, Wener West Road, Xihu District, Hangzhou, Zhejiang Province
Legal representative: Wu Xianzhang
Registered capital: 6 million yuan
Main business: Wholesale and retail: lead-acid battery, battery materials and battery accessories, high-frequency DC switching power supply, diesel generator, air conditioner in communication room, communication equipment and equipment, electronic products (except special control), chemical raw materials (except dangerous chemicals and class I precursor chemicals), automobile and spare parts; Import and export of goods (except for items prohibited by national laws and administrative regulations, and items restricted by laws and administrative regulations can be operated only after obtaining licenses).
Ownership structure: Nandu sales is a wholly-owned subsidiary of the company, and the company holds 100% of its equity
Financial data:
Unit: 10000 yuan
Main financial indicators September 30, 2021 (Unaudited) December 31, 2020
Total assets 18196.67 18167.51
Total liabilities 22580.50 22349.09
Total contingent liabilities —
Net assets -4383.83 -4181.57
Operating income 38648.77 41547.90
Total profit -202.26 -2633.63
Net profit -202.26 -3143.10
Nandu sales is not a dishonest person.
(III) Anhui Huabo Renewable Resources Technology Co., Ltd. (hereinafter referred to as “Huabo technology”)
Date of establishment: April 14, 2014
Registration place: Tianying Industrial Park, Jieshou City
Legal representative: Shen cenkuan
Registered capital: 200 million yuan
Main business: processing and sales of recycled crude lead, refined lead, alloy lead, electrolytic lead and lead oxide; Purchase and sale of waste metals and plastics; Recycling, smelting and sales of waste batteries; Research and development of nonferrous metal technology; Import and export business (excluding goods and Technologies Prohibited by the state).
Equity structure: huaplatinum technology is a wholly-owned subsidiary of the company, and the company holds 100% of its equity
Financial data:
Unit: 10000 yuan
Main financial indicators September 30, 2021 (Unaudited) December 31, 2020
Total assets 421531.24 382116.36
Total liabilities 243342.11 217848.05
Total contingent liabilities —
Net assets 178189.13 164268.31
Operating income 444627.90 515568.31
Total profit 13920.82 14860.82
Net profit
