Fu Neng Shares (600483): Guarantee Loans For Wholly Owned Subsidiary Projects
Fujian Fu Neng Limited by Share Ltd announcements on loan guarantees for wholly owned subsidiary projects
The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important note:
The name of the guarantor: Fujian Funeng Nanfang New Material Co., Ltd.
The guarantee amount is 130 million yuan RMB, and the guarantee balance it has provided is RMB 150 million yuan.
Whether there is any counter guarantee: no
The accumulated amount of overdue guarantee: no
I. summary of guarantee situation
(1) basic conditions of guaranty
Fujian Funeng Limited by Share Ltd (hereinafter referred to as the "company"), a wholly owned subsidiary of Fujian Funan Nannan New Material Co., Ltd. (hereinafter referred to as "nabai new material"), is due to meet the needs of the two phase project of the hi tech material industrial park. It intends to apply for the loan of RMB 130 million yuan to the industrial and technological transformation investment fund of Fujian industrial and Commercial Bank of China, Nanping branch, with a loan term of 4 years and an annual loan interest rate of 3%. The company intends to provide joint guarantee liability guarantee for the new loan of the above projects. The guarantee agreement has not yet been signed.
(two) internal decision making procedures for guaranty matters
In December 10, 2019, the company held a eighteenth interim meeting of the ninth board of directors by means of a communication vote. It adopted the vote on the guarantee of loans for wholly-owned subsidiary projects with the result of 9 votes, 0 votes and 0 abstentions.
Two, the basic situation of the guarantor
1. Company Name: Fujian Funeng Nanfang New Material Co., Ltd.
2. type of company: limited liability company
3. company residence: No. 63, an Feng Road, Yanping District, Nanping, Fujian.
4. legal representative: Ma Xinming
5. registered capital: 288 million 483 thousand and 712 yuan.
6. date of establishment: September 30, 2014
7. opening period to September 29, 2064
8. scope of operation: new medical materials, new materials for health, new materials for nursing, new materials for cars, new materials for vehicles, new materials and products for filtration, textile and PU leather manufacturing and marketing, import and export businesses of various types of commodities and technologies, except for goods and Technologies Prohibited or exported by the state, and wholesale and retail of textile raw materials, solar photovoltaic power generation, and technical advisory services of our products. (legally approved projects can be launched after approval by the relevant departments).
9. accounting condition (parent company report caliber):
Unit: RMB 10000 yuan
| December 31, 2018 (audited) | September 30, 2019 (Unaudited) | |
| total assets | One hundred and ten thousand one hundred and ninety-eight Point Zero Five | One hundred and sixteen thousand one hundred and sixty point four three |
| Net assets | Sixty-six thousand two hundred and thirty-three point seven three | Seventy-one thousand nine hundred and thirty point zero three |
| Total liabilities | Forty-three thousand nine hundred and sixty-four point three one | Forty-four thousand two hundred and thirty point three nine |
| Among them: the total amount of bank loans | Twenty-two thousand and one hundred | Fifteen thousand and five hundred |
| Total current liabilities | Twenty-six thousand eight hundred and eighty-five point seven two | Twenty-nine thousand seven hundred and sixty-eight point eight five |
| 2018 1-12 | 2019 1-9 | |
| Business income | Seventy-three thousand five hundred and ten point five zero | Forty-nine thousand seven hundred and forty-one point two four |
| Net profit | Eight hundred and fifty-three point zero one | Five thousand six hundred and ninety-six point two nine |
Wholly owned subsidiary of Nanfang New Material Co., Ltd.
Three, the main contents of guarantee
Guarantee method: joint guarantee liability guarantee
Guarantee period: 4 years
Guarantee amount: RMB 130 million yuan.
Four. Board opinion
The board of Directors believes that the guarantor is a wholly owned subsidiary of the company, which can effectively control and guard against the risk of guarantee. The guarantee involved is conducive to raising the financing capacity of the new material, and meeting the needs of its normal production and operation. There is no guarantee risk or damage to the interests of the company.
The independent directors believe that: according to the actual situation, the company provides a joint guarantee liability guarantee for a wholly owned subsidiary, Fujian Funeng Nanfang New Material Co., Ltd., with a guarantee period of 4 years, which is in line with the relevant conditions of the company's external guarantee. There is no damage to the interests of the shareholders of the company, especially the minority shareholders. 130 million The deliberation and voting procedure of this bill is lawful, standard and fair. We agree to this matter.
Five, the company's accumulated external guarantee and overdue guarantee.
As of the announcement date, the total external guarantee amount of the company and its subsidiaries amounted to 1 billion 68 million yuan (including this time).
Guarantee amount, accounting for 8.07% of the company's latest audited net assets. The company's external guarantees are guarantees for its subsidiaries and no overdue guarantee.
Six. Filing documents
1. resolution of the eighteenth provisional session of the ninth session of the board of directors;
2. the basic information of the guarantor and the latest financial statements.
Notice hereby.
Board of directors of Fujian fortune Limited by Share Ltd
December 11, 2019
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