1. Date of Fact Occurrence: 115/06/09 2. Company Receiving Endorsement Guarantee: (1) Company Name: Chongqing Yonggu New Material Co., Ltd. (2) Relationship with the Company Providing Endorsement Guarantee: It is the parent company that directly holds 100% of Chongqing Larry Yonggu Concrete Co., Ltd. (3) Limit of Endorsement Guarantee (in thousands of Yuan): 4,456,778 (4) Balance of Original Endorsement Guarantee (in thousands of Yuan): 70,020 (5) Amount of New Endorsement Guarantee This Time (in thousands of Yuan): 70,020 (6) Balance of Endorsement Guarantee as of the Date of Fact Occurrence (in thousands of Yuan): 140,040 (7) Actual Amount Utilized by the Company Receiving Endorsement Guarantee (in thousands of Yuan): 70,020 (8) Reason for New Endorsement Guarantee This Time: The parent company applied for a loan limit, and the board of directors resolved to provide an endorsement guarantee. It was determined that the announcement standard was met based on the timing of the announcement. (1) Company Name: Chongqing Dongzhao Changsheng New Material Co., Ltd. (2) Relationship with the Company Providing Endorsement Guarantee: Both are subsidiaries directly held 100% by this group. (3) Limit of Endorsement Guarantee (in thousands of Yuan): 4,456,778 (4) Balance of Original Endorsement Guarantee (in thousands of Yuan): 140,040 (5) Amount of New Endorsement Guarantee This Time (in thousands of Yuan): 37,344 (6) Balance of Endorsement Guarantee as of the Date of Fact Occurrence (in thousands of Yuan): 177,384 (7) Actual Amount Utilized by the Company Receiving Endorsement Guarantee (in thousands of Yuan): 70,020 (8) Reason for New Endorsement Guarantee This Time: An affiliated company applied for a loan limit, and the board of directors resolved to provide an endorsement guarantee. It was determined that the announcement standard was met based on the timing of the announcement. 3. Collateral Provided by the Company Receiving Endorsement Guarantee: (1) Content: None (2) Value (in thousands of Yuan): 0 4. Most Recent Financial Statements of the Company Receiving Endorsement Guarantee: (1) Capital (in thousands of Yuan): 196,842 (2) Accumulated Profit/Loss (in thousands of Yuan): -17,640 5. Conditions for Release of Endorsement Guarantee Liability: (1) Conditions: The guarantee liability can be released once the subsidiary terminates its loan facility with the bank. (2) Date: The guarantee liability can be released once the subsidiary terminates its loan facility with the bank. 6. Total Limit of Endorsement Guarantee (in thousands of Yuan): 51,859,259 7. Balance of Endorsement Guarantee as of the Date of Fact Occurrence (in thousands of Yuan): 947,884 8. Ratio of the Balance of Endorsement Guarantee Provided by A to the Net Worth of the Publicly Issued Company's Most Recent Financial Statements as of the Date of Fact Occurrence: 49.62 9. Ratio of the Total Balance of Endorsement Guarantee, Long-Term Investment, and Fund Lending to the Net Worth of the Publicly Issued Company's Most Recent Financial Statements as of the Date of Fact Occurrence: 110.49 10. Other Matters to be Noted: Calculated using the exchange rates of RMB 4.668 and USD 31.615 as of June 9, 115.
FACT BOX
- Source: PR Times
- Category: News
- Organizations: Chongqing Yonggu New Material Co., Ltd. / Chongqing Dongzhao Changsheng New Material Co., Ltd.
- Dates in source: 115/06/09
- Products / services: Concrete Products