Announcement of external financial assistance

release time:

2024-04-23 16:16

AnnouncementNumber: 2023-032

Stock code: 832316               Securities abbreviation: Tian Zheng Biotech                Host brokerage: Shenwan Hongyuan underwriting sponsor

 

Jilin Tianzheng Biotechnology Co., Ltd

Announcement of external financial assistance

 

The Company and all members of the Board of Directors warrant that the content of the announcement is true, accurate and complete, and there are no false records, misleading statements or material omissions, and assume individual and joint legal responsibility for the authenticity, accuracy and completeness of its content.

 

1. Overview of external financial assistance
(1) Basic information

On November 27, 2020, Jiaohe Yuanheng Construction Project Management Co., Ltd. signed the "Jiahe City Comprehensive Land Renovation Project Cooperation Agreement" with the Jiahe City people's Government, responsible for the comprehensive land renovation of Jiahe City, raised funds, completed the new cultivated land index, and won the cultivated land index transaction award. In order to increase the company's income, on December 3, 2020, the Company signed a Loan Agreement with Jiaohe Yuanheng Construction Project Management Co., LTD. Due to the epidemic, there is no transaction of the land index for the time being, and the loan agreement has expired. After communication between the two parties, the loan agreement shall be re-signed. For the specific situation, the Loan Agreement signed by the two parties shall prevail. According to relevant regulations, this matter still needs to be submitted to the general meeting of shareholders for consideration.

(2) Whether it constitutes an affiliated transaction
This transaction does not constitute an affiliated transaction.
(3) Review and voting
The Company held the 20th meeting of the third Board of Directors on November 3, 2023, with 5 votes in favor, 0 votes against, and 0 abstentions, to consider and pass the Motion on the Company's external financial assistance. This motion does not involve related party transactions and does not require evasive voting. According to the regulations, this external financial assistance still needs to be submitted to the general meeting of shareholders for consideration.

 

2. Basic Information of sponsors
Borrower name: Jiaohe Yuanheng Construction Project Management Co., LTD
Legal representative: Fang Jiancheng
Date of establishment: November 24, 2020
Registered place: Gate 03, 1st Floor, Binhe West Road 9-33, Hebei Street, Jiahe City, Jilin City (Fenglin Bay East Building 33)
Business scope: Construction project management services (projects subject to approval according to law can only be carried out after approval by relevant departments).

 

3. Main contents of the loan agreement
1. Loan amount: RMB 40 million yuan only;
2. Purpose of the loan: for the capital investment of Jiahe City comprehensive land improvement project;
3. Repayment source: Jiaohe Yuanheng Construction Project Management Co., LTD. New cultivated land index transaction in place quota award.
The Company will sign the Loan Agreement with the other party in accordance with the above contents. If the future agreement is inconsistent with this announcement, the Company will disclose the information in a timely manner.

 

4. The purpose of foreign financial assistance and its impact on the Company
This external financial assistance will not affect the normal business and operating activities of the company, will not adversely affect the future financial status and operating results of the company, and will not harm the interests of the Company and shareholders.

 


5. Directory for reference
Resolution of the 20th Meeting of the Third Board of Directors of Jilin Tianzheng Biotechnology Co., LTD.

 

 

 

Jilin Tianzheng Biotechnology Co., LTD
Board of directors
November 6, 2023