000632SZSE

Announcement on the Company's Guarantee Plan for 2026

ST Sanmu Co., Ltd.··17 pages

✨ AI Summary

The announcement outlines the company's guarantee plan for 2026, with a total guarantee limit of 565.65 million yuan. This includes guarantees for wholly-owned and controlling subsidiaries, with specific limits based on their debt ratios. The plan has been approved by the board and will be submitted for shareholder approval, emphasizing the company's commitment to managing financial risks effectively.

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Full Translation

AI Translation· azure_openai

Announcement on the Company's Guarantee Plan for 2026

Fujian Sanmu Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

Important Notice:

  1. Guaranteed Parties: The Company and its wholly-owned and controlling subsidiaries.
  2. Guarantee Limit: The total planned guarantee limit for 2026 is 565.65 million yuan, which includes guarantees provided by the Company to wholly-owned and controlling subsidiaries, guarantees among subsidiaries, and guarantees provided by subsidiaries to the Company.
  3. The planned guarantee limit for 2026 can continue to be used after repayment, and the guarantee balance at any point in time shall not exceed the total planned guarantee limit of 565.65 million yuan approved by the Company's shareholders' meeting.
  4. As of the date of this announcement, the Company's overdue guarantee amount (principal and interest) is 13.2596 million yuan, accounting for 10.99% of the Company's most recent audited net assets.
  5. Currently, the total external guarantee amount provided by the Company and its wholly-owned and controlling subsidiaries exceeds 100% of the most recent audited net assets, and the guarantee amount for guaranteed parties with a debt ratio exceeding 70% has exceeded 50% of the Company's most recent audited net assets. Investors are advised to pay close attention to guarantee risks.

Overview of Guarantee Situation

Fujian Sanmu Group Co., Ltd. (hereinafter referred to as "the Company") aims to ensure the continuous and stable development of its production and operations, meeting the daily financing needs of the Company and its wholly-owned and controlling subsidiaries. Based on past guarantee situations, the total planned guarantee limit for 2026 is 565.65 million yuan, of which the planned guarantee limit for wholly-owned and controlling subsidiaries with a debt ratio exceeding 70% is no more than 500.65 million yuan, and for those with a debt ratio not exceeding 70%, it is no more than 65 million yuan. According to relevant laws, regulations, and the Company's articles of association, the external guarantee plan for 2026 has been approved by the 15th meeting of the 11th board of directors and is subject to approval by the shareholders' meeting.

Main Content of the Guarantee Plan

The total guarantee limit provided by the Company for wholly-owned and controlling subsidiaries is 565.65 million yuan, of which the planned guarantee limit for wholly-owned and controlling subsidiaries with a debt ratio exceeding 70% is no more than 500.65 million yuan, and for those with a debt ratio not exceeding 70%, it is no more than 65 million yuan. The specific guarantee situation is as follows:

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