002056SZSE

Progress Announcement on Providing Guarantees for Subsidiaries

Hengdian Group DMEGC Magnetics Co., Ltd.·

✨ AI Summary

This announcement details the company's provision of guarantees for its subsidiaries, totaling approximately RMB 24.51 million, which is 2.43% of the latest audited net assets. The guarantees include a performance bond for DMEGC Renewable Energy B.V. and a performance guarantee for Dongyang DMEGC Photovoltaic Power Co., Ltd. The board approved the guarantee limits for 2025 in meetings held in December 2024.

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Full Translation

AI Translation· azure_openai
  1. Stock Code: 002056
    Stock Abbreviation: Hengdian East Magnetic
    Announcement Number: 2025-067

Hengdian Group East Magnetic Co., Ltd. Progress Announcement on Providing Guarantees for Subsidiaries

Special Note: As of October 31, 2025, the total balance of guarantees provided by the company for its subsidiaries is RMB 245.0729 million, accounting for 2.43% of the company's latest audited net assets. The company and its subsidiaries do not provide guarantees for entities outside the scope of the consolidated financial statements, nor are there any overdue guarantees.

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