Special Risk Reminder
As of the announcement date, the total actual guarantee amount provided by the company and its subsidiaries for their controlled companies accounts for 47.11% of the company's latest audited net assets, while the total guarantee amount accounts for 70.32%. The total actual guarantee amount for units with a debt ratio exceeding 70% accounts for 29.24%, and for units with a debt ratio exceeding 70%, it accounts for 47.80%. Investors are advised to pay attention to the related risks.
Overview of Guarantees
Guangdong Jingyi Metal Co., Ltd. (hereinafter referred to as "the Company") and its subsidiaries, Guangdong Jingyi Sales Co., Ltd., Wuhu Jingyi Copper Industry Co., Ltd., and Wuhu Wanxi Metal Products Co., Ltd., have signed a "Maximum Guarantee Contract" with the Shunde Beijiao Branch of Agricultural Bank of China, jointly providing a joint liability guarantee for the credit business of its wholly-owned subsidiary, Shunde District Jingyi Wanxi Copper Industry Co., Ltd., with a guarantee amount of RMB 108 million. The guarantee period is three years from the expiration of the debt performance period stipulated in the main contract. The guarantee procedures for subsidiaries Wuhu Jingyi Copper Industry Co., Ltd. and Wuhu Wanxi Metal Products Co., Ltd. are still being processed and are expected to be completed by April 2026.