002685SZSE

Announcement on Providing Guarantees for Subsidiaries and Mutual Guarantees Among Subsidiaries

✨ AI Summary

The company announces its intention to provide guarantees for its subsidiaries, with a total guarantee amount not exceeding RMB 25 billion. The current total guarantee amount for subsidiaries is RMB 4.10 billion. These guarantees, effective until the end of 2026, aim to support subsidiaries' business operations and development needs. The company's net assets are projected at 156.70% according to the 2025 financial audit.

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The company and its subsidiaries (hereinafter referred to as "the Company") will provide guarantees for each subsidiary within the scope of the consolidated financial statements. The total guarantee amount shall not exceed RMB 25 billion. According to the 2025 financial audit, the company's net assets are projected to be 156.70%. The total guarantee amount for the subsidiaries is RMB 4.10 billion. Shareholders are advised to pay attention to the guarantees.

  1. The Company and its subsidiaries will provide guarantees for each subsidiary within the scope of the consolidated financial statements. The total guarantee amount shall not exceed RMB 25 billion. According to the 2025 financial audit, the company's net assets are projected to be 156.70%. The total guarantee amount for the subsidiaries is RMB 4.10 billion. Shareholders are advised to pay attention to the guarantees.

  2. The guarantee form includes guarantees provided by the Company for its subsidiaries. The Company and its subsidiaries will provide mutual guarantees. The guarantee method is not limited to general guarantees, including performance guarantees, warranties, and quality guarantees.

  3. The effective period of this guarantee is from the date of approval until the end of 2026. The guarantee amount will be used for the duration of the guarantee period, and at the same time, the Company and its subsidiaries will provide guarantees not exceeding RMB 25 billion.

Guarantee Situation Overview

Guarantee Amount Forecast

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