300184SZSE

Progress Announcement on the Company's Provision of Guarantees for Wholly-Owned Subsidiaries

✨ AI Summary

Wuhan Liyuan Information Technology Co., Ltd. has approved a guarantee limit of up to RMB 2.8 billion for its wholly-owned subsidiaries for 2026. Recently, the company signed a maximum guarantee contract with Agricultural Bank of China for RMB 24 million for its subsidiary, Nanjing Feiteng Electronics. The total external guarantee balance is RMB 615 million, accounting for 16.50% of the company's latest audited net assets, with no overdue guarantees reported.

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Full Translation

AI Translation· azure_openai

I. Overview of the Guarantee Situation

To meet the operational and business development needs of its wholly-owned subsidiaries, Wuhan Liyuan Information Technology Co., Ltd. (hereinafter referred to as "the Company") convened board and shareholder meetings on March 4 and March 23, 2026, respectively, to review and approve the proposal regarding the estimated guarantee limit for wholly-owned subsidiaries for 2026. The Company agreed that the estimated guarantee limit for 2026 shall not exceed RMB 2.8 billion (the actual guarantee amount shall be subject to the final signed guarantee contract), and the approved guarantee limit can be reused within 12 months from the date of approval by the shareholders' meeting. For further details, please refer to the announcement titled "Estimated Guarantee Limit for Wholly-Owned Subsidiaries for 2026" disclosed by the Company on March 5, 2026, on the designated information disclosure media of the China Securit

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