Summary of Key Points Core Viewpoint - Hunan Baile Engineering Technology Co., Ltd. has announced a guarantee for its wholly-owned subsidiary, Changzhou Baile Lithium Battery Smart Factory Co., Ltd., to facilitate financing activities with a maximum guarantee amount of RMB 85 million [2][3]. Group 1: Guarantee Details - The guarantee is provided to support Changzhou Baile's banking credit operations with Jiangsu Bank, with a maximum principal amount of RMB 85 million [3]. - Prior to this guarantee, the actual guarantee balance provided to Changzhou Baile was RMB 245 million [2]. - There are no counter-guarantees associated with this guarantee, and there are no overdue guarantees [3]. Group 2: Company and Financial Overview - Changzhou Baile Lithium Battery Smart Factory Co., Ltd. was established on November 27, 2013, with a registered capital of RMB 71 million [5]. - As of December 31, 2024, Changzhou Baile reported total assets of approximately RMB 1.36 billion and total liabilities of approximately RMB 1.11 billion, resulting in a net asset value of approximately RMB 242 million [7]. - For the first half of 2025, the company reported total assets of approximately RMB 1.22 billion and a net loss of approximately RMB 12 million [7]. Group 3: Guarantee Agreement Terms - The guarantee agreement is effective from June 13, 2025, to June 12, 2026, covering all credit operations during this period [8]. - The guarantee includes the principal amount, interest, fees, and any costs incurred by the creditor to enforce the guarantee [8]. - The total external guarantee balance, excluding this new guarantee, is RMB 211.8 million, which is 134.11% of the company's latest audited net assets [9].

Core Viewpoint - The company has provided a guarantee of up to RMB 85 million for its wholly-owned subsidiary, Changzhou Baile Lithium Battery Smart Factory Co., Ltd, to facilitate its financing needs [1][2]. Group 1: Guarantee Details - The maximum principal amount of the guarantee is RMB 85 million, in addition to an existing guarantee balance of RMB 245 million [1]. - There is no counter-guarantee associated with this guarantee [1]. - There are no overdue guarantees recorded by the company [1]. Group 2: Subsidiary Information - Changzhou Baile Lithium Battery Smart Factory Co., Ltd has a registered capital of RMB 71 million and was established on November 27, 2013 [2]. - The subsidiary's business scope includes the research, design, and manufacturing of lithium battery materials and intelligent production lines, among other activities [2]. Group 3: Financial Status - As of December 31, 2024, the total assets of Changzhou Lithium Battery amounted to approximately RMB 1.36 billion, with total liabilities of approximately RMB -53.59 million [3]. - As of June 30, 2025, the total assets were approximately RMB 1.22 billion, with total liabilities of approximately RMB -12.03 million [3]. Group 4: Guarantee Agreement - The guarantor is Hunan Baile Engineering Technology Co., Ltd, and the creditor is Jiangsu Bank Co., Ltd, Changzhou Branch [3]. - The guarantee covers loans, commercial bills, and other credit business contracts [3]. Group 5: Overall Guarantee Situation - As of the announcement date, the total external guarantee balance of the company and its subsidiaries, excluding this guarantee, is RMB 189.65 million, which accounts for 120.08% of the company's most recent audited net assets [4].

证券代码：603959 证券简称：百利科技 公告编号：2025-060 ● 本次担保是否有反担保：无 ● 对外担保逾期的累计数量：无 一、担保情况概述 湖南百利工程科技股份有限公司 关于为全资子公司担保的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： ● 被担保人名称：常州百利锂电智慧工厂有限公司 ● 本次担保金额及已实际为其提供的担保余额：本次担保的最高债权本金 为人民币 8,500 万元；本次担保前为其实际提供的担保余额为 24,500 万元。 住所：常州西太湖科技产业园腾龙路 2 号 法定代表人：雷立华 注册资本：7100 万元人民币 为保证全资子公司常州百利锂电智慧工厂有限公司（以下简称"常州锂电"） 融资事项的顺利进行，湖南百利工程科技股份有限公司（以下简称"公司"）于 2025 年 7 月 22 日与江苏银行股份有限公司常州分行（以下简称"江苏银行"） 签订了《最高额连带责任保证书》，为常州锂电在江苏银行办理的银行授信业务 提供连带责任保证。本次担保的最高债权本金为人民币 8,500 万 ...

Group 1 - The company, Hunan Baile Engineering Technology Co., Ltd., expects a net loss attributable to shareholders of RMB -38 million to -57 million for the first half of 2025 [2][3] - The expected net profit attributable to shareholders, after deducting non-recurring gains and losses, is projected to be RMB -36 million to -55 million [2][3] - The performance forecast period is from January 1, 2025, to June 30, 2025 [2] Group 2 - In the same period of the previous year, the company reported a net loss attributable to shareholders of RMB -134 million and a net loss of RMB -141 million after deducting non-recurring gains and losses [4] - The earnings per share for the first half of 2024 was reported at RMB -0.27 [5] Group 3 - The primary reasons for the expected loss in the first half of 2025 include a sluggish macroeconomic environment, technological obsolescence, and overcapacity in the downstream markets of new energy and traditional energy [6] - Some clients have reduced or canceled their capacity expansion plans, leading to decreased equipment investment demand and prolonged project acceptance cycles, which have increased costs [6] - Intense competition in the domestic lithium battery equipment and petrochemical industries has resulted in a decline in gross margins for the company's orders [6]

[Current Period Performance Forecast](index=1&type=section&id=Item%201.%20Current%20Period%20Performance%20Forecast) The company anticipates a net loss attributable to shareholders of -38 million to -57 million RMB for the first half of 2025, with non-recurring items excluded net loss ranging from -36 million to -55 million RMB, based on preliminary unaudited estimates Performance Forecast Details | Metric | Estimated Amount (RMB) | | :--- | :--- | | **Performance Forecast Period** | January 1, 2025, to June 30, 2025 | | **Net Profit Attributable to Shareholders** | -38 million to -57 million | | **Net Profit Attributable to Shareholders (Excluding Non-Recurring Items)** | -36 million to -55 million | - This performance forecast is a preliminary estimate based on the company's operational status and has not been audited by a certified public accountant[4](index=4&type=chunk) [Prior Period Performance](index=1&type=section&id=Item%202.%20Prior%20Period%20Performance) The company reported a net loss attributable to shareholders of -134 million RMB in the first half of 2024, indicating a significant reduction in the projected loss for the first half of 2025 compared to the prior year 2024 Semi-Annual Performance | Metric | 2024 Semi-Annual Data | | :--- | :--- | | **Net Profit Attributable to Shareholders** | -134 million RMB | | **Net Profit Attributable to Shareholders (Excluding Non-Recurring Items)** | -141 million RMB | | **Earnings Per Share** | -0.27 RMB | - Compared to the **net loss attributable to shareholders of -134 million RMB** in the first half of 2024, the projected loss for the first half of 2025 (ranging from **-38 million to -57 million RMB**) shows a notable narrowing[3](index=3&type=chunk)[5](index=5&type=chunk) [Primary Reasons for Current Period Pre-Loss](index=2&type=section&id=Item%203.%20Primary%20Reasons%20for%20Current%20Period%20Pre-Loss) The pre-loss is primarily attributed to a sluggish macroeconomic environment, reduced demand in downstream new energy and traditional energy markets, leading to decreased client investments, extended project cycles, and intensified industry competition compressing order gross margins - A sluggish macroeconomic environment, coupled with technological obsolescence and overcapacity in downstream new energy and traditional energy markets, has led clients to reduce or cancel capacity expansion plans, thereby decreasing equipment investment demand[8](index=8&type=chunk) - Extended acceptance cycles for some projects have resulted in increased associated costs and expenses[8](index=8&type=chunk) - Intense market competition in the domestic lithium equipment and petrochemical industries has led to a decline in the gross margin of newly secured orders[8](index=8&type=chunk) [Risk Warning and Explanation](index=2&type=section&id=Item%204.%20Risk%20Warning) The company confirms no significant uncertainties currently exist that could impact the accuracy of this performance forecast, advising investors that final financial data will be based on the officially disclosed semi-annual report - The company states that there are currently no significant uncertainties affecting the accuracy of this performance forecast[9](index=9&type=chunk) - The forecast data is a preliminary calculation, and the final accurate data will be subject to the company's officially disclosed 2025 semi-annual report, cautioning investors about investment risks[10](index=10&type=chunk)

Group 1 - The company ST Baili announced the cancellation of other risk warnings and the stock name change to "Baili Technology" effective July 15, 2025 [2] - Following the removal of risk warnings, the daily price fluctuation limit for the company's stock will increase from 5% to 10% [2] - As of July 11, 2025, ST Baili's stock price was reported at 5.98 yuan per share, with a total market capitalization of 2.9 billion yuan [8] Group 2 - The company has completed the rectification of internal control deficiencies and has cleared non-operating fund occupation [4] - The internal control audit for 2024 received a standard unqualified opinion from Tianzhi International Accounting Firm, indicating improvements in internal controls [4] - The actual controller of ST Baili, Wang Hairong, has fully repaid the non-operating funds amounting to 192 million yuan and accrued interest of 9.5985 million yuan by December 31, 2024 [4] Group 3 - ST Baili faced regulatory penalties due to internal control issues, including failure to disclose non-operating fund occupation and significant omissions in financial reports [6] - The company was fined 4 million yuan, and its chairman Wang Hairong received a 600,000 yuan fine along with a three-year market ban [6] - For the fiscal year 2024, ST Baili reported a net profit attributable to shareholders of -401 million yuan, marking two consecutive years of losses [6][7] Group 4 - The company specializes in providing comprehensive solutions for smart factory construction in the energy and materials sectors, primarily serving the oil and gas, petrochemical, modern coal chemical, and new energy materials industries [7]

Core Viewpoint - ST Baili has announced the removal of other risk warnings and the change of its stock name to "Baili Technology," effective July 15, 2025, which will allow for a higher daily price fluctuation limit of 10% instead of 5% [2][3]. Company Updates - The company will suspend trading on July 14, 2025, and resume trading on July 15, 2025 [3]. - ST Baili has completed the rectification of internal control deficiencies and has cleared non-operating fund occupation [5]. - The company’s actual controller, Wang Hairong, has repaid all non-operating funds amounting to 192 million yuan and accrued interest of 9.5985 million yuan by December 31, 2024 [5]. Financial Performance - For the fiscal year 2024, ST Baili reported a net profit attributable to shareholders of -401 million yuan, marking two consecutive years of losses [8]. - The company’s total revenue for the first quarter of 2025 was 31.8 million yuan, showing a year-on-year increase of 17.92% [9]. - The total operating costs for the same period were 32.2 million yuan, resulting in an operating profit of -3.8 million yuan [9]. Regulatory Issues - ST Baili faced regulatory penalties due to internal control issues, including failure to disclose non-operating fund occupation and significant omissions in financial reports [7]. - The company was fined 4 million yuan, and its chairman received a 3-year market ban along with fines for other executives [7]. Market Position - As of July 11, 2025, ST Baili's stock price was 5.98 yuan per share, with a total market capitalization of 2.9 billion yuan [10].

证券代码：603959 证券简称：ST 百利 公告编号：2025-058 湖南百利工程科技股份有限公司 关于撤销其他风险警示暨停牌的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 证券停复牌情况：适用 因公司股票撤销其他风险警示,公司的相关证券停复牌情况如下： 大华会计师事务所（特殊普通合伙）作为湖南百利工程科技股份有限公司（以 下简称"公司"）2023 年度内部控制及财务报表审计机构，对公司 2023 年度内部 控制出具了否定意见的《内部控制审计报告》（大华内字[2024]0011000190 号）， 停牌日期为2025 年 7 月 14 日。 撤销起始日为2025 年 7 月 15 日。 撤销后 A 股简称为百利科技。 （二）股票代码仍为"603959"； （三）撤销其他风险警示的起始日：2025 年 7 月 15 日。 公司股票于 2024 年 5 月 6 日起被实施其他风险警示。 由于公司实际控制人非经营性资金占用余额达到公司最近一期经审计净资产 绝对值 5%以上，且金额超过 1000 万元，实际 ...

Group 1 - The company ST Baili (603959) will suspend its stock trading for one day on July 14, 2025, and will resume trading on July 15, 2025, with the removal of other risk warnings [1] - After the removal of risk warnings, the company's stock will be transferred out of the risk warning board, and the daily price fluctuation limit will change from 5% to 10% [1] - The company's net profit attributable to shareholders for the fiscal year 2024 is projected to be -401 million yuan, marking a continuous loss for two consecutive years [1]

Group 1 - The core issue is that the controlling shareholder, Xizang Xinhai New Venture Investment Co., Ltd., has been applied for bankruptcy liquidation by a creditor due to inability to repay debts and lack of repayment capacity [1] - The court ruled on July 1, 2025, that the creditor's application for bankruptcy liquidation was not accepted due to insufficient evidence proving the shareholder's inability to repay debts or lack of assets to cover all debts [1] - The court found that the shareholder was in a normal operating state and did not meet the conditions for bankruptcy liquidation as per legal standards [1] Group 2 - The company disclosed the bankruptcy application situation on June 23, 2025, and provided updates on the progress of the case [1] - The company emphasizes the importance of accurate and complete information disclosure to investors [2]