天津泰达股份有限公司关于为二级子公司提供担保的公告

Summary of Key Points Core Viewpoint - The company has provided guarantees for its subsidiaries to secure financing, which raises concerns about the overall debt levels and potential risks associated with these guarantees. Group 1: Guarantee Overview - Tianjin TEDA Co., Ltd. has subsidiaries applying for financing totaling 5,500 million yuan, with guarantees provided by its holding subsidiary TEDA Environmental Protection Co., Ltd. [3] - The financing includes 20 million yuan from Ping An Bank, 20 million yuan from Ping An Bank for another subsidiary, 5 million yuan from China Everbright Bank, and 10 million yuan from Bank of Communications [3]. Group 2: Guarantee Amount Review - The company’s board approved guarantee limits for 2025, with amounts set at 27 million yuan for Tianjin Yongtai, 37 million yuan for Yangzhou TEDA Environmental Protection, 27 million yuan for Qinhuangdao TEDA Environmental Protection, and 19 million yuan for Gaoyou TEDA Environmental Protection [4]. - The total guarantee amount after the new approvals will be 119.25 billion yuan, which is 210.50% of the company's latest audited net assets [34]. Group 3: Subsidiary Basic Information - Tianjin Yongtai was established on July 21, 2006, with a registered capital of 180.82 million yuan, focusing on urban waste management and energy services [5]. - Yangzhou TEDA Environmental Protection, established on October 9, 2021, specializes in waste incineration power generation and environmental project management [10]. - Qinhuangdao TEDA Environmental Protection, founded on November 12, 2008, has a registered capital of 95.20 million yuan and engages in waste management and energy services [10]. - Gaoyou TEDA Environmental Protection, established on December 9, 2015, focuses on waste incineration and environmental project management with a registered capital of 106.51 million yuan [15]. Group 4: Guarantee Agreement Details - The guarantee agreements include a maximum guarantee amount of 20 million yuan for Tianjin Yongtai and Yangzhou TEDA Environmental Protection, with a three-year guarantee period [18][21]. - For Qinhuangdao TEDA Environmental Protection, the guarantee amount is 5 million yuan, also with a three-year guarantee period [25]. - Gaoyou TEDA Environmental Protection has a guarantee amount of 10 million yuan, with a similar three-year guarantee period [29]. Group 5: Board Opinion - The board believes that the guarantees are necessary for the subsidiaries' operational needs and considers the associated risks to be manageable, asserting that there is no harm to the company's interests [32].