ETERN(SH:600105) Shang Hai Zheng Quan Bao·2025-03-27 19:31Core Viewpoint - The company announced an internal adjustment of guarantee limits among its wholly-owned subsidiaries to support their normal business operations, ensuring that the overall guarantee limit remains unchanged at RMB 384,500 million for the year 2024 [2][3][4]. Guarantee Adjustment Details - The adjustment involves transferring unused guarantee limits of RMB 3,000 million each from subsidiaries Suzhou Jinting and Wuhan Jinting to Jiangsu Yongding Electric, resulting in new guarantee limits of RMB 37,000 million for Suzhou Jinting, RMB 9,000 million for Wuhan Jinting, and RMB 14,000 million for Jiangsu Yongding Electric [2][4]. - The total amount of guarantee adjustment is RMB 6,000 million, with no counter-guarantee involved [3][4]. Subsidiary Financial Overview - Suzhou Jinting: As of December 31, 2023, total assets were RMB 931.52 million, total liabilities were RMB 922.79 million, and net assets were RMB 8.74 million. For the first nine months of 2024, total assets increased to RMB 1,034.99 million, with a net profit of RMB 51.22 million [5][6]. - Wuhan Jinting: As of December 31, 2023, total assets were RMB 358.30 million, total liabilities were RMB 347.72 million, and net profit for the year was RMB 24.10 million. However, for the first nine months of 2024, it reported a net loss of RMB 668.28 million [6]. - Jiangsu Yongding Electric: As of December 31, 2023, total assets were RMB 150.74 million, with a net profit of RMB 0.60 million. By September 30, 2024, total assets rose to RMB 262.14 million, with a net profit of RMB 2.52 million [7]. Guarantee Context and Authorization - The guarantee adjustment is part of the company's strategy to ensure the normal business development of its subsidiaries, with the chairman authorized to handle all related matters post-adjustment [4][8]. - The company has no overdue external guarantees, with total external guarantees amounting to RMB 397,843.46 million, representing 86.73% of the company's audited net assets as of the end of 2023 [8].