GSDC(SH:603458) Zheng Quan Zhi Xing·2025-03-28 12:21Core Viewpoint - The company, Guizhou Transportation Planning and Design Institute Co., Ltd., has announced guarantees for its wholly-owned subsidiaries, Guizhou Hongxinda High-tech Co., Ltd. and Guizhou Hufeng Transportation Construction Engineering Co., Ltd., to support their operational financing needs [1][2]. Summary by Sections Guarantee Overview - The company provides a guarantee of RMB 10 million for Hongxinda and RMB 50 million for Hufeng, with existing guarantees of RMB 18 million and RMB 532.6 million respectively [1][2]. - There are no counter-guarantees associated with these guarantees [1][2]. - The company has no overdue external guarantees [1]. Subsidiary Information Guizhou Hongxinda High-tech Co., Ltd. - Registered capital: RMB 11 million [2]. - Total assets as of 2023: RMB 212.37 million, with total liabilities of RMB 186.20 million and net assets of RMB 26.17 million [3]. - Revenue for 2023: RMB 104.93 million, with a net profit of RMB 2.08 million [3]. Guizhou Hufeng Transportation Construction Engineering Co., Ltd. - Registered capital: RMB 220 million [4]. - Total assets as of 2023: RMB 2.03 billion, with total liabilities of RMB 1.42 billion and net assets of RMB 608.20 million [4]. - Revenue for 2023: RMB 581.67 million, with a net loss of RMB 11.23 million [4]. Guarantee Agreement Details - For Hongxinda, the guarantee is for a bank working capital loan with a term of one year [5][6]. - For Hufeng, the guarantee is for a bank comprehensive credit facility, also with a term of one year [7][8]. Necessity and Reasonableness of Guarantees - Both subsidiaries have good credit status and the guarantees are deemed necessary for their business development, supporting their stable operation and long-term growth [9]. - The board of directors has approved the guarantees, considering the operational needs and financial health of the subsidiaries [9]. Cumulative Guarantee Information - The total guarantee amount provided by the company is RMB 725.85 million, which accounts for 21.64% of the company's audited net assets for 2023 [9]. - There are no guarantees provided to controlling shareholders or related parties, and no overdue guarantees exist [9].