SWHY(000166) 上海证券报·2025-04-01 18:11Summary of Key Points Core Viewpoint - The company has approved a guarantee for its wholly-owned subsidiary, Hongyuan Hengli (Shanghai) Industrial Co., Ltd., to facilitate external financing up to RMB 60 million, with the current guarantee balance increasing to RMB 600 million after recent agreements with several banks [2][3]. Group 1: Guarantee Overview - The company has provided a guarantee for Hongyuan Hengli with a total limit of RMB 60 million, which includes previously effective bank credit amounts [2]. - Prior to the new guarantees, the company had provided a total of RMB 330 million in guarantees to Hongyuan Hengli from various banks [2]. - The new guarantees signed with banks include RMB 100 million from Industrial Bank, RMB 100 million from China Minsheng Bank, RMB 100 million from CITIC Bank, and RMB 70 million from China Merchants Bank, resulting in a net increase of RMB 270 million in guarantees [3]. Group 2: Subsidiary Information - Hongyuan Hengli was established on June 18, 2013, with a registered capital of RMB 60 million and is involved in various business activities including investment management and trade [4]. - Hongyuan Hengli is a wholly-owned subsidiary of Hongyuan Futures Co., Ltd., which is in turn fully owned by the company [5][6]. Group 3: Guarantee Agreement Details - The guarantees provided to the banks are structured as irrevocable joint liability guarantees, with a guarantee period of three years from the maturity of the main contract [8][11][14][17]. - The maximum principal amount for each guarantee is set at RMB 100 million for Industrial Bank, China Minsheng Bank, and CITIC Bank, while it is RMB 70 million for China Merchants Bank [9][12][15][18]. Group 4: Total Guarantee Amount - As of the latest update, the total amount of guarantees provided by the company and its subsidiaries is RMB 6.369 billion, which represents 4.75% of the company's most recent audited net assets [19].