泰和新材集团股份有限公司关于为控股子公司泰和化学担保的进展公告

Group 1 - The company approved a guarantee limit of up to 400 million RMB for its subsidiary, Taihe Chemical, and a total guarantee limit of 3.821 billion RMB for all subsidiaries [2][3] - Taihe Chemical plans to apply for a credit limit of up to 30 million RMB from financial institutions, with a guarantee amount of up to 20.438 million RMB provided by the company [3][4] - The company holds a 68.13% stake in Taihe Chemical, which has total assets of 131.9392 million RMB and total liabilities of 61.8064 million RMB as of December 31, 2023 [5][6] Group 2 - The guarantee contract with Ningxia Bank includes a maximum guarantee amount of 20.438 million RMB for various credit facilities provided to Taihe Chemical [7][8] - The guarantee period is calculated based on the debt performance period, lasting three years from the maturity date of the debt [10][11] - As of the announcement date, the total guarantee balance provided by the company to its subsidiaries is 902.5179 million RMB, accounting for 12.45% of the latest audited net assets [12]