Sinomine(SZ:002738) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-04-07 22:40Summary of Key Points Core Viewpoint - The company has approved a guarantee limit for 2024, allowing it to provide guarantees for its wholly-owned and controlling subsidiaries, with a total expected limit of up to 600 million RMB [2][3]. Group 1: Guarantee Overview - The company will provide guarantees for its subsidiaries, including newly established or acquired ones, with a maximum limit of 600 million RMB for 2024 [2]. - The specific guarantee amount for Jiangxi Zhongkuang New Materials Co., Ltd. is set at 314 million RMB [2]. - After the latest guarantee, the total guarantee amount for Jiangxi Zhongkuang New Materials is 298.03 million RMB, which is within the approved limit [3]. Group 2: Financial Status - As of December 31, 2023, the company reported total assets of 1,588.48 million RMB, net assets of 1,222.35 million RMB, and total liabilities of 366.14 million RMB [9]. - For the first nine months of 2024, the company achieved total revenue of 356.93 million RMB and a net profit of 54.35 million RMB [10]. Group 3: Board Opinion - The board believes that the credit application to Huaxia Bank is beneficial for the company's daily operations and aligns with its sustainable development strategy [12]. - The financial risks associated with the guarantees are considered manageable and will not harm the interests of the company and its shareholders [12]. Group 4: Guarantee Statistics - The total amount of guarantees provided by the company and its subsidiaries is 482.39 million RMB, which is 39.61% of the net assets as of December 31, 2023 [13]. - There are no overdue guarantees or guarantees involved in litigation [13].