ERA(SZ:002641) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-04-18 08:54Summary of Key Points Core Viewpoint - The company has approved a total guarantee amount of RMB 204.5 million for its subsidiaries to support their operational and development needs, with specific agreements signed with banks for various subsidiaries [1][21]. Group 1: Guarantee Overview - The company approved a guarantee amount of RMB 204.5 million, which includes RMB 194.5 million for its subsidiaries and RMB 10 million for inter-subsidiary guarantees [1]. - The guarantee authorization is valid from the date of approval at the 2023 annual general meeting until the next annual general meeting in 2024 [1]. Group 2: Guarantee Progress - The company’s subsidiaries have applied for credit from banks, and relevant guarantee documents have been signed [2]. - A maximum guarantee contract was signed with Shanghai Pudong Development Bank for a maximum amount of RMB 15 million for Zhejiang Gongyuan New Energy Technology Co., Ltd [2][12]. - Shanghai Gongyuan Pipeline Co., Ltd signed a guarantee with Jiangsu Bank for a maximum amount of RMB 8 million for Shanghai Gongyuan International Trade Co., Ltd [3][15]. - Shanghai Gongyuan International Trade Co., Ltd signed a guarantee with Jiangsu Bank for a maximum amount of RMB 2 million for Shanghai Gongyuan Pipeline Co., Ltd [3][18]. Group 3: Financial Status and Shareholding - Zhejiang Gongyuan New Energy Technology Co., Ltd has a registered capital of RMB 139.15 million and is primarily engaged in solar energy-related activities [4]. - Shanghai Gongyuan International Trade Co., Ltd has a registered capital of RMB 5.5 million and is involved in import and export activities [6]. - Shanghai Gongyuan Pipeline Co., Ltd has a registered capital of RMB 108 million and focuses on manufacturing and selling plastic pipes [10]. Group 4: Board of Directors' Opinion - The board believes that the subsidiaries are stable and have good creditworthiness, making the guarantee risks manageable [21]. - The company will require corresponding counter-guarantees from its subsidiaries when providing guarantees [21]. Group 5: Total Guarantee Amount and Status - The total approved external guarantees (excluding those for subsidiaries) amount to RMB 10 million, with an actual balance of RMB 3.67 million, representing 0.68% of the company's audited net assets as of December 31, 2023 [21][22]. - The total guarantee amount for subsidiaries is RMB 194.5 million, with an actual balance of RMB 9.02 million, representing 1.68% of the company's audited net assets [22]. - The total guarantees provided by the company and its subsidiaries amount to RMB 214.5 million, with an actual balance of RMB 13.68 million, representing 2.54% of the company's audited net assets [22].