banbao(SH:603398) Zheng Quan Zhi Xing·2025-05-20 12:17Summary of Key Points Core Viewpoint - The company, Jiangxi Mubang High-Tech Co., Ltd., has announced a guarantee for its wholly-owned subsidiary, Jiangxi Jierui Electromechanical Equipment Co., Ltd., amounting to RMB 9.90 million to support its business development and funding needs [1][3]. Group 1: Guarantee Details - The guarantee amount provided for Jierui Electromechanical is RMB 9.90 million, with a prior guarantee balance of RMB 415.84 million [1]. - The total external guarantees by the company and its subsidiaries amount to RMB 1.298 billion, which is 131.90% of the company's latest audited net assets [3]. - The guarantee is for a loan with a term of 12 months from Jiangxi Anyi Rural Commercial Bank [1][3]. Group 2: Subsidiary Information - Jiangxi Jierui Electromechanical Equipment Co., Ltd. was established on November 18, 2020, with a registered capital of RMB 30 million [2]. - The main business activities include manufacturing and sales of semiconductor devices, industrial robots, and water treatment equipment, among others [2]. - As of March 2025, Jierui's total assets were RMB 1.10978 billion, with total liabilities of RMB 1.05566 billion, resulting in a net asset of RMB 54.13 million [2]. Group 3: Board and Decision-Making - The guarantee was approved in meetings held on April 29, 2025, and May 20, 2025, as part of the company's annual guarantee plan [1][3]. - The board believes that the guarantee is necessary and reasonable to support the subsidiary's operational needs and is within the planned guarantee limits [3].