GUANGHUI ENERGY(600256) 证券之星· Zheng Quan Zhi Xing·2025-05-26 09:21Summary of Key Points Core Viewpoint The announcement from Guanghui Energy Co., Ltd. details the progress of guarantees implemented in April 2025, highlighting the company's efforts to support its subsidiaries and joint ventures through financial guarantees while maintaining risk control. Group 1: Guarantee Amounts and Balances - In April 2025, the company increased the guarantee amount by 36,665.00 million yuan and decreased it by 114,024.91 million yuan, resulting in a total guarantee balance of 1,380,443.02 million yuan as of April 30, 2025 [1][5]. - The total estimated guarantee amount for 2025 is capped at 20 billion yuan, with a net increase of up to 6 billion yuan, including 5.71 billion yuan for subsidiaries and 3.3 billion yuan for joint ventures with an asset-liability ratio above 70% [1][5]. Group 2: Implementation and Oversight - The company has established a monthly disclosure system for guarantee implementation to ensure investors are well-informed about the company's guarantee activities [2]. - The guarantees are executed within the approved limits set by the board and shareholders, allowing for internal adjustments among subsidiaries and joint ventures [1][2]. Group 3: Financial Health of Guaranteed Entities - The guaranteed companies are reported to have stable operations and good creditworthiness, indicating that the risks associated with these guarantees are manageable and will not adversely affect the company's operations or the interests of minority shareholders [5]. - As of April 30, 2025, the total guarantee balance represents 51.14% of the company's latest audited equity attributable to shareholders [5].