China Tianying(SZ:000035) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-05-26 22:44Group 1 - The company has approved the adjustment of guarantee limits for its subsidiaries, specifically reallocating 100 million RMB from Jiangsu Tianying Environmental Energy Co., Ltd. to Shenzhen Tianying Environmental Energy Co., Ltd. This adjustment represents 0.91% of the company's latest audited net assets [1] - The company has signed a comprehensive credit contract with Zhuhai China Resources Bank Shenzhen Branch, providing a credit limit of 100 million RMB to Shenzhen Tianying [2] - The guarantee provided by the company is within the approved limits from the board and does not require further approval [2] Group 2 - Shenzhen Tianying Environmental Energy Co., Ltd. is a wholly-owned subsidiary of the company, established on April 27, 2005, with a registered capital of 60 million RMB. Its operations include waste incineration and power generation [3] - The company has a good credit standing and is not listed as a dishonest executor [3] - The guarantee covers the principal amount, interest, penalties, and related costs, with a maximum guarantee period of three years [5] Group 3 - The board believes that providing guarantees to Shenzhen Tianying will enhance its financing efficiency and operational effectiveness, aligning with the interests of the company and its shareholders [6] - The total amount of guarantees provided by the company to its subsidiaries is 10.39 billion RMB, accounting for 95.03% of the company's latest audited net assets, with no overdue guarantees or litigation-related amounts [6]