泰达股份: 关于为三级子公司提供担保的公告

Summary of Key Points Core Viewpoint - Tianjin TEDA Co., Ltd. is providing guarantees for its subsidiaries' financing needs, which raises concerns about the overall guarantee risk due to the high percentage of guarantees relative to the company's net assets [1][11]. Group 1: Guarantee Overview - The company has provided a total guarantee balance of 11.752 billion yuan, which accounts for 204.88% of the company's most recent audited net assets [1][11]. - The company provided a joint liability guarantee for its subsidiary Wen'an Run Electric Environmental Co., Ltd. for a financing application of 10 million yuan with a term of 12 months [1][9]. - The company approved a guarantee limit of 280 million yuan for Wen'an Run Electric Environmental Co., Ltd. for the year 2025, with a remaining guarantee balance of 140 million yuan after the new guarantee [2][3]. Group 2: Financing Applications - The subsidiary Rizhao Kaidi Ecological Energy Co., Ltd. applied for financing of 10 million yuan from Laishang Bank, and the subsidiary Caofeidian Run Electric Environmental Co., Ltd. applied for 18 million yuan from China Construction Bank, both guaranteed by Tianjin Run Tai Environmental Co., Ltd. [2][3]. - The approved guarantee limits for Tianjin Run Tai for Rizhao Kaidi and Caofeidian Run Electric are 290 million yuan and 390 million yuan, respectively, with remaining balances of 189.0425 million yuan and 39 million yuan after the new guarantees [3]. Group 3: Subsidiary Information - Wen'an Run Electric Environmental Co., Ltd. focuses on technology services, waste management, and power generation, with a registered capital of 101 million yuan [3][8]. - Rizhao Kaidi Ecological Energy Co., Ltd. specializes in biomass energy and has a registered capital of 100 million yuan [8]. - Caofeidian Run Electric Environmental Co., Ltd. is involved in comprehensive utilization of agricultural waste and has a registered capital of 109 million yuan [8]. Group 4: Financial Data - As of December 31, 2024, the total assets of the company were 52.491 billion yuan, with total liabilities of 37.995 billion yuan, resulting in net assets of 14.497 billion yuan [6]. - For the first quarter of 2025, the total assets increased to 53.161 billion yuan, while total liabilities rose to 38.203 billion yuan, leading to net assets of 14.957 billion yuan [6]. Group 5: Board Opinions - The board believes that the guarantees provided to the subsidiaries are necessary for their operational financing needs and considers the associated risks to be manageable [10].