Summary of Key Points Core Viewpoint - Ningbo Energy Group Co., Ltd. has provided a guarantee of RMB 60.75 million to its subsidiary, Shangrao Yongneng Biomass Energy Technology Co., Ltd., with no counter-guarantee involved. The guarantee is aimed at supporting the subsidiary's operational needs and aligns with the company's overall interests and development strategy [1][5]. Group 1: Guarantee Overview - The guarantee amount provided to Shangrao Yongneng is RMB 60.75 million, with an outstanding guarantee balance of RMB 0 as of May 2025 [1]. - The guarantee was approved by the company's board and the annual shareholders' meeting, indicating compliance with internal governance procedures [1][2]. Group 2: Financial Status of the Guaranteed Entity - As of April 30, 2025, Shangrao Yongneng reported total assets of RMB 23.54 million and net assets of RMB 23.49 million, with a debt ratio of 0.24% [3]. - The company has a registered capital of RMB 7.6 million and has been operational since January 18, 2021 [3]. Group 3: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the subsidiary's production and operational continuity, ensuring that it does not adversely affect the company's daily operations or the interests of shareholders, particularly minority shareholders [5]. - The board of directors has confirmed that the subsidiary has good creditworthiness and repayment capability, thus minimizing risk exposure for the company [5]. Group 4: Cumulative Guarantee Information - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 3.51 billion, with RMB 2.94 billion specifically for subsidiaries [6]. - The guarantees provided to controlling shareholders and related parties total RMB 500 million, representing 80.83% of the company's latest audited net assets [6].
宁波能源: 宁波能源关于2025年5月对外提供担保的进展公告