重庆建工: 重庆建工关于全资所属公司之间增加抵押担保的公告

Summary of Key Points Core Viewpoint - The company is providing additional collateral guarantees for its wholly-owned subsidiary, Chongqing Construction Eleventh Engineering Co., Ltd., to support its operational needs and ensure business continuity. Group 1: Guarantee Overview - The company is providing a joint liability guarantee of up to 50 million yuan for the loan application of Chongqing Construction Eleventh Engineering Co., Ltd. from Chongqing Bank [2] - The additional collateral is a residential property valued at 10.3135 million yuan, owned by Chongqing Construction Ninth Engineering Co., Ltd. [2][3] - As of March 31, 2025, the total guarantee amount provided to the Eleventh Engineering Company is 121.9 million yuan, excluding this new guarantee [1][2] Group 2: Financial Data of the Guaranteed Entity - As of December 31, 2024, the total assets of Chongqing Construction Eleventh Engineering Co., Ltd. were 1,909.4944 million yuan, with total liabilities of 1,665.1127 million yuan, resulting in a debt-to-asset ratio of approximately 87.2% [3] - As of March 31, 2025, the total assets were 1,845.7424 million yuan, with total liabilities of 1,599.095 million yuan, maintaining a debt-to-asset ratio of approximately 86.6% [3] Group 3: Internal Decision-Making Process - The board of directors approved the proposal for providing collateral guarantees, and the supervisory board also approved it unanimously [2][4] - Due to the debt-to-asset ratio exceeding 70%, the guarantee must be submitted for shareholder approval [2][4] Group 4: Necessity and Reasonableness of the Guarantee - The additional collateral is deemed necessary to meet the operational needs of the Eleventh Engineering Company and aligns with the company's overall development strategy [4] - The company maintains actual control over both the Ninth and Eleventh Engineering Companies, allowing it to manage credit risks effectively [4] Group 5: Cumulative Guarantee Information - As of March 31, 2025, the total amount of guarantees provided by the company and its subsidiaries is 5.549 billion yuan, within the annual guarantee limit [4] - The company has no overdue external guarantees [4]