CCEGC(SH:600939) Zheng Quan Zhi Xing·2025-06-04 12:03Core Viewpoint - Chongqing Construction Group Co., Ltd. will accept a full financing guarantee from its controlling shareholder, Chongqing Construction Investment Holding Co., Ltd., for an amount not exceeding 6 billion yuan in 2025, with a guarantee fee estimated at no more than 50.04 million yuan [1][2][5]. Summary by Sections Transaction Overview - The controlling shareholder, Chongqing Construction Investment Holding Co., Ltd., will provide a full financing guarantee for up to 6 billion yuan in 2025, charging a guarantee fee at a rate not exceeding 1.5% per annum for the portion exceeding its shareholding ratio [1][2]. - The estimated annual guarantee fee is capped at 50.04 million yuan, calculated based on the amount and duration of the guarantee contract signed with financial institutions, payable quarterly [2][4]. Related Party Information - Chongqing Construction Investment Holding Co., Ltd. holds 44.40% of the shares in Chongqing Construction Group, qualifying it as a related party [3][4]. - The financial status of the controlling shareholder includes total assets of 8.842 billion yuan and a net profit of -0.593 billion yuan for the year 2024 [4]. Reasonableness and Necessity of the Transaction - The transaction is deemed necessary for supporting the company's operations and is expected to enhance operational efficiency and business development [5]. - The guarantee fee is set at a fair market rate, ensuring no harm to the interests of the company or its shareholders, particularly minority shareholders [5][7]. Approval Process - The board of directors approved the transaction unanimously, with independent directors affirming the support from the controlling shareholder as beneficial for financing arrangements and business operations [6][7].