CSICL(SH:601989) Zheng Quan Zhi Xing·2025-06-13 10:30Core Viewpoint - The company has provided a guarantee of 30 million yuan for its wholly-owned subsidiary, Dalian Shipbuilding Industry Co., Ltd., to support its operations through non-financing activities such as bank acceptance bills and guarantees [1][2]. Summary by Sections New Guarantee Overview - In May 2025, the company provided a guarantee of 30 million yuan for Dalian Shipbuilding Industry Co., Ltd. to issue bank acceptance bills and guarantees, with a counter-guarantee from the subsidiary [2]. - The total amount of guarantees provided by the company to its subsidiaries as of May 31, 2025, is 1.561 billion yuan, accounting for 1.86% of the company's most recent audited net assets [1][7]. New Guarantee Progress - The new guarantee is within the limit approved by the company's board and shareholders, which allows for a cumulative guarantee limit of 1.92 billion yuan for subsidiaries [2][7]. Guarantee Agreement Details - The guarantee provided is a joint liability guarantee, with the duration determined through negotiation with creditors based on actual operational needs [6]. Reasonableness and Necessity of the Guarantee - The new guarantee is aimed at meeting the daily operational needs of the subsidiary, facilitating normal business operations without harming the interests of the company and its shareholders [6]. Board of Directors' Opinion - The board has confirmed that all guarantees provided are within the approved limits and do not pose risks to the company's operations [7]. Cumulative External Guarantee Amount - As of May 31, 2025, the total external guarantees provided by the company amount to 1.561 billion yuan, with no overdue guarantees reported [7].