CENTEK(SZ:000931) Zheng Quan Zhi Xing·2025-06-18 09:13Summary of Key Points Core Viewpoint - The company has decided to cancel a previously approved guarantee of up to 50 million RMB for its subsidiary, which will help in better managing financing guarantees without negatively impacting its operations or long-term interests [1][2]. Group 1: Guarantee Situation Overview - The company approved a financing credit of up to 50 million RMB for its subsidiary, with a joint liability guarantee provided by another subsidiary [1]. - The guarantee was related to a loan application made by Beijing Huasu Pharmaceutical Co., Ltd. to Beijing Bank [1]. Group 2: Cancellation of Guarantee - The cancellation of the 50 million RMB guarantee is aimed at effectively managing the external guarantee limits and aligning with the funding needs of the company and its subsidiaries [2]. - The cancellation will not adversely affect the company's normal operations or business development [2]. Group 3: Total Guarantee Amount and Status - After the cancellation, the total guarantee amount for the company and its subsidiaries stands at 896 million RMB, which is 56.41% of the latest audited net assets and 24.14% of total assets [3]. - The total balance of external guarantees is 552.38 million RMB, accounting for 34.78% of the latest audited net assets, with no overdue guarantees or litigation issues reported [3].