浙江鼎龙科技股份有限公司关于为子公司提供担保的公告

Summary of Key Points Core Viewpoint - Zhejiang Dinglong Technology Co., Ltd. has announced a guarantee for its wholly-owned subsidiary, Inner Mongolia Dingli Technology Co., Ltd., with a maximum principal amount not exceeding 44 million RMB [2][4]. Group 1: Guarantee Details - The company has provided a guarantee of 44 million RMB to Dingli Technology, which is the total amount already provided as of the announcement date [2][4]. - The financing agreement with Zheshang Bank Hangzhou Branch allows for a total asset pool financing limit of up to 90 million RMB, with Dingli Technology's financing limit set at 44 million RMB for operational needs [4][11]. - The guarantee is part of a broader approval from the company's board and shareholders for a maximum guarantee of 100 million RMB for the fiscal year 2025 [5][12]. Group 2: Financial and Operational Context - Dingli Technology has an asset-liability ratio exceeding 70%, indicating a high level of financial leverage [3][7]. - The company was established on December 16, 2019, with a registered capital of 50 million RMB, and specializes in the production and sales of fine chemicals [6][7]. - The guarantee is deemed necessary and reasonable to meet the operational funding needs of Dingli Technology, with the company maintaining effective control and oversight over its subsidiary [11]. Group 3: Internal Decision-Making Process - The internal decision-making process for the guarantee involved multiple meetings of the board and supervisory committee, culminating in a shareholder meeting that approved the guarantee proposal [5][12]. - The company has no overdue guarantees or litigation-related guarantees as of the announcement date [12].