浙江龙盛: 浙江龙盛关于为全资子公司提供担保的公告

Core Viewpoint - Zhejiang Longsheng Group Co., Ltd. has announced the provision of guarantees for its wholly-owned subsidiaries, indicating a significant financial commitment to support their operations and financing needs [1][2]. Summary by Sections Guarantee Overview - The company is providing guarantees for five wholly-owned subsidiaries with a total maximum guarantee amount of RMB 12.01 billion for Zhejiang Longsheng Dye Chemical Co., Ltd. and RMB 9.2 billion for Zhejiang Hongsheng Chemical Co., Ltd. [2][3] - The guarantees are within the limits approved by the shareholders' meeting [2][3]. Financial Details of Guarantees - The maximum guarantee amounts for each subsidiary are as follows: - Zhejiang Longsheng Dye Chemical Co., Ltd.: RMB 12.01 billion - Zhejiang Hongsheng Chemical Co., Ltd.: RMB 9.2 billion - Zhejiang Anno Aromatic Chemicals Co., Ltd.: RMB 2 billion - Zhejiang Keyong Chemical Co., Ltd.: RMB 0.89 billion - Zhejiang Ensheng Dye Chemical Co., Ltd.: RMB 0.5 billion [2][3]. Financial Status of Subsidiaries - As of June 14, 2025, the actual guarantee balances are: - Zhejiang Longsheng Dye Chemical Co., Ltd.: RMB 29.54 billion - Zhejiang Hongsheng Chemical Co., Ltd.: RMB 20.17 billion - Zhejiang Anno Aromatic Chemicals Co., Ltd.: RMB 7.16 billion - Zhejiang Keyong Chemical Co., Ltd.: RMB 2.83 billion - Zhejiang Ensheng Dye Chemical Co., Ltd.: RMB 0.44 billion [2][3]. Internal Decision-Making Process - The board of directors approved the guarantee amounts during meetings held on April 11, 2025, and May 30, 2025 [5][6]. Financial Data of Subsidiaries - Financial data for Zhejiang Longsheng Dye Chemical Co., Ltd. as of March 2025: - Total assets: RMB 908.43 million - Total liabilities: RMB 650.63 million - Net assets: RMB 257.80 million [6]. - Financial data for Zhejiang Hongsheng Chemical Co., Ltd. as of March 2025: - Total assets: RMB 1,896.81 million - Total liabilities: RMB 738.62 million - Net assets: RMB 1,158.18 million [7]. - Financial data for Zhejiang Anno Aromatic Chemicals Co., Ltd. as of March 2025: - Total assets: RMB 443.13 million - Total liabilities: RMB 238.22 million - Net assets: RMB 204.91 million [8]. - Financial data for Zhejiang Keyong Chemical Co., Ltd. as of March 2025: - Total assets: RMB 316.53 million - Total liabilities: RMB 261.40 million - Net assets: RMB 55.13 million [8]. - Financial data for Zhejiang Ensheng Dye Chemical Co., Ltd. as of March 2025: - Total assets: RMB 97.75 million - Total liabilities: RMB 93.17 million - Net assets: RMB 4.58 million [8]. Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary and reasonable for the normal operations of the subsidiaries, despite some subsidiaries reporting losses in the previous year [19].