江苏九鼎新材料股份有限公司关于担保的进展公告

Summary of Key Points Core Viewpoint The company has announced the progress of its guarantee matters, including the signing of credit agreements and guarantee contracts with banks for its subsidiaries, as well as the details of an administrative penalty received from the regulatory authority for information disclosure violations. Group 1: Guarantee Matters - The company approved a total guarantee limit of up to 50 million yuan for its wholly-owned subsidiary, 10 million yuan for another subsidiary, and 10 million yuan for a third subsidiary during board meetings and the annual shareholders' meeting [1][2]. - The wholly-owned subsidiary, Jiu Ding Materials, signed a credit agreement with China Everbright Bank Nantong Branch for a maximum credit limit of 10 million yuan, with a loan amount of 10 million yuan for one year [2]. - The subsidiary, Jiu Ding Construction Materials, also signed a similar credit agreement with a maximum credit limit of 10 million yuan and a loan amount of 10 million yuan for one year [3]. - The subsidiary, Jiu Ding Special Fiber, signed a financing contract with Huaxia Bank Nantong Branch for a maximum financing limit of 50 million yuan and a loan amount of 32.6 million yuan for five years [4][5]. Group 2: Guarantee Balances and Status - After the recent guarantees, the total external guarantee balance for the company and its subsidiaries is 30.59 million yuan, accounting for 27.87% of the latest audited net assets [6]. - The guarantees are currently being performed normally, with no overdue guarantees reported [6]. Group 3: Administrative Penalty - The company received an administrative penalty decision from the China Securities Regulatory Commission for failing to disclose significant events in a timely manner, resulting in a warning and a fine of 1.2 million yuan [10][11]. - The company acknowledged the violations related to the freezing and auctioning of shares held by its major shareholder and committed to improving compliance and disclosure practices [18].