Lion(SH:605358) Zheng Quan Zhi Xing·2025-06-24 16:50Core Viewpoint - The company has provided guarantees for its subsidiaries to meet their funding needs, totaling RMB 46,600 million for Zhejiang Jinruihong and RMB 8,000 million for other subsidiaries, with no counter-guarantees involved [1][4][10] Group 1: Guarantee Details - The company signed guarantee contracts with several banks, including Industrial Bank, Everbright Bank, and others, to support loans totaling RMB 46,600 million [1][9] - The guarantees are within the approved limit set by the company's board and shareholders, ensuring compliance with internal decision-making processes [2][10] - The total guarantee balance for the company’s subsidiaries amounts to RMB 326,497.24 million, which is 44.50% of the company's latest audited net assets [10] Group 2: Subsidiary Information - Zhejiang Jinruihong has total audited assets of RMB 382,363.73 million, with a net profit of RMB 9,156.54 million for the year 2024 [3] - Hangzhou Lianang Dongxin has total audited assets of RMB 234,211.24 million, but reported a net loss of RMB 2,628.90 million for the same period [5] - Hangzhou Lianang Semiconductor has total audited assets of RMB 56,311.81 million, with a net profit of -4.06 million [6] Group 3: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary for the subsidiaries' daily operations and business development, aligning with the company's overall interests and development plans [9][10] - The company maintains control over the subsidiaries, ensuring effective management and a manageable risk profile [9][10]