CCS(SH:600180) Zheng Quan Zhi Xing·2025-06-26 16:49Core Viewpoint - The company has announced its expected external guarantee limits for 2025, detailing the amounts and entities involved in the guarantees provided [1][17]. Summary by Sections 1. Overview of Guarantee Situation - The company has approved a total expected guarantee limit of 1,511,248.6750 million RMB, which accounts for 191.58% of the latest audited net assets [17]. - The total guarantees provided to wholly-owned subsidiaries amount to 1,132,128.6750 million RMB, representing 143.52% of the latest audited net assets [17]. - There are no overdue guarantees reported [3][17]. 2. Details of Guarantees - The company has provided guarantees to various subsidiaries, including: - Tianjin Ruimaotong Supply Chain Management Co., Ltd.: 53,000 million RMB expected guarantee limit, with 4,550 million RMB already provided [1]. - Jiangsu Jinhui Power Fuel Co., Ltd.: 109,500 million RMB expected guarantee limit, with 40,000 million RMB already provided [1]. - Zhejiang Hehui Power Fuel Co., Ltd.: 192,500 million RMB expected guarantee limit, with 40,000 million RMB already provided [1]. - Henan Ruimaotong Grain and Oil Co., Ltd.: 165,000 million RMB expected guarantee limit, with 50,000 million RMB already provided [1]. - Century Commodities Solution (HK) Limited: 32,000 million RMB expected guarantee limit, with 21,560 million RMB already provided [1]. 3. Internal Decision-Making Process - The board of directors held meetings on December 23, 2024, to review and approve the expected guarantee limits for 2025, which were subsequently submitted for shareholder approval [4][16]. 4. Financial Stability of Guaranteed Entities - The company has assessed that the guaranteed entities are financially stable and do not have significant issues affecting their debt repayment capabilities [16].