Runjian (SZ:002929) Shang Hai Zheng Quan Bao·2025-06-27 20:11Overview - The core point of the announcement is that Runjian Co., Ltd. has approved a guarantee for its subsidiaries to secure financing from banks, with a total guarantee limit of up to RMB 50 million for the year 2024 [1] Group 1: Guarantee Situation - Runjian Co., Ltd. has approved a guarantee for its subsidiaries to meet their operational and development funding needs, with a total guarantee limit of RMB 50 million, effective for 12 months from the date of approval [1] - The guarantee is intended to enhance the sustainable development capabilities of the subsidiaries [1] Group 2: Progress of Guarantees - The subsidiaries Guangzhou Luoli Energy Technology Co., Ltd. and Guangzhou Saihaoda Intelligent Technology Co., Ltd. have signed comprehensive credit contracts with Beijing Bank, each receiving a credit limit of RMB 10 million [2] - The credit period for these contracts is from June 25, 2025, to June 24, 2026 [2] - The company and another shareholder have provided proportional guarantees for these credit limits, with a guarantee period of three years from the maturity of the main contract [2][3] Group 3: Guarantee Contract Details - The guarantee contracts cover the principal amount of RMB 10 million, including interest, penalties, and other related costs, with the maximum debt amount based on actual occurrences [3][4] - The guarantee period for the contracts is three years from the maturity of the secured debts [4] Group 4: Total Guarantee Amount and Status - As of the announcement date, the total guarantee amount provided by the company and its subsidiaries is RMB 140.726 million, representing 22.82% of the company's latest audited net assets [5] - There are no overdue guarantees or guarantees involving litigation [5]