江苏联合水务科技股份有限公司关于2025年6月提供担保的进展公告

Core Viewpoint - The company has provided a guarantee for a loan taken by its subsidiary, Shanghai Boruisi Environmental Technology Co., Ltd., amounting to RMB 2 million, with a maximum liability of RMB 2.2 million, to support its operational needs [2][6]. Group 1: Guarantee Details - On June 23, 2025, Shanghai Boruisi signed a loan agreement with Bank of Communications, and the company provided a joint liability guarantee for this loan [2]. - The guarantee does not have any counter-guarantee [2]. - The guarantee is within the authorized limit set by the company's 2024 annual shareholders' meeting, thus no further board or shareholder approval is required [4]. Group 2: Internal Decision-Making Process - The company held its 14th board meeting on April 23, 2025, and the 2024 annual shareholders' meeting on May 20, 2025, to approve the external guarantee limit for 2025, which is estimated at RMB 2.78 billion [3]. - The approved guarantee limits include RMB 329 million for subsidiaries with a debt-to-asset ratio above 70% and RMB 1.551 billion for those below 70% [3]. Group 3: Financial Overview - As of June 30, 2025, the total external guarantees provided by the company and its subsidiaries amounted to RMB 3.80491 billion, including the current guarantee [7]. - The guarantees provided to subsidiaries total RMB 2.44278 billion, which is 137.52% of the company's latest audited net assets [7]. - The company has not provided guarantees for its controlling shareholders or related parties, and there are no overdue guarantees or guarantees involved in litigation [7].