Liaoning Dingjide Petrochemical (SH:603255) Zheng Quan Zhi Xing·2025-07-01 16:21Summary of Key Points Core Viewpoint - The company, Liaoning Dingjide Petrochemical Co., Ltd., has announced a guarantee for its subsidiary, Liaoning Dingjide Petrochemical Technology Co., Ltd., amounting to 145 million RMB, which is part of a larger total guarantee of 3.86 billion RMB for the subsidiary [1][8]. Group 1: Guarantee Details - The company provides a joint guarantee for a loan of 100 million RMB to the subsidiary, with a guarantee period of three years from the loan's maturity [2][6]. - The total external guarantee amount provided by the company and its subsidiaries is 4.31 billion RMB, which represents 272.76% of the audited net assets attributable to shareholders for the year 2024 [8]. - The company has not provided guarantees to its controlling shareholders or related parties, and there have been no overdue guarantees [8]. Group 2: Subsidiary Information - Liaoning Dingjide Petrochemical Technology Co., Ltd. is a controlled subsidiary, with the company holding a 52.67% stake [5][7]. - The subsidiary was established on November 9, 2022, with a registered capital of 150 million RMB [5][6]. - The subsidiary's business includes the manufacturing of new membrane materials and specialized chemical products [5][6]. Group 3: Internal Decision-Making - The guarantee has been approved by the company's board of directors and the annual general meeting, falling within the authorized limits set during the 2024 annual shareholders' meeting [7][8]. - The company plans to adjust the guarantee limits based on the actual operational needs of its subsidiaries, which is also within the approved scope [4][5]. Group 4: Financial Health - The subsidiary has a good credit status and is not listed as a dishonest executor [6][7]. - The financial indicators show that the total assets of the subsidiary are approximately 3.60 billion RMB, with total liabilities of about 2.46 billion RMB [6].