WEIGUANG(SZ:002801) Zheng Quan Zhi Xing·2025-07-04 16:12Summary of Key Points Core Viewpoint - The company plans to provide a credit guarantee of up to RMB 60 million for its subsidiary, Micro Light (Thailand) Co., Ltd, to support its daily operations and business development needs [1][2]. Group 1: Guarantee Overview - The board of directors approved the proposal to provide a guarantee for Micro Light (Thailand) on July 4, 2025, which will include various forms of bank credit such as loans, acceptances, and guarantees [1]. - The guarantee amount will not exceed RMB 60 million, and the funds can be used on a rolling basis within this limit [1]. - The proposal will be submitted for shareholder approval, and the authorization for the chairman to sign relevant documents will be valid for 12 months after approval [1]. Group 2: Financial Status of the Subsidiary - As of March 31, 2025, Micro Light (Thailand) had total assets of RMB 206.17 million and total liabilities of RMB 31.63 million, resulting in a net asset value of RMB 174.54 million [1]. - The subsidiary reported a total revenue of RMB 1.26 million for the first quarter of 2025, with a net loss of RMB 1.60 million during the same period [1]. Group 3: Board's Opinion - The board believes that providing the guarantee will help expand financing channels for Micro Light (Thailand) and meet its operational funding needs, aligning with the overall interests of the company [2]. - The financial condition of Micro Light (Thailand) is considered stable, and the company has good debt repayment capabilities [3]. - The guarantee is deemed to be within a controllable risk range, and no additional guarantees or counter-guarantees will be required from other shareholders of Micro Light (Thailand) [3].