Tianjin TEDA Co., Ltd.(SZ:000652) Zheng Quan Zhi Xing·2025-07-07 12:13Summary of Key Points Core Viewpoint - Tianjin TEDA Co., Ltd. has provided a guarantee of 5 million yuan for its wholly-owned subsidiary Huangshan TEDA Environmental Protection Co., Ltd. to secure financing from Yixian Rural Commercial Bank for operational needs [1]. Group 1: Guarantee Overview - The guarantee is part of a total approved guarantee limit of 420 million yuan for the year 2025, with the current balance of guarantees provided to Huangshan TEDA Environmental Protection being 356.71 million yuan, leaving a usable mutual guarantee limit of 58.29 million yuan [1][6]. - The total amount of guarantees provided by the company and its subsidiaries is 11.44 billion yuan, which represents 199.44% of the company's latest audited net assets [1][6]. Group 2: Financial Data - As of March 31, 2025, the total assets of TEDA Environmental Protection amounted to 713.22 million yuan, with total liabilities of 497.40 million yuan and net assets of 215.82 million yuan [4]. - The company reported an operating income of 23.79 million yuan and a net profit of 4.48 million yuan for the first quarter of 2025 [4]. Group 3: Board of Directors' Opinion - The Board of Directors believes that the guarantee is necessary for the subsidiary's operational financing and considers the associated risks to be manageable, asserting that it does not harm the company's interests [6].