长高电新: 关于对子公司提供担保的进展公告

Core Viewpoint - The company plans to provide a total guarantee amount of up to RMB 345 million for its wholly-owned and controlling subsidiaries to support their business development needs [1] Group 1: Guarantee Details - The company has approved a guarantee amount of up to RMB 34,500 million for its subsidiaries, with specific limits based on their debt-to-asset ratios [1] - Guarantees for subsidiaries with a debt-to-asset ratio of 70% or above will not exceed RMB 10 million, while those below 70% can receive a total of up to RMB 33,500 million [1] - The company has signed a "Maximum Guarantee Contract" with CITIC Bank for its wholly-owned subsidiary, Hunan Changgao Senyuan Electric Power Equipment Co., Ltd., with a maximum guarantee amount of RMB 20 million [3] Group 2: Financial Overview - As of the latest audited report, the total assets of the company amount to RMB 245.04 million, with total liabilities of RMB 106.86 million, resulting in a debt-to-asset ratio of 43.61% [3] - The net profit reported is RMB 30.92 million, indicating a healthy financial position [3] Group 3: Contractual Information - The guarantee contract specifies that the guarantee period lasts for three years from the maturity of the main contract obligations [3] - The guarantee includes not only the principal amount but also interest, penalties, and all related costs incurred to realize the debt and guarantee rights [3] Group 4: Current Guarantee Status - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 106.66 million, with no overdue guarantees or litigation issues reported [4]