Bondex(SH:603836) Zheng Quan Zhi Xing·2025-07-10 16:22Summary of Key Points Core Viewpoint - The company, Haicheng Bangda Supply Chain Management Co., Ltd., has provided a guarantee of RMB 30 million for its wholly-owned subsidiary, Ningbo Shunyu Logistics Co., Ltd., to support its credit business with Bank of China Ningbo Branch, with no related party guarantees involved [1][5]. Group 1: Guarantee Overview - The guarantee amount provided by the company for Ningbo Shunyu is RMB 30 million, with an actual guarantee balance of RMB 0 as of the announcement date [1]. - The company has no overdue guarantees and has not provided any counter-guarantees [1][5]. - The company has approved a total guarantee limit of RMB 2.2816 billion for the year 2025, which includes a specific limit of RMB 280 million for Ningbo Shunyu [2][5]. Group 2: Internal Decision-Making Process - The guarantee was approved during the third board meeting and the annual shareholders' meeting held on April 17, 2025, and May 8, 2025, respectively [2]. - The guarantee is within the approved limit and does not require additional approval [2]. Group 3: Financial Data of the Guaranteed Party - Ningbo Shunyu has a registered capital of RMB 30 million and reported total assets of RMB 225.191 million and total liabilities of RMB 121.896 million as of December 31, 2024 [3][4]. - For the first quarter of 2025, Ningbo Shunyu achieved revenue of RMB 300.964 million and a net profit of RMB 20.050 million [4]. Group 4: Guarantee Agreement Details - The guarantee is a joint liability guarantee with a maximum guarantee amount of RMB 30 million, covering principal, interest, penalties, and other related costs [4][5]. - The guarantee period for each debt is three years from the due date of the respective debt [5]. Group 5: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for Ningbo Shunyu to enhance its credit flexibility and operational efficiency, aligning with the company's strategic goals [5]. - The company maintains effective control over the operational risks associated with the guaranteed party [5]. Group 6: Cumulative Guarantee Information - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 1.5541 billion, with no overdue guarantees reported [5].