Sinoma-ec/SEC(SH:603126) Zheng Quan Zhi Xing·2025-07-24 16:20Summary of Key Points Core Viewpoint - The announcement details the guarantee provided by the company for its wholly-owned subsidiary, aiming to support its business development through a loan from a bank, which is deemed necessary and reasonable for the company's international expansion strategy [1][5]. Group 1: Guarantee Details - The company guarantees a loan of USD 4.836 million (approximately RMB 34.52179 million) for its subsidiary, covering the principal, interest, penalties, and all related costs [1][5]. - The guarantee is a joint liability guarantee, with the guarantee period aligned with the loan term of one year [4][5]. - The total amount of external guarantees provided by the company and its subsidiaries is RMB 59.02179 million, which represents 28.90% of the company's latest audited net assets [5][6]. Group 2: Internal Decision-Making - The guarantee was approved during the company's fourth board meeting and the annual shareholders' meeting, indicating that it falls within the planned guarantee limits for 2025 [2][5]. - The board's decision received unanimous support, with 8 votes in favor and none against [5]. Group 3: Subsidiary Information - The guaranteed entity, China National Materials Energy (Hong Kong) Clean Energy Co., Ltd., is a wholly-owned subsidiary of the company, established on January 22, 2025, with a registered capital of USD 600,000 [4][5]. - The subsidiary's primary business focus is investment and holding [4].