Zheng Quan Zhi Xing·2025-07-25 16:14Summary of Key Points Core Viewpoint - Jinpu Titanium Industry Co., Ltd. has approved a guarantee limit of up to RMB 1.259 billion for its subsidiaries to support their financing needs, including bank credit applications and other operational activities [1]. Group 1: Guarantee Overview - The company and its subsidiaries will provide guarantees for their subsidiaries, including wholly-owned, controlled, and joint ventures, with a total limit of RMB 1.259 billion [1]. - The guarantee methods include credit guarantees, asset pledges, and counter-guarantees [1]. Group 2: Guarantee Progress - Subsidiary Xuzhou Titanium White Chemical Co., Ltd. has applied for a credit line of RMB 14.5 million from Nanjing Bank, with Jinpu Titanium providing a joint liability guarantee [2]. - This guarantee falls within the approved limit [2]. Group 3: Financial Status of the Guaranteed Entity - As of March 31, 2025, Xuzhou Titanium's total assets were approximately RMB 1.172 billion, with total liabilities of about RMB 515.46 million [2]. - The company reported a net profit loss of approximately RMB 5.08 million for the period [2]. Group 4: Guarantee Contract Details - The guarantee covers the principal debt of RMB 14.5 million and includes interest, penalties, and other related costs [3]. - The guarantee period is three years from the debt maturity date [4]. Group 5: Board Opinions and Other Information - The board of directors has provided opinions on the guarantee matters, which are detailed in previous announcements [4]. - As of the announcement date, the total guarantee amount provided by the company and its subsidiaries accounts for 36.93% of the company's latest audited net assets [4][5].