Lion(SH:605358) Shang Hai Zheng Quan Bao·2025-07-30 17:57Group 1 - The company has provided a guarantee of RMB 44 million for its wholly-owned subsidiary, Jinrui Hongyang Technology (Quzhou) Co., Ltd. [2][3] - As of the announcement date, the actual guarantee balance provided is RMB 0 million, indicating no current financial exposure [2][3] - The guarantee is aimed at supporting the subsidiary's project financing needs and has been approved by the company's board and shareholders [4][9] Group 2 - Jinrui Hongyang has a registered capital of RMB 20 million and is fully owned by the company [5] - As of December 31, 2024, Jinrui Hongyang reported total assets of RMB 19.89 million, with a net asset total of RMB 6.99 million and a net profit of -RMB 0.99 million for the year [5] - The company has no overdue guarantees and the total guarantee balance amounts to RMB 323.45 million, which is 44.08% of the company's latest audited net assets [10] Group 3 - The guarantee includes a joint liability guarantee and a mortgage agreement with the bank, with the mortgage covering property and land use rights valued at RMB 44 million [7][8] - The guarantee period extends from the effective date of the guarantee until the debt is settled, with a specified term from July 2, 2025, to July 1, 2032 [7] - The board believes that the guarantee is a normal financing activity that will not adversely affect the company's operations or the interests of minority shareholders [9]