NBSS(SH:600884) Zheng Quan Zhi Xing·2025-08-01 16:23Core Viewpoint - Ningbo Shanshan Co., Ltd. announced the provision of guarantees totaling 64.5 million yuan for its subsidiaries, which are within the previously approved limits and do not involve any overdue guarantees [1][5]. Summary by Sections Guarantee Overview - The company provided a guarantee of 60 million yuan for Shanjin Optoelectronics (Nanjing) Co., Ltd. and 4.5 million yuan for Fujian Shanshan Technology Co., Ltd. The actual guarantee balance for Fujian Shanshan Technology is 21.95 million yuan as of June 30, 2025 [1][2]. - The total external guarantees provided by the company and its subsidiaries as of June 30, 2025, amount to 79.72% of the latest audited net assets [5]. Internal Decision Process - The company’s board of directors approved the guarantee provision at the annual shareholders' meeting on May 16, 2025, authorizing the chairman to sign specific guarantee documents within the approved limits [1][4]. Financial Health of Guaranteed Entities - The company maintains control over the financial and operational aspects of the guaranteed subsidiaries, which are performing well and have the capacity to repay debts [4][5]. Board of Directors' Opinion - The board believes that the guarantees are within a controllable risk range and will facilitate efficient fundraising for the subsidiaries, thereby enhancing their economic benefits [4].