MYSE(SH:601615) Shang Hai Zheng Quan Bao·2025-08-01 19:00Group 1 - The company provided a guarantee of up to RMB 40,000 million for its wholly-owned subsidiary, Hainan Mingyang, to secure a fixed asset loan from China Merchants Bank Zhongshan Branch [1][3][5] - The guarantee period extends from the effective date of the guarantee letter until the loan or other debts mature, plus an additional three years [1][3][4] - The board of directors approved the guarantee in accordance with the company's operational needs and strategic development, ensuring no resource transfer or benefit transfer occurs [5][6] Group 2 - As of the announcement date, the total amount of external guarantees provided by the company and its subsidiaries is RMB 558,396.25 million, which accounts for 21.28% of the company's audited net assets for 2024 [6] - The balance of external guarantees, based on operational needs and project construction, is RMB 261,869.60 million, representing 9.98% of the company's audited net assets for 2024 [6][7] - There are no overdue guarantees as of the announcement date [7] Group 3 - The company has initiated cash management using idle raised funds, with a maximum daily balance of RMB 50,000 million authorized for a period of 12 months [9][10] - A structured deposit agreement was signed with China Construction Bank Zhongshan Branch, utilizing RMB 50,000 million of idle funds [10] - The cash management product is a capital-protected product, ensuring high safety and liquidity, and does not alter the intended use of the raised funds [10][11]