青岛汉缆股份有限公司 第六届董事会第二十次会议决议公告

Core Viewpoint - The company has approved guarantees for its subsidiaries to support their financing needs, totaling up to RMB 70,150 million, which is expected to facilitate their operational development [11]. Group 1: Board Meeting Summary - The sixth board meeting of the company was held on August 1, 2025, with all nine directors present, and the meeting complied with relevant regulations [1][2]. - The board unanimously approved three proposals to provide guarantees for its subsidiaries: RMB 56,000 million for Jiaozuo Hanhe Cable Co., Ltd., RMB 12,151 million for Xiuwu Cable Co., Ltd., and RMB 2,000 million for Qingdao Duko New Materials Co., Ltd. [2][5][8]. Group 2: Guarantee Details - The total guarantee amount approved is RMB 70,150 million, which includes specific amounts for each subsidiary [11]. - The guarantees are intended to support the subsidiaries' daily operations and financing needs, with the board authorizing the chairman to sign specific agreements within the approved limits [11][17]. - The guarantees do not require shareholder approval as they fall within the board's decision-making authority [12]. Group 3: Financial Status of Subsidiaries - Jiaozuo Hanhe Cable Co., Ltd. has total assets of RMB 193,646 million and net assets of RMB 78,044 million as of May 31, 2025, with a net profit of RMB 356 million for the first five months of 2025 [13]. - Xiuwu Cable Co., Ltd. has total assets of RMB 31,025 million and net assets of RMB 21,042 million as of May 31, 2025, with a net profit of RMB 1,168 million for the first five months of 2025 [15]. - Qingdao Duko New Materials Co., Ltd. has total assets of RMB 3,751 million and net assets of RMB 1,360 million as of May 31, 2025, but reported a net loss of RMB 587 million for the first five months of 2025 [16]. Group 4: Overall Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 73,150 million, with a remaining guarantee balance of RMB 29,081.17 million [20]. - After the new guarantees, the cumulative external guarantee total will reach RMB 143,300 million, representing 17.64% of the company's audited net assets for 2024 [20].