Group 1 - The company Qingdao Senqilin Tire Co., Ltd. has approved a guarantee for its subsidiary with a total amount of 250 million RMB for the year 2025, which includes various financing activities [2][5] - The guarantee will cover comprehensive credit applications, loans, and other daily operational financing for the subsidiary [2][5] - The guarantee authorization is valid for 12 months from the date of approval by the shareholders' meeting [2] Group 2 - The subsidiary being guaranteed is Senqilin Tire (Thailand) Co., Ltd., which has total assets of approximately 5.74 billion RMB and total liabilities of about 1.77 billion RMB [4] - The maximum guarantee amount for the debt is capped at 1.08 billion Thai Baht, with the guarantee period ending on May 11, 2033 [4] - The company maintains a good debt repayment ability, and the risk associated with the guarantee is considered low [5][6] Group 3 - As of the announcement date, the company's total external guarantee balance is approximately 250.67 million RMB, which accounts for 1.86% of the audited net assets for 2024 [6] - There are no overdue guarantees or guarantees involving litigation, and no losses have been incurred due to guarantees [6]
森麒麟: 关于为全资子公司提供担保的进展公告