AAA PUBLIC(SH:600979) Shang Hai Zheng Quan Bao·2025-08-04 19:21Core Viewpoint - The company Sichuan Guang'an Aizhong Co., Ltd. has announced that its subsidiary Aizhong Comprehensive Energy is providing a guarantee for Chongqing Guanglan's loan application, amounting to 7 million RMB, which does not constitute a related party guarantee [2][3][4]. Group 1: Guarantee Details - The guarantee amount provided by Aizhong Comprehensive Energy for Chongqing Guanglan's fixed asset loan is 7 million RMB, with the actual guarantee balance also being 7 million RMB as of the announcement date [3][4]. - The board of directors approved the guarantee for a loan not exceeding 8 million RMB, with specific collateral involving the rights to charge fees from a distributed photovoltaic power station [4]. - There are no counter-guarantees associated with this guarantee, and there are no overdue guarantees reported [4]. Group 2: Borrower Information - Chongqing Guanglan New Energy Co., Ltd. was established in June 2023, with a registered capital of 52 million RMB and is wholly owned by Aizhong Comprehensive Energy [5]. - As of December 31, 2024, Chongqing Guanglan reported total assets of 168.25 million RMB, net assets of 55.37 million RMB, and a debt-to-asset ratio of 67.09% [6]. - For the first half of 2025, Chongqing Guanglan achieved revenue of 6.41 million RMB and a net profit of 2.43 million RMB [6]. Group 3: Guarantee Contract Overview - The guarantee contract specifies that Aizhong Comprehensive Energy will bear joint liability for the principal debt, interest, penalties, and other related costs [7]. - The guarantee period lasts for three years from the contract's effective date [7]. - In case of default, the bank can directly claim from Aizhong Comprehensive Energy, which has authorized the bank to deduct owed amounts from its accounts [7]. Group 4: Overall Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 955 million RMB, representing 20.92% of the latest audited net assets [8]. - The guarantees provided to subsidiaries account for 933 million RMB, which is 20.44% of the latest audited net assets [8]. - There are no overdue guarantees reported by the company [8].