AUCMA(SH:600336) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-05 00:01Summary of Key Points Core Viewpoint - The company has provided a guarantee for its subsidiary, Qingdao Aokema Smart Cold Chain Co., Ltd., to support its financing needs, which aligns with the company's overall business strategy and risk management practices [1][6]. Group 1: Guarantee Details - The company signed a maximum guarantee contract with Bank of China Qingdao Hong Kong Road Branch, providing a joint liability guarantee for a maximum principal amount of 100 million RMB for the period from August 4, 2025, to January 20, 2026 [1]. - The total amount of guarantees provided by the company for its subsidiaries is capped at 3.07 billion RMB, with a specific maximum guarantee of 700 million RMB for the Smart Cold Chain Company [2][6]. - The guarantee is structured as a joint liability guarantee, meaning the company is responsible for the entire debt if the subsidiary defaults [6]. Group 2: Internal Decision-Making Process - The board of directors approved the financing and guarantee business for the fiscal year 2025 on April 29, 2025, and this was ratified by the annual general meeting on May 23, 2025 [2][7]. - The guarantee agreement falls within the scope of the previously approved financing and does not require additional approval [2][7]. Group 3: Financial Overview - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is 1.28 billion RMB, which represents 52.44% of the company's most recent audited net assets [8]. - There are no overdue guarantees reported, and the company has not provided guarantees for its controlling shareholders or related parties [8].