SCGS(SH:600678) Zheng Quan Zhi Xing·2025-08-05 16:20Core Viewpoint - Sichuan Jinding (Group) Co., Ltd. is planning to provide proportional guarantees for its associate company, Sichuan Kaiwu Information Technology Co., Ltd., to support its loan renewal applications with financial institutions [1][3]. Group 1: Meeting Details - The 13th meeting of the 10th Supervisory Board was held on July 5, 2025, with all three supervisors present, including one via telecommunication [1]. - The meeting was chaired by the Supervisory Board Chairman, and the company’s secretary and securities representative attended [1]. Group 2: Guarantee Proposal - The company has provided a total guarantee of RMB 17 million for Kaiwu Information's loans from various banks, with specific details on loan amounts, interest rates, and maturity dates outlined [1]. - Following a share transfer, the company holds a 33.3% stake in Kaiwu Information and will no longer consolidate it into its financial statements [1]. Group 3: Loan Renewal and Guarantee - Kaiwu Information intends to apply for loan renewals totaling RMB 8 million, with the company planning to provide a proportional guarantee not exceeding RMB 2.664 million [2][3]. - The company’s management is authorized to handle related matters and sign necessary legal documents for the guarantee [3]. Group 4: Supervisory Board Review - The Supervisory Board conducted a thorough review of the guarantee proposal, confirming that it is fair and does not harm the interests of the company or its shareholders, particularly minority shareholders [4].