彤程新材料集团股份有限公司关于年度预计融资担保进展的公告

Core Viewpoint - The announcement details the financing guarantees provided by Tongcheng New Materials Group Co., Ltd. to its subsidiary, Huachi (China) Chemical Co., Ltd., and outlines the financial status and operational needs of both companies [2][10]. Group 1: Guarantee Details - The total guarantee amount provided by Tongcheng New Materials to Huachi Chemical is RMB 272.5 million, with an actual balance of RMB 200 million [2]. - Huachi Chemical has provided a guarantee of RMB 150 million to Tongcheng New Materials, with an actual balance of RMB 824 million [2]. - There are no overdue external guarantees as of the announcement date [3]. Group 2: Financial Overview - As of December 31, 2024, Tongcheng New Materials reported total assets of RMB 5.37 billion, total liabilities of RMB 2.77 billion, and net assets of RMB 2.60 billion, with an annual revenue of RMB 526.35 million and a net profit of RMB 414.48 million [6]. - As of March 31, 2025, Tongcheng New Materials had total assets of RMB 5.46 billion, total liabilities of RMB 2.90 billion, and net assets of RMB 2.56 billion, with a quarterly revenue of RMB 129.59 million and a net profit of RMB 57.33 million [7]. - As of December 31, 2024, Huachi Chemical reported total assets of RMB 1.11 billion, total liabilities of RMB 403.85 million, and net assets of RMB 706.74 million, with an annual revenue of RMB 1.45 billion and a net profit of RMB 114.30 million [8]. - As of March 31, 2025, Huachi Chemical had total assets of RMB 1.15 billion, total liabilities of RMB 406.12 million, and net assets of RMB 739.26 million, with a quarterly revenue of RMB 366.47 million and a net profit of RMB 29.87 million [9]. Group 3: Internal Decision-Making Process - The guarantee arrangements were approved during the board meeting on April 17, 2025, and subsequently at the annual shareholders' meeting on May 8, 2025, with a projected financing guarantee limit of RMB 5 billion for 2025 [5]. - The board determined that the guarantees are necessary for the operational needs of the company and its subsidiaries, ensuring that the financial risks remain controllable and do not harm the interests of the company or its shareholders [10]. Group 4: Overall Guarantee Situation - As of the announcement date, the total external guarantee balance for the company and its subsidiaries is RMB 2.72 billion, which accounts for 81.09% of the latest audited net assets [10].