Changqing(SH:603768) Shang Hai Zheng Quan Bao·2025-08-05 18:55Core Viewpoint - The company, Hefei Changqing Machinery Co., Ltd., has provided guarantees totaling 55.7 million yuan for two wholly-owned subsidiaries to support their business development needs [1][2]. Group 1: Guarantee Details - The company provided a guarantee of 20 million yuan to Wuhu Changrui Automotive Parts Co., Ltd. with a three-year guarantee period [3]. - A guarantee of 17.5 million yuan was also provided to Wuhu Changrui Automotive Parts Co., Ltd. with a three-year guarantee period [3]. - Additionally, a guarantee of 18.2 million yuan was provided to Hefei Changsheng Automotive Parts Co., Ltd. with a three-year guarantee period [3]. Group 2: Internal Decision Process - The company held board meetings on April 24, 2025, and a shareholders' meeting on May 19, 2025, to approve the guarantee plan for 2025, which is valid until the next annual shareholders' meeting [1][4]. Group 3: Cumulative Guarantee Situation - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is 890.29 million yuan, accounting for 36.61% of the audited net assets for 2024 [5]. - The company has not provided guarantees for controlling shareholders, actual controllers, or their related parties, and there are no overdue guarantees [5].