CYG(SH:600525) Zheng Quan Zhi Xing·2025-08-06 14:12Group 1 - The company plans to apply for a factoring limit of no more than 500 million yuan (including 500 million yuan) from the related party Zhuhai Hengqin Jintou Commercial Factoring Co., Ltd., with a term of 1 year and an interest rate determined by market conditions [1][3] - The company will provide joint liability guarantee for the factoring business conducted by its subsidiaries, which include Changyuan Shenrui Protection Automation Co., Ltd., Zhuhai Yuntaili Automation Equipment Co., Ltd., and others [1][3] - This transaction constitutes a related party transaction and does not constitute a major asset reorganization [1][4] Group 2 - The total amount of guarantees provided by the company and its subsidiaries is approximately 655,600 million yuan, accounting for 160.45% of the company's most recent audited net assets [17] - The company has no overdue guarantees, and the total amount of guarantees provided does not exceed the recent audited net assets [1][17] - The board of directors has approved the proposal for the factoring financing business and related transactions, which will be submitted to the shareholders' meeting for approval [17][18] Group 3 - The independent directors believe that the application for factoring financing will help diversify the company's financing sources and improve overall liquidity and risk resistance [4][16] - The company has conducted related transactions with the same related party exceeding 30 million yuan in the past 12 months, which accounts for more than 5% of the company's most recent audited net assets [4][6] - The company maintains good control over the credit status of the guarantee objects, ensuring that the risks associated with the guarantees are manageable [16]