Summary of Key Points Core Viewpoint - Jiangsu Baichuan High-tech New Materials Co., Ltd. has approved a new guarantee limit for its subsidiaries to support their daily operations and business development, with a total guarantee amount not exceeding 650 million yuan for a period of 12 months [1]. Group 1: Guarantee Overview - The company held board meetings on September 25, 2024, and a temporary shareholders' meeting on October 14, 2024, to approve the proposal for additional guarantee limits for subsidiaries [1]. - The total guarantee amount after the new approvals will not exceed 650 million yuan, aimed at meeting the financing needs of subsidiaries [1]. Group 2: Guarantee Progress - The company and its subsidiaries have signed guarantee contracts with financial institutions to fulfill the operational and liquidity needs of the subsidiaries [1]. Group 3: Basic Information of Guaranteed Parties - Detailed financial information about the guaranteed parties is provided in the attached tables, which include their registered capital and operational scope [1]. Group 4: Main Content of Guarantee Agreements - The main contents of the guarantee agreements are outlined in the attached guarantee situation table [1]. Group 5: Cumulative External Guarantee and Overdue Guarantees - As of the announcement date, the company has not engaged in any external guarantees outside of inter-company guarantees, with no overdue guarantees reported [1]. - The total guarantee balance among the company's subsidiaries is 542.97 million yuan, which is 274.08% of the company's latest audited net assets of 198.11 million yuan [1].
百川股份: 关于公司合并报表范围内提供担保的进展公告