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上海雅运纺织化工股份有限公司关于为全资子公司提供担保的公告

Core Viewpoint - The company, Shanghai Yayun Textile Chemical Co., Ltd., has provided guarantees for its wholly-owned subsidiaries, Suzhou Kefa Man Chemical Co., Ltd. and Taicang Baoni Industrial Co., Ltd., totaling 80 million RMB for each subsidiary to secure credit from China Construction Bank [1][3]. Group 1: Guarantee Details - The company signed a maximum principal guarantee contract with China Construction Bank for 80 million RMB for Kefa Man and 80 million RMB for Taicang Baoni [1]. - The total guarantee amount for Kefa Man after this announcement will be 80 million RMB, with a remaining available guarantee of 20 million RMB [3]. - The total guarantee amount for Taicang Baoni after this announcement will be 90 million RMB, with a remaining available guarantee of 10 million RMB [3]. Group 2: Internal Decision-Making Process - The board of directors approved the provision of guarantees for subsidiaries with a debt-to-asset ratio below 70%, with a maximum guarantee limit of 500 million RMB for the year 2025 [2]. - The guarantees provided for Kefa Man and Taicang Baoni are within the approved limit of 100 million RMB each [2][8]. Group 3: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary for the operational needs of the subsidiaries, supporting their stable operations and long-term development, aligning with the company's overall strategic goals [7]. - The board has assessed the subsidiaries' ability to repay debts, confirming their good operational status and manageable guarantee risks [7]. Group 4: Cumulative Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 358.3 million RMB, all of which are guarantees to subsidiaries, representing 29.58% of the company's audited net assets attributable to shareholders as of December 31, 2024 [9].