Core Points - Meili Technology announced a guarantee for its wholly-owned subsidiary Meili Germany GmbH, not exceeding RMB 85 million [1] - The guarantee will support the operational development of Meili Germany and can include various forms such as credit guarantees, mortgage guarantees, and pledges [1] - The guarantee is valid for 12 months from the board's approval date and can be reused within this limit [1] Company Overview - Meili Germany was established on May 24, 2024, with a registered capital of €200,000, focusing on the research, production, and sales of suspension springs, brake chamber springs, and recovery springs [2] - As of June 30, 2025, Meili Germany's total assets were RMB 112.42 million, with total liabilities of RMB 36.25 million [2] - The company reported no revenue for the year 2024, but generated RMB 73.07 million in revenue for the first half of 2025 [2] Financial Status - Meili Germany's net profit for 2024 was a loss of RMB 0.8 million, while the loss for the first half of 2025 was RMB 111.32 million [2] - The board and supervisory board believe the guarantee is beneficial for the company's development and that the financial risks are manageable [2]
美力科技:拟为全资子公司提供不超8500万元担保