创新新材料科技股份有限公司 关于公司及子公司2025年度向银行等金融机构申请综合授信提供担保事项的进展公告

Core Viewpoint - The company and its subsidiaries have provided guarantees for bank loans totaling 600 million RMB to support daily operations and business development [2]. Group 1: Guarantee Details - The company and its subsidiary Yuanwang Electric provided a guarantee of 120 million RMB for the current loan application by Innovation Metal to Industrial Bank Co., Ltd. [2] - Innovation Metal provided a guarantee of 180 million RMB for Chuanghui New Materials' loan application to Industrial Bank Co., Ltd. [2] - Innovation Metal also provided a guarantee of 180 million RMB for Yuanwang Electric's loan application to Industrial Bank Co., Ltd. [2] - Additionally, Innovation Metal provided a guarantee of 120 million RMB for Innovation Beihai's loan application to Industrial Bank Co., Ltd. [2] Group 2: Current Guarantee Balances - As of the announcement date, the total external guarantee balance of the company and its subsidiaries is 12.236 billion RMB, with the company guaranteeing 5.008 billion RMB for its subsidiaries and subsidiaries guaranteeing 2.439 billion RMB for the company [2][8]. - The total external guarantee balance accounts for 113.44% of the company's most recent audited net assets [8]. Group 3: Internal Decision-Making Process - The company held its 17th meeting of the 8th Board of Directors on December 13, 2024, and the third extraordinary general meeting of shareholders on December 30, 2024, to approve the proposal for the company and its subsidiaries to apply for a total credit limit of up to 17.048 billion RMB for 2025 [2]. - The approved guarantee amount for 2025 is expected to be within the total credit limit and will not require further board or shareholder approval [3]. Group 4: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary for the subsidiaries to apply for bank loans, enhancing financing decision-making efficiency and ensuring smooth business operations [7]. - The overall guarantee risk is considered controllable, with no harm to the interests of the company or its shareholders [7].