ycec(SH:600248) Shang Hai Zheng Quan Bao·2025-08-12 19:45Group 1: Guarantee Progress - The company has provided guarantees totaling 1.481 billion yuan for 8 subsidiaries to meet their normal operating funding needs as of July 2025 [2] - The asset-liability ratio of all guaranteed parties, except for Shaanxi Building Vibration Isolation Research Institute Co., Ltd., exceeds 70% [2] - The guarantees were approved in meetings held on April 28, 2025, and June 26, 2025, by the board and the annual shareholders' meeting [2][4] Group 2: Guarantee Necessity and Reasonableness - The guarantees are within the authorization of the board and shareholders, involving stable subsidiaries with good credit status [4] - The purpose of the guarantees is to satisfy the normal operational funding needs of the subsidiaries, with risks considered manageable [4] Group 3: Total Guarantee Amount and Status - As of July 31, 2025, the total amount of external guarantees provided by the company and its subsidiaries is 34.866 billion yuan, which represents 112.36% of the latest audited net assets [5] - There are no overdue guarantees reported by the company [5][6] Group 4: Major Project Bids - In July 2025, the company and its subsidiaries won bids for construction projects exceeding 500 million yuan [6]