CDLQ(SZ:002628) Zheng Quan Zhi Xing·2025-08-13 16:24Summary of Key Points Core Viewpoint - Chengdu Road and Bridge Engineering Co., Ltd. has approved a guarantee for its wholly-owned subsidiary, Chengdu Zhongxun Chuangda Construction Engineering Co., Ltd., to secure a credit line of 6 million RMB from a bank, which is part of a broader guarantee framework for the year 2025 [1][2]. Group 1: Guarantee Overview - The company plans to provide guarantees for its subsidiaries and associated companies, with a total guarantee limit not exceeding 1 billion RMB, which can be reused [1][2]. - The guarantee for Zhongxun Chuangda is specifically for a credit line application to the Bank of Communications, with a maximum debt amount of 6 million RMB and a one-year guarantee period [2][4]. Group 2: Financial Status of the Subsidiary - As of December 31, 2024, Zhongxun Chuangda had total assets of 48.53 million RMB, total liabilities of 20.54 million RMB, and a net profit of 2.60 million RMB [3]. - By March 31, 2025, the subsidiary's total assets increased to 53.16 million RMB, with total liabilities of 28.95 million RMB and a net asset value of 24.21 million RMB [3]. Group 3: Board's Opinion - The board believes that the guarantee is beneficial for the subsidiary's business expansion and aligns with the interests of the company and its shareholders, asserting that the associated risks are manageable [4]. Group 4: Current Guarantee Status - As of the announcement date, the total approved external guarantee amount by the company and its subsidiaries is within the limits set, with no overdue guarantees reported [5].