Huading Nylon(SH:601113) Shang Hai Zheng Quan Bao·2025-08-13 18:23Group 1 - The company has provided a guarantee of RMB 10 million for its wholly-owned subsidiary, Jiangxi Jihao New Materials Co., Ltd., to support its operational needs [1] - The total guarantee amount authorized for Jiangxi Jihao is up to RMB 200 million, as approved by the company's board and shareholders [2] - Jiangxi Jihao is engaged in synthetic fiber manufacturing and related activities, and it is a wholly-owned subsidiary of the company [3][6] Group 2 - The guarantee is structured as a joint liability guarantee, with a guarantee period of three years following the maturity of the principal debt [7] - The main debt amount secured by the guarantee is RMB 10 million, which includes principal, interest, penalties, and other related costs [7] - The necessity and reasonableness of the guarantee are justified by the need to ensure the smooth operation of the subsidiary, with no significant risks to the company's debt repayment ability [8] Group 3 - As of the announcement date, the company has a total guarantee balance of RMB 224.51 million for its subsidiaries, representing 5.93% of the company's audited net assets for 2024 [9]