Tianjin TEDA Co., Ltd.(SZ:000652) Shang Hai Zheng Quan Bao·2025-08-13 18:46Summary of Key Points Core Viewpoint - The company, Tianjin TEDA Resource Recycling Group Co., Ltd., has announced that its subsidiary, TEDA Environmental Protection, will provide a guarantee of 10 million yuan for its secondary subsidiary, Jizhou TEDA Environmental Protection, to secure financing from China Everbright Bank [1][3]. Group 1: Guarantee Overview - The financing application by Jizhou TEDA Environmental Protection is for 10 million yuan with a term of 18 months, backed by a joint liability guarantee from TEDA Environmental Protection [3]. - The total guarantee limit approved for TEDA Environmental Protection to provide to Jizhou TEDA Environmental Protection for 2025 is 15 million yuan, with the current balance after this guarantee being 13.08 million yuan [4]. Group 2: Financial Data - Jizhou TEDA Environmental Protection has a registered capital of 80.58 million yuan and is involved in various environmental protection services, including solid waste treatment and wastewater processing [5]. - As of now, Jizhou TEDA Environmental Protection has no mortgages, guarantees, lawsuits, or arbitration matters [6]. Group 3: Guarantee Agreement Details - The guarantee agreement includes a coverage of all debts, interests, penalties, and related costs incurred by Jizhou TEDA Environmental Protection [7]. - The guarantee amount is set at 10 million yuan, with a joint liability guarantee structure [8][9]. Group 4: Board of Directors' Opinion - The board believes that the inter-company guarantee is beneficial for business development and considers the associated risks to be manageable, asserting that it does not harm the company's interests [11]. Group 5: Cumulative Guarantee Information - The total amount of guarantees provided by the company and its subsidiaries is 11.365 billion yuan, which represents 198.13% of the company's latest audited net assets [12].