西菱动力: 关于为控股孙公司融资提供担保的公告

Summary of Key Points Core Viewpoint - Chengdu Xiling Power Technology Co., Ltd. has provided a guarantee for a loan of 10 million RMB to its subsidiary Chengdu Xiling New Energy Technology Co., Ltd., which is part of the company's strategy to support its financing needs and promote business development [1][2]. Group 1: Guarantee Overview - The company signed an agreement with Chengdu Bank to provide a guarantee for a loan of 10 million RMB for its subsidiary [1]. - This guarantee falls within the authorized limit set by the third extraordinary general meeting of shareholders in 2024 and does not require further approval from the board or shareholders [1]. Group 2: Subsidiary Information - Chengdu Xiling New Energy Technology Co., Ltd. was established on December 20, 2019, with a registered capital of 10 million RMB [1]. - The company is primarily engaged in the research, manufacturing, and sales of turbochargers, precision castings, and other mechanical and electronic products [1]. Group 3: Financial Indicators - As of the latest reporting period, the subsidiary's total assets were 105.72 million RMB, with total liabilities of 95.20 million RMB, resulting in a net asset value of 10.52 million RMB [1]. - The asset-liability ratio stands at 90.05%, indicating a high level of leverage [1]. Group 4: Guarantee Details - The guarantee covers various types of debts, including principal, interest, and related fees, ensuring comprehensive coverage for the loan [1][2]. - The guarantee period is set for three years from the date of the last debt payment or from the date of any early termination of the debt [2]. Group 5: Board Opinion - The board believes that providing this guarantee is justified due to the company's significant control over the subsidiary and its ability to manage financial risks effectively [3]. - The rapid development and good asset quality of the subsidiary's turbocharger business mitigate major guarantee risks, aligning with the overall interests of the company and its shareholders [3]. Group 6: External Guarantee Status - As of the announcement date, the total amount of external guarantees provided by the company is 98.50 million RMB, which is 5.93% of the latest audited net assets [3]. - The company has no overdue guarantees or any legal disputes related to guarantees [3].