DPC(SH:600405) Shang Hai Zheng Quan Bao·2025-08-14 19:34Core Viewpoint - The company is providing a guarantee of 3.5 million RMB for its wholly-owned subsidiary, Anhui Power Source Technology Co., Ltd., to secure a loan for operational needs [2][3][10]. Group 1: Guarantee and Counter-Guarantee Overview - The company will provide a joint liability guarantee for Anhui Power Source's loan application of up to 3.5 million RMB for a term of one year [3][10]. - The counter-guarantee will be provided to Langxi County Small and Medium Enterprises Financing Guarantee Co., Ltd. for the same amount, with a maximum debt amount of 3.5 million RMB [3][10]. - As of the announcement date, the company has already provided a total of 38 million RMB in guarantees for Anhui Power Source, with no overdue guarantees reported [2][11]. Group 2: Internal Decision-Making Process - The company held meetings on April 21, 2025, and May 13, 2025, to approve the guarantee and the overall credit limit for 2025, allowing for a total guarantee amount of up to 400 million RMB for its subsidiaries [4][5][11]. - The approved guarantee can be used flexibly among subsidiaries and includes various forms of guarantees such as credit guarantees and asset pledges [4][11]. Group 3: Financial Data of the Guaranteed Entity - Anhui Power Source Technology Co., Ltd. was established on January 15, 2010, with a registered capital of 215.16 million RMB and operates in the production of power electronic products and related services [6][7]. - The company is not listed as a dishonest executor, indicating a stable financial standing [7][9]. Group 4: Financial Data of the Counter-Guarantee Entity - Langxi County Small and Medium Enterprises Financing Guarantee Co., Ltd. was established on March 20, 2014, with a registered capital of 264.72 million RMB, focusing on various guarantee services [8][9]. - This entity is also not listed as a dishonest executor, suggesting reliability in its operations [9]. Group 5: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the subsidiary's business development and is aligned with the company's overall interests and strategic goals [11]. - The guarantee will not significantly impact the company's daily operations or harm the interests of shareholders, particularly minority shareholders [11]. Group 6: Cumulative External Guarantee Status - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 173.75 million RMB, with 141.5 million RMB provided to its subsidiaries, representing 47.79% and 38.92% of the company's latest audited net assets, respectively [11].