Group 1 - The company has approved a total guarantee limit of up to 2.7 billion yuan for its subsidiaries, including specific amounts for subsidiaries Koyou International and Tefuhome [1][2] - The guarantees are intended to support the financing needs of subsidiaries engaged in international trade and strategic business expansion [2][3] - As of August 14, 2025, the total external guarantees provided by the company and its subsidiaries amount to 11.421 billion yuan, with no overdue guarantees reported [3] Group 2 - The credit status of the guaranteed subsidiaries is good, and they are not classified as dishonest executors, indicating no significant issues affecting their debt repayment capabilities [2] - The necessity of the guarantees is justified by the ongoing financing demands due to long payment terms in international trade and high asset-liability ratios from strategic expansions [2][3] - The actual guarantee balance as of July 31, 2025, is 4.704 billion yuan, representing 40.98% of the company's audited net assets for the fiscal year 2024 [3]
科达制造股份有限公司关于为控股子公司提供担保的进展公告