Overview - The company, Xiangtan Electric Chemical Technology Co., Ltd., has approved a guarantee limit for external guarantees for the year 2025, allowing for a maximum guarantee amount of 50 million yuan for its subsidiary, Jingxi Xiangtan Electric Chemical Co., Ltd. [1][2] Guarantee Situation - The company has recently provided a guarantee of 4.5 million yuan for Jingxi Electric Chemical's financing application to Guangxi Jingxi Rural Commercial Bank [1][2] - The remaining guarantee limit after this transaction is 45.5 million yuan [2] Financial Performance - As of the first quarter of 2025, Jingxi Electric Chemical reported total assets of approximately 1.35 billion yuan and total liabilities of approximately 476.84 million yuan, resulting in a debt-to-asset ratio of 35.26% [4] - The company achieved an operating income of approximately 152.78 million yuan and a net profit of approximately 19.32 million yuan for the first quarter of 2025 [4] External Guarantee Summary - As of the announcement date, the total approved external guarantee limit is 1.175 billion yuan, with actual guarantees amounting to 432 million yuan, representing 14.42% of the company's audited equity attributable to the parent company for the year 2024 [4]
湘潭电化: 对外担保进展公告