AYIS(SH:600569) Shang Hai Zheng Quan Bao·2025-08-15 19:06Group 1 - The company held its 11th temporary board meeting on August 15, 2025, with all 9 directors present, and the meeting complied with relevant laws and regulations [2][3] - The board approved a proposal to provide a guarantee for its subsidiary, Henan Angang Zhoukou Steel Co., Ltd., for a bank credit facility of RMB 100 million with a term of 1 year [3][10] - The board also approved a proposal for its subsidiary, Henan Angang Southern Electromagnetic New Materials Technology Co., Ltd., to engage in a financing lease with Hubei Financial Leasing Co., Ltd., with a financing amount of up to RMB 80 million and a term of no more than 2 years [6][21] Group 2 - The company has provided a total of RMB 3,324.63 million in guarantees to Zhoukou Company, excluding the new guarantee [10] - The total amount of guarantees provided by the company and its subsidiaries exceeds 182.62% of the company's most recent audited net assets [19] - The board believes that the guarantees are necessary to support the business development of the subsidiaries and that the risks are controllable [17][40] Group 3 - The financing lease with Hubei Financial Leasing is aimed at optimizing the financing structure of the subsidiary and will not have a significant impact on the company's profits for the current or future years [30][28] - The company has provided a cumulative guarantee of RMB 200 million to Southern Electromagnetic New Materials Company prior to this announcement [34] - The total amount of guarantees provided by the company and its subsidiaries is RMB 491,463.128 million, which is 185.64% of the company's most recent audited net assets [41]