Swan Cotton Machinery(SH:603029) Shang Hai Zheng Quan Bao·2025-08-15 19:59Group 1 - The company plans to provide guarantees for cotton picker customers to facilitate financing needs, with a maximum guarantee amount not exceeding RMB 250 million [2][4] - As of the announcement date, the actual guarantee balance provided by the company for cotton picker users is RMB 366.36 million [2][3] - The company has established strict risk control measures to manage guarantee risks, including continuous tracking of the repayment ability of the guaranteed parties [9] Group 2 - The board of directors approved the proposal to provide guarantees for cotton picker customers, believing it will enhance the company's sales model and accelerate capital turnover [10][31] - The proposal requires approval from the shareholders' meeting [6][32] - The company has no overdue guarantees as of the announcement date [3][11]