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江苏华辰:拟为控股子公司提供不超1亿担保

Core Viewpoint - Jiangsu Huachen Transformer Co., Ltd. plans to provide a guarantee of up to 100 million yuan for its subsidiary Jiangsu Huabian Power Engineering Co., Ltd. to meet its daily operational funding needs [1] Group 1: Company Financials - The guarantee will be valid for 12 months from the date of board approval and can be reused [1] - The company holds a 70% stake in Huabian Power, which has a debt-to-asset ratio of 8% [1] - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 80 million yuan (excluding this guarantee) [1] Group 2: Guarantee Impact - After this guarantee, the total amount of effective guarantees will be 180 million yuan, which represents 17.63% of the company's most recent audited net assets [1] - There are no overdue guarantees reported by the company [1]