烟台亚通精工机械股份有限公司关于为子公司提供担保进展的公告

Core Viewpoint - The company has entered into a guarantee agreement with China Everbright Bank, providing a joint liability guarantee for financing not exceeding 10 million yuan for Yantai Yatong Precision Machinery Co., Ltd. [1] Group 1: Guarantee Details - The company signed a maximum guarantee contract with China Everbright Bank on August 20, 2025, for financing activities [1] - The total comprehensive credit limit applied for by the company and its subsidiaries is not to exceed 2.2 billion yuan, including existing limits [2] - The company can provide guarantees for subsidiaries with an asset-liability ratio above 70% up to 1 billion yuan and for those below 70% also up to 1 billion yuan [2] Group 2: Guarantee Agreement Content - The creditor is China Everbright Bank, and the guarantor is Yantai Yatong Precision Machinery Co., Ltd. [3] - The guarantee period is calculated separately for each specific credit business, lasting three years from the debt maturity date [6] - The guarantee covers principal, interest, penalties, and all other payable amounts related to the debt [6] Group 3: Necessity and Reasonableness of Guarantee - The guarantee is deemed necessary for the operational needs of the company and its subsidiaries, supporting smooth business operations [6] - The company believes that the risk associated with the guarantee is manageable and does not harm the interests of shareholders, especially minority shareholders [6][7] Group 4: Board Approval - The board of directors approved the proposal for the comprehensive credit limit and guarantees with a unanimous vote [7] - The board emphasized that the proposed guarantees are beneficial for business operations and liquidity needs [7] Group 5: Cumulative Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 1.4267438 billion yuan, accounting for 67.87% of the latest audited net assets [8] - The actual guarantee balance is 856.4159 million yuan, representing 40.74% of the latest audited net assets [8]