AXNMC(SH:600255) Sou Hu Cai Jing·2025-08-23 21:04Core Viewpoint - XinKe Materials (600255) experienced a stock price decline of 5.49% this week, closing at 4.48 yuan, after reaching a one-year high of 5.04 yuan on August 19 [1] Company Announcements - XinKe Materials provided a guarantee of 50 million yuan to its subsidiary, Anhui XinKe Copper Industry Co., Ltd, with a total guarantee balance of 139.626 million yuan [1] - The total external guarantees provided by the company and its subsidiaries amount to 226.076 million yuan, which is 158.02% of the company's latest audited net assets [1] - The guarantee agreement was signed with Hangzhou Bank for a maximum financing balance of 50 million yuan, with a guarantee period of three years [1] Subsidiary Overview - Anhui XinKe Copper Industry Co., Ltd has a registered capital of 45 million yuan, with XinKe Materials holding 80% of the shares [1] - As of June 30, 2025, the subsidiary reported total assets of 352.958 million yuan, total liabilities of 208.888 million yuan, and a net profit of 2.429 million yuan [1] - The guarantee is deemed necessary for the subsidiary's business development and aligns with the overall interests and strategic development of the company [1]