Summary of Key Points Core Viewpoint - The company has approved a total guarantee limit of up to RMB 170 billion for its subsidiaries in 2025, with an additional inter-company guarantee limit of up to RMB 90 billion, to support operational financing needs [1] Group 1: Guarantee Overview - As of June 30, 2025, the company has a total external guarantee balance of RMB 80.13 billion, which exceeds 100% of the latest audited net assets of RMB 11.65 billion [1] - The company has provided a counter-guarantee of RMB 9.63 billion for financing guarantees provided by its affiliate, Chongqing Liangjiang New Area Gree Real Estate Co., Ltd [1] - The guarantees are categorized based on the debt-to-asset ratio of the subsidiaries, with RMB 70.86 billion allocated to subsidiaries with a debt-to-asset ratio above 70% and RMB 41.92 billion to those below 70% [1][2] Group 2: Financial Data of Subsidiaries - The financial data of the subsidiaries under guarantee includes various companies engaged in real estate development, investment activities, and other services, with their debt-to-asset ratios influencing the guarantee limits [2] - The company has the flexibility to adjust the guarantee limits among its subsidiaries as long as the total does not exceed the approved limits for the year [2][3]
珠免集团: 关于提供担保情况的进展公告