YouFa(SH:601686) Shang Hai Zheng Quan Bao·2025-09-01 20:48Group 1 - The company plans to provide guarantees for its subsidiaries in 2025, with a total guarantee amount of 50,000 million RMB from August 1 to August 31, 2025 [2][4] - As of August 31, 2025, the total guarantee balance provided by the company is 456,595.43 million RMB, which accounts for 58.17% of the company's latest audited net assets [18] - The board of directors approved the guarantee plan, allowing a total guarantee amount not exceeding 1,477,700 million RMB, with new guarantees not exceeding 363,459.40 million RMB [4][23] Group 2 - The company has provided guarantees for subsidiaries with an asset-liability ratio exceeding 70%, which poses potential risks [3] - The company has no overdue guarantees as of the announcement date [3][18] - The guarantees are intended to meet the funding needs of subsidiaries and are considered manageable risks by the company [17][26] Group 3 - The company has also engaged in asset pledges, with a total pledged asset value of 52,456 million RMB from August 1 to August 31, 2025, and a cumulative pledged asset value of 263,412.94 million RMB, accounting for 33.56% of the company's latest audited net assets [21][24] - The pledged assets are intended to support normal business operations and will not adversely affect the company's financial health or shareholder interests [26] Group 4 - The company is in the process of acquiring a 70.96% stake in Jilin Huaming Pipe Industry Co., Ltd., which will become a subsidiary after the acquisition [30] - The acquisition has received approval from the State Administration for Market Regulation, allowing the company to proceed with the transaction [32]