SUNWARD(SZ:002097) Xin Lang Cai Jing·2025-09-03 08:01Core Viewpoint - The company has provided significant guarantees for its subsidiaries, which raises concerns about financial leverage and risk exposure [1] Group 1: Guarantees and Financials - As of the announcement date, the total external guarantees provided by the company and its subsidiaries exceed 50% of the most recent audited net assets [1] - On September 3, 2025, the company signed a guarantee contract with the Hunan Branch of the Export-Import Bank of China to provide joint liability guarantees for a loan of 48 million USD (approximately 341.32 million RMB) requested by its wholly-owned subsidiary Avmax [1] - The annual general meeting in 2024 approved a total guarantee amount not exceeding 86.58 million RMB for Avmax, leaving a remaining available guarantee amount of 16.71 million RMB after this guarantee [1] - As of June 30, 2025, the company's total external guarantee balance is 307.28 million RMB, accounting for approximately 66.59% of the most recent audited net assets, with no violations of external guarantee regulations [1]