LOPAL(SH:603906) Zheng Quan Zhi Xing·2025-09-04 10:18Summary of Key Points Core Viewpoint - The company, Jiangsu Longpan Technology Group Co., Ltd., has announced the provision of guarantees for its subsidiaries, Changzhou Liyuan New Energy Technology Co., Ltd. and Liyuan (Jiangsu) Technology Co., Ltd., to support their bank credit applications, indicating a controlled risk environment for the company [1]. Group 1: Guarantee Overview - The company has provided a total guarantee of RMB 150 million for its subsidiaries, with RMB 50 million for Changzhou Liyuan and RMB 100 million for Jiangsu Liyuan [1]. - The company has full control over the production and financial management of the subsidiaries, ensuring that the guarantee risks are manageable [1][6]. - The total amount of guarantees provided by the company and its subsidiaries has exceeded 100% of the audited net assets attributable to the parent company for the fiscal year 2024 [1][7]. Group 2: Financial Data of Subsidiaries - Changzhou Liyuan has a registered capital of RMB 83,412.7585 million and operates in the electronic materials sector [2][3]. - Jiangsu Liyuan, a wholly-owned subsidiary of Changzhou Liyuan, has total assets of RMB 248,780.63 million and reported a net profit of RMB -890.57 million [5]. Group 3: Risk Management - The company has established a comprehensive risk management system for its guarantee business, including dynamic tracking of the guarantee ledger and feasibility assessments of the projects [6]. - The company has no overdue guarantees and does not provide guarantees for shareholders or related parties [7].