HBYH(SZ:000422) Shang Hai Zheng Quan Bao·2025-09-04 20:05Project Overview - The company has successfully completed the construction of a 200,000 tons/year caustic soda production facility, which has recently commenced full-load production [2] - This project is part of the company's efforts to upgrade its chlor-alkali chemical industry in line with the "Yangtze River Protection" policy [2] Impact on the Company - The project allows the company to optimize its chlor-alkali product structure and enhance market competitiveness by leveraging the industrial synergy advantages of the Tianjiahe Park [3] - The company aims to improve energy efficiency and quality while meeting the "relocation and transformation" tasks for chemical enterprises along the river [3] Guarantee Situation - The company has approved a total guarantee limit of 3.2712 billion yuan for its subsidiaries and associated companies for the year 2025, with specific allocations based on their asset-liability ratios [7][8] - The company provided a guarantee of 569.5519 million yuan for Xinjiang Yihua Chemical Co., which is within the approved limits [8][9] Financial Obligations - The company has signed a guarantee contract with several banks, providing a joint liability guarantee for Xinjiang Yihua Chemical Co. at a ratio of 35.597% [9][10] - As of the announcement date, the total external guarantee balance of the company and its subsidiaries is 10.431116 billion yuan, which is 141.68% of the latest audited net assets [11]