Putailai(SH:603659) Shang Hai Zheng Quan Bao·2025-09-09 20:45Core Viewpoint - The company Shanghai Putailai New Energy Technology Co., Ltd. has announced the provision of guarantees for its subsidiaries, which are not classified as related guarantees, to support their financing needs [2][4]. Summary by Sections Guarantee Overview - The company has provided guarantees for its wholly-owned subsidiaries, Shenzhen Xinjiaotuo Automation Technology Co., Ltd. and Sichuan Zicheng Technology Co., Ltd., with amounts of RMB 200 million and RMB 150 million respectively [2][5]. - After the new guarantees, the total guarantees provided by the company and its subsidiaries to Shenzhen Xinjiaotuo and Sichuan Zicheng are RMB 1.5 billion and RMB 2.25 billion respectively [2][5]. Internal Decision-Making Process - The guarantees were approved by the company's board of directors and the first extraordinary general meeting of shareholders in 2025, within the approved guarantee limits [6][11]. Basic Information of Guaranteed Parties - The financial data for Shenzhen Xinjiaotuo and Sichuan Zicheng is based on their unaudited figures for the first half of 2025 [7]. Main Content of Guarantee Agreements - The guarantees include a maximum principal limit of RMB 200 million for Shenzhen Xinjiaotuo and RMB 150 million for Sichuan Zicheng, with a joint liability guarantee method [7][8]. Necessity and Reasonableness of Guarantees - The company believes it can effectively control the operational risks and credit status of the guaranteed subsidiaries, which are currently in good operational condition and have the ability to repay debts [9][10]. Cumulative External Guarantee Amount - As of the announcement date, the total external guarantees provided by the company amount to RMB 17.431 billion, representing 94.80% of the company's audited net assets attributable to shareholders for 2024 [4][11].