Core Points - The company has provided a guarantee of 60 million RMB for its subsidiary, Zhejiang Beituo Transmission Technology Co., Ltd., through a contract with China Everbright Bank Shanghai Branch [1][4] - The total expected guarantee limit for the company and its subsidiaries for 2025 is set at 100 million RMB, with specific limits based on the subsidiaries' debt ratios [1][5] - The company has not provided any guarantees to other subsidiaries, remaining within the authorized limit [2][5] Summary by Sections Guarantee Details - The guarantee provided is a joint liability guarantee amounting to 60 million RMB for the credit business of Zhejiang Beituo [4] - The guarantee covers all debts, including principal, interest, penalties, and related costs incurred by the subsidiary [4] Internal Decision-Making Process - The board of directors and the supervisory board approved the guarantee during meetings held on April 21, 2025, and May 20, 2025, respectively [1][5] - The company is authorized to adjust the guarantee limits internally among its subsidiaries based on their debt ratios [1][5] Financial Position - As of the announcement date, the total guarantees provided by the company amount to 60 million RMB, which is 2.13% of the company's latest audited net assets [5] - The company has not provided guarantees to any entities outside its consolidated financial statements and has no overdue guarantees [5]
上海众辰电子科技股份有限公司关于为控股子公司提供担保的公告