Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-11 00:57Group 1 - The company has provided an irrevocable joint liability guarantee for its subsidiary Urumqi Airlines, covering a maximum amount of 353.93 million yuan for a lease agreement of a B737-800 aircraft [2][4] - The company approved a mutual guarantee limit of 15.8 billion yuan for 2025, with 11.3 billion yuan allocated for subsidiaries with a debt-to-asset ratio above 70% and 4.5 billion yuan for those below [3][4] - As of the announcement date, the total guarantee balance for the subsidiary is 2.466 billion yuan, which accounts for 108.51% of the company's audited net assets for 2024 [10] Group 2 - The guarantee period for the obligations is set for three years after the fulfillment of the main debt, with provisions for extensions if the debt terms change [8] - The company maintains absolute control over the subsidiary's operations and financial status, ensuring manageable risk levels for the guarantee provided [8][9] - The board of directors has authorized the management to handle specific guarantee procedures within the approved mutual guarantee limit without needing further board or shareholder meetings [5][6] Group 3 - The company will hold a half-year performance briefing on September 18, 2025, to discuss its operational results and financial indicators for the first half of 2025 [12][13] - Investors can participate in the briefing through an online interactive platform, with opportunities to submit questions in advance [14][17] - Key executives, including the chairman and president, will be present to address investor inquiries during the session [15][16]