卧龙电驱为子公司提供4000万欧元担保，风险总体可控

Core Viewpoint - The company has signed a guarantee letter with China Construction Bank Asia and China Construction Bank Shangyu to provide a total guarantee of up to 40 million euros for its wholly-owned subsidiary, Hong Kong Wolong, to meet its financing needs [1] Group 1: Financial Details - The guarantee is valid until September 19, 2028, and as of September 19, the actual guarantee balance provided has reached 866.9865 million RMB [1] - The company's debt-to-asset ratio exceeds 80%, but it believes it has the capability to repay its debts, indicating that the guarantee risk is manageable [1] - As of September 19, the total external guarantee amount by the company and its subsidiaries is 1.2080135 billion RMB, which accounts for 12.04% of the audited net assets attributable to the parent company for 2024 [1] Group 2: Compliance and Risk Management - There are no overdue or non-compliant guarantees reported by the company [1]