兴业证券股份有限公司

Group 1 - The announcement details that the company, through its overseas holding subsidiary, is providing guarantees for its wholly-owned subsidiary, CISI Investment Limited, to facilitate its operational needs [2][4] - The guarantees involve agreements with three banks: Industrial and Commercial Bank of China (Asia) Limited, Hang Seng Bank Limited, and Standard Chartered Bank (Hong Kong) Limited, with specified limits of $50 million, $100 million, and $50 million respectively [2] - The company has previously issued a guarantee for CISI's transactions with Nomura International plc, increasing the guarantee limit from $10,000 to $50 million without the need for a new contract [3] Group 2 - The board of directors approved the proposal to authorize the subsidiary to provide guarantees for companies with a debt-to-asset ratio exceeding 70%, allowing the chairman to implement specific guarantee matters [4][8] - The guarantees are deemed necessary for CISI's daily operations in bond repurchase and derivative transactions, enhancing its profitability while managing credit risk through third-party guarantees [7] - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is approximately RMB 23.283 billion, with no overdue guarantee debts reported [9][10]