Summary of Key Points Core Viewpoint - The company has announced a guarantee of 11 million yuan for Zhejiang Shuangqiang Industrial Co., Ltd., which has a debt-to-asset ratio exceeding 70%, indicating a focus on managing financial risks associated with this guarantee [1]. Group 1: Guarantee Overview - The company plans to provide a total guarantee amount of 818.5 million yuan for its subsidiaries in 2025, with 541.5 million yuan specifically for wholly-owned subsidiaries with a debt-to-asset ratio over 70% [1]. - The proposal for the guarantee was approved during the board meeting on April 24, 2025, and subsequently ratified at the annual shareholders' meeting on May 21, 2025 [1][2]. Group 2: Guarantee Progress - Recently, the subsidiary Zhejiang Shuangqiang Bamboo and Wood Co., Ltd. signed a maximum guarantee contract with China Construction Bank, providing joint liability guarantee for Zhejiang Shuangqiang Industrial Co., Ltd. [2]. Group 3: Basic Information of the Guaranteed Party - Zhejiang Shuangqiang Industrial Co., Ltd. is fully owned by Zhejiang Shuangqiang Bamboo and Wood Co., Ltd., which is controlled by Mr. Zheng Chenglie [3]. - The company has no record of being a dishonest executor according to the China Execution Information Public Network [4]. Group 4: External Guarantee Status - As of the announcement date, the company's external guarantees are solely for its wholly-owned subsidiaries, totaling 324.5 million yuan, which accounts for 37.24% of the company's latest audited net assets [5]. - There are no overdue external guarantees or guarantees involved in litigation, and no losses due to guarantee-related judgments [5].
双枪科技股份有限公司 关于子公司为其他子公司提供担保的进展公告