卧龙新能源集团股份有限公司关于为间接控股股东提供担保的进展公告

Core Viewpoint - The company has provided a guarantee for its indirect controlling shareholder, Wolong Holdings, for a financing transaction with the National Development Bank Zhejiang Branch, with a total guarantee amount not exceeding 250 million yuan [2][7]. Summary by Sections Guarantee Details - The company signed a guarantee contract with the National Development Bank Zhejiang Branch, agreeing to provide a guarantee for Wolong Holdings' financing activities, with a total guarantee amount of 250 million yuan [2][7]. - The guarantee is a joint liability guarantee, and Wolong Holdings will provide a counter-guarantee for this transaction [2]. Internal Decision-Making Process - The company held its 15th meeting of the 10th Board of Directors on July 25, 2025, to review and approve the guarantee proposal, with related directors abstaining from voting due to the nature of the transaction [2][3]. - The independent directors of the company expressed their opinion that Wolong Holdings has a good asset and credit status, capable of repaying debts, and that the risk is controllable [2]. Guarantee Agreement Content - The guarantee agreement specifies that the guarantee amount is 250 million yuan, covering all principal, interest, penalties, and other related costs associated with the loan [7]. - The guarantee period is from September 18, 2025, to September 18, 2027 [7]. Necessity and Reasonableness of the Guarantee - The company believes that providing this guarantee is beneficial for mutual development, as Wolong Holdings has consistently supported the company, especially in financing [8][9]. - The risk associated with this guarantee is considered manageable, and it does not harm the interests of the company or its minority shareholders [8][9]. Cumulative Guarantee Situation - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is 850 million yuan, which accounts for 22.61% of the company's audited net assets for 2024 [10]. - The total amount of guarantees provided to the indirect controlling shareholder, Wolong Holdings, is 550 million yuan, representing 14.64% of the company's audited net assets for 2024 [10].