Summary of Key Points Core Viewpoint - The company, Sichuan Zigong Transportation Machinery Group Co., Ltd., has announced the provision of guarantees for its subsidiaries to support their operational and business development needs in 2025, with specific amounts allocated for each subsidiary [1][2]. Group 1: Guarantee Overview - The company approved a total guarantee amount of up to RMB 70 million for its subsidiaries, which includes RMB 50 million for Tangshan Equipment, RMB 5 million for Zhongyou Electromechanical, and RMB 15 million for Ouryan Electric [1][2]. - The guarantees are intended to facilitate financing activities such as comprehensive credit applications and leasing [1][2]. Group 2: Progress of Guarantees - Recently, Ouryan Electric signed a credit agreement with China Merchants Bank Jinan Branch, securing a credit limit of RMB 20 million, for which the company provided a guarantee [2][5]. - The total amount of guarantees provided by the company as of the announcement date is RMB 42.14 million, which is 1.92% of the company's latest audited net assets [8]. Group 3: Subsidiary Information - Ouryan Electric, a subsidiary, has a registered capital of RMB 51.6 million and is involved in manufacturing electric motors and related equipment [4]. - The company holds a 56.5% stake in Ouryan Electric, with other shareholders also providing proportional guarantees [4][8]. Group 4: Guarantee Agreement Details - The guarantee provided by the company is a joint liability guarantee, covering a maximum debt amount of RMB 12.62 million plus interest and related costs [5][6]. - The guarantee period extends from the effective date of the guarantee until three years after the maturity of any loans or financing under the credit agreement [5][6]. Group 5: Board Opinion - The board believes that providing guarantees for subsidiaries is beneficial for their daily operations and overall company growth, ensuring that risks are manageable and do not harm the interests of the company and its shareholders [8].
四川省自贡运输机械集团股份有限公司 关于为子公司提供担保的进展公告