West Construction(SZ:002302) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-23 08:46Group 1 - The company approved a total bank credit guarantee limit of up to 1.5 billion yuan for its subsidiaries during board meetings held on April 2 and May 16, 2025 [1] - The guarantee period is from the approval date until the next annual general meeting in 2025 [1] - The specific guarantee amount for the subsidiary China Construction West Group Eighth (Shanghai) Co., Ltd. is set at 200 million yuan [1] Group 2 - As of September 17, 2025, the company has issued nine outstanding guarantees totaling 610 million yuan within the approved limit [2] - The guarantees include amounts of 100 million yuan and 50 million yuan for the subsidiary China Construction West Group Eighth (Shanghai) Co., Ltd., and other amounts for various subsidiaries [2] - On September 18, 2025, the company signed a maximum guarantee contract with CITIC Bank Chengdu Branch, providing a guarantee of 50 million yuan for the subsidiary [2] Group 3 - The guaranteed party is China Construction West Group Eighth (Shanghai) Co., Ltd., with a guarantee amount of 50 million yuan and a joint liability guarantee method [3] - The guarantee covers all fees related to the main contract, including principal, interest, penalties, and other costs [4] - The guarantee period lasts for one year after the main contract's debt performance deadline [4] Group 4 - The company's total outstanding guarantees amount to 610 million yuan, which is 6.43% of the audited net assets attributable to the parent company for the fiscal year 2024 [4] - There are no overdue guarantees or litigation-related guarantees reported [4] - The company aims to ensure the normal operation of its subsidiary's production and operations through these guarantees, which aligns with its overall interests [4]