XILONG SCIENTIFIC(SZ:002584) Shang Hai Zheng Quan Bao·2025-09-23 18:56Summary of Key Points Core Viewpoint - The company, Xilong Science Co., Ltd., has announced the progress of providing guarantees within the scope of consolidated financial statements for financing credit applications in 2025, with a total guarantee amount not exceeding RMB 3.75 billion. Group 1: Guarantee Overview - The company and its subsidiaries will provide guarantees for financing credit applications to financial institutions, with a total guarantee amount not exceeding RMB 3.75 billion for 2025 [2]. - The company will guarantee up to RMB 2.085 billion for its subsidiaries, with specific limits based on their asset-liability ratios: RMB 1.635 billion for subsidiaries with an asset-liability ratio of 70% or less, and RMB 450 million for those exceeding 70% [2]. - Subsidiaries will also provide guarantees for each other, totaling up to RMB 55 million, with similar asset-liability ratio conditions [2]. Group 2: Guarantee Progress - The company has signed a maximum guarantee contract with Huishang Bank Shenzhen Branch, providing a joint liability guarantee of up to RMB 13 million for Guangzhou Xilong Fine Chemical Technology Co., Ltd. [4]. - Another contract was signed with Huishang Bank Shenzhen Branch for Foshan Xilong Chemical Co., Ltd., also providing a joint liability guarantee of up to RMB 13 million [4]. - Guangzhou Xilong Innovation Park Management Co., Ltd. has signed a maximum guarantee contract with Guangzhou Huangpu Ronghe Village Bank, providing a joint liability guarantee of up to RMB 16 million for Guangzhou Xilong Fine Chemical Technology Co., Ltd. [4]. Group 3: Guarantee Agreement Details - The guarantees cover principal debts, interest, penalties, and other related costs, with a guarantee period of three years from the debt fulfillment date [6][7]. - The maximum guarantee amounts for the contracts with Huishang Bank are RMB 13 million each, while the contract with Guangzhou Huangpu Ronghe Village Bank has a maximum guarantee of RMB 16 million [6][8]. - As of the announcement date, the company and its subsidiaries have a total external guarantee amount of zero, with specific internal guarantees totaling RMB 870.16 million, RMB 757.77 million, and RMB 16 million for various subsidiaries [8].