宁波富达股份有限公司关于为控股子公司提供担保的进展公告

Core Points - Ningbo Fuda has provided guarantees for its subsidiaries, Mengzi Yingzhou Cement Co., Ltd. and Xinping Yingzhou Cement Co., Ltd., totaling up to 80 million yuan and 50 million yuan respectively [1][5][6] - The guarantees are backed by equity pledges from other shareholders of the subsidiaries, ensuring a form of counter-guarantee [2] - The board of directors and the shareholders' meeting have approved the guarantees within the authorized limits, indicating that the guarantees are necessary for the subsidiaries' operational needs [3][8] Summary by Sections Guarantee Details - The maximum guarantee amount for Mengzi Yingzhou is 80 million yuan, while for Xinping Yingzhou it is 50 million yuan [1][6] - The guarantees cover principal, interest, penalties, and all related costs associated with the debts [5][6] Internal Decision-Making Process - The board approved the expected guarantee amount for 2025, which is capped at 1.322 billion yuan, with specific allocations for the subsidiaries [3] - Prior to the new guarantees, the actual guarantee balance for Mengzi was 96.1844 million yuan and for Xinping was 120 million yuan [3] Subsidiary Information - Mengzi Yingzhou is a wholly-owned subsidiary of Ningbo Kehuan New Materials Co., Ltd., which has pledged its entire equity to Ningbo Fuda as a counter-guarantee [2] - Xinping Yingzhou's other shareholders have also pledged their 48% equity to Ningbo Fuda [2] Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary and reasonable as they support the subsidiaries' operational needs, and the company maintains control over their major decisions [7] - The risk associated with these guarantees is considered manageable based on the subsidiaries' current financial conditions [7] Board Opinion - The board believes that the guarantees align with the company's overall interests and development strategy, and they will not adversely affect the company's operations [8] - As of the announcement date, the total guarantees provided by the company amount to 536.1844 million yuan, representing 18.58% of the latest audited net assets [8]