Core Points - The company Jiujiang Defu Technology Co., Ltd. approved a resolution at its 2024 annual shareholders' meeting to provide guarantees totaling no more than 1,172.72 million yuan for its subsidiaries, effective until December 31, 2025 [1] - The company signed a guarantee contract with Bank of Communications Gansu Branch to provide a maximum guarantee of 66.3 million yuan for its controlling subsidiary, Gansu Defu New Materials Co., Ltd. [1] - Gansu Defu New Materials, established in 2018, is 51% owned by the company and had total assets of 508.0582 million yuan as of June 30, 2025 [1] - The guarantees provided are joint liability guarantees and are stated to have no adverse impact on the company's normal operations and business development, aligning with the overall interests of the company and its subsidiaries [1]
九江德福科技为子公司提供6630万元担保