华明装备为全资子公司上海华明提供5000万元担保

Core Points - Huaming Power Equipment Co., Ltd. signed a guarantee contract with Nanjing Bank Shanghai Branch to provide a joint liability guarantee for a loan of 50 million yuan for its wholly-owned subsidiary, Shanghai Huaming Power Equipment Manufacturing Co., Ltd. [1] - The company's total guarantee balance for Shanghai Huaming increased from 913 million yuan to 963 million yuan, remaining within the authorized limit of 1.3 billion yuan [1] - Shanghai Huaming, established in 1995, is a 100% owned subsidiary of the company with a debt-to-asset ratio of 53.60% and is not a dishonest executor [1] - As of the announcement date, the company's total guarantee limit is 2,032.5 million yuan, with actual guarantees amounting to 450.0281 million yuan, and there are no overdue or other adverse situations [1]