YATAI(SZ:000691) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-27 00:45Group 1 - The company held its 15th meeting of the 9th Board of Directors on September 26, 2025, with all 9 directors present, and the meeting was chaired by Chairman Chen Zhijian [2][3] - The board approved a proposal regarding the acceptance of a gratuitous guarantee from related parties for its subsidiary, Cangzhou Lingang Yanuo Chemical Co., Ltd., with a voting result of 7 in favor and 0 against [2][8] - The guarantee provided by the controlling shareholder, Guangzhou Wanshun Technology Co., Ltd., and related party Guangdong Wanjia Tong Holdings Co., Ltd., amounts to a maximum of RMB 49.47 million [7][13] Group 2 - The guarantee is gratuitous, meaning no fees will be charged, and no counter-guarantee is required [7][21] - The guarantee will terminate if the company successfully completes its restructuring and meets specific conditions, including maintaining an asset-liability ratio below 60% [7][20] - The independent directors unanimously agreed that the guarantee is beneficial for the subsidiary's stable development and does not harm the interests of the company or its minority shareholders [25][23] Group 3 - The company received a decision from the Beijing Arbitration Commission to withdraw a case involving disputes with its shareholders, which will not affect the company's control or financial performance [28][29] - The arbitration case was initiated due to disagreements over a cooperation agreement and a voting rights entrustment agreement [32][34] - The withdrawal of the arbitration request was made by the applicants, and the arbitration fee was partially refunded [34][35]