Bichamp Cutting Technology(Hunan) (SZ:002843) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-27 00:44Summary of Key Points Core Viewpoint - The company has approved a total external guarantee amount of RMB 162 million, which represents 117.30% of the audited net assets attributable to shareholders for the fiscal year 2024. The actual outstanding guarantee balance is RMB 55.8 million, accounting for 40.40% of the same net assets [2][8]. Group 1: Guarantee Overview - The company has agreed to provide guarantees for its subsidiaries, specifically for Yada Electronics (Luoding) Co., Ltd. and Hunan Taijia Alloy Material Technology Co., Ltd., with maximum guarantee amounts of RMB 35 million and RMB 10 million respectively [3]. - The authorization for these guarantees is valid for one year from the date of approval at the annual shareholders' meeting [3]. Group 2: Guarantee Progress - The company has signed a maximum guarantee contract with China Minsheng Bank, providing a guarantee for a short-term working capital loan of RMB 10 million to Taijia Alloy [5]. - Additionally, a maximum guarantee contract has been signed with Zheshang Bank for a series of debt contracts with a maximum amount of RMB 5 million for Yada Electronics [7]. Group 3: Cumulative External Guarantee Situation - As of the announcement date, the company has no overdue guarantees, litigation-related guarantees, or losses due to guarantees resulting from court judgments [9].