MODERN AVENUE(SZ:002656) Xin Lang Cai Jing·2025-09-29 08:04Core Viewpoint - The company *ST Modern's board approved a proposal for its actual controller Wang Liping and related parties to provide a joint liability guarantee for its subsidiary, Liaoning Shenpeng Electric Technology Co., Ltd., to apply for a bank credit of 30 million yuan without charging guarantee fees or requiring counter-guarantees [1] Group 1: Related Transactions - The related directors abstained from voting, and the proposal was approved by a special meeting of independent directors [1] - As of the end of 2024, Northeast Plastic's debt-to-asset ratio is 68.92%, while Shenpeng Electric's debt-to-asset ratio is 68.93% [1] - The total amount of related transactions between the company and related parties reached 38.926 million yuan as of the meeting date [1] Group 2: Support and Independence - This related transaction reflects the actual controller's support for the subsidiary and does not affect the company's independence, with no profit transfer or transaction risks identified [1]