COMEC(SH:600685) Shang Hai Zheng Quan Bao·2025-09-29 21:33Core Points - The announcement details the progress of a guarantee provided by China Shipbuilding Defense Company for its subsidiary, Huangpu Wenchong Shipbuilding Co., Ltd, related to a project contract for offshore wind farm foundation supply and transportation [1] - The guarantee amount has increased from RMB 137.89 million to RMB 160.20 million, reflecting an increase of RMB 22.32 million, with the guarantee expiration extended to April 27, 2026 [1] - The company has approved a new guarantee limit of RMB 2.536 billion for the fiscal year 2025, which is within the previously approved limits by the annual shareholders' meeting [2] Guarantee Details - The guarantee is aimed at supporting the business development needs of Wenchong Heavy Industry, which is a wholly-owned subsidiary of Huangpu Wenchong [4] - The company has confirmed that the guarantee will not adversely affect its normal operations or business development, and it does not harm the interests of the company and its shareholders [4] Cumulative Guarantee Situation - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is RMB 5.348 billion, accounting for 30.01% of the latest audited net assets [4] - The outstanding guarantee balance is RMB 2.835 billion, which is 15.91% of the latest audited net assets, and all guarantees are provided to the company's subsidiaries [4]