SOLAREAST(SH:603366) Shang Hai Zheng Quan Bao·2025-10-09 19:05Core Viewpoint - The company has provided a guarantee for its wholly-owned subsidiary to meet its operational funding needs, ensuring the subsidiary's business continuity and stability [1][5]. Group 1: Guarantee Details - The company signed a guarantee contract with the National Development Bank Tibet Branch on October 9, 2025, providing a joint liability guarantee for a debt of up to RMB 190 million, with an actual guarantee amount of RMB 20 million [1][3]. - The guarantee is aimed at supporting the daily operational needs of the subsidiary, ensuring its sustainable and stable development [5]. Group 2: Internal Decision-Making Process - The company’s board of directors approved the guarantee during meetings held on April 29, 2025, and May 22, 2025, allowing for a comprehensive credit limit of RMB 3.6 billion for the company and its subsidiaries [2][6]. Group 3: Guarantee Agreement Content - The guarantee covers all principal, interest, penalties, and other fees related to the loan, with a guarantee period extending three years beyond the debt fulfillment period [4][5]. Group 4: Cumulative Guarantee Situation - As of the announcement date, the total external guarantee balance for the company and its subsidiaries is RMB 669.33 million, representing 16.08% of the company's latest audited net assets [7].