Core Viewpoint - The company, Chongqing Construction Group Co., Ltd., has provided guarantees for its wholly-owned subsidiaries, with a total guarantee balance of 5.595 billion yuan, which accounts for 71.71% of the company's latest audited net assets attributable to shareholders [2][5]. Summary by Sections Guarantee Progress - The company approved a guarantee plan for 2025, allowing a total guarantee amount of 6.104 billion yuan for its wholly-owned subsidiaries, which can be reused [4]. - As of September 30, 2025, the company has no overdue external guarantees, and all guarantees provided do not involve counter-guarantees [3][4]. Guarantee Necessity and Reasonableness - The guarantees are considered a reasonable business practice authorized by the board and shareholders to support the subsidiaries' operations and business development [6]. - The company maintains effective control over the operational risks and creditworthiness of the subsidiaries, ensuring that the guarantees do not harm the interests of the company or minority shareholders [6]. Guarantee Balances and Overdue Guarantees - As of September 30, 2025, the total guarantee balance provided by the company and its wholly-owned subsidiaries is 5.595 billion yuan, within the approved annual guarantee limit [6]. - The company has also provided guarantees totaling 1.021 billion yuan to controlling shareholders and other related parties, along with additional credit enhancement measures for its joint ventures [6].
重庆建工集团股份有限公司关于为所属子公司提供担保的进展公告