AUCMA(SH:600336) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-15 15:50Core Points - The company has provided guarantees to its subsidiaries to support their operational funding needs and ensure stable business development [1][14] - The total amount of guarantees provided by the company and its subsidiaries is 1.371 billion RMB, accounting for 56.17% of the company's latest audited net assets [16] Group 1: Guarantee Details - On October 13, 2025, the company’s subsidiary, Qingdao Aokema Life Electric Co., Ltd., signed a maximum guarantee contract with Agricultural Bank of China, providing a joint liability guarantee of up to 81 million RMB for Qingdao Aokema Import and Export Co., Ltd. from October 13, 2025, to October 12, 2026 [1][4] - The company also signed a maximum guarantee contract with China Everbright Bank, providing a joint liability guarantee of up to 10 million RMB for Qingdao Aokema Smart Home Co., Ltd. for the same period [1][10] - The company has authorized a total guarantee amount not exceeding 3.07 billion RMB for the fiscal year 2025, which includes ongoing guarantees [2][15] Group 2: Internal Decision-Making Process - The company’s board approved the financing and guarantee business for the fiscal year 2025 on April 29, 2025, which was subsequently ratified at the annual general meeting on May 23, 2025 [2][15] - The guarantees provided are within the scope of the board's approval and do not require further review [3][15] Group 3: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary to meet the daily operational funding needs of the subsidiaries, contributing to their stable operations and the overall development of the company [14] - The company maintains effective control and management over the subsidiaries, allowing for timely monitoring of their credit status and performance capabilities [14]