YANG GUANG(SZ:000608) Shang Hai Zheng Quan Bao·2025-10-21 18:38Group 1 - The company held its fourth temporary board meeting of the tenth session on October 21, 2025, via telecommunication, with all seven directors participating in the voting [2][4][5] - The board approved a proposal for the company and its subsidiaries to provide guarantees, including a financing limit of up to RMB 100 million for a factoring business with Shenzhen Jinhai Xia Commercial Factoring Co., Ltd. [3][8] - The company will provide joint liability guarantee for the factoring business, with collateral provided by its subsidiary Chengdu Zhirui New Li Trading Co., Ltd. [3][8] Group 2 - The board also approved a proposal regarding the progress of guarantees provided by the company and its subsidiaries, which includes an additional guarantee for a previous factoring contract with a financing limit of up to RMB 80 million [4][34] - The total amount of guarantees provided by the company and its subsidiaries after this approval will be RMB 650 million, with a total balance of RMB 287.2 million, accounting for 12.43% of the company's latest audited net assets [34][49] - The company has not provided guarantees to external units outside the consolidated financial statements and has no overdue debts or litigation-related guarantees [34][49] Group 3 - The company plans to hold its fifth temporary shareholders' meeting on November 6, 2025, to discuss the approved proposals from the board meeting [52][54] - The meeting will allow for both on-site and online voting, ensuring participation from all shareholders [54][67] - The company has ensured compliance with relevant laws and regulations regarding the convening of the shareholders' meeting [53][56]