Smarter Energy(SH:600869) Shang Hai Zheng Quan Bao·2025-10-21 19:37Core Points - The company has provided guarantees for its subsidiaries, Jiangxi Far East Lithium and Far East Electric, totaling RMB 4,155 million [2][9] - The guarantees are part of normal business operations and are expected to support the subsidiaries' funding needs for stable development [9] Group 1: Guarantee Details - The company has guaranteed RMB 31.75 million for Jiangxi Far East Lithium and RMB 9.8 million for Far East Electric [2][9] - The guarantee for Jiangxi Far East Lithium is a joint liability guarantee with a term lasting three years after the main contract's debt obligations are fulfilled [5][7] - The guarantee for Far East Electric also follows a joint liability structure, with the guarantee period calculated individually for each specific credit transaction [9] Group 2: Internal Decision-Making Process - The guarantees were approved during the 18th meeting of the 10th Board of Directors and the 2024 Annual General Meeting [3] - The approved guarantee limits for Jiangxi Far East Lithium and Far East Electric are RMB 450 million and RMB 10 million, respectively [3] Group 3: Financial Overview - The total amount of guarantees provided by the company is RMB 1,071,601.61 million, with an actual balance of RMB 764,100.45 million, representing 250.64% and 178.72% of the company's net assets as of 2024 [9] - Guarantees to wholly-owned or controlled subsidiaries total RMB 1,059,057.61 million, with an actual balance of RMB 751,556.45 million, accounting for 247.70% and 175.78% of the company's net assets [9]