EGING PV(SH:600537) Shang Hai Zheng Quan Bao·2025-10-31 06:46Core Points - The company has signed a maximum joint liability guarantee for its subsidiary, Changzhou Yijing, with a maximum principal amount of 200 million RMB for various credit facilities from Jiangsu Bank Changzhou Branch [1][5] - The guarantee period extends from the effective date of the guarantee until three years after the fulfillment of the main contract obligations [1][5] - The board of directors has approved a total guarantee limit of 4 billion RMB for 2025, with specific allocations based on the subsidiaries' debt ratios [2][7] Guarantee Details - The guarantee is provided without counter-guarantee and falls within the authorized scope for 2025, requiring no additional approval [1][5] - The company holds an 85.71% stake in Changzhou Yijing, allowing it to effectively supervise and manage the subsidiary's operations [5][7] - The total amount of guarantees provided by the company currently stands at 2.441 billion RMB, which is 561.53% of the company's latest audited net assets [8] Internal Decision-Making - The guarantee and authorization matters were approved in the fifth meeting of the eighth board of directors and the first extraordinary shareholders' meeting of 2025 [2][7] - The management is authorized to decide on the actual guarantee amounts, forms, and durations within the approved limits [2][7] Additional Context - The company has no overdue guarantees, and the current guarantee balance is 1.361 billion RMB, which is 313.18% of the company's latest audited net assets [8]