Core Viewpoint - The company announced a new guarantee of 1 billion yuan for its wholly-owned subsidiary, Yuan De (Hong Kong) Co., Ltd., towards Changjiang Storage and Changxin Memory Technologies, which represents approximately 22.96% of the audited net assets for the fiscal year 2024 [1] Group 1 - The total guarantee amount for Yuan De is expected to not exceed 30 billion yuan (or equivalent foreign currency), which is within the scope approved by the shareholders' meeting [1] - For the period from January to September 2025, Yuan De reported revenue of 7.139 billion yuan and a net loss of 138 million yuan, with a debt-to-asset ratio of 98.11% [1] - The company and its subsidiaries have no guarantees outside the consolidated financial statements and no overdue guarantees [1]
德明利:为全资子公司新增1亿元担保,累计担保近17.67亿元