百川能源：公司对子公司提供的担保余额约28.06亿元

Core Viewpoint - Baichuan Energy has announced multiple guarantees for its subsidiaries to secure loans and financing leases, indicating a strategic move to support its operational financing needs while maintaining a significant portion of its net assets in guarantees [1][2][3]. Group 1: Guarantees and Financing - Baichuan Energy's subsidiary, Baichuan Gas, is applying for a loan from Kunlun Bank, with the company providing a joint liability guarantee of 120 million yuan, bringing the total guarantees for Baichuan Gas to 887 million yuan, with an available guarantee limit of 663 million yuan [1]. - Another subsidiary, Yongqing Baichuan, is seeking a loan from CITIC Bank Langfang Branch, with a guarantee of 130 million yuan, resulting in a total guarantee balance of 445 million yuan and an available limit of 105 million yuan [1]. - The subsidiary, Gu'an Baichuan, is applying for financing leases from Far East International Leasing, with guarantees of 66 million yuan and 22 million yuan, leading to a total guarantee balance of 317.65 million yuan and an available limit of 82.35 million yuan [2]. - The subsidiary, Jingzhou Natural Gas, is also seeking financing leases from Far East International Leasing, with a guarantee of 44 million yuan, resulting in a total guarantee balance of 444 million yuan and an available limit of 56 million yuan [2]. - Beijing Jiquan, another subsidiary, is applying for a loan from CITIC Bank Beijing Branch, with a guarantee of 10 million yuan, leading to a total guarantee balance of 20 million yuan and an available limit of 80 million yuan [2]. - As of the announcement date, the total guarantees provided by the company to its subsidiaries amount to approximately 2.806 billion yuan, representing 76.45% of the company's most recent audited net assets [2]. Group 2: Revenue Composition - For the year 2024, Baichuan Energy's revenue composition indicates that the gas industry accounts for 96.72% of its total revenue, while other businesses contribute 3.28% [3]. Group 3: Market Capitalization - As of the latest update, Baichuan Energy's market capitalization stands at 6.1 billion yuan [4].