Core Points - The company has provided a loan/credit guarantee of RMB 500 million to Kunming Water Group and its wholly-owned subsidiaries, with approximately RMB 200 million utilized as of the announcement date [1] - Of the utilized amount, about RMB 100 million has been repaid by Kunming Water Group, while RMB 100 million remains in the normal performance period [1] - Kunming Water Group has fully utilized its RMB 500 million loan/credit guarantee to the company and its wholly-owned subsidiaries, all of which are still in the normal performance period [1] Financing Agreement - On November 11, 2025, the company signed a Financing Guarantee Framework Agreement with Kunming Water Group, allowing for an additional guarantee of up to RMB 500 million for the company's loans/credits [2] - This additional guarantee can be reused and covers all debts under financing contracts signed by the company and its wholly-owned subsidiaries, including principal, interest, penalties, and other associated costs [2] - The guarantee does not incur any fees, and the company and its wholly-owned subsidiaries are not required to provide counter-guarantees [2]
滇池水务与昆明市水务集团签订《融资担保框架协议》