China Bester (SH:603220) Shang Hai Zheng Quan Bao·2025-11-11 19:57Group 1 - The company and its subsidiary, Bester Saudi Limited, plan to apply for a loan of USD 20 million from the China Development Bank for an EPC project, with a financing term of 3 years [2][3] - The loan will be secured by the company's real estate and state-owned land use rights, with additional collateral in the form of an account pledge from Bester Saudi [2][6] - The company has approved a total external guarantee limit of RMB 5 billion for 2025, with a specific guarantee amount of RMB 200 million for Bester Saudi [3][4] Group 2 - As of the announcement date, the company has provided guarantees totaling RMB 2.91416 billion for Bester Saudi, with a remaining guarantee capacity of RMB 54.292 million [4][8] - The board of directors has confirmed that the loan and guarantee are within the authorized scope and comply with relevant regulations [7][8] - The company holds a 51% stake in Bester Saudi, allowing it to effectively control the financial risks associated with the subsidiary [8][9]