LYPM(SZ:002501) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-13 23:22Core Viewpoint - The company, Jilin Liyuan Precision Co., Ltd., has announced that its board of directors has approved a proposal to accept a gratuitous guarantee from its indirect controlling shareholder, Jiangsu Bubugao Real Estate Co., Ltd., for a loan not exceeding 50 million yuan to support its subsidiary's daily operations [6][8]. Group 1: Board Meeting and Decision - The sixth board of directors' seventeenth meeting was held on November 13, 2025, where all directors were present, and the meeting complied with relevant laws and regulations [1][2]. - The proposal to accept the gratuitous guarantee was unanimously approved by the board, with a voting result of 5 in favor, 0 against, and 4 abstentions due to conflicts of interest [2][8]. Group 2: Details of the Guarantee - Jiangsu Bubugao intends to provide a gratuitous guarantee for a loan of up to 50 million yuan for a period not exceeding 12 months, with the guarantee being secured by collateral [6][14]. - The guarantee will not incur any fees for the company or its subsidiary, and no counter-guarantee is required [14][16]. Group 3: Impact and Justification - This transaction is deemed reasonable and fair, with no harm to the interests of the company or minority shareholders, and is expected to positively impact the company's future development [15][16]. - The company has previously engaged in various transactions with the same related party, totaling 12 million yuan for the year to date [16].