安阳钢铁：公司对控股子公司提供的担保总额为人民币约47.65亿元

Core Viewpoint - Anyang Steel has reported a significant level of guarantees provided to its subsidiaries, which raises concerns regarding its financial leverage and risk exposure [1] Financial Guarantees - As of the announcement date, the total guarantees provided by Anyang Steel and its subsidiaries amount to approximately 4.765 billion yuan, representing 179.98% of the company's most recent audited net assets [1] - The guarantees provided by the company to its subsidiaries account for the entire amount of 4.765 billion yuan, also reflecting the same percentage of 179.98% of the net assets [1] Revenue Composition - For the year 2024, Anyang Steel's revenue composition is heavily weighted towards black metal smelting and rolling processing, which constitutes 97.74% of total revenue, while other businesses account for only 2.26% [1] Market Capitalization - As of the report, Anyang Steel's market capitalization stands at 7.8 billion yuan [1]