Infinova(SZ:002528) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-15 23:08Summary of Key Points Core Viewpoint - Shenzhen Infitop Technology Co., Ltd. has approved a guarantee amount exceeding 100% of its latest audited net assets for its wholly-owned subsidiary, Infitop (Hangzhou) Information System Technology Co., Ltd., which has a debt-to-asset ratio exceeding 70% [2][3]. Group 1: Guarantee Overview - The company has approved a total guarantee amount of up to RMB 42 million for the year 2025, with specific limits for subsidiaries based on their debt-to-asset ratios [3]. - Guarantees for subsidiaries with a debt-to-asset ratio above 70% are capped at RMB 39.9 million, while those below 70% are limited to RMB 2.1 million [3]. - The company will provide a guarantee of up to RMB 2.28 million for Infitop System [3]. Group 2: Guarantee Progress and Agreements - On November 14, 2025, Infitop System signed a working capital loan agreement with China Everbright Bank, applying for a loan of RMB 19.6 million for a term of 11 months [5]. - The company signed a guarantee contract for the loan, covering all repayment obligations including principal, interest, and associated costs for a period of three years after the loan term [5][6]. Group 3: Financial Status and Guarantee Balance - As of the announcement date, the total guarantees provided by the company and its subsidiaries amount to RMB 56 million, with a balance of RMB 31.59 million, representing 180.10% of the latest audited net assets [11][12]. - The company has no overdue guarantees or guarantees involved in litigation [12]. Group 4: Subsidiary Information - Infitop System is a wholly-owned subsidiary of the company, established on April 28, 2010, with a registered capital of RMB 120 million [7][8]. - The subsidiary operates in various sectors including waste treatment equipment manufacturing, environmental engineering, and technology services [7].