Group 1 - Company Shunyu Co., Ltd. announced plans to provide guarantees for loans totaling up to 1.7 billion yuan and 490 million yuan for its subsidiary Wuhu Chuanghuan Water Co., Ltd. to support the construction of the Wuhu Binhai Wastewater Treatment Plant Phase II project [1] - The company holds a 35% stake in Wuhu Chuanghuan and will provide a maximum guarantee of 766.5 million yuan, with specific amounts of 595 million yuan and 171.5 million yuan for the respective banks [1] - The guarantee will be classified as a related party transaction and requires approval from the shareholders' meeting due to the company's significant influence over Wuhu Chuanghuan [1] Group 2 - As of the announcement date, the total guarantee balance for the company and its subsidiaries is approximately 6.6 billion yuan, representing 44.24% of the company's latest audited net assets [2] - The guarantee amount of 766.5 million yuan for off-balance sheet entities accounts for 5.14% of the company's latest audited net assets [2] - For the first half of 2025, the revenue composition of Shunyu Co., Ltd. is as follows: wastewater treatment 50.28%, secondary water supply 48.99%, and other businesses 0.72% [2]
舜禹股份:拟为参股子公司提供不超过7665万元担保