Drinda(SZ:002865) Shang Hai Zheng Quan Bao·2025-11-20 18:45Summary of Key Points Core Viewpoint - The company, Hainan Junda New Energy Technology Co., Ltd., has provided guarantees for its wholly-owned subsidiary, Chuzhou Jietai New Energy Technology Co., Ltd., to secure credit facilities from two banks, with a total guarantee amount of up to RMB 40 million [1][4][5]. Group 1: Guarantee Details - The company has provided a joint liability guarantee for Chuzhou Jietai's application for a credit facility of RMB 20 million from Bohai Bank [1][4]. - Additionally, a similar guarantee of RMB 20 million has been provided for Chuzhou Jietai's application to Zheshang Bank [1][5]. - The guarantees cover all principal, interest, penalties, and related costs associated with the debts incurred by Chuzhou Jietai [4][5]. Group 2: Financial and Operational Overview - Chuzhou Jietai has a registered capital of RMB 120 million and reported total assets of RMB 862.11 million, total liabilities of RMB 629.87 million, and a net asset value of RMB 232.24 million as of December 31, 2024 [2][3]. - The company recorded an operating income of RMB 605.85 million for the year 2024, but reported an operating loss of RMB 28.10 million and a net loss of RMB 22.35 million [2][3]. Group 3: Board of Directors' Opinion - The board believes that providing these guarantees aligns with the company's overall interests and is necessary for the subsidiary's business development, with risks considered manageable [6]. - The total amount of guarantees provided by the company and its subsidiaries has reached RMB 913.76 million, which is 235.08% of the company's audited net assets for the last year [6].