中国天楹股份有限公司关于为子公司提供担保的公告

Summary of Key Points Core Viewpoint - The company, China Tianyang Co., Ltd., has approved a guarantee amount of up to RMB 17.01 billion for its subsidiaries in 2025, aiming to enhance financing efficiency and ensure normal operations for its subsidiaries [2][15]. Group 1: Guarantee Overview - The company has decided to provide an additional guarantee of up to RMB 17.01 billion for its subsidiaries, which includes guarantees between the company and its controlling subsidiaries, as well as for its joint ventures [2]. - The shareholders have authorized the chairman and management to approve specific guarantee matters within the set limit, allowing for adjustments based on actual needs [2]. Group 2: Specific Guarantee Cases - Guarantee Case One: The company's controlling subsidiary, Xilin Hot Tianyang Environmental Energy Co., Ltd., has signed a loan agreement with Ordos Bank for RMB 190 million to fund a waste-to-energy project and has received a joint liability guarantee from the company [3]. - Guarantee Case Two: The wholly-owned subsidiary, Jiangsu Yinghuan Urban Environment Service Co., Ltd., has engaged in financing leasing with Jiangsu Financial Leasing Co., Ltd., with a maximum guarantee amount of RMB 90.01 million provided by the company [4]. Group 3: Subsidiary Information - Xilin Hot Tianyang Environmental Energy Co., Ltd.: Established on December 17, 2020, with a registered capital of RMB 82.0041 million, the company is 76.7401% owned by China Tianyang and has a good credit standing [5][6][7][8]. - Jiangsu Yinghuan Urban Environment Service Co., Ltd.: Founded on April 20, 2017, with a registered capital of RMB 202.02 million, it is fully owned by China Tianyang and also has a good credit standing [9][10]. Group 4: Guarantee Contract Details - The guarantee contracts involve joint liability guarantees for all debts under the main contracts, covering principal, interest, penalties, and related costs, with a guarantee period of three years after the debt fulfillment deadline [11][12][13][14]. Group 5: Board Opinion - The board believes that providing guarantees for the subsidiaries will enhance their financing efficiency and ensure stable operations, aligning with the interests of the company and its shareholders [15]. Group 6: Cumulative Guarantee Information - As of the announcement date, the company has provided guarantees totaling RMB 12.223 billion, which accounts for 111.81% of the company's latest audited net assets, with no overdue guarantees or litigation-related amounts [16].