Aonong Group(SH:603363) Shang Hai Zheng Quan Bao·2025-11-27 18:23Overview of Guarantee Situation - The company approved a total guarantee amount of up to 800 million yuan for its partners, including downstream customers and suppliers, during the 2025 fiscal year [2] - The company and its subsidiaries are allowed to provide mutual guarantees, with a maximum guarantee amount of 1.5 billion yuan for subsidiaries with an asset-liability ratio below 70% and another 1.5 billion yuan for those above 70% [2] Progress of Guarantees as of October 2025 - As of October 31, 2025, the company and its subsidiaries provided guarantees totaling 93.96 million yuan to 154 partners [4] - The company has a total external guarantee balance of 742.75 million yuan, which accounts for 28.94% of the latest audited net assets [5] - The actual guarantee balance for subsidiaries is 1.48 billion yuan, representing 57.67% of the latest audited net assets [5] Overdue Guarantees - The overdue amount for mutual guarantees among subsidiaries is 275.82 million yuan, while the overdue amount for external guarantees is 340.23 million yuan [6] - A significant portion of the overdue guarantees (262.87 million yuan) is related to guarantees provided to a subsidiary that was transferred to a trust platform before its separation [6] - The company has recognized expected liabilities for the risks associated with customer defaults and has implemented specific measures to address these risks [6]