Three-V(SH:603033) Shang Hai Zheng Quan Bao·2025-11-27 19:29Core Points - The company has provided guarantees for its subsidiary, Zhejiang Sanwei United Thermal Power Co., Ltd., totaling up to RMB 70 million to facilitate business operations with various banks [1][2][4] - The company has approved a total guarantee limit of RMB 400 million for the year 2025, which can be used for financing within the approved scope [2][6] - The company has a total guarantee balance of RMB 347.06 million for its subsidiaries, which is 111.29% of its latest audited net assets [7] Guarantee Details - The company signed a maximum guarantee contract with Ping An Bank for a principal amount of up to RMB 10 million [3] - A maximum guarantee contract was also signed with GF Bank for a principal amount of up to RMB 60 million [4] - The company has provided a guarantee for all debts under a financing lease contract with Zhejiang Fuzhe Financing Leasing Co., Ltd., amounting to RMB 96 million [4] Decision-Making Process - The company’s board approved the guarantee arrangements during a meeting on April 27, 2025, and the shareholders approved it on May 22, 2025 [2][6] - The guarantees are intended to support the daily operations and business development of the company and its subsidiaries, aligning with the company's long-term interests [5] Cumulative Guarantee Situation - The company has no overdue guarantees as of the announcement date [7] - The guarantees provided to joint ventures and associates are also detailed, with specific amounts and their respective proportions to the company's net assets [7]