Core Viewpoint - The announcement details the provision of a guarantee by the company’s wholly-owned subsidiary, Liyang Power, for a loan requested by its subsidiary, Guizhou Aviation Engine Maintenance Co., Ltd., to support its operational funding needs. Group 1: Guarantee Details - The guaranteed amount is 10 million yuan, with a loan term of one year, and the guarantee period extends for three years after the loan's maturity [1]. - The maximum guarantee amount for 2025 is set at 121 million yuan, as approved by Liyang Power's board on December 27, 2024 [2]. - The guarantee covers principal, interest, penalties, and all related costs, with Guizhou Aviation providing full asset collateral [2]. Group 2: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to meet the operational funding needs of Guizhou Aviation, which is a wholly-owned subsidiary and has a stable financial condition [5]. - As of the announcement date, the total guarantees provided by Liyang Power amount to 91 million yuan, representing 0.23% of the company's latest audited net assets, with no overdue guarantees reported [5].
中国航发动力股份有限公司关于2025年度担保进展的公告