江苏联合水务科技股份有限公司关于2025年11月提供担保的进展公告

Core Points - The company has provided a guarantee for a credit facility of up to RMB 20 million for its subsidiary, Jingzhou Shenlian Environmental Technology Co., Ltd., with a term of 12 months [1][2] - The guarantee is part of a broader authorization for external guarantees amounting to RMB 2.78 billion for the year 2025, which was approved in previous board and shareholder meetings [1][5] - The company has a total external guarantee amount of RMB 3.74 billion as of November 30, 2025, which includes the current guarantee [5] Summary by Sections Guarantee Details - The guarantee provided is a joint liability guarantee for a credit agreement signed between Jingzhou Shenlian Environmental and China Merchants Bank, with a maximum debt amount of RMB 20 million [1][4] - The guarantee period extends until the expiration of the credit agreement plus an additional three years [4] Internal Decision-Making Process - The company held a board meeting on April 23, 2025, and a shareholder meeting on May 20, 2025, to approve the external guarantee limits for the year [1][2] Financial Health and Risk Assessment - The company assesses that the subsidiary has a stable operating condition and good creditworthiness, indicating a manageable risk level for the guarantee [4][5] - The board believes that the financing guarantee will support the operational needs of the company and its subsidiaries without harming the interests of investors [5]