Shang Hai Zheng Quan Bao·2025-12-01 19:39Summary of Key Points Core Viewpoint - Shenzhen Dawi Innovation Technology Co., Ltd. has announced the provision of guarantees for its wholly-owned subsidiary, Dawi Chuangxin Microelectronics Technology Co., Ltd., with a total guarantee limit of up to 180 million RMB, including a specific limit of 120 million RMB for subsidiaries with a debt-to-asset ratio exceeding 70% [2]. Group 1: Guarantee Overview - The company approved a guarantee limit of up to 180 million RMB for its subsidiaries during board meetings held on April 24, 2025, and the annual shareholders' meeting on May 15, 2025 [2]. - The guarantees cover various financing needs, including comprehensive credit applications, loans, and leasing, and can take the form of guarantees, mortgages, or pledges [2]. - The applicable period for these guarantees extends from the approval at the 2024 annual shareholders' meeting until the next annual meeting in 2025 [2]. Group 2: Recent Guarantee Developments - The company signed a maximum guarantee contract with Jiangsu Bank Shenzhen Branch, providing a guarantee for a credit limit of 10 million RMB for its subsidiary [4]. - A similar guarantee contract was signed with GF Bank Shenzhen Branch, also for a credit limit of 10 million RMB for the same subsidiary [4]. - These guarantees fall within the previously approved limit and do not require additional board or shareholder approval [4]. Group 3: Subsidiary Information - Dawi Chuangxin Microelectronics Technology Co., Ltd. was established on March 23, 2011, with a registered capital of 30 million RMB [5]. - The company is fully owned by Shenzhen Dawi Innovation Technology Co., Ltd. and is engaged in semiconductor electronic product testing, production, and sales [5][6]. Group 4: Guarantee Agreement Details - The maximum guarantee amount for both contracts is set at 10 million RMB, covering principal, interest, and associated costs [10][11]. - The guarantee period extends for three years following the fulfillment of the main contract obligations [12]. - The company has not provided guarantees for any entities outside its consolidated financial statements and has no overdue guarantees or litigation-related guarantees [14].