Valin Precision(SH:603356) Shang Hai Zheng Quan Bao·2025-12-02 18:35Group 1 - The company held its 34th meeting of the 4th Board of Directors on December 1, 2025, which was legally convened and valid [2][4] - The meeting approved a proposal to provide a guarantee of up to RMB 20 million for its wholly-owned subsidiary, Guangzhou Hualing Elevator Parts Co., Ltd., to support its operational needs [5][27] - The board also approved proposals for leasing property and selling equipment, which are classified as related party transactions [8][10] Group 2 - The company will hold its 4th extraordinary general meeting of 2025 on December 26, 2025, with both on-site and online voting options available [17][20] - The meeting will review previously approved proposals from the board, including the guarantee for the subsidiary and the related party transactions [12][39] - The company has established procedures for shareholders to participate in the voting process, including registration and proxy voting [21][24] Group 3 - The company plans to lease an industrial plant and office space to Liyang Lingshui Building Equipment Co., Ltd. for a period from January 1, 2026, to December 31, 2028, at an annual rent of RMB 828,156.28 [33][36] - Additionally, the company will sell idle equipment to Liyang Lingshui for a total of RMB 719,000 [37][51] - These transactions are intended to optimize asset utilization and are conducted at fair market prices [38][47] Group 4 - The total amount of guarantees provided by the company and its subsidiaries, excluding the new guarantee, is RMB 368 million, which accounts for 81.74% of the company's latest audited net assets [31] - The company has no overdue guarantees, indicating a stable financial position [31] - The board believes that the new guarantee will enhance the subsidiary's financing efficiency and aligns with the company's long-term interests [29][30]