Bestlink Technologies (SH:603206) Shang Hai Zheng Quan Bao·2025-12-02 19:07Core Viewpoint - The company, Jiahuan Technology Co., Ltd., has announced that its wholly-owned subsidiary, Nanjing Xingshengze Information Technology Co., Ltd., will provide a guarantee for its secondary wholly-owned subsidiary, PT XING SHENGZE TECHNOLOGY INDONESIA, to support its business development needs [1]. Group 1: Guarantee Details - The guarantee amount is capped at RMB 50 million, with a guarantee period extending two years beyond the termination of the guarantee letter [1][3]. - The guarantee is intended to cover all contractual obligations between Xingshengze Indonesia and ZTE Corporation, including penalties and damages arising from any defaults [3]. Group 2: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the overseas business expansion of Xingshengze Indonesia, which has stable operational and financial conditions [4]. - The company has conducted a thorough assessment of the subsidiary's profitability and debt repayment capacity, concluding that the guarantee risk is manageable and will not significantly impact the company's daily operations or shareholder interests [4][6]. Group 3: Board Approval and Current Guarantee Status - The guarantee has been approved by the subsidiary's shareholders in accordance with its articles of association, aligning with the overall interests of the company [6]. - As of the announcement date, the total amount of external guarantees provided by the company and its subsidiaries is RMB 834.45 million, representing 37.70% of the latest audited net assets, with no overdue guarantees reported [6].