飞凯材料：为孙公司提供不超20000万元担保

Group 1 - The company, Feikai Materials, announced a guarantee contract with Nanyang Bank to provide a joint liability guarantee of up to RMB 200 million for its wholly-owned subsidiary, Hong Kong Kaichuang [2] - As of November 30, 2025, the actual guarantee balance provided by the company for its subsidiaries is RMB 401.33 million, which accounts for 9.98% of the company's most recent audited net assets [2] - There are no overdue guarantees reported by the company [2]