Hainan RuiZe(SZ:002596) Shang Hai Zheng Quan Bao·2025-12-09 19:02Summary of Key Points Core Viewpoint - The company, Hainan Ruize New Material Co., Ltd., has announced a guarantee arrangement involving its wholly-owned subsidiary, Guangdong Lurun Environmental Technology Co., Ltd., which is seeking a performance guarantee of 3.1652 million yuan for project construction needs [2][9]. Group 1: Guarantee Overview - Guangdong Lurun has applied for a performance guarantee of 3.1652 million yuan from Guangdong Shun Gao Investment Guarantee Co., Ltd., effective until November 16, 2028 [2][9]. - The North Jiao Garbage Treatment Plant provides a joint liability guarantee for the performance guarantee issued to Guangdong Lurun [2]. Group 2: Approval of Guarantee Limits - On May 9, 2025, the company approved a debt financing plan and a guarantee limit of up to 650 million yuan for the company and its subsidiaries at the 2024 annual general meeting [3]. - The remaining available guarantee limit for subsidiaries is 10 million yuan, with a prior balance of 2.176 million yuan for guarantees provided by subsidiaries to each other [3]. Group 3: Basic Information of the Guaranteed Party - Guangdong Lurun was established on January 24, 2006, with a registered capital of 103.8 million yuan and is a wholly-owned subsidiary of the company [4][6]. - The company operates in various environmental services, including waste treatment and pollution prevention [4][5]. Group 4: Cumulative Guarantee Situation - As of the announcement date, the total external guarantee amount for the company and its subsidiaries is 1.7429742 billion yuan, with an actual cumulative guarantee balance of 1.2518019 billion yuan, representing 167.03% of the company's latest audited net assets [6]. - There are no guarantees provided to entities outside the consolidated financial statements, and no litigation or losses due to guarantees have occurred [6]. Group 5: Other Information - The company will disclose any further developments or changes regarding financing and guarantee matters in accordance with relevant regulations [7].