江西洪城环境股份有限公司关于担保额度调剂及为控股子公司提供担保的公告

Core Viewpoint - The company has announced a guarantee for its subsidiary, aiming to support its operational needs through a bank credit facility of up to RMB 50 million, with a total guarantee amount of RMB 45 million provided by the company [1][4]. Group 1: Guarantee Details - The subsidiary, Liaoning Hongcheng Environmental Co., Ltd., has applied for a bank credit facility of up to RMB 50 million from Shengjing Bank, with the company providing a guarantee of RMB 45 million, representing 90% of the subsidiary's equity [1]. - The guarantee is structured as a joint liability guarantee, with the guarantee period lasting three years from the debt fulfillment deadline [4]. - Another shareholder, Zhonglianhuan Co., Ltd., is providing a guarantee of RMB 5 million, representing 10% of the subsidiary's equity [1]. Group 2: Internal Decision-Making Process - The company’s board of directors approved the guarantee proposal during the fourth meeting of the eighth board on April 14, 2025, and it was ratified at the annual shareholders' meeting on May 7, 2025 [2]. - The total guarantee limit for subsidiaries with an asset-liability ratio below 70% is set at RMB 204.223 million, while for those above 70%, it is capped at RMB 4 million, with a total guarantee limit not exceeding RMB 208.223 million [2]. Group 3: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to meet the daily operational needs of the subsidiary and aligns with the company's overall interests and development strategy [4]. - The company maintains control over the subsidiary's management and finances, allowing for effective risk management [5]. Group 4: Cumulative Guarantee Situation - As of the announcement date, the company has provided a total of RMB 344.343 million in guarantees, which accounts for 36.66% of the latest audited net assets [6]. - The guarantees provided to wholly-owned subsidiaries amount to RMB 72.819 million, while those to controlled subsidiaries total RMB 271.524 million, with no overdue guarantees reported [6].