SANYOU CORP.(SZ:300932) Shang Hai Zheng Quan Bao·2025-12-10 18:49Group 1 - The company plans to apply for a total comprehensive credit limit of up to RMB 281,300 million for the year 2026 to meet its operational and business development needs [1][40] - The credit limit will be used for various financing types, including working capital loans, medium and long-term loans, bank acceptance bills, guarantees, and accounts receivable trade financing [1][40] - The company will provide guarantees for its wholly-owned subsidiaries, with specific amounts allocated for each subsidiary, totaling RMB 127,300 million [2][19] Group 2 - The company will provide a joint liability guarantee of up to RMB 45,050 million for its wholly-owned subsidiary Mingguang Power, RMB 4,250 million for Mingguang Sanyou, RMB 10,000 million for Ningbo Yongyou, and RMB 68,000 million for its controlling subsidiary Qingxian Zeming [2][19] - The company has no overdue guarantees or litigation-related guarantees as of the announcement date, with a total guarantee amount for subsidiaries of RMB 36,385.32 million, accounting for 20.88% of the audited net assets attributable to the parent company for 2024 [10][11] Group 3 - Shareholders Song Chaoyang and Fu Tiannian will provide a joint liability guarantee of up to RMB 153,500 million for the company's credit applications, which will not incur any guarantee fees [12][20] - The company has established that the guarantees provided by the shareholders do not harm the interests of the company or its minority shareholders [13][23] Group 4 - The company has approved the proposal to conduct commodity futures and options hedging business for the year 2026, with a maximum margin and premium balance of RMB 2,000 million [26][49] - The hedging business aims to effectively control market risks and reduce the impact of raw material price fluctuations on the company's operating costs [26][29]