江西晨光新材料股份有限公司关于2025年度担保额度预计的进展公告

Core Viewpoint - The company, Jiangxi Chenguang New Materials Co., Ltd., is planning to provide guarantees for its subsidiaries to support their operational and developmental needs, with a total expected guarantee amount of up to RMB 21 billion for the year 2025 [2][3]. Group 1: Guarantee Overview - The company’s subsidiaries are expected to apply for a comprehensive credit limit of no more than RMB 21 billion from banks for the year 2025, which will be used for various financing activities [2]. - The guarantees will be provided to two subsidiaries: Ningxia Chenguang New Materials Co., Ltd. with a limit of RMB 12 billion and Anhui Chenguang New Materials Co., Ltd. with a limit of RMB 9 billion [3]. - The guarantees will include various forms such as credit guarantees, mortgage guarantees, and pledge guarantees, and will be valid for 12 months from the date of approval by the shareholders' meeting [3]. Group 2: Internal Decision-Making Process - The company’s board of directors approved the proposal for the subsidiaries' credit limit and expected guarantee amount during meetings held on April 24, 2025, and June 5, 2025 [4]. - The details of the approval were disclosed in previous announcements on April 26, 2025, and June 6, 2025 [4]. Group 3: Guarantee Progress - On December 15, 2025, the company signed a maximum guarantee contract with Huishang Bank for a maximum debt amount of RMB 48 million for Anhui Chenguang [7]. - This guarantee does not require additional approval as it falls within the previously approved limits [8]. Group 4: Necessity and Reasonableness of the Guarantee - The guarantees are deemed necessary to support the operational needs of the subsidiaries and are aligned with the company's overall interests and development strategy [13]. - The subsidiaries have a debt repayment capacity, and the risks associated with the guarantees are considered manageable and will not adversely affect the company's operations [14]. Group 5: Cumulative Guarantee Amount - As of the announcement date, the total amount of external guarantees provided by the company and its subsidiaries is RMB 1.39104 billion, which accounts for 63.11% of the company's latest audited net assets [14].