华正新材：为子公司提供1.75亿元担保，累计担保37.98亿元

Core Viewpoint - The company has signed guarantee contracts with two banks to support the operational development of its subsidiaries, indicating a proactive approach to financing and risk management [1] Group 1: Guarantee Contracts - The company signed guarantee contracts on December 19, 2025, with Bank of Communications Zhuhai Branch and Industrial and Commercial Bank of China Hangzhou Zhong'an Branch [1] - The guarantees provided are for credit facilities of 150 million yuan for Zhuhai Huazheng and 25 million yuan for Zhejiang Huaju, with no counter-guarantee required [1] Group 2: Financial Position - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 3.798 billion yuan, which represents 260.98% of the audited net assets for the year 2024 [1] - There are no overdue guarantees reported by the company [1]