XINLI FINANCE(SH:600318) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-30 08:03Core Viewpoint - The company has provided a guarantee of RMB 70 million for its subsidiary, Anhui Derun Financing Leasing Co., Ltd., to secure a loan from Hengfeng Bank for operational needs [1][5][6]. Group 1: Guarantee Details - The guarantee amount totals RMB 70 million, covering principal, interest, penalties, and various costs related to debt collection and enforcement [4]. - The guarantee period is set for three years, and the company has the authority to adjust the guarantee limits within an overall cap of RMB 1.48 billion for the year 2025 [1][2]. Group 2: Internal Decision-Making Process - The guarantee was approved in meetings held on March 26, 2025, and April 18, 2025, by the board and the annual shareholders' meeting, respectively [1][6]. - The company has the right to sign relevant guarantee agreements through its legal representative or an authorized person [1]. Group 3: Risk Management and Control - The board believes that the guarantee is necessary for the daily operations of Anhui Derun and aligns with the company's overall interests and strategic goals [6]. - The company maintains effective control over Anhui Derun, which mitigates potential risks associated with the guarantee [5][6]. Group 4: Cumulative Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 947.11 million, representing 89.31% of the latest audited net assets [7]. - There are no overdue guarantees or guarantees involved in litigation as of the current date [7].