LEO(SZ:002131) Xin Lang Cai Jing·2025-12-30 09:39Core Viewpoint - The company has signed guarantee contracts with two banks to provide financial support for its wholly-owned subsidiaries, indicating a strategic move to secure funding for operations and growth [1] Group 1: Company Guarantees - The company signed a maximum guarantee contract with China Construction Bank for its subsidiary Hunan Pump Industry with a limit of 310 million yuan [1] - A separate guarantee contract was signed with Industrial and Commercial Bank of China for its subsidiary Zhejiang Pump Industry with a limit of 165 million yuan [1] - These contracts are renewals of previous guarantee agreements that have expired [1] Group 2: Financial Performance - In 2024, Hunan Pump Industry reported revenue of 966 million yuan and a net profit of 14 million yuan [1] - Zhejiang Pump Industry reported revenue of 3.399 billion yuan but incurred a net loss of 128 million yuan [1] - As of the announcement date, the company has a total actual guarantee balance of 2.435 billion yuan for its wholly-owned and controlling subsidiaries, with no overdue guarantees reported [1]