大禹节水：为子公司提供7000万元担保，累计担保额达18.06亿元

Core Viewpoint - The company has signed guarantee contracts with two banks to provide financial backing for its subsidiaries, indicating a strategic move to secure funding for operations [1] Group 1: Financial Guarantees - The company entered into guarantee contracts with Shanghai Pudong Development Bank Tianjin Branch and Ningbo Bank Beijing Branch, providing joint liability guarantees for its subsidiaries Tianjin Dayu and Huitu Technology [1] - The total guarantee amount is 70 million yuan (approximately 10 million USD) for Tianjin Dayu and 20 million yuan (approximately 2.8 million USD) for Huitu Technology, with a guarantee period of one year [1] Group 2: Company Ownership and Financial Position - The company holds 100% equity in Tianjin Dayu and 55.1023% equity in Huitu Technology [1] - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 3.247 billion yuan (approximately 458 million USD), which represents 158.26% of the audited net assets for 2024 [1] - The actual balance of external guarantees stands at 1.806 billion yuan (approximately 254 million USD), accounting for 88.04% of the total guarantees, with no overdue guarantees reported [1]