YONGTAI TECH.(SZ:002326) Xin Lang Cai Jing·2025-12-30 23:16Overview of Guarantee Situation - Zhejiang Yongtai Technology Co., Ltd. has approved a total guarantee amount not exceeding RMB 430 million for certain subsidiaries, which can be reused for financing from various banks and institutions [2] - The guarantee limit is divided into RMB 200 million for subsidiaries with a debt-to-asset ratio not exceeding 70% and RMB 230 million for those exceeding 70% [2] - The company can adjust the guarantee amounts among subsidiaries, with specific conditions for those exceeding the 70% debt-to-asset ratio [2] Progress of Guarantee - The company has provided a guarantee of RMB 11 million for its wholly-owned subsidiary, Zhejiang Yongtai New Energy Materials Co., Ltd. [3] - This guarantee does not involve related transactions or counter-guarantees and is within the approved limit from the shareholders' meeting [3] Main Content of Guarantee Agreement - The guaranteed party is Zhejiang Yongtai New Energy Materials Co., Ltd., with a guarantee amount of RMB 11 million [3] - The guarantee is a joint liability guarantee with a term of three years from the debt performance deadline [3] - The guarantee covers principal, interest, penalties, and all related costs incurred due to the debtor's default [3] Board of Directors' Opinion - The board believes that the financial risks associated with this guarantee are manageable and will not affect the company's normal operations [6] - The financing for the subsidiary is necessary for daily operations and aligns with the company's overall development strategy [6] - There are no overdue guarantees or litigation related to guarantees, and the total guarantee amount is RMB 320.18 million, which is 119.86% of the company's latest audited net assets [6]