NBJF(SH:603997) Shang Hai Zheng Quan Bao·2026-01-05 20:42Core Viewpoint - The company has provided a guarantee of €20 million for its subsidiary Grammer Jifeng Automotive Seating CZ s.r.o. to support the establishment of a seating production base in the Czech Republic, with a total guarantee balance of €24 million as of the announcement date [1][2]. Summary by Sections 1. Guarantee Overview - The company is supporting its subsidiary Grammer Jifeng Automotive Seating CZ s.r.o. in establishing a seating production facility in the Czech Republic, which involves signing a lease agreement that requires performance guarantees [2]. - A performance guarantee of €15 million was signed on January 5, 2026, to facilitate the lease, along with an application for a bank guarantee of €5 million through Deutsche Bank Shanghai Branch [2]. 2. Internal Decision-Making Process - The company held board meetings on March 28, 2025, and April 28, 2025, to approve a guarantee limit for 2025, allowing for a total of €464 million and ¥3.9 billion for subsidiaries [3]. - The company adjusted a previously unused guarantee of ¥200 million (approximately €24.38 million) from another subsidiary to support Grammer Jifeng Automotive Seating CZ s.r.o. [3]. 3. Subsidiary Information - Grammer Jifeng Automotive Seating CZ s.r.o. is fully owned by Grammer Jifeng Automotive Seating GmbH, which is 80% owned by the company [4]. - The guarantee is deemed necessary and reasonable to support the Czech factory's construction, aligning with the company's overall interests and allowing for effective monitoring and management of financial risks [4]. 4. Total Guarantee Amount and Status - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to ¥13.256 billion, representing 285.21% of the company's audited net assets for 2024, with no overdue guarantees or related party guarantees [5]. 5. Main Guarantee Details - The main guarantee details include a total amount of €15 million for the subsidiary, with a guarantee period of 3 years [6]. - The bank guarantee application involves a total of €5 million, valid until December 31, 2026 [6].