传艺科技：拟为全资子公司传艺香港提供不超过2000.00万元担保

Core Viewpoint - The company has approved a guarantee for its wholly-owned subsidiary, which involves a total guarantee amount not exceeding RMB 20 million, reflecting a strategic move to support its subsidiary's procurement agreement [1] Group 1: Guarantee Details - The company will provide an irrevocable joint liability guarantee for its wholly-owned subsidiary, Chuan Yi Hong Kong Trading Co., Ltd., related to a procurement agreement with Lianbao (Hefei) Electronics Technology Co., Ltd. [1] - The total guarantee amount is capped at RMB 20 million, plus any costs incurred from the exercise of rights and remedies under the maximum guarantee letter [1] - The guarantee period extends for two years following the expiration of the performance obligations under the main contract [1] Group 2: Financial Implications - As of the announcement date, the total amount of guarantees reviewed by the company and its controlling subsidiaries is RMB 2.02 billion, which includes this new guarantee [1] - This total guarantee amount represents 100.58% of the company's most recent audited net assets [1] - The guarantee is deemed to not harm the interests of the company and its shareholders, as it is solely for the benefit of the wholly-owned subsidiary [1]