Enpack(SZ:002846) Shang Hai Zheng Quan Bao·2026-01-12 18:12Overview of Guarantee Situation - Guangdong Yinglian Packaging Co., Ltd. has approved a total guarantee limit of up to RMB 2.7 billion for its subsidiaries in 2025, which includes RMB 700 million for subsidiaries with a debt-to-asset ratio exceeding 70% and RMB 1.9 billion for those with a lower ratio [3][4]. Guarantee Progress - The company has signed a maximum guarantee contract with Jiangsu Bank for its wholly-owned subsidiary, Yinglian Metal Technology (Yangzhou) Co., Ltd., with a maximum liability of RMB 40 million [6][8]. - A similar contract has been signed with Industrial and Commercial Bank of China for its controlling subsidiary, Yinglian Metal Technology (Shantou) Co., Ltd., with a maximum liability of RMB 220 million [10][11]. Financial Data of Subsidiaries - Yinglian Metal Technology (Yangzhou) Co., Ltd. has a registered capital of RMB 50 million and was established on April 4, 2019 [12]. - Yinglian Metal Technology (Shantou) Co., Ltd. has a registered capital of RMB 20.83 million and was established on March 27, 2009 [14]. Approval Status of Guarantees - The guarantees provided are within the approved limits from the shareholders' meeting, with a remaining available guarantee limit of RMB 2.00684 billion as of the announcement date [14][15]. Board of Directors' Opinion - The board believes that providing guarantees for financing is beneficial for operational efficiency and does not harm the interests of the company or its shareholders, particularly minority shareholders [15][16]. Cumulative Guarantee Amount - After the current guarantees, the total outstanding guarantees amount to RMB 1.11676 billion, which represents 81.07% of the company's latest audited net assets [17].