Group 1 - The company has provided a guarantee of 10 million RMB for its wholly-owned subsidiary, Zhongcheng Automobile (Shandong) Co., Ltd., to secure a bank credit facility from Weifang Bank [1][6] - The guarantee period is three years from the day after the main debt performance period ends or from the day Weifang Bank fulfills the obligations on behalf of the debtor [5] - The company has approved a total guarantee limit of up to 100 million RMB for its subsidiaries for the year 2025, which can be used flexibly among its subsidiaries [1][6] Group 2 - Zhongcheng Automobile is not a dishonest executor [2] - The guarantee includes the main debt and other payable items, with the maximum principal limit set at 10 million RMB [4] - The company has a total external guarantee amount of 242.65 million RMB, with guarantees to subsidiaries amounting to 139.90 million RMB, which is 58.57% of the company's latest audited net assets [7] Group 3 - The company has a current external guarantee balance of 89.78 million RMB, which is 37.58% of the latest audited net assets [7] - The company has overdue compensation claims of approximately 1.7382 million RMB for guarantees provided to non-related dealers, which is currently being pursued [8]
星光农机股份有限公司关于为全资子公司提供担保暨担保进展的公告