MOONS’(SH:603728) Shang Hai Zheng Quan Bao·2026-02-06 19:26Group 1 - The company plans to provide a guarantee of up to RMB 35 million for its wholly-owned subsidiary, Mingzhi International Trade (Shanghai) Co., Ltd., to ensure the performance of contracts with Panasonic Electric Works (China) Co., Ltd. for electronic components from April 1, 2026, to March 31, 2027 [1][5][36] - The guarantee will cover all payment obligations, including principal, default liabilities, and compensation responsibilities, with a term lasting six months after the last payment obligation is fulfilled [1][5][36] - The board of directors unanimously approved the guarantee proposal on February 6, 2026, and it does not require shareholder approval [2][7] Group 2 - The company has a total of RMB 31.5 million in external guarantees, which accounts for approximately 10.78% of the latest audited net assets, all of which are guarantees for its controlling subsidiaries [8][29] - There are no overdue guarantees or guarantees involving litigation as of the announcement date [8][29] Group 3 - The company is also set to provide a joint liability guarantee for its wholly-owned subsidiary, Mingzhi Industries Development (Shanghai) Co., Ltd., for a comprehensive credit application to banks, with a total guarantee amount not exceeding RMB 80 million [22][24][40] - This guarantee is intended to support the subsidiary's operational funding needs and is expected to last up to 15 years [24][27] - The board of directors has approved this guarantee proposal, which will also be submitted for shareholder approval [25][28]