CXJG(SZ:002547) Shang Hai Zheng Quan Bao·2026-02-06 19:31Core Viewpoint - The company, Suzhou Chunxing Precision Industry Co., Ltd., has announced the provision of guarantees by its wholly-owned subsidiary, Jinzhai Chunxing, amounting to a total of 167 million yuan, which is subject to approval by the annual shareholders' meeting in 2024 [3]. Group 1: Guarantee Overview - The company approved a guarantee limit of up to 167 million yuan for its subsidiaries during meetings held on April 23, 2025, and May 16, 2025 [3]. - Jinzhai Chunxing has provided a guarantee of 58.5 million yuan for a credit facility from China Merchants Bank, which has been approved by its shareholders [3]. Group 2: Basic Information of the Guaranteed Party - The guaranteed party, Suzhou Chunxing Precision Industry Co., Ltd., was established on September 25, 2001, with a registered capital of 1.128 billion yuan [4]. - The company specializes in the research, development, manufacturing, and sales of communication system equipment, consumer electronic components, and precision aluminum alloy components for automotive applications [4]. Group 3: Contract Details - The credit agreement with China Merchants Bank has a total credit amount of 58.5 million yuan, valid for 11 months from January 28, 2026, to December 4, 2026 [5]. - The maximum mortgage contract specifies that Jinzhai Chunxing will use its assets as collateral for the credit facility [5]. Group 4: Guarantee Amounts - As of the announcement date, the total approved external guarantees by the company and its subsidiaries amount to 440.56 million yuan, which is 9058.59% of the company's latest audited net assets [6]. - The actual external guarantee balance is 229.40 million yuan, representing 4716.72% of the company's latest audited net assets [6]. Group 5: Additional Guarantee Information - The company has provided a counter-guarantee for 84.096 million yuan related to land and factory repurchase and rent services for its subsidiary, Yuansheng Zhihui [7]. - There are currently no overdue external guarantees or litigation-related guarantees affecting the company [7].