Tianjin TEDA Co., Ltd.(SZ:000652) Shang Hai Zheng Quan Bao·2026-02-12 18:00Summary of Key Points Core Viewpoint - The company, Tianjin TEDA Resource Recycling Group Co., Ltd., has announced that it will provide guarantees for its subsidiary, Caofeidian Run Electric Environmental Protection Co., Ltd., to secure financing from financial institutions for operational needs [3][13]. Group 1: Guarantee Overview - Caofeidian Run Electric Environmental Protection Co., Ltd. has applied for financing of 30 million yuan from TEDA Leasing Co., Ltd. for a term of 36 months, with the company providing a joint liability guarantee [3]. - The company will also provide a guarantee of 7 million yuan for financing from China Construction Bank for a term of 12 months, with its second-level subsidiary, Tianjin Run Tai Environmental Protection Co., Ltd., providing the guarantee [3]. Group 2: Guarantee Amount and Approval - The total guarantee amount approved for Caofeidian Run Electric Environmental Protection Co., Ltd. for 2026 is 36 million yuan, with a remaining balance of 10.06 million yuan after this guarantee [4]. - The total guarantee amount for Tianjin Run Tai Environmental Protection Co., Ltd. is 35 million yuan, with a remaining balance of 6.99 million yuan after this guarantee [4]. Group 3: Financial Data and Risk Assessment - The company has a total guarantee balance of 11.638 billion yuan, which accounts for 202.89% of the latest audited net assets [2][13]. - The board of directors believes that the risks associated with the guarantees are controllable, given the asset quality of the guaranteed subsidiary [13].