江西长运股份有限公司关于 为全资子公司鄱阳县长途汽车运输有限公司 提供担保的实施公告

Core Viewpoint - The company has provided a guarantee for its wholly-owned subsidiary, Poyang Long-distance Bus Transport Co., Ltd., to secure a loan from the Bank of Communications Jiangxi Branch, with a maximum principal amount of RMB 8 million [1][6]. Group 1: Guarantee Details - The guarantee is structured as a joint liability guarantee, covering the principal debt, interest, penalties, and other related costs [5]. - The guarantee period extends three years beyond the maturity date of the last principal debt under the main contract [6]. - The company has previously provided a total of RMB 9 million in guarantees for Poyang Long-distance Bus Transport Co., Ltd. before this announcement [1]. Group 2: Internal Decision-Making Process - On June 19, 2025, the company held its annual shareholders' meeting, approving a proposal to provide guarantees for subsidiary loans within a total limit of RMB 228 million for the year 2025 [2]. - The approved guarantee amount includes RMB 152 million for subsidiaries with an asset-liability ratio below 70% and RMB 76 million for those above [2]. - The management is authorized to adjust the guarantee amounts among subsidiaries based on their asset-liability ratios within the approved limits [2]. Group 3: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the subsidiary's funding needs and aligns with the company's overall interests [7]. - The company maintains effective control over the subsidiary's operations and financial status, ensuring that the risks associated with the guarantee are manageable [7]. Group 4: Board Opinions and Approval - The company's board of directors approved the guarantee proposal with a unanimous vote of 8 in favor and no opposition during the meeting on April 28, 2025 [8]. - The proposal was subsequently ratified at the annual shareholders' meeting on June 19, 2025 [8]. Group 5: Cumulative Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 438 million, representing 47.93% of the latest audited net assets [9]. - The company has no overdue guarantees and does not provide guarantees for controlling shareholders or related parties [9].