THTF(SH:600100) Shang Hai Zheng Quan Bao·2026-02-27 21:41Core Viewpoint - The company announces the provision of mutual guarantees among its wholly-owned and controlling subsidiaries to support their operational and business development needs for the year 2025, with a focus on enhancing financing efficiency and reducing costs [1][6]. Group 1: Guarantee Details - The company plans to provide mutual financing guarantees among its wholly-owned and controlling subsidiaries, with the total guarantee amounting to 52.9932 million yuan, which represents 0.32% of the latest audited net assets attributable to shareholders [8]. - The guarantees will be executed under the authorization of the company's board of directors and will cover both existing and new debt financing for the subsidiaries [7]. Group 2: Decision-Making Process - The mutual guarantee plan was approved during the 17th meeting of the 9th Board of Directors and the 2024 Annual General Meeting, allowing the chairman or president to execute specific guarantee matters within the approved limits [7]. - The authorization period for these guarantees extends from the approval date at the 2024 Annual General Meeting until the next annual meeting's approval of related guarantee proposals [7]. Group 3: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary to meet the operational needs of the company and its subsidiaries, aligning with the overall development strategy and benefiting the company's interests [6]. - The company maintains control over the operational management and financial status of the guaranteed subsidiaries, ensuring that the risks associated with these guarantees are manageable [6].