于2025年11月11日，本公司与昆明市水务集团签订了《融资担保框架协议》(框架协议)，由昆明市水务 集团为本公司及本公司绝对控股的附属公司的贷款/授信单方面额外增加提供累计不超过人民币5亿元的 担保额度，该担保额度可循环使用。担保范围为本公司及本公司绝对控股的附属公司签订的融资合同及 昆明市水务集团依据框架协议而与金融机构签订的保证合同/条款项下的全部债务，包括但不限于贷款/ 授信本金、利息、罚(复)息、违约金、损害赔偿金及各项从属费用。担保期限以与金融机构签订的担保 协议为准。框架协议下的担保事项不收取担保费用，同时本公司及本公司绝对控股的附属公司也无需提 供反担保措施。 滇池水务(03768)发布公告，根据融资互保协议，截至本公告日期，本公司为昆明市水务集团及其绝对 控股的附属公司提供的人民币5亿元的贷款/授信担保金额上限已使用约人民币2亿元(其中约人民币1亿 元已由昆明市水务集团及其绝对控股的附属公司根据其与金融机构签订的借贷协议履行完还本付息义 务，尚有人民币1亿元仍处于正常履约期)，而昆明市水务集团为本公司及本公司绝对控股的附属公司提 供的人民币5亿元贷款/授信担保金额上限已使用完毕(该等贷款/授 ...

Core Viewpoint - The company announced that its subsidiary will provide guarantees for financing arrangements to support business development, with a total guarantee amount not exceeding 70.57 million yuan [2][6]. Summary by Sections Guarantee Overview - The company’s wholly-owned subsidiary, Rongsheng (Xuzhou) Real Estate Development Co., Ltd., plans to collaborate with Ding Wenqiang for a financing amount not exceeding 70.57 million yuan, with a guarantee period of no more than 45 months [2]. Guarantee Amount Usage - The total guarantee amount is capped at 70.57 million yuan, which will be secured by assets from another subsidiary, Xuzhou Rongkai Real Estate Co., Ltd. [2]. Basic Information of the Guaranteed Party - The guaranteed party, Rongsheng Xuzhou, was established on February 14, 2006, and is located in Xuzhou, China [5]. Main Content of the Guarantee - The guarantee involves a mortgage agreement between Rongsheng Xuzhou, Xuzhou Rongkai, and Ding Wenqiang, covering the principal and interest of the loan [6]. Board of Directors' Opinion - The board believes that the guarantee is within the approved annual guarantee plan and does not harm the interests of the company or its shareholders, as Rongsheng Xuzhou has sufficient capacity to repay the financing [6]. Total External Guarantees and Overdue Guarantees - As of the announcement date, the company’s total actual guarantees amount to 44.22 billion yuan, which is 297.68% of the latest audited net assets. The guarantees to external entities amount to 7.755 billion yuan, representing 52.21% of the latest audited net assets, with overdue guarantees totaling 11.411 billion yuan [6].

Group 1 - HNA Holding announced a financing lease contract with Huaxia Financial Leasing for aircraft maintenance equipment, with a guarantee amount not exceeding 80 million RMB [1] - As of the announcement date, the total guarantee amount provided by the company to its subsidiaries is approximately 2.483 billion RMB, which accounts for 109.25% of the company's audited net assets for the fiscal year 2024 [1] - For the first half of 2025, the revenue composition of HNA Holding is as follows: passenger revenue accounts for 87.52%, other business accounts for 8.12%, and cargo and excess baggage revenue accounts for 4.36% [1] Group 2 - The market capitalization of HNA Holding is currently 79.1 billion RMB [2]

Core Viewpoint - The company plans to apply for a comprehensive credit line of up to 650 million yuan from financial institutions by 2025, with a total guarantee amount of 497 million yuan, which represents 441.07% of the latest audited net assets attributable to the parent company [1] Group 1 - The company and its subsidiaries will provide a cumulative guarantee limit of no more than 650 million yuan, valid for 12 months [1] - The wholly-owned subsidiary, Guangzheng New Vision, has initiated a financing lease business of 10 million yuan, with the company providing joint liability guarantees [1] - New Vision Eye Hospital has applied for a credit limit of 20 million yuan, with the company and Guangzheng New Vision providing joint liability guarantees [1]

Core Insights - Recent reports indicate that borrowers are facing exorbitant annualized interest rates exceeding 2000% through short-term online loans, with additional fees charged by multiple guarantee companies [1][2][3] - The phenomenon of "double guarantee" involving licensed financing guarantee companies has resurfaced, raising concerns about the legality and ethics of these lending practices [1][8] Group 1: Loan Characteristics - Borrowers are experiencing "high-interest" online loans with terms as short as 7 to 14 days, reminiscent of the previously exposed "714 high-interest loans" [2][12] - Specific cases reveal that borrowers like Zhao Ming and Qian Xiao received only a fraction of their loan amounts after immediate deductions by guarantee companies, leading to annualized interest rates of 1132.65% and 2200.86% respectively [3][5][12] Group 2: Guarantee Companies' Role - Financing guarantee companies such as Liaoning Guoxin Financing Guarantee Co. and Zhongrong Guoyuan Financing Guarantee Co. are involved in these transactions, often deducting significant amounts from the loan as "guarantee fees" [8][11] - These companies are licensed entities under local financial regulations, yet their practices raise questions about compliance with legal standards regarding loan interest and fees [11][12] Group 3: Regulatory Environment - The "Assisted Loan New Regulations" implemented in October 2025 aim to regulate the fees charged by guarantee companies, prohibiting disguised price increases and setting a cap on interest rates [30][31] - Complaints regarding financing guarantee companies have surged, with issues such as unauthorized deductions and high-interest rates being frequently reported [32][33] Group 4: Borrower Protections - Borrowers are advised to preserve evidence of their loan agreements and transaction records, and to report any irregularities to financial regulatory authorities [34] - Legal avenues are available for borrowers to challenge excessive interest rates, as stipulated by the Civil Code of the People's Republic of China [34][35]

Core Viewpoint - The company has provided a guarantee for its subsidiary Shanghai Runliuchir Technology Co., Ltd. to support its financing lease business, which is essential for the subsidiary's operational development and financial structure optimization [2][7][8]. Summary by Sections Guarantee Object and Basic Situation - The company signed a financing lease framework contract and related agreements with Haitong Hengxin International Leasing Co., Ltd. and Haitong Hengxin Micro Financing Leasing (Shanghai) Co., Ltd. on October 29, 2025, to support its subsidiary's operational needs [1][2]. Cumulative Guarantee Situation - The maximum liability guarantee provided by the company for Shanghai Runliuchir's financing lease business is capped at RMB 40,348,000.00, valid from October 29, 2025, to March 31, 2027 [2][4]. Internal Decision-Making Process - The company held board meetings and a shareholders' meeting in September 2025 to approve the guarantee for the subsidiary's financing lease business, with a guarantee limit of up to RMB 30,000,000.00 [2][8]. Basic Situation of the Guaranteed Party - Shanghai Runliuchir is a controlled subsidiary of the company and is not listed as a dishonest executor as of the announcement date [2][3]. Main Content of the Guarantee Agreement - The guarantee includes all debts owed by the debtor under the main contract, including rent and other payments, with a guarantee period extending for three years from the maturity of each debt [5][6]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to meet the operational needs of Shanghai Runliuchir, allowing it to broaden financing channels and optimize its financial structure, which aligns with the company's overall interests and development strategy [7][8]. Board of Directors' Opinion - The board believes that the guarantee will not adversely affect the company's operations and is in the best interest of all shareholders, including minority shareholders [8]. Cumulative External Guarantee Amount and Overdue Guarantees - As of the announcement date, the total guarantee amount by the company and its subsidiaries is RMB 234,400,000.00, accounting for 73.07% of the company's audited net assets for 2024, with no overdue guarantees reported [9].

Core Viewpoint - The company, Guangzhou Ruoyuchen Technology Co., Ltd., has approved a total credit limit application of up to RMB 900 million and an asset pool business of up to RMB 400 million for 2025, with guarantees provided among subsidiaries [1]. Group 1: Guarantee Overview - The company has signed external guarantee agreements with Zheshang Bank Guangzhou Branch, issuing financing guarantees in Japanese Yen, totaling approximately RMB 40 million [2]. - The guarantees are specifically for the wholly-owned subsidiary Hengmeikang (International) Co., Ltd. to facilitate financing needs [4]. Group 2: Guarantee Details - The guarantees include amounts of 219,468,400 JPY (approximately RMB 10.62 million), 207,066,208 JPY (approximately RMB 10.01 million), 207,992,247 JPY (approximately RMB 9.88 million), and 214,199,619 JPY (approximately RMB 9.98 million) [2][5][7][11]. - Each guarantee has a maximum financing term of 365 days and is subject to a guarantee fee rate of 1.3% per annum [5][7][11]. Group 3: Financial Impact - After this guarantee, the total approved external guarantees amount to RMB 900 million, which represents 105.92% of the company's net assets attributable to shareholders as of June 30, 2025 [13]. - The total balance of external guarantees provided by the company and its subsidiaries is RMB 40.50 million, accounting for 4.77% of the latest audited net assets [13].

Group 1 - The company will hold its third extraordinary general meeting of shareholders on November 10, 2025 [2][6] - The meeting will utilize a combination of on-site and online voting methods [2][3] - The online voting will be conducted through the Shanghai Stock Exchange's system, available from 9:15 AM to 3:00 PM on the day of the meeting [3][4] Group 2 - The company has successfully signed a subcontract for the Saudi Qiddiya Cultural and Arts Center project, with a contract value of 649.43 million Saudi Riyals (approximately 1.23 billion RMB), accounting for 6.7% of the company's latest audited revenue [21][22] - This project is part of Saudi Arabia's Vision 2030 and aims to create a landmark venue for performing arts [22][26] - The project is expected to positively impact the company's future performance and reflects the recognition of the "Jinggong International" brand in the Saudi market [21][27] Group 3 - The company plans to provide financing guarantees for its controlled enterprises, including Jinggong Industrial Building System Group Co., Ltd., Zhejiang Jinggong Steel Structure Group Co., Ltd., and Jinggong International Steel Structure Co., Ltd. [38][39] - The total amount of external financing guarantees provided by the company and its subsidiaries is 611.79 million RMB, which accounts for 68.42% of the company's latest audited equity attributable to shareholders [43]

Core Viewpoint - The company announced that its wholly-owned subsidiary, Haide Asset Management, signed a 360 million yuan working capital loan agreement with Hainan Bank, with the company providing joint liability guarantee for the loan [1] Group 1: Loan Agreement and Guarantees - The loan amount is 360 million yuan, and the company has provided a joint liability guarantee for this borrowing [1] - The company approved a total guarantee limit of up to 8 billion yuan on April 28 and May 19, 2025 [1] - After this guarantee, the total guarantee balance for the company and its controlling subsidiaries will be 3.136 billion yuan, accounting for 60% of the most recent audited net assets [1] Group 2: Financial Performance - As of June 30, 2025, Haide Asset Management had total assets of 7.824 billion yuan [1] - The revenue for the first half of 2025 was 268 million yuan, with a net profit of 18 million yuan [1] - Cumulative mortgaged and pledged assets will exceed 30% of total assets [1]

Core Viewpoint - Zhejiang Fida Environmental Technology Co., Ltd. plans to provide a total bank financing guarantee of 140 million yuan to its ten wholly-owned subsidiaries to alleviate financial pressure and expand financing sources [1][2]. Summary by Sections Guarantee Overview - The company’s subsidiary, Zhejing Fuchun Ziguang Environmental Co., Ltd., will provide guarantees to ten wholly-owned subsidiaries, with a total amount of 140 million yuan [2][5]. - The breakdown of the guarantee includes 20 million yuan for four subsidiaries (Deqing Ziguang, Rui'an Ziguang, Songyang Ziguang, and Qingtian Ziguang) and 10 million yuan for the remaining six subsidiaries [2][5]. Internal Decision-Making Process - The board of directors approved the guarantee proposal with unanimous consent during the meeting held on October 21, 2025, and it will be submitted for shareholder approval [6][17]. Financial Health of Subsidiaries - The majority of the subsidiaries have a debt-to-asset ratio below 70%, indicating strong repayment capabilities, except for Linhai Ziguang, which has a debt-to-asset ratio of 81.30% [16][17]. - The total amount of guarantees provided by the company to its subsidiaries, including this new guarantee, amounts to 233.5 million yuan, which is 53.57% of the company's latest audited net assets [4][17]. Upcoming Shareholder Meeting - The company will hold its third extraordinary general meeting on November 10, 2025, to discuss the guarantee proposal and other matters [19][39].