Summary of Key Points Core Viewpoint - The company has announced a guarantee plan for its subsidiaries, with a total expected guarantee amount of up to RMB 16.7 billion for the year 2025, aimed at supporting the operational needs of its wholly-owned subsidiaries [1][9]. Group 1: Guarantee Overview - As of July 31, 2025, the company provided guarantees totaling RMB 300.8 million to its wholly-owned subsidiaries within the approved limit for the year [1]. - The board of directors approved the guarantee limit of RMB 16.7 billion during meetings held on April 25 and May 16, 2025, which includes guarantees for subsidiaries with asset-liability ratios above and below 70% [1][9]. Group 2: Guarantee Details - The company has entered into guarantee agreements with two subsidiaries: Ordos Junzheng and Junzheng Chemical, with guarantee amounts of RMB 20 million and RMB 108 million respectively [3][5]. - The guarantees cover a range of obligations including principal, interest, penalties, and other costs associated with the debts of the subsidiaries [4][6]. Group 3: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary to meet the operational funding needs of the subsidiaries and align with the company's overall interests and development strategy [7]. - The company maintains control over the management and financial aspects of the subsidiaries, ensuring that the risks associated with the guarantees are manageable and do not harm the interests of the company and its shareholders [9]. Group 4: Cumulative Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amounted to RMB 7.968 billion, representing 29.25% of the company's latest audited equity attributable to shareholders [9]. - The guarantees provided to subsidiaries total RMB 5.427 billion, accounting for 19.92% of the same equity, with no overdue guarantees reported [9].

Core Viewpoint - The company has approved guarantees for its subsidiaries to support their financing needs, totaling up to RMB 70,150 million, which is expected to facilitate their operational development [11]. Group 1: Board Meeting Summary - The sixth board meeting of the company was held on August 1, 2025, with all nine directors present, and the meeting complied with relevant regulations [1][2]. - The board unanimously approved three proposals to provide guarantees for its subsidiaries: RMB 56,000 million for Jiaozuo Hanhe Cable Co., Ltd., RMB 12,151 million for Xiuwu Cable Co., Ltd., and RMB 2,000 million for Qingdao Duko New Materials Co., Ltd. [2][5][8]. Group 2: Guarantee Details - The total guarantee amount approved is RMB 70,150 million, which includes specific amounts for each subsidiary [11]. - The guarantees are intended to support the subsidiaries' daily operations and financing needs, with the board authorizing the chairman to sign specific agreements within the approved limits [11][17]. - The guarantees do not require shareholder approval as they fall within the board's decision-making authority [12]. Group 3: Financial Status of Subsidiaries - Jiaozuo Hanhe Cable Co., Ltd. has total assets of RMB 193,646 million and net assets of RMB 78,044 million as of May 31, 2025, with a net profit of RMB 356 million for the first five months of 2025 [13]. - Xiuwu Cable Co., Ltd. has total assets of RMB 31,025 million and net assets of RMB 21,042 million as of May 31, 2025, with a net profit of RMB 1,168 million for the first five months of 2025 [15]. - Qingdao Duko New Materials Co., Ltd. has total assets of RMB 3,751 million and net assets of RMB 1,360 million as of May 31, 2025, but reported a net loss of RMB 587 million for the first five months of 2025 [16]. Group 4: Overall Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 73,150 million, with a remaining guarantee balance of RMB 29,081.17 million [20]. - After the new guarantees, the cumulative external guarantee total will reach RMB 143,300 million, representing 17.64% of the company's audited net assets for 2024 [20].

Summary of Key Points Core Viewpoint - The company, Chen Kemin Food Co., Ltd., has disclosed its guarantee situation, indicating a significant amount of mutual guarantees among its subsidiaries, which raises concerns about financial risk management [2][3]. Group 1: Guarantee Overview - As of July 31, 2025, the total amount of mutual guarantees among the company and its subsidiaries is 138,695.75 million RMB, accounting for 56.92% of the company's latest audited net assets [2][6]. - The company has provided guarantees of 23,801.99 million RMB for subsidiaries with a debt-to-asset ratio above 70%, and 114,893.76 million RMB for those below 70% [2]. - The company has not provided guarantees for entities outside the consolidated financial statements and has no overdue guarantees [2][7]. Group 2: Internal Decision-Making Process - The company held board and supervisory meetings on January 2, 2025, and a temporary shareholders' meeting on January 20, 2025, to approve the guarantee limits for the year [3]. - The total guarantee limit for 2025 is set at 3.2 billion RMB, with specific allocations for subsidiaries based on their debt-to-asset ratios [3]. Group 3: Guarantee Progress - On July 28, 2025, the company provided a joint liability guarantee of 10 million RMB for a loan to Huixian Xingjiang Muge Breeding Co., Ltd. from Lanzhou Bank [4]. - The loan contract has not yet been disbursed as of July [4]. Group 4: No Overdue Guarantees - The company has confirmed that there are no overdue guarantees or any legal issues related to guarantees that would result in financial losses [7].

Summary of Key Points Core Viewpoint - The company has approved a guarantee amounting to a total of RMB 422,100 million for its wholly-owned and controlling subsidiaries to address liquidity issues and support their development [1][2]. Group 1: Guarantee Overview - As of July 2025, the total guarantee amount provided to the subsidiaries is RMB 240,068.37 million, which includes previously provided guarantees of RMB 223,804.44 million and a new guarantee of RMB 16,263.93 million [1]. - The company will provide joint liability guarantees for its subsidiaries to apply for credit facilities from financial institutions [1][2]. Group 2: Internal Decision-Making Process - The guarantee proposal was approved by the company's board on April 24, 2025, with a unanimous vote of 11 in favor [2]. - The proposal was subsequently ratified at the annual shareholders' meeting on May 27, 2025 [2]. Group 3: Necessity and Reasonableness of Guarantees - The loans guaranteed by the company are essential for the project construction and daily operations of the subsidiaries, which aligns with the company's overall development strategy [5][6]. - The company maintains real-time monitoring of the cash flow and financial changes of its subsidiaries, ensuring that risks remain within controllable limits [5][6]. Group 4: Financial Health and Debt Capacity - The subsidiaries have strong debt repayment capabilities, with the latest asset-liability ratio of Hangzhou RunDa exceeding 70%, indicating a need for support to enhance operational financing [5][6]. - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 512,100 million, with no overdue guarantees reported [7].

Summary of Key Points Core Viewpoint - The company has announced a guarantee agreement with East West Bank to support its subsidiary's financing needs, increasing the total credit limit and adjusting the guarantee amount accordingly [1][3]. Group 1: Guarantee Overview - As of the announcement date, the total external guarantee amount provided by the company and its subsidiaries is $7,824,173.92, equivalent to approximately ¥56,243,300 [1][6]. - The guarantee amount represents 3.53% of the company's audited net assets as of December 31, 2024 [6]. Group 2: Guarantee Details - In October 2023, the company signed a commercial guarantee contract with East West Bank, initially providing a guarantee of $382.50 million for a joint venture, which was later increased to $484.50 million following a terms modification agreement [1][3]. - The guarantee is structured as a joint liability guarantee, effective upon receipt by the lender and remains valid until all obligations are fulfilled [3]. Group 3: Decision-Making Process - The company’s board approved the guarantee at the tenth meeting of the third board on April 28, 2025, and it was ratified at the annual shareholders' meeting on May 20, 2025 [2][5]. - The total guarantee amount for the U.S. joint venture for 2025 is capped at $550,000, which includes existing guarantees [2]. Group 4: Necessity and Reasonableness of Guarantee - The guarantee is deemed necessary and reasonable to support the subsidiary's daily business operations and overall business development [4]. - The company maintains oversight of the subsidiary's financial health, ensuring manageable risk levels [4].

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 担保对象及基本情况 ■ ● 累计担保情况 ■ 2025年7月1日至2025年7月31日，杭州士兰微电子股份有限公司（以下简称"公司"或"本公司"）在年度 预计日常担保额度内实际签署的担保合同如下： ■ 本次担保无反担保。本次担保非关联担保。美卡乐其他股东未提供担保。 截至2025年7月31日，公司为美卡乐提供的担保均为日常担保，实际提供的担保余额为9,092.26万元，担 保余额在公司2024年年度股东大会批准的担保额度范围内；公司日常担保余额为171,944.26万元，剩余 可用担保额度为118,055.74万元，担保余额在公司2024年年度股东大会批准的年度预计日常担保额度范 围内。 （二）本次担保事项履行的内部决策程序 公司于2025年4月17日召开的第八届董事会第三十二次会议和2025年6月12日召开的2024年年度股东大会 审议通过了《关于2025年度对子公司提供日常担保额度的议案》，同意公司在2025年度对资产负债率为 70%以下的主要全资子公司及 ...

Summary of Key Points Core Viewpoint - The company has approved a guarantee of up to 4 billion RMB for its subsidiaries' debt financing in 2025, with specific allocations based on their asset-liability ratios [2]. Group 1: Guarantee Overview and Approval - The company held meetings on April 8 and May 13, 2025, to approve the guarantee for subsidiary debt financing [2]. - The approved guarantee includes a maximum of 3.08 billion RMB for subsidiaries with an asset-liability ratio below 70% and 920 million RMB for those above 70% [2]. - The guarantee for the wholly-owned subsidiary, Beijing I Love My Home Real Estate Brokerage Co., Ltd., is set at 2.24 billion RMB [2]. Group 2: Guarantee Progress - On August 1, 2025, Beijing I Love My Home signed a comprehensive credit agreement with China Everbright Bank, securing a maximum credit limit of 200 million RMB [3]. - The company will provide a joint liability guarantee for this credit agreement, ensuring compliance with the approved guarantee limits [3]. Group 3: Subsidiary Information - Beijing I Love My Home has total assets of 5.46 billion RMB and total liabilities of 2.46 billion RMB as of December 31, 2024 [4]. - As of March 31, 2025, its total assets increased to 7.15 billion RMB, with total liabilities at 4.14 billion RMB [4]. - The subsidiary reported a net profit of 7.06 million RMB for the year 2024 and 2.43 million RMB for the first quarter of 2025 [4]. Group 4: Guarantee Contract Details - The guarantee covers all debts arising from the credit agreement, with a maximum principal balance of 200 million RMB [5]. - The guarantee period is three years from the debt maturity date, with provisions for early maturity due to legal or contractual events [5]. Group 5: Board Opinion - The board believes that the guarantee supports the subsidiary's funding needs and promotes sustainable business development [6]. - The subsidiary's management is deemed sound, and the risks associated with the guarantee are considered manageable [6]. Group 6: External Guarantee Status - The company has no overdue guarantees or guarantees provided to external entities outside the consolidated financial statements [8]. - The total balance of external guarantees after this transaction is 2.04 billion RMB, representing 21.71% of the latest audited net assets [8].

Core Viewpoint - The announcement details the mutual guarantees provided between Chen Ke Ming Food Co., Ltd. and its subsidiaries, highlighting the total guarantee balance and its implications on the company's financial health [2][5]. Group 1: Guarantee Balance and Ratios - As of July 31, 2025, the total mutual guarantee balance between the company and its subsidiaries is 138,695.75 million RMB, which represents 56.92% of the company's most recent audited net assets [2][5]. - The guarantees provided to subsidiaries with a debt-to-asset ratio above 70% amount to 23,801.99 million RMB, while those for subsidiaries with a debt-to-asset ratio below 70% total 114,893.76 million RMB [2]. Group 2: Approval and Limits of Guarantees - The company’s board and supervisory board approved a total guarantee limit of up to 3.2 billion RMB for the year 2025, which includes guarantees for subsidiaries and mutual guarantees among subsidiaries [3]. - The specific limits set are 480 million RMB for subsidiaries with a debt-to-asset ratio above 70% and 2.72 billion RMB for those below 70% [3]. Group 3: Recent Guarantee Activity - On July 28, 2025, the company provided a joint liability guarantee of 10 million RMB for Huixian Xingjiang Muge Breeding Co., Ltd. in a loan agreement with Lanzhou Bank [4]. - There have been no overdue guarantees or guarantees involving litigation or losses incurred due to guarantees as of the announcement date [6][7].

Summary of Key Points Core Viewpoint - The company has announced new guarantees provided to its wholly-owned subsidiaries, indicating ongoing support for their operational needs and financial stability [1][2][26]. Group 1: Guarantee Details - The company provided a guarantee of 27,825.63 million yuan for Jin Neng Chemical (Qingdao) and 52,365.41 million yuan for Jin Shi International Trade (Qingdao) [1]. - The total guarantee balance for all subsidiaries is 1,002,000 million yuan, with an actual used guarantee balance of 584,986.41 million yuan [2][27]. - There are no overdue guarantees reported [4][27]. Group 2: Credit Facilities - Jin Shi International Trade (Qingdao) has opened letters of credit worth 2,824.40 million USD and 1,265 million USD with China Construction Bank [5]. - Jin Neng Chemical (Qingdao) has opened a letter of credit for 8,000 million yuan with China Minsheng Bank [6]. - Jin Neng Chemical (Qingdao) has also opened a letter of credit for 2,607.90 million USD with Rizhao Bank [7]. Group 3: Internal Decision-Making Process - The board of directors approved the guarantee plan during meetings held on March 21, 2025, and April 11, 2025, allowing for a total guarantee amount of up to 15 billion yuan for the year [13][26]. Group 4: Subsidiary Information - Jin Neng Chemical (Qingdao) has total assets of 15,357.29 million yuan and a net profit of 3.37 million yuan as of March 31, 2025 [15]. - Jin Shi International Trade (Qingdao) has total assets of 967.34 million yuan and a net profit of 454,487.45 yuan as of March 31, 2025 [17]. - Jin Neng Chemical (Qihe) has total assets of 737.63 million yuan but reported a net loss of 4.35 million yuan as of March 31, 2025 [19].

Core Viewpoint - Ningbo Shanshan Co., Ltd. has announced its decision to provide guarantees for its subsidiaries to support their financing needs for daily operations in July 2025 [2][5]. Group 1: Guarantee Details - The company will provide a joint liability guarantee for its subsidiary, Shanjin Optoelectronics (Nanjing) Co., Ltd., for a credit limit application of up to 600 million RMB from Jiangsu Bank [2]. - Additionally, the company will guarantee up to 45 million RMB for its subsidiary, Fujian Shanshan Technology Co., Ltd., for a credit limit application from Xiamen Bank [2]. Group 2: Internal Decision-Making Process - The company’s board of directors approved the guarantee proposal during the annual shareholders' meeting on May 16, 2025, allowing for guarantees within the approved limits until the next annual shareholders' meeting [3]. - The subsidiaries involved in the guarantees are wholly owned or majority-owned by the company, ensuring control over their financial and operational management [3]. Group 3: Necessity and Reasonableness of Guarantees - The company is able to monitor the creditworthiness and financial status of the guaranteed subsidiaries, which are currently in good operational condition and capable of repaying debts [5]. - The guarantees are intended to facilitate the subsidiaries' financing needs, thereby ensuring smooth operational activities and enhancing economic efficiency [5]. Group 4: Cumulative Guarantee Information - As of June 30, 2025, the total amount of external guarantees provided by the company and its subsidiaries is approximately 17.21 billion RMB, representing 79.72% of the latest audited net assets attributable to the shareholders of the listed company [5]. - There are no overdue guarantees reported [5].