Summary of Key Points Core Viewpoint The company, Shengda Metal Resources Co., Ltd., has approved significant guarantees for its subsidiaries, exceeding its audited net assets, indicating a strategic move to support its subsidiaries' financing needs while managing associated risks. Group 1: Guarantee Overview - The company has approved a total guarantee amount not exceeding RMB 6 billion for its subsidiaries, which includes various financing methods such as loans and leasing [2] - The guarantee period is effective from the date of approval until the next annual shareholders' meeting in 2025, allowing for the renewal and extension of existing guarantees [2] - The company has also approved a separate guarantee of up to RMB 2.5 billion from its chairman and his spouse for financing activities, which will not incur any fees or require counter-guarantees [3] Group 2: Guarantee Progress - The company's subsidiary, Inner Mongolia Yindu Mining Co., Ltd., has applied for a credit limit of RMB 220 million from a bank, with the company and its chairman providing joint guarantees [4] - Another subsidiary, Inner Mongolia Guangda Mining Co., Ltd., has applied for a credit limit of RMB 80 million, with the company providing collateral through its equity stake in Yindu Mining [4][5] - The guarantees provided are within the approved limits from the board meeting and shareholders' meeting, ensuring compliance with internal regulations [6] Group 3: Related Party Information - The chairman, Mr. Zhao Qing, holds 2.79% of the company's shares and is considered a related party under stock exchange rules [7] - His spouse, Ms. Li Yuanchun, is also classified as a related party, and both are not listed as dishonest executors [7] Group 4: Financial Metrics - The total approved guarantee amount of RMB 6 billion represents 197.16% of the company's latest audited net assets, while the current balance of guarantees stands at RMB 2.508 billion, accounting for 82.42% of the net assets [12]

Summary of Key Points Core Viewpoint - The announcement details the progress of the guarantee plan for the year 2025 by Gansu Dunhuang Seed Industry Group Co., Ltd, including the total guarantee amount and the status of guarantees provided to its subsidiaries [1][8]. Group 1: Guarantee Plan Overview - The company plans to provide guarantees or counter-guarantees for its wholly-owned and controlling subsidiaries, with a total guarantee amount not exceeding 120 million yuan for the year 2025 [2][8]. - As of June 18, 2025, the cumulative guarantee balance is 40 million yuan [1][8]. - The guarantees are primarily for working capital loans, with specific allocations of 60 million yuan for Jiuquan Dunhuang Seed Industry Baijia Food Co., Ltd, 50 million yuan for Guazhou Dunzhong Cotton Industry Co., Ltd, and 10 million yuan for Gansu Dunhuang Seed Industry Group Jinchang Jincunyuan Agricultural Technology Co., Ltd [2][4]. Group 2: Subsidiary Financials - Jiuquan Dunhuang Seed Industry Baijia Food Co., Ltd has total assets of 123.76 million yuan, total liabilities of 116.92 million yuan, and a net asset of 6.85 million yuan, with a debt-to-asset ratio of 94.47% as of December 31, 2024 [4][7]. - Gansu Dunhuang Seed Industry Group Jinchang Jincunyuan Agricultural Technology Co., Ltd has total assets of 58.18 million yuan, total liabilities of 81.81 million yuan, and a negative net asset of 2.30 million yuan, indicating a high debt-to-asset ratio [4][7]. Group 3: Guarantee Contracts - The guarantees are structured to ensure that the subsidiaries can maintain normal operations, with the risks being manageable and not detrimental to the company or minority shareholders [7][8]. - The guarantees are authorized by the shareholders' meeting and are within the approved limit, with no overdue guarantees reported [8].

Summary of Key Points Core Viewpoint - The announcement details the provision of guarantees by CITIC Metal for its wholly-owned subsidiaries, Ningbo Energy and Metal International, to support their operational financing needs. Group 1: Guarantee Details - CITIC Metal provides a guarantee of up to RMB 700 million for Ningbo Energy, which has an existing guarantee balance of RMB 1.197 billion as of May 31, 2025 [1][2] - Metal Hong Kong, a wholly-owned subsidiary, will provide a guarantee of up to USD 40 million (approximately RMB 287 million) for Metal International, which has an existing guarantee balance of RMB 123 million as of May 31, 2025 [2][3] - The guarantees do not involve any counter-guarantees [2][3] Group 2: Financial Overview of Subsidiaries - Ningbo Energy has total assets of RMB 804.4 million and total liabilities of RMB 615.2 million, resulting in a net asset of RMB 189.2 million [6] - Metal International has total assets of USD 13.9 million and total liabilities of USD 9.3 million, resulting in a net asset of USD 4.6 million [7] Group 3: Approval and Compliance - The guarantees have been approved by the company's board and shareholders, aligning with the approved guarantee limits [4][9] - As of May 31, 2025, the total external guarantees provided by the company and its subsidiaries amount to RMB 131.3 billion and USD 14.24 billion, with actual guarantees of RMB 77.35 billion [10][11]

Summary of Key Points Core Viewpoint - The company has provided a guarantee for its wholly-owned subsidiary, Ribo Fashion Industry (Shanghai) Co., Ltd., to support its daily operations, with a maximum guarantee amount of RMB 50 million [1][5]. Group 1: Guarantee Overview - The guarantee is provided by Ribo Zhisheng Industrial Co., Ltd. for Ribo Fashion Industry (Shanghai) Co., Ltd. [4] - The creditor is Shanghai Bank Co., Ltd. Songjiang Branch [5]. - The guarantee amount is capped at RMB 50 million, with a joint liability guarantee method [5]. - The guarantee period is from June 17, 2025, to October 30, 2026, with a three-year liability period for the guarantor after each debt's maturity [5]. Group 2: Subsidiary Information - Ribo Fashion Industry (Shanghai) Co., Ltd. was established on May 19, 2023, with a registered capital of RMB 10 million [3]. - The company operates in various sectors, including clothing design, manufacturing, and sales, as well as other consumer goods [3]. - The subsidiary's financial data for 2024 shows total assets of RMB 44.4 million, total liabilities of RMB 44.4 million, net assets of RMB 41.7 million, operating income of RMB 11.6 million, and a net profit of RMB 106,300 [4]. Group 3: Guarantee Agreement Details - The total guarantee amount provided by the company and its subsidiaries for Ribo Fashion Industry is RMB 100 million, which is within the approved limit by the shareholders' meeting [4]. - There are no counter-guarantees associated with this guarantee [4]. - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 155 million, which is within the acceptable range of the company's net assets [6].

Core Points - The company held its third temporary board meeting of 2025 on June 18, 2025, with all nine directors present, and the meeting complied with relevant laws and regulations [1] - The board approved the cancellation of previously approved but unimplemented guarantee amounts to effectively manage external guarantee limits [2] - The board agreed to provide a guarantee for Beijing Huasu's application for a fixed asset loan of up to 50 million yuan from Postal Savings Bank, with a loan term not exceeding five years [2][3] - The board approved a capital reduction for Chengdu Wenjiang Guomei Internet Hospital, reducing its registered capital from 100 million yuan to 2 million yuan, with the reduction proportionally shared among shareholders [4][5] - The board approved the payment of 2024 performance bonuses for executives, which will require further approval from the shareholders' meeting [6][7] - The board decided to convene the fourth temporary shareholders' meeting of 2025 on July 4, 2025, with specific voting times and locations outlined [8][9]

Summary of Key Points Core Viewpoint - The company has provided a guarantee for its subsidiary, Yiqingyuan Organic Tea Co., Ltd., to secure a loan of 5 million RMB from China Bank, which is aimed at supporting the subsidiary's operational needs and enhancing its financing efficiency [1][4]. Group 1: Guarantee Overview - The guarantee involves a maximum debt amount of 5 million RMB, secured by certain properties owned by Yiqingyuan Organic located in Changsha County [1][4]. - The guarantee was approved during the 2024 annual shareholders' meeting, allowing the company to provide guarantees up to 1.45 billion RMB for its subsidiaries without further board or shareholder approval [1][2]. Group 2: Subsidiary Information - Yiqingyuan Organic Tea Co., Ltd. is a wholly-owned subsidiary of Hunan Yiqingyuan Tea Co., Ltd., which is 93.27% owned by the company [2][3]. - As of December 31, 2024, Yiqingyuan Organic had total assets of 56.67 million RMB, total liabilities of 47.56 million RMB, and a net asset of 9.11 million RMB, with a revenue of 44.71 million RMB and a net profit of 0.13 million RMB for the year [2][3]. Group 3: Guarantee Details - The guarantee is structured as a mortgage, with a maximum debt period of five years, covering principal, interest, penalties, and other related costs [4][5]. - The total assessed value of the mortgaged properties amounts to approximately 16.68 million RMB, with various industrial properties listed as collateral [4]. Group 4: Board and Risk Assessment - The board has assessed the necessity and reasonableness of the guarantee, emphasizing that it is essential for the subsidiary's operational stability and aligns with the company's overall interests [4][6]. - The company has no overdue external guarantees, and the total amount of external guarantees provided by the company and its subsidiaries is 331 million RMB, representing 9.49% of the latest audited net assets [6].

Core Viewpoint - The company is convening its first extraordinary general meeting of shareholders in 2025 to discuss and approve a proposed increase in the guarantee limit for its subsidiaries, aimed at supporting their operational needs and ensuring business continuity [4][9]. Meeting Agenda - The meeting will take place on June 25, 2025, at 14:45 in Kunshan, Jiangsu Province, and will include a series of procedural steps such as sign-in, announcement of the meeting, discussion of agenda items, and voting [2][3]. Proposed Guarantee Limit - The company proposes to add a guarantee limit of RMB 250 million for the year 2025, with the total expected guarantee amount for the subsidiaries not exceeding RMB 398 million [4][5]. - The guarantee will be valid from the date of approval until the next annual general meeting in 2025, and the actual guarantee amount will depend on the contracts signed [4][5]. Guarantee Details - The guarantees will cover financing activities such as loans, bank acceptance bills, and performance guarantees for the subsidiaries [5][9]. - The company will ensure that the subsidiaries maintain a stable financial condition and will require other shareholders to provide proportional guarantees or counter-guarantees to protect the company's interests [9]. Financial Health of Subsidiaries - The subsidiaries involved in the guarantee have shown stable financial performance, with no overdue guarantee issues reported [9]. - Specific financial metrics for the subsidiaries indicate a healthy operational status, with Jiangsu Langke's asset-liability ratio exceeding 70%, yet maintaining a stable management structure capable of debt repayment [9].

Core Viewpoint - The company has provided guarantees for its subsidiary, Shanghai Dingniu Feed Co., Ltd., totaling 50 million RMB, which will replace previous loan guarantees, and the total guarantee balance for Dingniu Feed is now 120 million RMB [2][4]. Summary by Sections Guarantee Overview - The company has signed a guarantee contract with Bank of Communications Co., Ltd. to provide a guarantee for Dingniu Feed's working capital loan, with a total expected guarantee amount of 150 million RMB for 2025, of which 50 million RMB is for this specific guarantee [3][5]. - After this guarantee, the cumulative guarantee balance for Dingniu Feed is 120 million RMB, leaving a usable guarantee amount of 30 million RMB [4]. Decision-Making Process - The guarantee is part of the expected guarantee scope for 2025, approved by the company's board meeting on March 27, 2025, and the annual shareholders' meeting on June 11, 2025, which agreed to a total guarantee limit of 330 million RMB for subsidiaries, including 150 million RMB for Dingniu Feed [5][6]. Basic Information of the Guaranteed Party - The guaranteed party, Shanghai Dingniu Feed Co., Ltd., has a registered capital of 100 million RMB and is wholly owned by the company [7]. - As of December 31, 2024, Dingniu Feed had total assets of 731.23 million RMB, net assets of 9.47 million RMB, total liabilities of 721.76 million RMB, and a debt-to-asset ratio of 98.71% [8]. Guarantee Contract Details - The guarantee includes three contracts with Bank of Communications, with amounts of 30 million RMB, 10 million RMB, and 10 million RMB, all under joint liability guarantees [9][10][11][12][13][14][15][16][17][18][19][20][21][22]. Necessity and Reasonableness of the Guarantee - The guarantees are necessary to meet the operational needs of the subsidiary and align with the company's overall development strategy, with financial risks considered manageable [23]. Total External Guarantees - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 330 million RMB, with an actual balance of 120 million RMB, representing 6.74% of the company's latest audited net assets [24].

债券简称：鹰 19 转债 债券代码：110063 山鹰国际控股股份公司 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。 为满足山鹰国际控股股份公司（以下简称"公司"）合并报表范围内子公司 的日常生产经营及业务发展需要，公司于 2025 年 4 月 28 日召开第九届董事会第 二十六次会议及第九届监事会第八次会议，于 2025 年 5 月 21 日召开 2024 年年 度股东大会，审议通过《关于 2025 年度担保计划的议案》，同意 2025 年度公司 及合并报表范围内子公司预计对外担保额度不超过人民币 3,146,500 万元，对参 股公司提供担保额度不超过 30,500 万元。其中，为华中山鹰提供总额不超过人 民币 400,000 万元的担保额度；为贵州祥恒包装有限公司（以下简称"贵州祥恒"） 提供总额不超过人民币 5,000 万元的担保额度。扬州祥恒系资产负债率 70%以下 的子公司，本次将贵州祥恒尚未使用的担保额度调剂至扬州祥恒。为浙江供应链 提供总额不超过人民币 90,000 万元的担保额度；为合肥祥恒提供总额不超过人 ...

Core Viewpoint - The company has approved a new guarantee limit of up to 1.43 billion yuan for its subsidiary, Fujian Baotai Leather Co., Ltd., to support its financing needs [1][2]. Summary by Sections Guarantee Overview - The company held its sixth board meeting on April 24, 2025, where it approved a proposal to provide a guarantee limit for its subsidiary [1]. - The total new guarantee limit is set at 1.43 billion yuan, with 400 million yuan specifically allocated for Baotai Leather, valid for 12 months from the shareholder meeting approval date [1]. Financial Support from Banks - Xiamen Bank Zhangzhou Branch has approved a credit limit of 20 million yuan for Baotai Leather, with a three-year term for trade financing and working capital loans, backed by a joint guarantee of up to 30 million yuan from the company and Baotai Leather's director [2][3]. - East Asia Bank Xiamen Branch has approved a credit limit of 50 million yuan for Baotai Leather, with a five-year term for similar financing purposes, supported by a joint guarantee from the company and a shareholder [5]. - CITIC Bank Zhangzhou Branch has also approved a credit limit of 50 million yuan for Baotai Leather, with a one-year term, similarly backed by a joint guarantee [5]. Basic Information of the Guaranteed Entity - Fujian Baotai Leather Co., Ltd. has a registered capital of 200 million yuan and was established on June 10, 2009. It operates in leather tanning and related sales [2][3]. Financial Performance - Baotai Leather's financial data for 2024 and the first quarter of 2025 shows total assets of approximately 729.72 million yuan and 748.54 million yuan, respectively. The total liabilities are around 496.52 million yuan and 513.13 million yuan [4]. - The company reported sales revenue of approximately 709.24 million yuan for 2024 and a net profit of about 13.30 million yuan [4]. Total Guarantee Situation - The company has a total external guarantee amounting to approximately 1.22 billion yuan, with guarantees for wholly-owned subsidiaries accounting for 376.45 million yuan, representing 50.70% of the company's audited net assets for 2024 [6].