Overview - The company, GCL-Poly Energy Holdings Limited, has approved a total credit limit of up to RMB 11.2 billion for the year 2025, along with guarantees for subsidiaries totaling RMB 8.87 billion [1] - The company has also approved additional guarantees for its subsidiaries, including a guarantee of up to RMB 200 million from Hefei GCL Integrated New Energy Technology Co., Ltd. to Wuhu GCL Integrated New Energy Technology Co., Ltd. [1] Guarantee Situation - The company signed a guarantee agreement with Ningbo Rail Yongying Supply Chain Co., Ltd., providing a joint liability guarantee for debts under a framework agreement for the purchase of photovoltaic module raw materials, with a maximum guarantee amount of RMB 200 million [2] - Hefei GCL Integrated New Energy Technology Co., Ltd. and Wuhu GCL Integrated New Energy Technology Co., Ltd. signed a working capital loan agreement with Huishang Bank, with a maximum guarantee amount of RMB 58 million [2] Financial Status of Guaranteed Parties - The financial data of the guaranteed parties as of March 31, 2025, shows total assets, liabilities, and net income, indicating varying financial health among the subsidiaries [3][4][5] - For example, one subsidiary reported total assets of RMB 799.35 million and a net loss of RMB 6.88 million for the first quarter of 2025 [3] Main Content of Guarantee Agreements - The guarantee agreements outline the responsibilities of the company and its subsidiaries in ensuring the payment of debts, including principal, interest, penalties, and other related costs [4][6] Cumulative Guarantee Amounts - As of the announcement date, the total guarantee amount provided by the company and its subsidiaries is RMB 36.31 billion, which is 152.35% of the company's latest audited net assets [6] - The breakdown of guarantees shows that the company has provided a guarantee balance of RMB 17.43 billion to Hefei GCL Integrated New Energy Technology Co., Ltd., which is 73.16% of the company's net assets [6]

Core Viewpoint - Beijing Wajingke Information Technology Co., Ltd. has announced the provision of a guarantee for its wholly-owned subsidiary, Beijing Jiujia Xintong Technology Co., Ltd., to support its operational liquidity needs through a credit facility with Shanghai Pudong Development Bank [2][3][11] Summary by Sections 1. Guarantee Amount Overview - The company approved a guarantee amount not exceeding RMB 150 million for its subsidiaries to apply for financing from banks, with a rolling usage period until the next annual shareholders' meeting [2] 2. Guarantee Progress - The company plans to sign a maximum guarantee contract with Shanghai Pudong Development Bank for Jiujia Xintong's credit application, with the current guarantee balance at RMB 106.42 million and remaining available guarantee amount at RMB 120 million after this provision [3] 3. Basic Information of the Guaranteed Party - Jiujia Xintong was established on March 11, 2016, with a registered capital of RMB 51.11 million, focusing on technology services, software development, and 5G communication technology services [4][5] 4. Financial Data of the Guaranteed Party - As of December 31, 2024, Jiujia Xintong had total assets of RMB 364.82 million, total liabilities of RMB 159.11 million, and net assets of RMB 205.71 million. For Q1 2025, it reported revenue of RMB 144.77 million and a net profit of RMB 13.61 million [7] 5. Guarantee Contract Main Content - The guarantee is a joint liability guarantee with a maximum principal amount of RMB 10 million, covering principal debts, interest, penalties, and related costs [9][10] 6. Board of Directors' Opinion - The board believes that the guarantee for Jiujia Xintong is necessary for its operational liquidity, and the subsidiary has a good credit status and repayment capability, posing controllable financial risks [11] 7. Cumulative External Guarantees - After this guarantee, the total guarantee amount by the company and its subsidiaries is RMB 226.42 million, with the external guarantee balance at RMB 106.42 million, representing 14.67% of the company's audited net assets for 2024 [12]

Transaction Overview - The company plans to acquire 10.27% minority shareholder equity in its subsidiary, Henan Shennma Nylon Chemical Co., Ltd., from the Jinshi Manufacturing Industry Transformation and Upgrading New Materials Fund for a cash consideration of 952 million RMB [1][2][15] - Post-transaction, the company's ownership in the nylon chemical subsidiary will increase from 61.79% to 72.06%, while Jinshi Fund's stake will decrease from 15.66% to 5.39% [1][2] Financial Information - The total assets of Henan Shennma Nylon Chemical Co., Ltd. as of December 31, 2024, were 1,210,761.69 million RMB, with total liabilities of 359,396.23 million RMB, resulting in total equity of 851,365.45 million RMB [5][9] - For the first quarter of 2025, the company's revenue was reported at 158,620.48 million RMB, with a net profit of 1,666.01 million RMB [5][9] Valuation and Pricing - The valuation of the nylon chemical subsidiary was conducted by Beijing Guorong Xinghua Asset Appraisal Co., Ltd., using both asset-based and market approaches, with the asset-based method yielding a total equity value of 927,403.11 million RMB, reflecting a 7.08% increase [9][14] - The agreed transaction price of 952 million RMB corresponds to the assessed value of the 10.27% equity stake, ensuring a fair and reasonable pricing structure [14][15] Impact on the Company - This acquisition is expected to enhance the company's control and operational efficiency over Henan Shennma Nylon Chemical Co., Ltd., thereby improving profitability and competitive strength [21][22] - The transaction will not alter the consolidation scope of the company's financial statements, as the nylon chemical subsidiary is already included [21][22]

Summary of Key Points Core Viewpoint - Shenzhen Shouhang New Energy Co., Ltd. has approved a comprehensive credit limit of up to 8 billion RMB and provided a guarantee of up to 1.5 billion RMB for its wholly-owned subsidiary, Guangdong Shouhang Smart New Energy Technology Co., Ltd. [1] Group 1: Guarantee Overview - The company held board meetings on April 25, 2025, and May 20, 2025, to approve the application for credit and guarantee limits [1] - The guarantee for Guangdong Shouhang is valid for twelve months from the date of approval by the annual general meeting [1] Group 2: Guarantee Progress - The total amount of guarantees provided by the company for Guangdong Shouhang before this guarantee was 1,099.60 million RMB, and after this guarantee, it remains the same, with a remaining available guarantee amount of 400.40 million RMB [2] Group 3: Basic Information of the Guaranteed Party - Guangdong Shouhang engages in various activities including electrical installation services, power generation, and manufacturing of photovoltaic equipment [2] - The audited financials show total revenue of 775.43 million RMB and a net profit of 71.06 million RMB [2] Group 4: Main Content of the Guarantee Agreement - The guarantee amount is set at 200 million RMB, with a guarantee period from August 14, 2025, to July 23, 2026 [3] - The guarantee includes all debts arising during the contract period, including interest and other related costs [3] Group 5: Cumulative Guarantee Amount and Overdue Guarantees - After this guarantee, the total guarantee amount by the company and its subsidiaries is 1,164.60 million RMB, which is 43.94% of the audited net assets as of December 31, 2024 [3] - The total balance of guarantees provided is 208.72 million RMB, accounting for 7.87% of the audited net assets [3] Group 6: Additional Information - The company and its subsidiaries do not have any overdue guarantees or guarantees related to litigation as of the date of this announcement [4]

Core Points - The company has provided guarantees for its subsidiaries, specifically for Liuzhi District Longma Environmental Engineering Co., Ltd. and Fulongma Environmental Services (Fuzhou Cangshan) Co., Ltd. [1][2] - The total guarantee amounts are up to RMB 5 million for Liuzhi District Longma and RMB 1.4869 million for Cangshan Fulongma, with actual guarantees provided being RMB 155.8448 million and RMB 8.0617 million respectively [1][4] - The company has no overdue guarantees and the asset-liability ratios for the guaranteed subsidiaries are below 70% [2][5] Summary of Guarantee Situation - The company has applied for performance guarantees to support the operational needs of its subsidiaries, with specific amounts allocated for each [2][6] - The guarantees are within the limits authorized by the company's shareholders and do not require further approval [4][6] - The company has a total of RMB 228,573,098.20 in guarantees currently being fulfilled, which is 6.84% of the latest audited net assets [5][6] Financial Overview of Guaranteed Subsidiaries - Liuzhi District Longma had total assets of RMB 390.0636 million and net assets of RMB 144.9031 million as of December 31, 2024, with a net profit of RMB 885.73 thousand [4][5] - Cangshan Fulongma had total assets of RMB 69.9208 million and net assets of RMB 26.2053 million as of December 31, 2024, with a net profit of RMB 690.16 thousand [4][5] - As of March 31, 2025, the asset-liability ratios for Liuzhi District Longma and Cangshan Fulongma were 62.94% and 63.49% respectively [5]

Core Viewpoint - Sichuan Jinshi Technology Co., Ltd. plans to apply for a comprehensive credit limit of up to 300 million yuan from banks and financial institutions, providing guarantees for its subsidiaries [1][2][6] Group 1: Credit Application Details - The company and its subsidiaries intend to apply for a total credit limit not exceeding 300 million yuan, which includes various types of financing such as working capital loans and bank acceptance bills [2][5] - The previously approved credit limit of 300 million yuan from CITIC Bank is valid until December 18, 2025 [1][2] Group 2: Guarantee Information - The company will provide a guarantee of up to 200 million yuan for its subsidiaries, including Sichuan Jinshi Hengding Technology Co., Ltd., Sichuan Jinshi New Energy Technology Co., Ltd., and Jinshi Zhongneng New Energy Investment (Shenzhen) Co., Ltd. [2][3] - The guarantee is valid for one year from the date of board approval, allowing for adjustments based on the subsidiaries' actual business needs [2][5] Group 3: Subsidiary Information - Sichuan Jinshi Hengding Technology Co., Ltd. has a registered capital of 50 million yuan and focuses on emerging energy technology research and development [3][4] - Sichuan Jinshi New Energy Technology Co., Ltd. has a registered capital of 65.73 million yuan and is involved in new materials technology research and battery manufacturing [4][5] - Jinshi Zhongneng New Energy Investment (Shenzhen) Co., Ltd. has a registered capital of 35 million yuan and is engaged in new energy equipment manufacturing [5] Group 4: Financial and Credit Status - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is 11.279 million yuan, accounting for 0.59% of the latest audited net assets [6] - None of the subsidiaries are listed as dishonest executors, indicating a stable credit status [4][5][6]

Group 1 - The company has completed the issuance of the second phase of technology innovation bonds for the year 2025, with a registered amount of RMB 40 billion, valid for two years from March 20, 2025 [1][2] - The first phase of medium-term notes was issued in April 2025, totaling RMB 5 billion [1] - The company’s affiliate, Fosun United Health Insurance Co., Ltd., participated in the subscription of the second phase of debt financing tools, with a final allocation of RMB 30 million [1] Group 2 - On August 7, 2025, the company’s subsidiary, Nantong Jianjia, signed a loan agreement with Nantong Rural Commercial Bank for RMB 20 million, with a loan term from July 23, 2025, to December 21, 2028 [6] - The company provided a joint liability guarantee for the loan, with a guarantee period of three years after the loan repayment deadline [6][10] - The company has approved a total guarantee limit of RMB 35,048 million, which includes guarantees for its subsidiaries [11][30] Group 3 - As of August 8, 2025, the total amount of external guarantees provided by the group is approximately RMB 23,930 million, accounting for 50.64% of the net assets attributable to shareholders as of December 31, 2024 [30] - There are no overdue guarantee matters as of the same date [31]

Group 1 - The company has completed the issuance of the second phase of technology innovation bonds for the year 2025, with a total registered amount of RMB 40 billion, valid for two years from March 20, 2025 [1][2] - The first phase of medium-term notes was issued in April 2025, totaling RMB 5 billion [1] - The company’s affiliate, Fosun United Health Insurance Co., Ltd., participated in the subscription of the second phase of debt financing tools, with a final allocation amount of RMB 30 million [1] Group 2 - On August 7, 2025, the company’s subsidiary, Nantong Jianjia, signed a loan agreement with Nantong Rural Commercial Bank for RMB 20 million, with a loan term from July 23, 2025, to December 21, 2028 [6] - The company provided a joint liability guarantee for the loan, with a guarantee period of three years after the debt performance period [6][12] - The company has also signed several guarantee contracts for its subsidiaries, including a maximum joint liability guarantee for RMB 5.5 million and RMB 11 million for other subsidiaries [7][19] Group 3 - As of August 8, 2025, the total external guarantee amount by the group is approximately RMB 23.93 billion, accounting for 50.64% of the net assets attributable to shareholders as of December 31, 2024 [31] - There are no overdue guarantee matters as of the same date [31]

Group 1 - The company provided a guarantee for its wholly-owned subsidiary, Mosi International Holdings Limited, to meet its financing needs, with a total guarantee amount not exceeding RMB 4 billion [2][5] - The internal decision-making process for the guarantee was approved in meetings held on April 24, 2025, and May 16, 2025, by the board of directors and the annual general meeting [2][3] - The guarantee is within the approved limit and does not require additional internal decision-making procedures [3] Group 2 - Mosi International Holdings Limited, established on October 13, 2017, is a wholly-owned subsidiary of the company, with a registered capital of RMB 100 million [4] - The company holds 100% equity in Mosi International, which has a good credit status and is not a defaulter [4][5] - The guarantee provided by the company covers all debts incurred by Mosi International under the credit agreement with China Everbright Bank [5] Group 3 - The total amount of guarantees provided by the company to its wholly-owned subsidiaries after this guarantee will be RMB 1.68 billion, accounting for 37.19% of the company's audited net assets for 2024 [5] - The balance of guarantees to wholly-owned subsidiaries will be RMB 1.0406115 billion, accounting for 23.03% of the company's audited net assets for 2024 [5] - As of the announcement date, the company and its wholly-owned subsidiaries have no guarantees provided to entities outside the consolidated financial statements, nor any overdue debts related to guarantees [5] Group 4 - The company has initiated a share repurchase plan to address its equity distribution issue, with a total repurchase amount between RMB 12 million and RMB 24 million [7][8] - As of July 18, 2025, the company has repurchased 4,265,977 shares, accounting for 1.07% of the total share capital before the repurchase [8][9] - The company plans to complete the capital reserve transfer to increase share capital by August 21, 2025, to meet listing conditions [10][11]

Group 1 - The company has signed a maximum guarantee contract with Industrial Bank Co., Ltd. Wenzhou Branch to provide a joint liability guarantee for a bank credit limit of 44 million yuan for its wholly-owned subsidiary, Zhejiang Fuda Alloy Material Technology Co., Ltd. [2][4] - The guarantee period is three years from the expiration of the debt performance period under the main contract [7][11]. - The company has approved a total credit limit of up to 2.8 billion yuan for 2025, which can be used for mutual guarantees among the company and its subsidiaries [3][12]. Group 2 - As of the announcement date, the total guarantee balance for the company and its subsidiaries is 1.2201591 billion yuan, accounting for 125.67% of the latest audited net assets [13]. - The total guarantee amount is 1.969 billion yuan, which represents 202.80% of the latest audited net assets [13]. - All guarantees provided are for wholly-owned subsidiaries, and there are no overdue guarantees [13].