Group 1 - The company plans to provide guarantees for its wholly-owned subsidiaries to meet funding needs and business development for 2026 [2][11] - The guarantee plan has been approved by the company's board and will be submitted to the first extraordinary general meeting of shareholders in 2026 for further approval [3][30] - The total amount of guarantees provided by the company and its subsidiaries is RMB 142,679.49 million and USD 10 million, accounting for 54.46% of the company's latest audited equity attributable to shareholders [11] Group 2 - The company has set a comprehensive credit limit of RMB 50,000 million for Tianjin Meike and Tianjin Processing for 2026, which includes various financing activities [5][7] - Other subsidiaries have also been allocated specific credit limits, such as RMB 30,000 million for Meike Shuchuang and RMB 3,000 million for Beijing Sales [7][9] - The guarantees will include third-party joint liability guarantees, asset pledges, and intangible asset pledges, with specific terms to be defined in contracts [5][9] Group 3 - The company’s board believes that the guarantees are a reasonable business practice that supports the development of its subsidiaries and reduces funding costs [11][30] - The company maintains control over the financial and operational aspects of the subsidiaries, which allows for manageable risk associated with the guarantees [11][30] - There are no overdue guarantees reported as of the announcement date, indicating a stable financial position [11]

Group 1: Core Points - The company announced that there were no new guarantees added in July 2025 under its annual guarantee plan [1] - The company provided a guarantee of 3.15 million yuan for its 31.5% owned subsidiary, Chongqing Keerke New Materials Co., Ltd., which is backed by the subsidiary's construction projects and land use rights [1][2] - As of July 31, 2025, the total guarantee balance of the company and its subsidiaries was 1.215 billion yuan, representing 29.35% of the company's audited net assets attributable to shareholders for the fiscal year 2024 [2][5] Group 2: Guarantee Plan Overview - The 2025 annual guarantee plan was approved with a total new guarantee amount not exceeding 1.95 billion yuan, with specific allocations for wholly-owned and controlling subsidiaries [2][4] - The plan includes guarantees for five wholly-owned subsidiaries totaling 750 million yuan and one controlling subsidiary totaling 200 million yuan [2][4] - The company has the authority to manage these guarantees through its general manager's office until the next shareholders' meeting [4] Group 3: Guarantee Progress and Necessity - In July 2025, the company’s wholly-owned subsidiary repaid a loan of 167,300 yuan, thereby releasing the corresponding guarantee responsibility [3] - The guarantees are deemed necessary and reasonable to meet the funding needs of the subsidiaries, which are under the company's effective control [4] - The board of directors confirmed that the overall guarantee risk is controllable and will not adversely affect the company's normal operations or financial status [4][5] Group 4: Upcoming Investor Communication - The company will hold a half-year performance briefing on August 25, 2025, to discuss its operating results and financial status for the first half of 2025 [7][8] - Investors can submit questions for the briefing from August 18 to August 22, 2025, through the Shanghai Stock Exchange Roadshow Center [9][10] - The briefing will be conducted in an interactive online format, allowing for real-time communication with investors [9][10]

Summary of Key Points Core Viewpoint - The announcement details the progress of the 2025 guarantee plan for Chongqing Three Gorges Water Conservancy Electric Power (Group) Co., Ltd, indicating no new guarantees were added in July 2025 and outlining the existing guarantees and their necessity for operational funding [1][3]. Group 1: Guarantee Plan Overview - The 2025 guarantee plan was approved with a total new guarantee amount not exceeding 1.95 billion yuan, with specific allocations for wholly-owned and controlling subsidiaries [2][3]. - As of July 31, 2025, the cumulative guarantee balance for the company and its subsidiaries was 1.215 billion yuan, with a total guarantee amount of 3.2368318 billion yuan, including unused amounts from the 2025 plan [2][4]. Group 2: Necessity and Reasonableness of Guarantees - The 2025 guarantee plan is deemed necessary based on actual operational needs and funding arrangements, ensuring that all guaranteed entities are wholly-owned or controlling subsidiaries, which allows for effective monitoring and management [3][4]. - The board of directors confirmed that the operational status of the guaranteed entities is stable and that the overall guarantee risk is controllable, not adversely affecting the company's normal operations or financial condition [3][4]. Group 3: Board of Directors' Opinion - The board of directors approved the guarantee plan, emphasizing the importance of meeting the funding needs of subsidiaries for sustainable development [3][4]. - The authorization for the general manager's office to handle the guarantee matters was also agreed upon, with the plan effective until the next shareholders' meeting [3].