Group 1 - A new company, Hejian Linsheng Renewable Resources Co., Ltd., has been established with a registered capital of 300,000 RMB [1] - The legal representative of the company is Yang Yanlin [1] - The business scope includes general projects such as recycling of renewable resources (excluding production waste metals), processing of renewable resources, and sales of renewable resources [1] Group 2 - The company is also involved in the manufacturing and retail of automotive parts and accessories [1] - Additional activities include the sale of metal products, rubber products, and the operation of wires and cables [1] - The company is permitted to engage in road cargo transportation (excluding hazardous goods), subject to relevant approvals [1]

Overview - Zhejiang Fuhua Holdings Group Co., Ltd. announced that its wholly-owned subsidiary, Zhejiang Shenlian Environmental Group Co., Ltd., has provided a guarantee for Jiangxi Zili Environmental Technology Co., Ltd. for a maximum amount of RMB 300 million (30,000 million) to meet operational needs [1][4]. Guarantee Details - The guarantee is structured as a joint liability guarantee for a loan application to CITIC Bank, with a guarantee period of three years from the debt fulfillment date [1][4]. - The guarantee has been approved by the shareholders of Shenlian Environmental Group and does not require further approval from the board of directors or shareholders' meeting [1][4]. Financial Information of Jiangxi Zili - Jiangxi Zili's total assets are reported at RMB 1,402,162.14 million (unaudited) and RMB 1,161,715.16 million (audited) [3]. - Total liabilities stand at RMB 723,156.18 million (unaudited) and RMB 485,201.00 million (audited) [3]. - Owner's equity totals RMB 679,005.96 million (unaudited) and RMB 676,514.16 million (audited) [3]. - The company reported operating income of RMB 335,446.53 million (unaudited) and RMB 1,421,293.03 million (audited) [4]. - Net profit is recorded at RMB 27,491.80 million (unaudited) and RMB 66,610.89 million (audited) [4]. Risk Management and Compliance - The financial risks associated with the guarantee are considered manageable by Shenlian Environmental Group, ensuring that the guarantee will not affect its normal operations [4]. - As of the announcement date, the total approved guarantee amount for subsidiaries is RMB 570,043.51 million, with no overdue guarantees or litigation-related guarantees reported [4][5].