Summary of Key Points Core Viewpoint - The announcement details the guarantee provided by Changshu Fengfan Electric Power Equipment Co., Ltd. to Yangzhou Jingying Optoelectronics Technology Co., Ltd. for an amount of 22 million yuan, with a total guarantee balance of 700 million yuan as of the announcement date [1]. Group 1: Guarantee Overview - The company has provided a guarantee of 22 million yuan to Yangzhou Jingying, which is a wholly-owned subsidiary of Suzhou Jingying Optoelectronics Technology Co., Ltd. [1][5] - As of the announcement date, the total guarantee balance provided by the company to Yangzhou Jingying is 700 million yuan [1]. - There are no overdue guarantees from the company or its subsidiaries [1]. Group 2: Financial Data of Yangzhou Jingying - As of March 31, 2025, Yangzhou Jingying's total assets were 1.966 billion yuan, and total liabilities were 1.437 billion yuan, resulting in a net asset of 529.5 million yuan [3]. - The company's operating income for the year 2024 was 1.093 billion yuan, with a net profit of 159.3 million yuan [4][5]. Group 3: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary and reasonable as it supports the normal operations of Yangzhou Jingying, which is under the control of the company [6]. - The board of directors has assessed the repayment capability of the guaranteed party, confirming that the risk is manageable [6]. Group 4: Total Guarantee Amounts - The cumulative guarantee amount provided by the company to its wholly-owned and controlling subsidiaries is 1.155 billion yuan, with 542.8 million yuan specifically for subsidiaries with an asset-liability ratio exceeding 70% [12]. - As of the announcement date, there are no overdue guarantees reported [12].