Core Viewpoint - The announcement details the provision of a guarantee by China Aviation Engine Corporation for its wholly-owned subsidiary, Guizhou Aviation Engine Maintenance Co., Ltd., to support its operational funding needs through a loan of 30 million yuan [1][5]. Summary by Sections Guarantee Overview - The guaranteed amount for the month is 30 million yuan, with a total guarantee balance of 71 million yuan provided to the subsidiary [1]. - The guarantee is within the previously approved limit of 121 million yuan for the year 2025 [2]. - There is a counter-guarantee associated with this month's guarantee [1]. Cumulative Guarantee Situation - As of the announcement date, there are no overdue guarantees, and the total guarantees provided by the company and its subsidiaries amount to 51 million yuan, which represents 0.13% of the company's latest audited net assets [6]. - The company has not provided guarantees to its controlling subsidiaries or related parties [6]. Basic Information of the Guaranteed Party - Guizhou Aviation Engine Maintenance Co., Ltd. is a wholly-owned subsidiary of China Aviation Engine Corporation, with 100% ownership held by Liyang Power [4]. - The company was established on December 10, 1990, and is located in Zunyi, Guizhou Province, with a registered capital of approximately 2,015.59 million yuan [4]. - The financial performance for the first quarter of 2025 shows total assets of approximately 289.99 million yuan and a net profit of -6.38 million yuan [4]. Guarantee Agreement Details - The guarantee is structured as a joint liability guarantee, with a maximum guarantee amount of 121 million yuan and a guarantee period of three years from the maturity of the debt [4]. - The guarantee covers all costs associated with the principal, interest, penalties, and other related expenses [4]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to meet the operational funding needs of Guizhou Aviation Engine Maintenance Co., Ltd., ensuring the continuity of its production and operations [5].

Summary of Key Points Core Viewpoint - The announcement details the guarantee provided by the subsidiary of China Aviation Engine Corporation, highlighting the financial support extended to a wholly-owned subsidiary, which is not an affiliate of the parent company [1]. Group 1: Guarantee Overview - The guaranteed party is Guizhou Aviation Engine Maintenance Co., Ltd., a wholly-owned subsidiary of the company [1]. - The guarantee amount provided by Liyang Power to Guizhou Company is 21 million yuan, with an actual guarantee balance of 71 million yuan as of the announcement date [1]. - The guarantee includes a counter-guarantee and there are no overdue guarantees as of the announcement date [1]. Group 2: Basic Information of the Guaranteed Party - Guizhou Company was established on December 10, 1990, with a registered capital of 2,015.5908538 million yuan [3]. - The company’s business scope includes aviation engine repair, design and manufacturing of aviation engine derivatives, and various technical services [3]. - The latest financial data shows total assets of 300.4373 million yuan and total liabilities of 154.3990 million yuan [4][5]. Group 3: Guarantee Agreement Details - The guarantee agreement specifies a joint liability guarantee with a maximum amount of 121 million yuan, covering principal, interest, penalties, and other related costs [5]. - Guizhou Company has provided a counter-guarantee with all its assets [5]. - The necessity of the guarantee is to support Guizhou Company's operational funding needs, ensuring its continued production and operations [5]. Group 4: Cumulative Guarantee and Overdue Guarantees - As of the announcement date, the total guarantee amount provided by Liyang Power for the year is 21 million yuan, with a balance of 71 million yuan, representing 0.18% of the company's latest audited net assets [5]. - The company has not provided guarantees for controlling subsidiaries or their affiliates, and there are no overdue guarantees [5].