Core Points - The company has provided a guarantee of 10 million RMB for its joint venture, Sichuan Sanwei Rail Transit Technology Co., Ltd. [2][4] - The total amount of guarantees provided by the company to Sichuan Sanwei prior to this announcement is 600 million RMB [2][10] - The guarantee is a related party guarantee, with the chairman of Sichuan Sanwei, Wu Shanguo, providing a counter-guarantee [3][9] Group 1: Guarantee Details - The guarantee is structured as a joint liability guarantee with a principal limit of 10 million RMB [4][9] - The guarantee agreement was signed with Chengdu Bank Co., Ltd. High-tech Branch [4][9] - The guarantee amount can be used in a revolving manner, and expired guarantees will not occupy the limit [5] Group 2: Internal Decision-Making Process - The company's board of directors approved the guarantee on December 2, 2024, with independent directors reviewing the transaction beforehand [5][6] - The shareholders' meeting on December 19, 2024, also approved the guarantee [6] Group 3: Financial Impact - The total external guarantee amount for Sichuan Sanwei is 1 billion RMB, which accounts for 32.07% of the company's latest audited net assets [10] - The outstanding guarantee balance for Sichuan Sanwei is 600 million RMB, representing 19.24% of the company's latest audited net assets [10]