Core Viewpoint - Anhui Xinke New Materials Co., Ltd. has provided a guarantee of RMB 50 million for its wholly-owned subsidiary, Xinguhe Metal (Wuxi) Co., Ltd., to support its business development and production operations [2][10]. Summary by Sections Guarantee Overview - On June 24, 2025, the company signed a maximum guarantee contract with Jiangsu Bank Wuxi Branch, providing a joint liability guarantee of up to RMB 50 million for Xinguhe [4]. - The guarantee period is three years, and there is no counter-guarantee involved [4]. Financial Status - As of the announcement date, the total guarantee amount provided by the company and its subsidiaries is RMB 221.076 million, which accounts for 154.53% of the company's audited net assets attributable to the parent company for the year 2024 [3][12]. - The actual guarantee balance for Xinguhe, including the new contract, is RMB 16.95 million [2][4]. Subsidiary Information - Xinguhe Metal (Wuxi) Co., Ltd. has a registered capital of RMB 444.0385 million and is engaged in the development and production of copper alloy composite materials and other non-ferrous alloy products [6]. Guarantee Agreement Details - The maximum debt amount guaranteed is RMB 50 million, covering principal, interest, fees, and other costs related to the debt [8]. - The contract becomes effective upon signing by the authorized representatives of both parties [9]. Necessity and Reasonableness of Guarantee - The guarantee is deemed necessary for the subsidiary's business growth and aligns with the company's overall interests and development strategy [10]. - The company can effectively manage the subsidiary's operations and credit status, making the guarantee risk controllable [10]. Board of Directors' Opinion - The guarantee has been approved by the company's board and the annual general meeting, allowing for guarantees up to RMB 300 million for financing needs [11].