Core Viewpoint - The company, Shanghai Aijian Group Co., Ltd., is providing a guarantee for its wholly-owned subsidiary, Dalian Xiangrui Six, for a financing business related to aircraft leasing, with a guarantee amount not exceeding RMB 1.03 billion [2][5]. Group 1: Guarantee Details - The guarantee is intended to replace a bank loan for fixed assets related to an aircraft [2]. - The total expected external guarantee amount for 2025 is RMB 9.8 billion, which includes existing guarantees [2][6]. - The company has authorized its legal representative and management team to adjust specific guarantee amounts within the approved limits based on business needs [2][6]. Group 2: Subsidiary Information - Dalian Xiangrui Six was established on October 8, 2023, with a registered capital of RMB 170 million and is a wholly-owned subsidiary of Shanghai Huari Financing Leasing Co., Ltd. [3][4]. - The company operates in the financing leasing sector within bonded areas [3]. Group 3: Financial Overview - As of 2024, the total assets of Dalian Xiangrui Six are RMB 1.02 billion, with total liabilities of RMB 858.4 million [4][5]. - The net profit for 2025 is projected at RMB 52.61 million, a significant recovery from a loss of RMB 1.3 billion in 2024 [5]. Group 4: Contractual Obligations - The guarantee is a joint liability guarantee with a maximum amount of RMB 1.03 billion, covering all debts under the aircraft leasing agreement [5][6]. - The guarantee period will end once the aircraft is mortgaged [5]. Group 5: Board Opinion - The board believes that providing this guarantee will enhance the subsidiary's financing capabilities and profitability, aligning with the company's long-term strategic interests [6].