RESUN: Provides guarantee for subsidiary's financing of 60 million, discloses guarantee progress

On April 22 and May 29, 2025, RESUN approved a proposal to apply for a comprehensive credit limit not exceeding 990 million yuan and to provide guarantees for its subsidiaries not exceeding 730 million yuan. Recently, the company signed a 60 million yuan "Maximum Guarantee Contract" with Changsha Bank Jincheng Branch for its wholly-owned subsidiary Li Chen Ao Wei. As of August 13, the company's guarantee amount for Li Chen Ao Wei reached 190 million yuan, with a remaining available limit not exceeding 50 million yuan. Among the subsidiaries, Shanghai Ao Wei has the highest debt-to-asset ratio, reaching 68.48%. As of the announcement date, the balance of external guarantees for the company and its subsidiaries is 152.3412 million yuan, with no overdue guarantees or other issues