天富能源为全资子公司天源燃气新增5,000万元担保，累计担保总额占净资产86.45%

一、事件概述

2026年3月11日，新疆天富能源股份有限公司（600509，简称“天富能源”）发布公告，披露公司为全资子公司新疆天富天源燃气有限公司（以下简称“天源燃气”）向中国工商银行石河子分行办理流动资金借款业务，新增提供5,000万元连带责任保证担保。

二、主要内容与详细信息

• 担保对象： 新疆天富天源燃气有限公司，公司全资子公司。
• 本次担保金额： 5,000万元。
• 实际为其提供的担保余额（不含本次担保金额）： 27,200万元。
• 本次担保是否在前期预计额度内： 是，公司2026年度已获股东大会批准为天源燃气提供不超过3亿元担保额度。
• 本次担保是否有反担保： 否。
• 担保方式： 连带责任保证。
• 保证期间： 自主合同项下的借款期限或贵金属租借期限届满之次日起三年，如提前到期，则为提前到期日之次日起三年。
• 担保范围： 涉及主债权本金、利息、复利、罚息、违约金、损害赔偿金、相关费用（包括但不限于诉讼费、律师费等）。

三、主要财务指标

• 天源燃气资产总额： 122,961.03万元（2025年9月30日，未经审计）
• 天源燃气资产净额： 53,919.34万元
• 天源燃气负债总额： 69,041.69万元
• 营业收入： 77,837.97万元（2025年1-9月）
• 净利润： 3,527.68万元（2025年1-9月）

四、累计担保情况——高担保风险提示

• 截至公告日，公司及其控股子公司对外担保总额： 644,200万元，占公司2024年12月31日经审计归属于上市公司股东净资产的86.45%。
• 其中：
  • 为天源燃气担保余额32,200万元，占净资产4.32%
  • 为新疆中天光伏清洁能源有限责任公司担保余额32,000万元，占净资产4.29%
  • 为天富集团及其关联方担保余额580,000万元，占净资产77.84%
• 对外担保逾期金额： 0。
• 特别风险提示：
  • 担保金额（含本次）已超过公司最近一期经审计净资产50%，为高风险水平。
  • 对合并报表外单位担保总额（含本次）已达到或超过净资产30%。
  • 公告明确无其他风险提示，但高担保比例值得投资者高度关注。

五、董事会和股东会意见及决策流程

• 本次担保事项已获得公司第八届董事会第二十三次会议及2026年第一次临时股东会审议通过，议案为“2026年度新增为全资子公司提供担保”方案，最高额度为3亿元。
• 董事会表决结果：9票同意、0票反对、0票弃权。

六、担保的必要性和合理性

天源燃气为天富能源主营业务重要组成部分，公司认为为其提供担保有助于支持其2026年运营及项目建设，保障资金及时到位，促进各项经营活动按计划实施。

七、对投资者和股东的重要影响（股价敏感信息）

• 担保总额高企： 公司及控股子公司对外担保总额已达净资产86.45%，大幅高于多数上市公司普遍水平，属于高担保风险。
• 流动性及风险管理压力： 大额担保会对公司未来现金流、偿债能力及整体财务安全带来压力，若被担保方出现违约，公司将承担较大连带清偿责任。
• 暂无逾期： 截至公告日，公司无担保逾期情形，短期内未现重大风险暴露。
• 后续变化需关注： 投资者应持续关注公司担保余额变动及被担保方经营状况，防范潜在财务风险。

免责声明： 本文基于公司公告内容编制，仅供参考，不构成投资建议。投资者据此操作，风险自担。

English Version

Tianshan Energy Adds RMB 50 Million Guarantee for Wholly-owned Subsidiary Tianyuan Gas, Total Guarantees at High Level

1. Event Overview

On March 11, 2026, Xinjiang Tianshan Energy Co., Ltd. (600509, “Tianshan Energy”) announced it has signed a guarantee contract with ICBC Shihezi Branch, providing a RMB 50 million joint liability guarantee for its wholly-owned subsidiary, Xinjiang Tianshan Tianyuan Gas Co., Ltd. (“Tianyuan Gas”) for working capital loans.

2. Main Details

• Guarantee Target: Xinjiang Tianshan Tianyuan Gas Co., Ltd. (wholly-owned subsidiary)
• New Guarantee Amount: RMB 50 million
• Actual Guarantee Balance (excluding this time): RMB 272 million
• Within Previously Approved Limit: Yes, shareholders approved up to RMB 300 million for 2026
• Counter Guarantee: None
• Guarantee Type: Joint liability guarantee
• Guarantee Period: Three years after the maturity date of the principal loan or, if repaid early, three years after the early repayment date
• Guarantee Scope: Principal, interests, compound interest, default penalty, damages, and all related fees (including but not limited to litigation and attorney’s fees)

3. Subsidiary Financials

• Total Assets: RMB 1.229 billion (as of Sep 30, 2025, unaudited)
• Net Assets: RMB 539 million
• Total Liabilities: RMB 690 million
• Operating Revenue: RMB 778 million (Jan-Sep 2025)
• Net Profit: RMB 35.3 million (Jan-Sep 2025)

4. Cumulative Guarantee Situation—High Risk Flagged

• Total Guarantee Balance (including subsidiaries): RMB 6.442 billion, which is 86.45% of audited net assets as of Dec 31, 2024
• Breakdown:
  • Tianyuan Gas: RMB 322 million (4.32% of net assets)
  • Zhongtian Photovoltaic Clean Energy: RMB 320 million (4.29%)
  • Tianshan Group and affiliates: RMB 5.8 billion (77.84%)
• Overdue Guarantee Amount: None
• Special Risk Alert:
  • Guarantee amount (including this) exceeds 50% of net assets—high risk
  • Guarantees for consolidated statement-external units (including this) reach/exceed 30% of net assets
  • No other risk tips disclosed, but high guarantee ratio merits attention

5. Board and Shareholder Decision

• This guarantee was approved by the Board’s 23rd meeting and the first extraordinary shareholders’ meeting of 2026, with a maximum RMB 300 million guarantee for Tianyuan Gas in 2026.
• Board vote: 9 in favor, 0 against, 0 abstain

6. Rationale

Tianyuan Gas is a key business unit for Tianshan Energy. The company believes the guarantee will support its 2026 operations and projects, ensuring funds are timely and business plans are executed.

7. Key Points for Investors and Shareholders (Potentially Price Sensitive)

• High Guarantee Risk: Total guarantees have reached 86.45% of net assets, far above average levels, signaling high financial leverage risk.
• Liquidity & Risk Management: High guarantees may pressure the company’s future cash flow, repayment ability, and overall financial stability. If the guaranteed parties default, Tianshan Energy will bear significant joint liability.
• No Overdue Cases Yet: As of disclosure, there are no overdue guarantees, so no immediate risk exposure.
• Investors Should Monitor: Watch for changes in guarantee balances and business situations of guaranteed parties.

Disclaimer: This article is based on official company disclosures for reference only and does not constitute investment advice. Investors assume all risks for actions taken based on this information.

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