精艺股份（002295）发布对外担保进展公告 股东需高度关注潜在风险
要点概述
- 截至公告日，精艺股份及子公司为下属控股公司累计实际发生担保总余额达6.91亿元，占公司最近一期经审计净资产的53.03%，累计担保总余额10.25亿元，占净资产的78.70%。
- 针对资产负债率超过70%的下属单位，累计实际发生担保总余额2.89亿元，占净资产的28.89%；累计担保总余额4.70亿元，占净资产46.95%。
- 公司表示，这些担保均在股东会授权范围内，未出现逾期担保及涉及诉讼的担保事项。
- 被担保子公司资产负债率极高，部分子公司净利润为负，存在较大经营压力，需投资者高度关注相关风险。
本次担保的具体情况
公司与广东华兴银行佛山分行签署《最高额保证担保合同》，为全资子公司广东精艺销售有限公司提供最高5,000万元连带责任保证担保，担保期间为债务履行期满后另加两年。
全资子公司广东精艺销售有限公司、佛山市顺德区精艺万希铜业有限公司与广州银行佛山三龙湾支行签署《最高额保证合同》，为母公司精艺股份提供8,000万元连带责任保证担保，担保期间为每笔债务履行期满后再加三年。
公司股东会审议情况
2024年度股东会已审议通过2025年度担保额度，批准公司及控股子公司为下属控股公司新增不超过13.36亿元的担保额度，其中向资产负债率70%以上的下属控股公司新增担保额度9.91亿元，向资产负债率低于70%的下属控股公司新增担保额度3.45亿元，额度可循环使用。
被担保公司详细信息及财务状况
广东精艺销售有限公司
- 成立时间：2011年5月10日
- 注册资本：5,000万元
- 资产总额：2026年3月31日为11.07亿元，负债总额10.21亿元，净资产仅8,538.40万元，资产负债率高达92.28%
- 2025年度净利润为-461万元，2026年一季度净利润210万元，前期有较大亏损
- 公司为精艺股份全资子公司
- 经核查不属于失信被执行人
广东精艺金属股份有限公司（母公司）
- 成立时间：1999年7月28日
- 注册资本：2.51亿元
- 资产总额：2026年3月31日为10.79亿元，负债总额1.10亿元，净资产9.69亿元，资产负债率仅10.16%
- 2025年度净利润-5,661万元，2026年一季度净利润-332万元，亏损明显
- 经核查不属于失信被执行人
担保合同主要内容一览
| 债权人 | 被担保人 | 担保人 | 担保金额 | 保证方式 | 保证期间 |
|---|---|---|---|---|---|
| 广东华兴银行佛山分行 | 广东精艺销售有限公司 | 精艺股份 | 5,000万元 | 连带责任保证 | 主合同履行期后再加两年 |
| 广州银行佛山三龙湾支行 | 精艺股份 | 精艺销售、精艺万希铜业 | 8,000万元 | 连带责任保证 | 每笔履行期后再加三年 |
累计担保及潜在风险提示
- 截至公告日，公司及子公司为下属控股公司担保总额度13.36亿元，实际发生余额6.91亿元，累计担保余额10.25亿元，分别占净资产的102.55%、53.03%、78.70%，全部为合并范围内子公司或孙公司担保。
- 公司无其他担保事项，无逾期担保及涉及诉讼的担保。
- 由于大部分担保对象资产负债率极高，且公司及子公司近年出现亏损，相关担保事项存在较大财务风险，投资者需高度关注。
投资者须知及潜在影响
- 担保金额巨大，实际发生担保余额已达净资产的一半以上，若被担保方出现违约，公司将面临巨额债务风险，或对公司财务状况和股价造成重大影响。
- 部分子公司净利润为负，且资产负债率极高，反映出公司整体经营压力较大，需投资者警惕潜在财务风险。
- 所有担保均为公司合并范围内子公司或孙公司，暂未出现逾期及诉讼风险，但高担保额度对公司整体偿债能力构成挑战。
结论
本次公告内容对公司整体财务状况具有较大影响，投资者需密切关注后续担保事项进展及被担保子公司的经营与偿债能力变化，相关风险或对公司股价构成重要影响。
免责声明：本新闻稿仅供投资者参考，不构成任何投资建议。投资有风险，入市需谨慎。
English Translation
Jingyi Co. (002295): Progress Update on External Guarantees – Shareholders Must Closely Monitor Potential Risks
Key Highlights
- As of the announcement date, Jingyi Co. and its subsidiaries have an actual guarantee balance of RMB 691 million for their controlled subsidiaries, accounting for 53.03% of the latest audited net assets, with a cumulative guarantee balance of RMB 1.025 billion, or 78.70% of net assets.
- For subsidiaries with asset-liability ratios over 70%, the actual guarantee balance is RMB 289 million (28.89% of net assets), and the cumulative guarantee balance is RMB 470 million (46.95% of net assets).
- The company stated all guarantees are within shareholder meeting-approved limits, with no overdue guarantees or guarantees involved in litigation.
- Guaranteed subsidiaries have very high asset-liability ratios; some have negative net profits, indicating operational stress. Investors should pay close attention to related risks.
Details of the Current Guarantees
The company signed a maximum guarantee contract with China Huaxing Bank Foshan Branch to provide a joint and several liability guarantee of up to RMB 50 million for its wholly-owned subsidiary, Guangdong Jingyi Sales Co., Ltd. The guarantee period is the debt fulfillment period plus two years.
The wholly-owned subsidiary, Guangdong Jingyi Sales, and Foshan Jingyi Wanxi Copper jointly signed a maximum guarantee contract with Guangzhou Bank Foshan Sanlong Bay Branch to provide an RMB 80 million joint and several liability guarantee for Jingyi Co., with the guarantee period being three years after each debt’s fulfillment.
Shareholders’ Meeting Review
The 2024 annual shareholders’ meeting approved a 2025 guarantee quota of up to RMB 1.336 billion for controlled subsidiaries, of which RMB 991 million is for those with over 70% asset-liability ratio, and RMB 345 million for those below 70%. The quotas can be used on a revolving basis.
Details and Financial Status of Guaranteed Subsidiaries
Guangdong Jingyi Sales Co., Ltd.
- Established: May 10, 2011
- Registered capital: RMB 50 million
- Total assets: RMB 1.107 billion as of March 31, 2026; liabilities: RMB 1.021 billion; net assets only RMB 85.38 million; asset-liability ratio as high as 92.28%
- 2025 net profit: -RMB 4.61 million; Q1 2026 net profit: RMB 2.1 million; significant prior losses
- 100% owned subsidiary of Jingyi Co.
- Not a dishonest executor
Guangdong Jingyi Metal Co., Ltd. (Parent Company)
- Established: July 28, 1999
- Registered capital: RMB 250.6 million
- Total assets: RMB 1.079 billion as of March 31, 2026; liabilities: RMB 109.6 million; net assets: RMB 969 million; asset-liability ratio only 10.16%
- 2025 net profit: -RMB 56.61 million; Q1 2026 net profit: -RMB 3.32 million; significant losses
- Not a dishonest executor
Main Terms of Guarantee Contracts
| Creditor | Guaranteed | Guarantor | Guarantee Amount | Guarantee Type | Guarantee Period |
|---|---|---|---|---|---|
| China Huaxing Bank Foshan Branch | Guangdong Jingyi Sales Co. | Jingyi Co. | RMB 50 million | Joint and several liability guarantee | Debt fulfillment period plus two years |
| Guangzhou Bank Foshan Sanlong Bay Branch | Jingyi Co. | Jingyi Sales, Jingyi Wanxi Copper | RMB 80 million | Joint and several liability guarantee | Three years after each debt’s fulfillment |
Cumulative Guarantees and Risk Warning
- As of the announcement, the total guarantee quota for controlled subsidiaries is RMB 1.336 billion, with actual guarantee balance of RMB 691 million, and cumulative guarantee balance of RMB 1.025 billion, representing 102.55%, 53.03%, and 78.70% of net assets, respectively. All are for consolidated subsidiaries or sub-subsidiaries.
- No other guarantees, overdue guarantees, or guarantees in litigation exist.
- Given that most guaranteed entities have very high asset-liability ratios and the company and subsidiaries have posted losses in recent years, the related guarantees pose significant financial risk, which investors should closely monitor.
Investor Considerations & Potential Impact
- Guarantee amounts are huge and actual guarantee balance exceeds half of net assets. If guaranteed parties default, the company could face massive debt risk, potentially impacting financial health and share price significantly.
- Some subsidiaries are loss-making with very high leverage, reflecting significant operational pressure. Investors should be alert to potential financial risks.
- All guarantees are for consolidated subsidiaries or sub-subsidiaries; no overdue or litigation risk so far, but high guarantee levels challenge the company’s overall solvency.
Conclusion
This announcement significantly impacts the company’s overall financial position. Investors should closely monitor further developments and changes in the operating and repayment ability of guaranteed subsidiaries. Related risks may have a material effect on the company’s share price.
Disclaimer: This news release is for investor reference only and does not constitute investment advice. Investment involves risk; please make decisions cautiously.
