福田汽车2026年度对外担保计划月度进展公告及风险提示

福田汽车2026年度担保计划进展公告深度解读

福田汽车2026年度担保计划进展详解：重点信息与投资者关注

一、公告核心要点

福田汽车（600166）董事会及全体董事声明公告内容真实、准确、完整。
公司按上海证券交易所担保披露要求，对年度担保计划进展进行月度汇总披露。
2026年2月公司新增担保金额0.6382亿元，主要对象为安鹏融资租赁（天津）有限公司（安鹏天津），实际担保余额为73.52亿元。
所有担保均在年度授权范围内，无逾期担保。
担保金额与已批准额度、净资产比例相关风险提示明确：

已批准担保额度内尚未使用额度与担保实际发生余额之和达到或超过最近一期经审计净资产30%。
已批准担保额度内尚未使用额度与担保实际发生余额之和超过最近一期经审计净资产100%。
本次对资产负债率超过70%的单位提供担保。

二、担保计划详细情况

2026年年度担保计划已通过董事会和股东会审议，公司对全资子公司担保额度不超过65.6亿元，控股子公司不超过2.5亿元，参股公司不超过0.3亿元，产业链上下游及客户金融服务担保不超过44.4亿元，对经销商或相关机构回购责任不超过151亿元，对关联方安鹏中融及下属子公司担保不超过142.4亿元。
2026年2月发生担保明细：

福田汽车对安鹏天津担保金额分别为0.24545亿元和0.39272亿元，均有反担保措施。
安鹏天津是福田汽车控股股东北京汽车集团有限公司控制的公司，为关联方。
担保涉及招商银行北京分行、上海浦发银行北京分行。
北京汽车集团有限公司按照股比50.91%共同提供担保。

三、被担保人安鹏天津基本情况

法人独资，注册资本4.3亿元，成立于2015年。
主要业务：融资租赁、商业保理等。
2025年1-9月资产总额16.7亿元，负债总额11.8亿元，净利润113万元（2024年全年净利润亏损253万元）。
安鹏天津100%由北京安鹏中融汽车新零售科技有限公司持股。

四、担保协议主要内容与风险控制

担保类型为连带责任保证。
担保范围涵盖贷款及授信本金、利息、罚息、复息、违约金等相关费用。
担保期间分别为：自担保书生效起至授信协议项下每笔贷款到期日再加两年。
公司综合考量了被担保方盈利能力、偿债能力、风险、反担保措施，认为担保风险可控。
公司持续关注融资使用与企业经营状况，及时防范风险。

五、累计担保及风险提示

2026年2月，公司对外担保总额0.64亿元，占最近一期净资产0.45%。
截至2月底，公司及控股子公司对外担保余额114.48亿元，占最近一期净资产79.94%。
回购责任担保余额47.77亿元，占净资产33.36%。
对控股股东及其关联人担保余额73.52亿元，占净资产51.34%。
无逾期担保，所有担保均在股东会批准的年度授权范围内。

六、对股东及投资者的影响与关注点

本期担保金额虽占净资产比例较低，但公司整体担保余额高占净资产比例，接近或超过临界值，投资者需关注公司资本结构和风险控制能力。
公司对关联方及资产负债率高的单位提供担保，需持续关注关联交易及潜在风险。
担保事项属于正常经营范围，无逾期担保，表明公司经营稳健，但担保余额较高，若未来被担保方出现经营风险，将可能对公司财务产生影响。

七、结论与投资建议

福田汽车担保事项有助于支持主业销售和供应链金融，短期内无重大负面影响，但担保余额较高，投资者应持续关注被担保方经营状况及公司风险防控措施。
担保事项虽为年度计划内，但若担保风险进一步上升或被担保方经营出现异常，可能对公司业绩和股价产生较大影响。

免责声明

本文仅为信息披露解读，不构成投资建议。投资者需结合自身风险承受能力，关注公司公告及相关风险提示，谨慎决策。

Foton Motor 2026 Annual Guarantee Plan Progress: Detailed Investor Analysis

Key Points in the Announcement

Foton Motor (600166) Board of Directors ensures the authenticity, accuracy, and completeness of the announcement.
The company reports monthly on the progress of its annual guarantee plan, as required by the Shanghai Stock Exchange.
In February 2026, the company provided new guarantees totaling RMB 63.82 million, mainly to Anpeng Financial Leasing (Tianjin) Co., Ltd. (Anpeng Tianjin), with an actual guarantee balance of RMB 7.352 billion.
All guarantees are within the authorized scope; no overdue guarantees.
Key risk alerts:

Unused approved guarantee quotas plus actual guarantee balances reach or exceed 30% of the latest audited net assets.
Unused approved guarantee quotas plus actual guarantee balances exceed 100% of the latest audited net assets.
Guarantees provided to units with asset-liability ratios exceeding 70%.

Details of the Guarantee Plan

2026 annual guarantee plan approved by the board and shareholders:

Guarantees for wholly-owned subsidiaries: not exceeding RMB 6.56 billion.
Guarantees for controlled subsidiaries: not exceeding RMB 250 million.
Guarantees for associated companies: not exceeding RMB 30 million.
Guarantees for supply chain and customers: not exceeding RMB 4.44 billion.
Repurchase liabilities for dealers and related institutions: not exceeding RMB 15.1 billion.
Guarantees for related parties (Anpeng Zhongrong and subsidiaries): not exceeding RMB 14.24 billion.

February 2026 guarantee events:

Foton Motor provided guarantees to Anpeng Tianjin (RMB 24.545 million and RMB 39.272 million) with counter-guarantees.
Anpeng Tianjin is a related party controlled by Foton’s controlling shareholder BAIC Group.
Banks involved: China Merchants Bank Beijing Branch, Shanghai Pudong Development Bank Beijing Branch.
BAIC Group jointly provides guarantees according to its shareholding ratio (50.91%).

Profile of Anpeng Tianjin (Guaranteed Party)

Wholly owned company, registered capital RMB 430 million, established in 2015.
Main businesses: financial leasing, commercial factoring, etc.
2025 (Jan-Sep): total assets RMB 1.67 billion, total liabilities RMB 1.18 billion, net profit RMB 1.13 million (2024 full year net loss RMB 2.53 million).
100% owned by Beijing Anpeng Zhongrong Automotive New Retail Technology Co., Ltd.

Main Guarantee Agreement Content and Risk Control

Guarantee type: Joint liability guarantee.
Guarantee covers loan principal, interest, penalties, compound interest, damages, fees, etc.
Guarantee period: From effective date to two years after the due date of each loan.
Company considered the guaranteed party’s profitability, debt repayment ability, risks, and counter-guarantees; believes risks are controllable.
Company will continue to monitor financing usage and business conditions, act promptly to prevent and control risks.

Accumulated Guarantees and Risk Alert

Feb 2026: total external guarantee RMB 64 million, 0.45% of latest audited net assets.
End-February: total guarantee balance RMB 11.448 billion, 79.94% of net assets; repurchase liability guarantee RMB 4.777 billion, 33.36% of net assets.
Guarantee balance for controlling shareholder and related parties: RMB 7.352 billion, 51.34% of net assets.
No overdue guarantees; all within annual authorized scope.

Investor Impact and Points of Attention

Although the current guarantee amount is small versus net assets, the total guarantee balance is high and close to or exceeding risk thresholds. Investors should monitor capital structure and risk control.
Guarantees are provided to related parties and high debt units, requiring continued vigilance on related transactions and potential risks.
No overdue guarantees, indicating stable operations, but high guarantee balances mean that if guaranteed parties face operational issues, there could be financial impact.

Conclusion and Investment Advice

Guarantees support sales and supply chain finance, with no immediate negative impact, but high balances require monitoring of guaranteed parties and risk control.
If guarantee risk rises or guaranteed parties face financial issues, it could affect company performance and share price.

Disclaimer

This article is for information purposes only and does not constitute investment advice. Investors should consider their own risk tolerance, review company announcements and risk alerts, and make decisions prudently.