创新新材料科技股份有限公司向关联方提供重大担保，涉沙特红海铝产业链项目
一、公告要点概述
- 担保对象：Red Sea Aluminium Industrial Limited Liability Company（下称RSA Industrial），为公司控股股东、实际控制人及其控制的主体。
- 担保金额：不超过1.25亿美元等值人民币（约8.65亿元），占上市公司净资产的比例极高。
- 累计对外担保：截至2026年2月28日，公司及控股子公司对外担保总额为15.25亿元，占最近一期经审计净资产的141.36%。本次担保后，对外担保总额将进一步上升。
- 担保方式：连带责任保证担保，期限最长9年，且公司控股股东创新集团为本次担保事项出具反担保函。
- 特别风险提示：本次及累计对外担保金额均已超过公司净资产100%，属于重大风险事项。
二、担保详情与项目背景
公司与控股股东创新集团、实际控制人控制的创新实业及第三方共同投资设立RSA Holding，后者在沙特发起“沙特红海铝产业链综合项目”。RSA Holding已在沙特设立全资子公司RSA Industrial，作为项目实施主体。为推动项目建设及日常经营，RSA Industrial拟向兴业银行上海分行申请4亿美元等值人民币的9年期融资授信。公司按25.2%的穿透持股比例提供连带责任担保，担保金额不超过1.25亿美元等值人民币。创新实业按33.6%的持股比例担保1.67亿美元，创新集团则提供全额担保。上述担保涵盖本金、利息、违约金等全部债务及实现债权的相关费用。
三、决策过程和合规性
公司已履行了严格的内控流程：2026年3月16日独立董事全票通过，2026年3月17日董事会通过（关联董事回避），并将提交股东大会审议。公司控股股东创新集团为本次担保出具反担保函，旨在保障公司和中小投资者利益。
四、被担保人情况与风险披露
- RSA Industrial基本情况：沙特注册，注册资本约合15.56亿元人民币，主营铝及铝合金冶炼、加工及相关金属制品制造。
- 财务状况：截至2025年9月30日，资产总额3.93亿元，负债1.17亿元，净资产2.76亿元，仍处于亏损（净利润为-7908万元）。2024年全年净利润为-1.18亿元，尚未实现营业收入。
- 信用状况：无失信、抵押、诉讼、查封等不良记录。
五、担保的必要性、合理性与风险分析
公司认为该项目有助于其全球化战略和产业链延伸，提升国际竞争力。按照持股比例担保，且有控股股东反担保，风险可控，无资源转移或利益输送。公司认为本次担保不会损害公司及股东，尤其是中小股东利益。
风险提示：本次及累计对外担保金额均已远超公司净资产，若被担保方出现风险，公司将承担较大财务责任，可能对公司偿债能力和资金安全造成重大影响，是影响股价的重要不确定因素。
六、对外担保整体情况
| 类型 |
担保总额（万元） |
占净资产比例（%） |
逾期担保（万元） |
| 对外担保（不含本次） |
1,524,712.35 |
141.36 |
0.00 |
| 对控股子公司担保 |
717,151.20 |
66.49 |
0.00 |
| 对控股股东及关联人担保 |
0.00 |
0.00 |
0.00 |
七、投资者需关注的核心风险点
- 公司及其控股子公司对外担保总额已大幅超过净资产，财务风险显著加大。
- 被担保公司财务尚未盈利，且项目运营和还款能力存在较大不确定性。
- 如项目或被担保公司出现风险，创新新材料科技股份有限公司可能需承担巨额担保责任，影响公司偿债能力和经营安全。
- 本次担保事项尚需股东大会审议，后续进展需持续关注。
八、结论
本次担保事项金额大、期限长、风险高，且与公司全球化布局和产业链延伸密切相关。对公司未来业绩、资金安全及股价均可能产生重大影响，投资者需高度关注相关风险进展。
免责声明：本文仅为公开信息的整理与解读，不构成任何投资建议。投资有风险，决策前请充分评估自身风险承受能力，并关注公司后续公告。
English Version
Innovation New Materials Technology Co., Ltd. Announces Major Related-Party Guarantee for Saudi Red Sea Aluminium Project
1. Key Highlights
- Guarantee Target: Red Sea Aluminium Industrial Limited Liability Company (RSA Industrial), an affiliate controlled by the company’s major shareholder and actual controller.
- Guarantee Amount: Up to USD 125 million equivalent in RMB (approx. RMB 865 million), representing a very high proportion of the company’s net assets.
- Cumulative External Guarantees: As of Feb 28, 2026, the company and its subsidiaries’ external guarantees total RMB 1.525 billion, accounting for 141.36% of the most recent audited net assets. With this new guarantee, the total will further increase.
- Guarantee Method: Joint and several liability guarantee for up to 9 years. The company’s controlling shareholder, Innovation Group, provides a counter-guarantee for this guarantee.
- Special Risk Warning: Both this and cumulative external guarantee amounts have exceeded 100% of net assets, signifying major financial risk.
2. Guarantee Details & Project Background
The company, its controlling shareholder Innovation Group, the actual controller’s related entity Innovation Industrial, and a third party jointly invested in RSA Holding, which initiated the “Saudi Red Sea Aluminium Industry Chain Project” in Saudi Arabia. RSA Holding set up a wholly-owned subsidiary RSA Industrial as the project company. RSA Industrial plans to seek a USD 400 million equivalent 9-year credit facility from Industrial Bank Shanghai Branch. The company will provide a guarantee in proportion to its 25.2% look-through shareholding (up to USD 125 million), Innovation Industrial will guarantee USD 167 million for its 33.6% share, and Innovation Group will guarantee the full amount. The guarantees cover principal, interest, penalties, and all related debts and enforcement costs.
3. Decision Process & Compliance
The company followed strict internal procedures: unanimous approval by independent directors on March 16, 2026, board approval (with related directors abstaining) on March 17, 2026, and will submit to shareholder meeting for final approval. The controlling shareholder provides a counter-guarantee to protect company and minority investor interests.
4. Guaranteed Entity Situation & Risks
- RSA Industrial Profile: Registered in Saudi Arabia, capital approx. RMB 1.56 billion, engaged in aluminium and aluminium alloy smelting, processing, and related metal products manufacturing.
- Financials: As of September 30, 2025, total assets RMB 393 million, liabilities RMB 117 million, net assets RMB 276 million, still loss-making (net profit -RMB 79 million). FY2024 net profit was -RMB 118 million, with no revenue generated yet.
- Credit Status: No records of dishonesty, mortgages, lawsuits, or asset freezes.
5. Necessity, Reasonableness & Risk Analysis
The company believes the project supports its globalization and industry chain expansion strategy. The guarantee is in proportion to shareholding and counter-guaranteed by the controlling shareholder, making the risk controllable and avoiding resource transfer or benefit tunneling. The company believes the guarantee does not harm the interests of the company or shareholders, especially minority shareholders.
Risk Warning: This and cumulative guarantees far exceed the company’s net assets. Should the guaranteed party encounter risks, the company will face significant financial responsibility, potentially affecting solvency and financial safety—an important uncertainty for share price.
6. Overall External Guarantee Situation
| Type |
Total Guarantee (10,000 RMB) |
Net Asset Ratio (%) |
Overdue Guarantee (10,000 RMB) |
| External Guarantee (excluding this) |
1,524,712.35 |
141.36 |
0.00 |
| Guarantee for Subsidiaries |
717,151.20 |
66.49 |
0.00 |
| Guarantee for Major Shareholders & Related Parties |
0.00 |
0.00 |
0.00 |
7. Key Risks for Investors
- The company’s cumulative external guarantees and this new guarantee far exceed its net assets, greatly increasing financial risk.
- The guaranteed company is not yet profitable; project operation and repayment ability are highly uncertain.
- Should the project or guarantee party default, Innovation New Materials Technology Co., Ltd. may bear significant liability, impacting its solvency and operational security.
- This guarantee is pending shareholder approval; investors should closely monitor further developments.
8. Conclusion
This is a large, long-term, high-risk guarantee, closely tied to the company’s global strategy and industry expansion. It could significantly impact the company’s future performance, financial safety, and stock price. Investors should closely monitor related risks and subsequent disclosures.
Disclaimer: This article is a summary and interpretation of public company disclosures and does not constitute investment advice. Investing involves risk. Please assess your risk tolerance and pay attention to further company announcements before making decisions.
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