东睦股份为连云港富驰智造科技有限公司提供5,000万元连带责任担保，累计担保额已达净资产33.28%

要点摘要

• 东睦新材料集团股份有限公司（证券代码：600114）为孙公司连云港富驰智造科技有限公司（以下简称“连云港富驰”）新近提供连带责任担保，额度为人民币5,000万元。
• 公司及控股子公司目前对外担保余额高达93,419万元，占公司2024年经审计归属于上市公司股东净资产的33.28%。
• 本次担保未要求反担保，且担保对象为非上市公司控股孙公司。
• 公司董事会和股东大会均已批准本年度担保计划，为连云港富驰最高可担保额度为3亿元。

详细内容解读

一、担保事项概述

2026年4月16日，东睦股份与中国工商银行宁波江东支行签署《最高额保证合同》，为连云港富驰（其为上海富驰高科技股份有限公司的全资子公司，东睦股份持有上海富驰64.25%股权）与工商银行在2026年4月16日至2029年4月16日期间内发生的债务提供连带责任保证，最高担保额度为5,000万元。

本次担保是在公司2025年年度股东大会通过的年度担保额度框架内实施。董事会决议及股东大会均已通过，为连云港富驰累计可担保额度为3亿元人民币。

截至公告日，本次担保项下暂未实际发生借款事项。连云港富驰此前已获得担保余额13,400万元。

二、被担保方基本情况

• 公司名称：连云港富驰智造科技有限公司
• 注册资本：15,000万元
• 主要股东：上海富驰持股100%；东睦股份间接持股64.25%
• 经营范围：涵盖模具、粉末冶金制品、工业机器人、电子元器件、金属结构制造等新材料和智能制造产业链
• 财务数据（未经审计，2025年9月30日）：
  • 资产总额：46,265.28万元
  • 负债总额：28,573万元
  • 净资产：17,692.28万元
  • 2025年1-9月营业收入：26,380.24万元
  • 净利润：2,108.58万元（上一年度亏损324.72万元，本年度已扭亏为盈）
• 征信情况：并非失信被执行人

三、担保合同主要条款

• 担保范围：本金、利息、贵金属租借费、违约金、损害赔偿金、汇率损失等一切主合同项下的债权及实现债权的费用。
• 担保方式：连带责任保证，公司有义务无条件履行担保责任。
• 保证期间：主合同债务到期或提前到期之次日起三年。
• 特殊约定：即便主债权存在物的担保，银行仍可优先要求东睦股份履行连带保证责任，公司不得抗辩。
• 担保人义务：须随时向银行提供财务资料、纳税凭证等，涉及重大变动须及时告知银行，不得有损银行利益的行为。
• 违约处理：银行有权从担保人在工商银行的所有账户中直接扣划资金清偿债务。

四、对公司和股东的影响及风险提示

本次担保行为是公司依照董事会和股东会批准进行的常规经营行为，有助于支持孙公司业务发展。连云港富驰2025年前三季度实现扭亏为盈，具备一定的经营活力。

• 但需注意，公司累计对外担保余额已达93,419万元，占净资产33.28%，比例不低，需持续关注担保集中度风险。
• 本次担保无反担保措施，一旦被担保方违约，公司需承担全部连带清偿责任。
• 目前公司及控股子公司未对合并报表外单位提供担保，且无逾期担保情况。

此类大额担保行为，尤其是在担保余额占净资产比例较高的情况下，通常会引起投资者对公司风险管理能力和财务安全边际的关注，可能对公司股价产生一定影响。

五、董事会意见

董事会认为，本次担保属于为控股子公司综合授信提供支持，有助于公司整体业务发展，风险可控，不损害公司及全体股东利益。

投资者需重点关注事项

• 公司对外担保余额较大，占净资产比例超三分之一，需关注担保风险。
• 被担保公司经营已扭亏为盈，但近期扩张较快，业务及财务风险需持续跟踪。
• 担保合同为连带责任且无反担保，公司面临一定或有负债风险。
• 若未来被担保方出现违约情况，东睦股份需履行全额担保责任，可能对公司资金流动性和财务状况产生重大影响。

综上，本公告披露的高额担保及其风险敞口，属于可能影响公司未来经营和股价的重要信息，建议投资者密切关注相关进展。

免责声明

本文基于东睦股份公开披露的公告内容进行分析，不构成任何投资建议。投资者应根据自身风险承受能力，理性决策。公司未来财务状况和股票表现可能受多种因素影响，请持续关注公司后续公告。

English Version

Dongmu Co. Provides RMB 50 Million Joint Liability Guarantee to Subsidiary, Cumulative Guarantees Reach 33.28% of Net Assets

Key Highlights

• Dongmu New Materials Group Co., Ltd. (Stock Code: 600114) has provided a joint liability guarantee amounting to RMB 50 million for its second-tier subsidiary, Lianyungang Fuchi Intelligent Manufacturing Technology Co., Ltd. (“Lianyungang Fuchi”).
• The company and its subsidiaries currently have a total external guarantee balance of RMB 934.19 million, equivalent to 33.28% of the company’s audited net assets for 2024.
• This guarantee does not require any counter-guarantee and is provided to a non-listed fully-owned sub-subsidiary.
• Both the Board of Directors and the General Meeting of Shareholders have approved the annual guarantee plan, with a maximum guarantee limit of RMB 300 million for Lianyungang Fuchi.

Detailed Analysis

1. Overview of the Guarantee

On April 16, 2026, Dongmu signed a “Maximum Guarantee Contract” with ICBC Ningbo Jiangdong Branch, providing a joint liability guarantee for debts incurred by Lianyungang Fuchi (a wholly-owned subsidiary of Shanghai Fuchi High-Tech Co., Ltd., in which Dongmu holds a 64.25% stake) with ICBC during April 16, 2026, to April 16, 2029, up to a maximum of RMB 50 million.

This guarantee is within the annual guarantee quota approved by the 2025 shareholders’ meeting. The Board and shareholders have agreed to a maximum guarantee amount of RMB 300 million for Lianyungang Fuchi.

As of the announcement date, no actual borrowing has occurred under this guarantee. The prior guarantee balance for Lianyungang Fuchi is RMB 134 million.

2. Details of the Guaranteed Party

• Name: Lianyungang Fuchi Intelligent Manufacturing Technology Co., Ltd.
• Registered Capital: RMB 150 million
• Main Shareholder: Shanghai Fuchi holds 100%; Dongmu indirectly holds 64.25%
• Business Scope: Covers mold manufacturing, powder metallurgy products, industrial robots, electronic components, metal structure manufacturing, etc. in the new materials and smart manufacturing chain
• Financial Data (Unaudited, as of September 30, 2025):
  • Total assets: RMB 462.65 million
  • Total liabilities: RMB 285.73 million
  • Net assets: RMB 176.92 million
  • Revenue for Jan-Sep 2025: RMB 263.8 million
  • Net profit: RMB 21.09 million (turned profitable after a loss of RMB 3.25 million in 2024)
• Credit Status: Not a discredited person according to public records

3. Main Contract Terms

• Scope of Guarantee: All principal, interest, precious metal lease fees, penalty, damages, FX loss, and all costs related to realization of creditor’s rights under the main contract.
• Guarantee Method: Joint liability, Dongmu must fulfill obligations unconditionally.
• Guarantee Period: Three years after the maturity or early maturity of the main contract debt.
• Special Terms: Even if the main debt is secured by collateral, the bank may require Dongmu to fulfill its guarantee first, and Dongmu cannot raise a defense.
• Obligations of Guarantor: Must provide financial and tax materials at any time, inform the bank of any major changes, and not harm the bank’s interests.
• Default Handling: The bank may directly debit Dongmu’s accounts at ICBC to settle the debt.

4. Impact and Risks for the Company and Shareholders

This guarantee action is a routine business move approved by the Board and shareholders, supporting the subsidiary’s business development. Lianyungang Fuchi has turned profitable in 2025, showing business vitality.

• However, the company’s cumulative external guarantee balance is high at 33.28% of net assets—a level that warrants close attention to concentration risk.
• This guarantee has no counter-guarantee; if the guaranteed party defaults, Dongmu is liable for the full amount.
• As of now, the company and subsidiaries have no guarantees to off-balance-sheet units and no overdue guarantees.

Such high-volume guarantees, especially when the ratio to net assets is significant, often draw investor scrutiny regarding risk management and financial safety, which may impact share price.

5. Board Opinion

The Board believes this guarantee supports subsidiary credit needs and business growth, with risks under control and no damage to the interests of the company or all shareholders.

Key Points for Investors

• The company’s external guarantee balance is high at over one-third of net assets—monitor for guarantee risk.
• The guaranteed company has just turned profitable, but is expanding rapidly; business and financial risks should be watched.
• This is a joint liability guarantee with no counter-guarantee; Dongmu faces contingent liability risk.
• If the guaranteed party defaults in the future, Dongmu must fulfill the full guarantee amount, potentially impacting its liquidity and financial position.

In summary, the disclosed large guarantee and its risk exposure constitute material information that could affect the company’s future operations and share price. Investors are advised to closely monitor further developments.

Disclaimer

This article is based on Dongmu’s publicly disclosed announcement and does not constitute investment advice. Investors should make decisions rationally according to their own risk tolerance. The company’s future financial status and stock performance may be affected by various factors. Please pay attention to subsequent announcements.

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