龙头股份为全资子公司提供担保，涉及金额达4,000万元

2026年4月30日，上海龙头（集团）股份有限公司（股票代码：600630）发布公告，披露公司将为全资子公司上海三枪（集团）有限公司与上海针织九厂有限公司向南京银行上海分行的借款提供最高额连带责任担保，担保总额为4,000万元。

一、公告重点内容摘要

• 本次担保对象为全资子公司上海三枪（集团）有限公司（下称“三枪集团”）和上海针织九厂有限公司（下称“针织九厂”）。
• 为三枪集团提供3,000万元担保，为针织九厂提供1,000万元担保。
• 本次担保均为连带责任保证，担保期限为主合同项下债务履行期限届满之日起三年。
• 截至公告日，公司无逾期担保，累计对外担保余额9,000万元，占公司最近一期经审计净资产的11.41%。
• 本次担保事项已在公司2024年年度股东会及董事会批准的额度范围内，无需另行召开会议审议。

二、对投资者及股东的重要影响

• 资产负债率警示：三枪集团资产负债率高达88.23%，属于高负债企业，针织九厂资产负债率则为48.85%。本次担保涉及资产负债率超过70%的单位，提示一定的财务风险。
• 担保规模与风险：担保金额占净资产比例为11.41%，虽然未超过50%或100%的监管红线，但依然构成一定规模，投资者需关注后续偿债能力和公司整体风险敞口。
• 无逾期担保与风险控制：截至公告披露日，公司无逾期担保，也未为控股股东、实际控制人提供担保，风险总体可控。
• 经营与盈利能力：三枪集团2025年净利润为8,451.46万元，针织九厂为1,187.66万元。担保有助于支持子公司运营，有望稳定和提升集团业绩。
• 董事会及股东会审批：本次担保均在已获批额度内，合规合法，程序合规性强。

三、详细担保条款解读

1. 三枪集团担保条款：公司为三枪集团向南京银行上海分行提供最高额3,000万元连带责任保证，担保范围包括主债权本金、利息（含复利、罚息）、违约金、损害赔偿金及为实现债权发生的费用，保证期间为每次债务履行期限届满后3年。
2. 针织九厂担保条款：公司为针织九厂向南京银行上海分行提供最高额1,000万元连带责任保证，担保内容与三枪集团一致。

四、公司及子公司基本情况

• 三枪集团为龙头股份全资子公司，2025年总资产155,539.51万元，负债137,226.06万元，净资产18,313.45万元。
• 针织九厂为三枪集团全资子公司，2025年总资产79,637.36万元，负债38,905.56万元，净资产40,731.80万元。

五、潜在影响与投资者关注点

• 本次担保支持子公司经营扩张，有助于巩固主营业务基础，提升业绩稳定性，可能对公司未来业绩及股价形成正面支撑。
• 但需警惕高负债子公司经营风险，以及大额担保对母公司资金安全的潜在影响。

六、结论

本次对全资子公司的担保事项，既展现了公司对核心业务板块的支持力度，也带来一定的财务风险暴露。投资者需密切关注三枪集团的偿债能力和盈利表现，警惕高负债子公司可能带来的风险隐患。同时，龙头股份通过规范的董事会及股东会决策流程，保障了担保事项的合法合规性，整体风险可控。该信息或对公司估值及市场表现产生影响，值得投资者高度关注。

免责声明：本文内容仅供参考，不构成任何投资建议。投资有风险，入市需谨慎。投资者应结合自身实际情况，审慎决策。

English Version

Lontop Group Issues RMB 40 Million Guarantee for Subsidiaries

On April 30, 2026, Shanghai Lontop (Group) Co., Ltd. (Stock code: 600630) announced that it will provide maximum joint liability guarantees totaling RMB 40 million for its wholly-owned subsidiaries Shanghai Sanchuang (Group) Co., Ltd. and Shanghai Knitting No.9 Factory Co., Ltd. for their borrowings from Nanjing Bank Shanghai Branch.

1. Key Highlights of the Announcement

• The guarantee targets are wholly-owned subsidiaries Sanchuang Group and Knitting No.9 Factory.
• The company will provide RMB 30 million guarantee for Sanchuang Group and RMB 10 million for Knitting No.9 Factory.
• All guarantees are joint liability, with a guarantee period of three years after the debt fulfillment date under the main contract.
• As of the announcement date, there are no overdue guarantees. The cumulative balance of external guarantees is RMB 90 million, accounting for 11.41% of the latest audited net assets.
• These guarantees are within the previously approved limits by the board and shareholders, and thus do not require further approval.

2. Issues of Interest to Investors and Shareholders

• Leverage Alert: Sanchuang Group’s asset-liability ratio is as high as 88.23%, indicating high leverage; Knitting No.9 Factory’s is 48.85%. The guarantee involves units with debt ratios over 70%, signaling certain financial risks.
• Guarantee Scale and Risk: The guarantee amount accounts for 11.41% of net assets. While below regulatory thresholds of 50% or 100%, it still represents a significant exposure—investors should monitor repayment capacity and overall company risk.
• No Overdue Guarantees: As of this announcement, the company has no overdue guarantees and does not guarantee for controlling shareholders or actual controllers, indicating overall risk is manageable.
• Business and Profitability: Sanchuang Group’s net profit for 2025 is RMB 84.5146 million; Knitting No.9 Factory’s is RMB 11.8766 million. The guarantees support subsidiary operations and are likely to stabilize and enhance group results.
• Legal and Procedural Compliance: The guarantees are within approved limits and have followed standard board and shareholder procedures.

3. Detailed Guarantee Terms

1. Sanchuang Group Guarantee: Lontop Group provides a maximum joint liability guarantee of RMB 30 million to Nanjing Bank Shanghai Branch, covering principal, interest (including compound and penalty interest), liquidated damages, damages, and all costs associated with enforcing the claim. The guarantee period is three years after the debt repayment date under the main contract.
2. Knitting No.9 Factory Guarantee: Lontop Group provides a maximum joint liability guarantee of RMB 10 million; the terms are consistent with those for Sanchuang Group.

4. Basic Information on the Company and Subsidiaries

• Sanchuang Group is a wholly-owned subsidiary, with total assets of RMB 1.555 billion, liabilities of RMB 1.372 billion, and net assets of RMB 183 million as of end-2025.
• Knitting No.9 Factory is a wholly-owned subsidiary under Sanchuang Group, with total assets of RMB 796 million, liabilities of RMB 389 million, and net assets of RMB 407 million as of end-2025.

5. Potential Impact and Investor Focus

• These guarantees support subsidiary operations and may underpin core business growth, enhancing future group performance and possibly supporting the share price.
• However, investors should heed the financial risk posed by highly leveraged subsidiaries and the possible impact of large guarantees on parent company financial security.

6. Conclusion

The guarantees to wholly-owned subsidiaries demonstrate Lontop Group’s commitment to core business support but also increase financial risk exposure. Investors should closely monitor Sanchuang Group’s debt servicing and profitability, and be aware of the risks associated with high leverage. The company’s internal control and compliance procedures are robust, suggesting overall risk is controllable. This development could affect company valuation and market performance and warrants investor attention.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should exercise caution and make decisions based on their individual circumstances.

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