Xingyuan Environment: The company's total external guarantee balance is approximately 2.436 billion yuan.

Everyday AI Express, Xingyuan Environment (SZ 300266, closing price: 2.74 yuan) announced on the evening of March 16 that, as of now, the company’s approved external guarantee total amount is approximately 5.282 billion yuan, accounting for 5789.16% of the company’s latest audited net assets; the total guarantee balance provided is about 2.436 billion yuan, accounting for 2669.53% of the latest audited net assets. Among them, the guarantee balance for Shanxi Water Investment Yiyuan Water Services Co., Ltd., outside the scope of consolidated statements, is about 128 million yuan, accounting for 140.65% of the company’s latest audited net assets; the counter-guarantee balance provided to Xingfeng Guoye is 300 million yuan, accounting for 328.81%; the counter-guarantee balance for Xingfeng Holdings is 200 million yuan, accounting for 219.2%. The rest are guarantees within the company’s consolidated scope between the parent company and subsidiaries and among subsidiaries.

Everyday Headlines (nbdtoutiao)—Disputes over smart car OTA upgrades erupt due to inability to upgrade, hidden “lock-in” issues, and misleading publicity! With the mandatory implementation of national standards, automakers can no longer upgrade OTA “at will.”

(Reporter Zeng Jianhui)

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