IMS(SH:600556) Zheng Quan Zhi Xing·2025-05-21 09:29Summary of Key Points Core Viewpoint The announcement details the progress of guarantees provided by Tianxiaxiu Digital Technology (Group) Co., Ltd. for its wholly-owned subsidiaries, Beijing Tianxiaxiu Advertising Co., Ltd. and Tianxiaxiu Advertising Co., Ltd., highlighting the total guarantee amount and the internal decision-making process for these guarantees. Group 1: Guarantee Overview - The total guarantee amount provided is RMB 191,223.97 million, which accounts for 49.93% of the company's latest audited net assets [1][8]. - The guarantees include a maximum credit amount of RMB 50 million to Beijing Advertising from Xiamen International Bank Beijing Branch, valid until May 11, 2028 [1]. - A maximum credit amount of RMB 100 million to Beijing Advertising from Shanghai Bank Beijing Branch, valid until April 9, 2026 [2]. Group 2: Internal Decision-Making Process - The company held board meetings on April 22, 2025, and May 20, 2025, to approve the guarantee amounts within the authorized limits, eliminating the need for further board or shareholder approval [3][8]. - The guarantees are within the scope of the authorized limits set during the 2024 annual shareholders' meeting [8]. Group 3: Subsidiary Information - Tianxiaxiu Advertising Co., Ltd. has a registered capital of RMB 15,000 million and reported total assets of RMB 333,394.01 million as of December 31, 2024 [4]. - Beijing Tianxiaxiu Advertising Co., Ltd. has a registered capital of RMB 20,000 million and reported total assets of RMB 248,446.92 million as of December 31, 2024 [5]. Group 4: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary to support the normal business development and operational needs of the subsidiaries, which are financially stable and have good credit status [8]. - The guarantees do not harm the interests of the company or minority shareholders and will not adversely affect the company's operations and business development [8].