丰山集团: 关于为全资子公司提供担保的进展公告

Core Points - Jiangsu Fengshan Group Co., Ltd. has provided a guarantee of up to 100 million yuan for its subsidiary, Jiangsu Fengshan Biochemical Technology Co., Ltd. [1] - The total actual guarantee amount provided to Fengshan Biochemical has reached 162.26 million yuan [1] - The company has no collateral for this guarantee and has not experienced any overdue guarantees [1] Guarantee Overview - The guarantee is intended to meet the funding needs of Fengshan Biochemical, with a maximum guarantee amount of 100 million yuan established through a contract with Industrial and Commercial Bank of China [1][2] - The company plans to provide a total guarantee amount not exceeding 935 million yuan for the year 2025, which can be used in various forms such as guarantees, mortgages, and pledges [2] - The guarantee will be effective for 12 months from the approval date at the annual shareholders' meeting [2] Subsidiary Information - Jiangsu Fengshan Biochemical Technology Co., Ltd. is a wholly-owned subsidiary of Jiangsu Fengshan Group, established on October 14, 2022, with a registered capital of 100 million yuan [3][4] - The company engages in various activities including pesticide production, fertilizer production, and technology services [3][4] Financial Status of the Subsidiary - As of the announcement date, Fengshan Biochemical has total assets of approximately 1.60 billion yuan, total liabilities of about 710.35 million yuan, and net assets of approximately 894.46 million yuan [5] - The subsidiary reported an operating income of approximately 973.39 million yuan but incurred a net loss of about 7.58 million yuan [5] Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the operational plans of Fengshan Biochemical, ensuring funding needs and enhancing decision-making efficiency [6] - The implementation of the guarantee is expected to facilitate the subsidiary's business operations and align with the long-term interests of the company [6] Board Opinion - The board has approved the proposal for the guarantee amount for the year 2025 [6] Cumulative Guarantee Amount - As of May 22, 2025, the total cumulative guarantee amount provided by the company for its subsidiaries is approximately 1.32 billion yuan, with an actual guarantee balance of about 186.03 million yuan [6]