YUANLI(SH:603217) Zheng Quan Zhi Xing·2025-05-23 08:11Summary of Key Points Core Viewpoint - The company, Yuanli Chemical Group Co., Ltd., has provided a guarantee for its wholly-owned subsidiary, Weifang Yuanli New Materials Co., Ltd., to secure a bank loan of up to RMB 460 million from China Merchants Bank, Weifang Branch, with no overdue guarantees reported [1][4]. Group 1: Guarantee Overview - The guarantee amount provided by the company for Weifang Yuanli is RMB 460 million [1][5]. - The guarantee is structured as a joint liability guarantee, ensuring that the company is responsible for all debts of the debtor [4][5]. - The company has no overdue guarantees, and the total amount of external guarantees is 14.01% of the company's latest audited net assets [4]. Group 2: Subsidiary Information - Weifang Yuanli was established on November 11, 2021, with a registered capital of RMB 100 million [2]. - The subsidiary operates in the chemical industry, focusing on the sales and manufacturing of chemical products and materials [2]. - As of December 31, 2023, Weifang Yuanli reported total assets of approximately RMB 798 million and total liabilities of approximately RMB 293 million [3]. Group 3: Financial Performance - For the fiscal year 2023, Weifang Yuanli reported a revenue of approximately RMB 280 million, with a net loss of approximately RMB 9.4 million [3]. - The projected financial performance for 2024 indicates a revenue of approximately RMB 9.18 million and a net loss of approximately RMB 18.33 million [3].