Ribo Fashion(SH:603196) Zheng Quan Zhi Xing·2025-06-18 09:28Summary of Key Points Core Viewpoint - The company has provided a guarantee for its wholly-owned subsidiary, Ribo Fashion Industry (Shanghai) Co., Ltd., to support its daily operations, with a maximum guarantee amount of RMB 50 million [1][5]. Group 1: Guarantee Overview - The guarantee is provided by Ribo Zhisheng Industrial Co., Ltd. for Ribo Fashion Industry (Shanghai) Co., Ltd. [4] - The creditor is Shanghai Bank Co., Ltd. Songjiang Branch [5]. - The guarantee amount is capped at RMB 50 million, with a joint liability guarantee method [5]. - The guarantee period is from June 17, 2025, to October 30, 2026, with a three-year liability period for the guarantor after each debt's maturity [5]. Group 2: Subsidiary Information - Ribo Fashion Industry (Shanghai) Co., Ltd. was established on May 19, 2023, with a registered capital of RMB 10 million [3]. - The company operates in various sectors, including clothing design, manufacturing, and sales, as well as other consumer goods [3]. - The subsidiary's financial data for 2024 shows total assets of RMB 44.4 million, total liabilities of RMB 44.4 million, net assets of RMB 41.7 million, operating income of RMB 11.6 million, and a net profit of RMB 106,300 [4]. Group 3: Guarantee Agreement Details - The total guarantee amount provided by the company and its subsidiaries for Ribo Fashion Industry is RMB 100 million, which is within the approved limit by the shareholders' meeting [4]. - There are no counter-guarantees associated with this guarantee [4]. - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 155 million, which is within the acceptable range of the company's net assets [6].