Gemdale(SH:600383) Shang Hai Zheng Quan Bao·2025-07-03 18:55Group 1 - The company provides a guarantee for a loan of 1.6 billion RMB to its subsidiary, Nanjing Weipan Real Estate Development Co., Ltd., which is developing a project in Nanjing [1][3] - The loan application is made to Industrial and Commercial Bank of China with a maximum financing term of 15 years [1][3] - The guarantee covers the principal amount, interest, penalties, and other related costs, with a guarantee period of three years from the contract's effective date [3][5] Group 2 - The company has authorized a total guarantee limit of 25 billion RMB for the year 2025, which includes guarantees for its subsidiaries [2] - The current guarantee falls within the authorized limit and does not require additional board or shareholder meetings for approval [2][5] - As of the announcement date, the total external guarantee balance is 17.735 billion RMB, representing 30.04% of the company's audited net assets attributable to shareholders [5]