Core Viewpoint - The company has issued a correction announcement regarding the guarantee provided for its subsidiary's loan application, clarifying the details of the loan and the guarantee agreement with the bank [1][2]. Group 1: Loan Details - The company’s board of directors approved a loan application by Inner Mongolia Maoye Group to Ordos Bank for a total amount of RMB 100 million, with a single loan term not exceeding one year [1]. - The board also agreed that Inner Mongolia Maoye Group and its wholly-owned subsidiary would provide partial asset collateral for the loan [1]. Group 2: Guarantee Agreement - The company signed a guarantee contract with Ordos Bank to provide joint liability guarantee for the loan application, with the maximum principal limit for the guarantee set at RMB 100 million [1]. - The guarantee period is established for three years from the expiration of the debt performance period as stipulated in the main contract [1]. Group 3: Correction and Apology - The company expressed its apologies for any inconvenience caused to investors due to the correction and requested understanding from the investors [2].
茂业商业: 茂业商业关于为控股子公司提供担保的更正公告