JIANGSU HOLLY(SH:600128) Zheng Quan Zhi Xing·2025-07-18 10:10Core Points - The company announced a guarantee of 40 million yuan for its subsidiary Jiangsu Hongye International Technology Engineering Co., Ltd. [1] - The total guarantee amount for the company and its subsidiaries is 428 million yuan, with 353 million yuan specifically for controlling subsidiaries, which is 3.53% of the company's latest audited net assets [6][7] - The company holds a 51% stake in the subsidiary, with the remaining 49% held by individual employee shareholders [2] Summary by Sections Guarantee Overview - The company approved a guarantee limit of up to 525 million yuan for seven controlling subsidiaries during the 2024 annual shareholders' meeting [2] - The specific guarantee for Jiangsu Hongye International Technology Engineering Co., Ltd. is capped at 175 million yuan [2] Subsidiary Information - Jiangsu Hongye International Technology Engineering Co., Ltd. is a controlling subsidiary of the company, with a registered capital of 30 million yuan and established in August 2012 [4] - The company is involved in various business activities, including medical device sales, engineering design, and technology services [4] Financial Metrics - As of the first quarter of 2025, the subsidiary reported total assets of approximately 557.14 million yuan and total liabilities of about 505.05 million yuan [5] - The net profit for the first quarter of 2025 was approximately 6.29 million yuan, compared to 10.74 million yuan for the same period in the previous year [5] Guarantee Agreement Details - The company signed a guarantee agreement with China Merchants Bank for a credit facility of 120 million yuan for the subsidiary, with a guarantee amount of 40 million yuan [6] - The guarantee is intended to support the subsidiary's business development and reduce financing costs [6]