ZZPZH(SH:600436) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-07-22 23:24Group 1 - The company has signed a maximum mortgage contract with Fujian Pizaihuang Cosmetics Co., Ltd. to provide a guarantee of up to 8 million yuan for its subsidiary Hangzhou Chuanghua's 2024 annual distribution contract [2] - Hangzhou Chuanghua has fully settled the guaranteed account period under the mortgage contract by December 24, 2024, and the mortgage was officially released on June 23, 2025 [2] - The company approved a new mortgage guarantee for Hangzhou Chuanghua for the 2025 annual distribution contract with Pizaihuang, with the same maximum guarantee amount of 8 million yuan [3] Group 2 - The mortgage property is a non-residential real estate located at No. 51, Binhai West Road, Taiyuan City, Shanxi Province [3] - Hangzhou Chuanghua and its shareholder, KunTing Technology, provided counter-guarantees for the company's mortgage [2][3] - The company has completed the necessary mortgage registration procedures as required by the relevant agreements [3]