Core Viewpoint - The company, Rongsheng Real Estate Development Co., Ltd., has announced a plan to provide guarantees for financing to its subsidiaries, which is aimed at supporting their development and ensuring they can repay the financing [2][8]. Summary by Sections Guarantee Overview - The company will provide a joint liability guarantee for its subsidiary, Shenyang Rongsheng Zhongtian Real Estate Development Co., Ltd., for a financing amount of 21.8 million yuan, with a total guarantee amount not exceeding 25 million yuan and a term of up to 55 months [2]. - Additionally, the company will provide a joint liability guarantee for another subsidiary, Shenyang Rongsheng New Landmark Real Estate Development Co., Ltd., for a financing amount of 25.423 million yuan, with a total guarantee amount not exceeding 30 million yuan and a term of up to 54 months [3]. Guarantee Usage - The total actual guarantee amount provided by the company is 43.081 billion yuan, which accounts for 290.01% of the company's most recent audited net assets [8]. - The actual guarantee balance provided to entities outside the consolidated financial statements is 7.722 billion yuan, representing 51.98% of the company's most recent audited net assets [8]. Subsidiary Information - Shenyang Rongsheng Zhongtian was established on November 10, 2015, with a registered capital of 50.6 million yuan, and the company holds a 97.83% stake in it [4]. - Shenyang Rongsheng New Landmark was established on July 2, 2013, with a registered capital of 470 million yuan, and the company holds a 99.89% stake in it [5]. Board Opinion - The board of directors believes that providing guarantees for the subsidiaries is to support their development and does not harm the interests of the company and its shareholders, as both subsidiaries are considered to have a low operational risk and sufficient capacity to repay the financing [8].
荣盛房地产发展股份有限公司关于为下属公司融资提供担保的公告