Zhejiang Yunzhongma (SH:603130) Zheng Quan Zhi Xing·2025-08-01 16:23Summary of Key Points Core Viewpoint - The company has announced a guarantee for its wholly-owned subsidiary, Lishui Yunzhongma Trading Co., Ltd., amounting to RMB 100.25 million, which is part of a total guarantee balance of RMB 472.49 million [1][6]. Group 1: Guarantee Details - The guarantee provided to Lishui Yunzhongma Trading is under a maximum guarantee contract with China Minsheng Bank, covering a maximum debt amount of RMB 100 million, including principal and interest [1][4]. - The company has also signed an irrevocable guarantee agreement with China Merchants Bank, with a maximum limit of RMB 111 million, covering loans and other credit balances [2][5]. - As of the announcement date, the total amount of guarantees provided by the company to its subsidiaries is RMB 472.49 million, which is within the approved limit by the shareholders [6]. Group 2: Financial and Operational Context - Lishui Yunzhongma Trading Co., Ltd. is a wholly-owned subsidiary of the company, established on May 24, 2019, with a registered capital of RMB 100 million [4]. - The subsidiary's financial performance for the first quarter of 2025 shows total assets of RMB 137.62 million and total liabilities of RMB 123.61 million, indicating a net asset of RMB 14.01 million [4]. - The company’s total guarantees represent 35.54% of its latest audited net assets, with no overdue guarantees reported [6].