LANCY(SZ:002612) Shang Hai Zheng Quan Bao·2025-08-05 17:58Core Viewpoint - The announcement details the approval of a guarantee framework for 2025, allowing the company and its subsidiaries to provide external guarantees totaling up to 3.05 billion RMB, with specific allocations based on the subsidiaries' debt ratios [2]. Summary by Sections 1. Guarantee Overview - The company has approved a total external guarantee limit of 3.05 billion RMB for 2025, with 2.4 billion RMB allocated for subsidiaries with a debt ratio not exceeding 70% and 650 million RMB for those exceeding 70% [2]. - As of the announcement date, the total external guarantee balance is 1.16716 billion RMB, representing 41.87% of the company's audited net assets for 2024 [2][14]. 2. Guarantee Details - The company provides a maximum joint liability guarantee of 160 million RMB for its subsidiary, Beijing Medical Management Co., Ltd. (Beijing Medical), which is borrowing from Hangzhou Bank [5]. - Beijing Medical also provides a joint liability guarantee for the company’s borrowing of 30 million RMB from Shanghai Pudong Development Bank [6]. 3. Financial Data - Beijing Medical has a registered capital of 1 billion RMB and was established on August 31, 2022 [8]. - The company has a registered capital of approximately 442.45 million RMB and was founded on November 9, 2006 [8]. 4. Guarantee Agreements - The guarantee for Beijing Medical's loan includes a maximum guarantee amount of 176 million RMB, covering all principal, interest, penalties, and related costs [9]. - The guarantee for the company's loan from Shanghai Pudong Development Bank has a maximum amount of 30 million RMB, covering similar costs as the previous agreement [10][11]. 5. Board Opinion - The board believes that the mutual guarantees between the company and its subsidiary will support business development and enhance operational stability without negatively impacting the company or its shareholders [12]. 6. Related Transactions - From January 1 to June 30, 2025, the company engaged in related transactions totaling approximately 54.62 million RMB with its actual controller and related parties [13]. 7. Guarantee Status - The company has no overdue guarantees or guarantees involved in litigation, ensuring a stable financial position [3][14].