QIFAN(SH:605222) Shang Hai Zheng Quan Bao·2025-08-08 19:16Group 1 - The company has signed a guarantee contract with Shanghai Rural Commercial Bank to support its subsidiary, Shanghai Qifan E-commerce Co., Ltd., with a guarantee amount of RMB 50 million [2][5] - The guarantee is a joint liability guarantee with a term of three years from the expiration of the main contract [2][5] - The company has approved a total guarantee limit for its subsidiaries, including Qicheng Qifan Cable Co., Ltd. (RMB 1.1 billion), Yichang Qifan Cable Co., Ltd. (RMB 50 million), and Qifan Technology Co., Ltd. (RMB 20 million) [3] Group 2 - The board of directors approved the guarantee proposal with unanimous support, indicating that it aligns with the company's overall development strategy [7] - The company has a total of RMB 1.635 billion in guarantees to subsidiaries, with a balance of RMB 638.54 million, accounting for 13.76% of the company's audited net assets as of the end of 2024 [8] - There are no overdue guarantees or violations related to the guarantees provided by the company [8]