NUPMG(SH:601999) Zheng Quan Zhi Xing·2025-08-22 14:17Summary of Key Points Core Viewpoint - The announcement details the provision of guarantees by Northern United Publishing Media (Group) Co., Ltd. for its subsidiary, Liaoning Printing Material Co., Ltd., and its subsidiaries, amounting to a total of 180 million yuan, aimed at facilitating bank credit operations. Group 1: Guarantee Details - The total guarantee amount provided is 180 million yuan, with an actual guarantee balance of 125 million yuan prior to this announcement [1] - The guarantees are structured as joint liability guarantees with a duration of three years from the maturity of the debt [5] - The guarantees are intended to support the operational liquidity needs of the subsidiary, which is engaged in the printing materials business [5][6] Group 2: Internal Decision-Making Process - The annual shareholders' meeting held on June 26, 2025, approved the proposal for the company and its subsidiaries to provide guarantees for bank credit, with a total limit of 580 million yuan for one year [2] - The current guarantee balance for the subsidiary is 125 million yuan, with unused guarantee capacity remaining [2] Group 3: Financial Overview of the Guaranteed Entities - Liaoning Printing Material Co., Ltd. has total assets of 384.37 million yuan and total liabilities of 264.07 million yuan as of the latest audited period [3] - The subsidiary reported a net profit of 4.81 million yuan for the fiscal year 2024 [3] - Liaoning Wenda Paper Co., Ltd., another guaranteed entity, has total assets of 201.04 million yuan and total liabilities of 136.23 million yuan as of the latest audited period [4] Group 4: Board of Directors' Opinion - The board supports the provision of guarantees to facilitate the growth of the company and its subsidiaries, confirming that the total guarantee amount is within the approved limits [6] - The company has no overdue guarantees and has not provided guarantees to controlling shareholders or related parties [6]