中青旅:为控股子公司提供担保的公告

Core Viewpoint - The company, China Youth Travel Service (CYTS), announced a bank credit application of 100 million RMB to support its business development needs, along with a guarantee agreement with China Merchants Bank [1] Group 1 - CYTS's subsidiary, CYTS Chuangge, applied for a bank credit limit of 100 million RMB from China Merchants Bank, Beijing Branch [1] - The company signed an "Irrevocable Maximum Guarantee" with China Merchants Bank, agreeing to provide a guarantee for the aforementioned bank credit [1] - Beijing Zhongshengyi Management Consulting Co., Ltd., as a minority shareholder of CYTS Chuangge, will provide a counter-guarantee based on its equity stake [1] Group 2 - After the completion of this guarantee, the total guarantee balance for CYTS Chuangge will be 2.075 billion RMB, with an available guarantee limit of 125 million RMB [1]