Zheng Quan Zhi Xing·2025-09-01 10:20Group 1 - The company plans to provide a loan guarantee of up to €90 million for its wholly-owned subsidiary, Shanghai Jiyou (Hong Kong) Investment Management Co., Ltd., to support its production and operations [1][2][4] - The guarantee is necessary as the subsidiary's debt-to-asset ratio exceeds 70%, requiring shareholder approval for the guarantee [2][4] - The board of directors has approved the guarantee, with a unanimous vote of 8 in favor and no opposition [4] Group 2 - The company intends to apply for the registration and issuance of debt financing instruments totaling RMB 10 billion, with a validity period of two years [6][7] - The funds raised will be used to replace existing debt and for other purposes recognized by the trading association [6][7] - The company will seek authorization for the financial director to manage the issuance process and related matters [7][8]