Yifeng Pharmary(SH:603939) Zheng Quan Zhi Xing·2025-09-03 16:08Core Viewpoint - The company has announced a guarantee for its wholly-owned subsidiary, Jiangsu Yifeng, amounting to 300 million yuan, aimed at supporting its operational and business development needs [1][3][4]. Summary by Sections Guarantee Overview - The guarantee amount provided to Jiangsu Yifeng is 30 million yuan, with a total guarantee balance of 70 million yuan [1]. - The guarantee is part of a comprehensive credit facility agreement with Industrial Bank Co., Ltd. Nanjing Branch, effective from July 23, 2025, to June 18, 2026 [2][3]. Financial Health of the Subsidiary - Jiangsu Yifeng has a strong profitability and debt repayment capability, with total assets of 236,934.21 million yuan and total liabilities of 154,822.83 million yuan as of the latest audited financials [2][3]. - The subsidiary's net profit for the previous year was 12,462 million yuan, indicating a stable financial position [2]. Board's Opinion - The board believes that providing this guarantee is a reasonable estimate based on the subsidiary's business development needs and financial stability, ensuring that it aligns with the company's overall strategic goals [4]. - The decision-making process for the guarantee complies with relevant laws and regulations, ensuring no harm to shareholders, particularly minority shareholders [4]. Cumulative Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 271,500 million yuan, which is 25.31% of the company's latest audited net assets [4]. - There are no overdue guarantees or guarantees provided to related parties, ensuring a controlled risk environment [4].