NUPMG(SH:601999) Shang Hai Zheng Quan Bao·2025-09-09 20:45Core Viewpoint - The company has provided a bank credit guarantee of 0.644 billion RMB to its subsidiary, Beijing Langzhi Network Media Technology Co., Ltd., to support its operational needs and enhance the efficiency of its liquid assets [2][10]. Group 1: Guarantee Details - The total amount of guarantees provided by the company to Langzhi Media after this transaction will be 2.58 billion RMB, with an actual external guarantee balance of 1.58 billion RMB [2][6]. - The cumulative balance of bank credit guarantees provided by the company to its subsidiaries will reach 13.21 billion RMB, with an actual external guarantee balance of 6.14 billion RMB [2][11]. - The guarantee provided for Langzhi Media represents 0.36% of the company's audited net assets as of December 31, 2024 [6]. Group 2: Subsidiary Information - Langzhi Media was established on May 31, 2013, with a registered capital of 105.46 million RMB and is 58% controlled by the company [7][8]. - As of December 31, 2024, Langzhi Media reported total assets of 1.433 billion RMB, total liabilities of 973 million RMB, and net assets of 460 million RMB, with a revenue of 1.566 billion RMB and a net profit of 93 million RMB for the year [7]. Group 3: Agreement Terms - The guarantee is formalized through a "Maximum Guarantee Contract" with DBS Bank (China) Limited, Beijing Branch, covering the principal and all related costs [9][10]. - The guarantee amount is capped at 0.644 billion RMB, with a guarantee period extending until three years after the final debt fulfillment date [10].