LONGDA(SZ:002726) Shang Hai Zheng Quan Bao·2025-09-09 21:34Overview of Guarantee Situation - On May 19, 2025, the company held its annual shareholders' meeting and approved a guarantee limit of 6 billion RMB for the year 2025 for its subsidiaries, including mutual guarantees among subsidiaries and guarantees to the parent company [2] - The guarantee amount is divided into 4 billion RMB for subsidiaries with a debt-to-asset ratio of 70% or higher and 2 billion RMB for those below 70% [2] Progress of Guarantee - Recently, the subsidiary Heilongjiang Longda Meat Food Co., Ltd. signed a working capital loan agreement with Heilongjiang Anda Rural Commercial Bank with a credit amount of 9 million RMB, and the company provided a joint liability guarantee for this financing [3][4] Basic Information of the Guaranteed Party - Heilongjiang Longda Meat Food Co., Ltd. was established on December 17, 2020, with a registered capital of 100 million RMB and operates in food sales, production, and related activities [5] - The company is a limited liability company and is located in the High-tech Chemical Material Industrial Park, Anda City, Heilongjiang Province [5] Main Content of Guarantee Agreement - The guarantee is a joint liability guarantee covering the principal, interest, penalties, and all related costs incurred due to the debtor's default [6] Cumulative Guarantee Amount and Overdue Guarantees - As of the announcement date, the total guarantees provided by the company to its subsidiaries amount to 1.27 billion RMB, which is 85.70% of the company's audited equity attributable to the parent company as of December 31, 2024 [7]