GTCL(SZ:000978) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-09 22:45Group 1 - The company, Guilin Tourism Co., Ltd., has provided a guarantee and mortgage for a loan of up to 60 million yuan (approximately 8.82 million USD) taken by its wholly-owned subsidiary, Shengdong Lianhua Performing Arts Development Co., Ltd. [2] - As of June 30, 2025, the outstanding loan principal balance was 48.05 million yuan (approximately 7.06 million USD) [2] - On September 9, 2025, the company was notified that Shengdong Lianhua had fully repaid the loan principal and interest, leading to the release of the guarantee responsibility [3] Group 2 - After the release of the guarantee responsibility, the total amount of external guarantees by the company and its subsidiaries is 88.2 million yuan (approximately 12.93 million USD), which accounts for 8.23% of the company's latest audited net assets attributable to shareholders [4] - As of the date of the announcement, the company has no overdue guarantees and there are no guarantees involved in litigation or that would result in liability due to a judgment against the company [4]