辰林教育(01593)就银行授信向公司附属公司应科院提供担保

Core Viewpoint - Chenlin Education (01593) has provided a guarantee of up to RMB 300 million to CITIC Bank's Nanchang branch to support its wholly-owned subsidiary, Jiangxi Applied Science Institute, in fulfilling its obligations under a financing agreement [1] Group 1 - The guarantee aims to ensure that Jiangxi Applied Science Institute can properly fulfill its obligations as a borrower under the financing agreement with CITIC Bank [1] - The board believes that signing the financing agreement and providing the guarantee will offer favorable financing resources for the operations of Jiangxi Applied Science Institute, thereby strengthening its cash flow management [1]