辰林教育(01593.HK)向附属公司江西应用科技学院提供不超过3亿元担保

Core Viewpoint - Chenlin Education (01593.HK) has provided a guarantee of up to RMB 300 million to CITIC Bank Nanchang Branch to support its wholly-owned subsidiary, Jiangxi Applied Technology College, in fulfilling its obligations under a bank financing agreement [1] Group 1 - The guarantee aims to provide favorable financing resources for the operational activities of the college, enhancing its cash flow management [1] - The board of directors believes that the financing agreement and the guarantee terms were determined through fair negotiations among the parties involved, and are reasonable and in the overall interest of the company and its shareholders [1]