MJNY(SZ:000723) Shang Hai Zheng Quan Bao·2025-09-26 18:25Group 1 - The company provided a guarantee for its subsidiary Shanxi Meijin Huasheng Chemical New Materials Co., Ltd. to secure a credit line of 50 million yuan from CITIC Bank [2][8] - The total guarantee amount approved by the company's first extraordinary general meeting in 2025 is up to 4.6 billion yuan, allowing subsidiaries to apply for loans or financing within this limit [3][9] - As of June 30, 2025, the subsidiary's asset-liability ratio exceeded 70%, and the guarantee amount exceeds 50% of the company's latest audited net assets [1][9] Group 2 - The subsidiary has total assets of approximately 1.27 billion yuan and total liabilities of about 953 million yuan as of June 30, 2025, with a net asset value of around 314 million yuan [6] - The subsidiary reported a net loss of approximately 2.78 million yuan for the first half of 2025, following a full-year net loss of about 39.26 million yuan in 2024 [6] - The company maintains effective control over the subsidiary in terms of management, finance, and investment, which is believed to mitigate risks associated with the guarantee [8]