Core Viewpoint - The company, Tongda Chuangzhi (Xiamen) Co., Ltd., has announced the provision of guarantees for its wholly-owned subsidiaries to secure a comprehensive credit facility from banks, with a total limit of up to RMB 80 million and a guarantee amount of up to RMB 50 million [3][5]. Summary by Sections Guarantee Overview - The company approved a resolution to apply for a comprehensive credit limit of up to RMB 80 million from banks and to provide guarantees for its subsidiaries within this limit [3]. - The authorized management can handle the application for credit and guarantees within the specified limits for a period of 12 months [3]. Guarantee Progress - The company has signed two maximum guarantee contracts with Industrial Bank Co., Ltd. for its subsidiaries, Xiamen Chuangzhi Health Products Co., Ltd. and Tongda Chuangzhi (Shishi) Co., Ltd. [5]. - The maximum guarantee amount for Xiamen Chuangzhi Health Products is RMB 15 million, while for Tongda Chuangzhi (Shishi), it is RMB 30 million [9][10]. Subsidiary Information - Xiamen Chuangzhi Health Products Co., Ltd. was established on June 27, 2019, with a registered capital of RMB 30 million [6]. - Tongda Chuangzhi (Shishi) Co., Ltd. has a registered capital of RMB 146 million, following a recent increase from RMB 50 million [6][7]. Board of Directors' Opinion - The board believes that providing guarantees is necessary for improving operational efficiency and business sustainability [10]. - The subsidiaries have good asset quality, operational conditions, industry prospects, debt repayment capabilities, and credit status, indicating low and controllable risk [10]. Total External Guarantees - As of the announcement date, the total external guarantee balance is RMB 13.04 million, which is 0.96% of the company's latest audited net assets of RMB 1.36 billion [10][11].
通达创智（厦门）股份有限公司关于为全资子公司向银行申请综合授信提供担保的进展公告