Overview of Guarantee Situation - Tianjin Yiyi Hygiene Products Co., Ltd. (hereinafter referred to as "Yiyi" or "the company") has approved a guarantee for its wholly-owned subsidiary Hebei Yiyi Technology Development Co., Ltd. (hereinafter referred to as "Hebei Yiyi") with a total amount not exceeding RMB 180 million [2][3] - The guarantee is valid for a period of no more than 12 months from the date of approval by the shareholders' meeting [2] Progress of Guarantee - On September 25, 2025, the company signed a Comprehensive Credit Agreement with China Everbright Bank Tianjin Branch, providing a maximum credit limit of RMB 100 million to Hebei Yiyi, which includes general loans of RMB 40 million and bank acceptance bills of RMB 60 million [3] - To ensure the performance of the Comprehensive Credit Agreement, the company provided a joint liability guarantee to the bank for Hebei Yiyi's debts arising from the agreement [3] Basic Information of the Guaranteed Entity - Hebei Yiyi was established on September 14, 2017, with a registered capital of RMB 50 million [4] - The company specializes in the production of hygiene products and disposable medical supplies, among other activities [4] Financial Indicators of Hebei Yiyi - As of June 30, 2025, Hebei Yiyi had total assets of RMB 714.33 million, net assets of RMB 121.94 million, and total liabilities of RMB 592.38 million, resulting in a debt-to-asset ratio of 82.93% [6] Guarantee Contract Details - The maximum principal amount guaranteed is RMB 100 million, covering all debts including interest, penalties, and other fees [7][8] - The guarantee period is calculated separately for each specific credit transaction, lasting three years from the debt maturity date [9] Cumulative External Guarantee Amount - After this guarantee, the total guarantee amount provided by the company and its subsidiaries is RMB 230 million, accounting for 12.55% of the company's latest audited net assets [11] - The total balance of external guarantees after this provision is RMB 150 million, which is 8.18% of the company's latest audited net assets [11]
天津市依依卫生用品股份有限公司关于公司为子公司提供担保的进展公告