CCLM(SZ:000719) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-29 01:46Core Viewpoint - The company has signed a maximum guarantee contract with Industrial Bank Co., Ltd. Zhengzhou Branch to provide guarantees for its wholly-owned subsidiary Henan Xinhua Material Group Co., Ltd. and its subsidiaries, ensuring necessary financing for their daily operations [1][8]. Summary by Sections Guarantee Execution Overview - On April 23, 2024, the company's board approved a bank comprehensive credit guarantee for Shenzhen Toli Trading Co., Ltd. totaling no more than 65 million RMB [1]. - On April 17, 2025, the board approved a bank comprehensive credit guarantee for Henan Xinhua Material Group and its wholly-owned subsidiaries, totaling no more than 400 million RMB [2]. Main Content of Guarantee Contracts - For Henan Xinhua Material Group: - Guarantor: Zhongyuan Dadi Media Co., Ltd. - Creditor: Industrial Bank Co., Ltd. Zhengzhou Branch - Guarantee Amount: 140 million RMB [4]. - For Henan Guoguang: - Guarantor: Zhongyuan Dadi Media Co., Ltd. - Creditor: Industrial Bank Co., Ltd. Zhengzhou Branch - Guarantee Amount: 150 million RMB [6]. - For Henan Toli: - Guarantor: Zhongyuan Dadi Media Co., Ltd. - Creditor: Industrial Bank Co., Ltd. Zhengzhou Branch - Guarantee Amount: 30 million RMB [6]. - For Shenzhen Toli: - Guarantor: Zhongyuan Dadi Media Co., Ltd. - Creditor: Industrial Bank Co., Ltd. Zhengzhou Branch - Guarantee Amount: 65 million RMB [7]. Guarantee Scope and Validity - The guarantees cover all debts arising from loans, financing, and other financial services, including principal, interest, penalties, and related costs [3][6]. - The validity period for the guarantees is from September 17, 2025, to September 16, 2027 [5][7]. Cumulative Guarantee Amount - As of the announcement date, the total guarantees provided by the company for its subsidiaries amount to 385 million RMB, representing 3.35% of the company's latest audited net assets [8].