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盈方微:为控股子公司熠存存储提供1000万元担保

Core Viewpoint - The company has provided a guarantee of 10 million RMB for its subsidiary, Yicun Storage Technology (Shanghai) Co., Ltd., for a loan with Shanghai Pudong Development Bank, indicating confidence in the subsidiary's risk management despite its high debt ratio [1] Group 1 - The guarantee amount is 10 million RMB, which is within the authorized guarantee limit of the company [1] - The subsidiary, Yicun Storage, has a debt-to-asset ratio exceeding 70%, but the company believes the risk is manageable and will not harm its interests [1] - No additional approval from the board of directors or shareholders is required for this guarantee [1]