Group 1 - The company has provided a guarantee of 70 million RMB to its wholly-owned subsidiary, Hubei Fuchun, to support its operational needs [1][4] - The maximum guarantee amount approved for 2025 is 3.8 billion RMB, covering various forms of guarantees including loans and trade financing [2][4] - Hubei Fuchun is not listed as a dishonest executor, indicating a stable financial standing [2][4] Group 2 - The guarantee agreement with Shanghai Pudong Development Bank includes a joint liability guarantee with a three-year guarantee period after the debt performance deadline [4] - The board of directors has approved this guarantee, ensuring it aligns with the company's overall interests and development strategy [5] - The total external guarantees provided by the company and its subsidiaries amount to 1.369 billion RMB, representing 72.82% of the latest audited net assets, with no overdue guarantees reported [6]
芜湖富春染织股份有限公司关于为控股子公司提供担保的公告