上海凤凰：为全资子公司凤凰自行车提供1亿元担保

Core Viewpoint - The company Shanghai Phoenix has signed a maximum guarantee contract with Bank of Communications, providing a guarantee of up to 100 million yuan for its wholly-owned subsidiary Phoenix Bicycle's debt related to credit business [1] Group 1: Company Actions - The company has agreed to provide a guarantee for its subsidiary with a limit not exceeding 950 million yuan, and the current guarantee falls within this authorized range [1] - As of the announcement date, the company's total external guarantee balance is 637 million yuan, including the new guarantee, with no overdue guarantees reported [1] Group 2: Financial Performance - Phoenix Bicycle reported a revenue of 1.191 billion yuan and a net profit of 85 million yuan for Q3 2025 [1]