浙江五芳斋实业股份有限公司 关于为全资子公司提供担保的进展公告

Core Points - The company has signed a maximum guarantee contract with China Everbright Bank for a total amount of RMB 50 million for its wholly-owned subsidiary Chengdu Wufangzhai Food Co., Ltd [1][2] - The guarantee is intended to support the operational development of the subsidiary and improve overall financing efficiency for the company [4][5] - The board of directors has approved the guarantee, confirming that it does not harm the interests of the company or its shareholders [5][6] Summary by Sections Guarantee Object and Basic Information - The company provides a joint liability guarantee for Chengdu Wufangzhai with a maximum principal balance of RMB 50 million [1][2] Internal Decision-Making Process - The board and supervisory committee meetings held on April 15, 2025, approved the guarantee proposal, which is within the expected limit and does not require further approval [2] Basic Information of the Guaranteed Party - Chengdu Wufangzhai is a wholly-owned subsidiary of the company, allowing for effective control and management [4] Main Content of the Guarantee Agreement - The guarantee covers the principal amount, interest, penalties, and all related costs, with a guarantee period of three years from the debt maturity date [4] Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the subsidiary's operational needs and is expected to enhance the company's overall financing efficiency [4][5] Cumulative External Guarantee Amount and Overdue Guarantees - As of the announcement date, the total external guarantees amount to RMB 50 million, representing 2.91% of the company's latest audited net assets, with no overdue guarantees reported [6]