Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-17 23:51Group 1 - The company announced the termination of its subsidiary's subscription to a private equity investment fund due to changes in market conditions and incomplete preparations by partners [2][4] - The investment was initially approved in May 2024, with the subsidiary committing 200 million RMB, representing 39.84% of the fund's total subscription [3] - The termination does not pose any significant legal obstacles, does not constitute a major asset restructuring, and does not require board or shareholder approval [2][4] Group 2 - The company provided a bank credit guarantee of 120 million RMB for its wholly-owned subsidiary, Jiangxi Blue Ocean International Trade Co., Ltd., increasing the total guarantee balance to 543 million RMB [6][10] - The total bank credit guarantee for all subsidiaries amounts to 1.542 billion RMB, with actual guarantees totaling 784 million RMB [7][16] - The guarantee is intended to support the subsidiary's operational needs and is within the approved limits set by the company's board and shareholders [8][14]