Core Viewpoint - *ST WanFang (000638.SZ) has signed loan agreements totaling 39.98 million yuan with several financial institutions, and the company has provided joint liability guarantees for these loans. As of December 19, 2025, the company failed to repay 38.56 million yuan of the due debt, which constitutes 25.52% of its latest audited net assets [1] Group 1 - The company has entered into loan contracts with Jiutai Rural Commercial Bank, Liaoyuan Rural Commercial Bank, and Dongliao Credit Cooperative for a total amount of 39.98 million yuan [1] - The loans are due on December 18, 2025, and the company has provided guarantees for the principal, interest, and penalties associated with these loans [1] - As of the announcement date, the company has no overdue external guaranteed loans or any litigation-related guarantee amounts [1] Group 2 - On December 19, 2025, the company was unable to repay the due debt of 38.56 million yuan and did not sign a renewal contract with creditors in a timely manner [1] - The unpaid principal of the due debt accounts for 25.52% of the company's most recent audited net assets [1] - To protect its interests in the guarantee business, the company has required Hebei Weidomei, a 40% shareholder of WanFang Maijie, to provide counter-guarantees in proportion to its investment, and a counter-guarantee agreement has been signed [1]
*ST万方(000638.SZ):公司为控股子公司担保贷款逾期