Core Viewpoint - The company has signed a guarantee contract with Industrial Bank Co., Ltd. Nanning Branch to provide a joint liability guarantee for its wholly-owned subsidiaries, with a total guarantee amount not exceeding RMB 19.8 million [1] Group 1: Guarantee Details - The guarantee is for the financing obtained by Guangxi Baise Fenglin Wood Co., Ltd. and Guangxi Fenglin Wood Co., Ltd., with a maximum guarantee amount of RMB 9.9 million for each subsidiary, totaling RMB 19.8 million [1] - The guarantee period is three years from the expiration of the main contract's debt performance period [1] - There is no counter-guarantee involved, and no other shareholders are providing guarantees [1] Group 2: Financial Position - As of the announcement date, the company has provided a guarantee balance of RMB 131.9 million for Baise Fenglin and RMB 124.9 million for Fenglin Wood, with a total external guarantee amount of RMB 720 million [1] - The total guarantees represent 27.55% of the audited net assets for the fiscal year 2024, with no overdue guarantees reported [1] - The guarantee matters are within the approved guarantee limit set by the company's 2025 annual general meeting, thus no additional review procedures are required [1]
丰林集团:为全资子公司百色丰林人造板有限公司和广西丰林人造板有限公司提供不超过1980.00万元担保