Bestore(SH:603719) Shang Hai Zheng Quan Bao·2026-01-05 19:28Group 1 - The company has signed a maximum guarantee contract with Bank of China, providing a guarantee for its wholly-owned subsidiary, Hubei Liangpinpuzi Food Industry Co., Ltd., for a credit application amounting to RMB 150 million [1] - The company has authorized a total guarantee amount of up to RMB 2.4 billion for its subsidiaries, which includes the recent guarantee for Hubei Liangpinpuzi Food Industry [2] - The guarantee does not require additional approval from the board or shareholders as it falls within the authorized limit set by the shareholders' meeting [3] Group 2 - The subsidiary, Hubei Liangpinpuzi, has a good credit status and is not a defaulter, with no significant issues affecting its repayment ability [4] - The guarantee is structured as a joint liability guarantee, with a guarantee period of three years from the maturity of each debt [5] - The company believes that the guarantee is a reasonable business decision based on the subsidiary's stable operations and funding needs, and it will not affect the company's ongoing viability or shareholder interests [6] Group 3 - The board of directors has approved the guarantee, emphasizing its importance for the subsidiary's operational and project financing needs, which will help reduce financing costs and support long-term development [7] - As of December 31, 2025, the company has not provided guarantees to controlling shareholders or related parties, with total external guarantees amounting to RMB 375.03 million, representing 16.72% of the latest audited net assets attributable to shareholders [8]