山东中农联合生物科技股份有限公司关于为全资子公司开展融资租赁业务提供担保的进展公告

Core Viewpoint - The company, Shandong Zhongnong United Biotechnology Co., Ltd., is providing a guarantee for its wholly-owned subsidiary's financing lease business, which involves a total guarantee amount exceeding 50% of the company's latest audited net assets [1][13]. Group 1: Financing Lease and Guarantee Overview - The company’s wholly-owned subsidiary, Shandong United Pesticide Industry Co., Ltd., has signed a financing lease contract with Supply and Marketing Group (Tianjin) International Financing Leasing Co., Ltd., for an amount of RMB 10 million, with a lease term of 36 months [4]. - The company provides a joint liability guarantee for the financing lease business [4]. - The total guarantee amount approved for the subsidiary is RMB 220 million, while the subsidiary can provide a guarantee of RMB 770 million to the company, totaling RMB 990 million [5]. Group 2: Approval and Contract Details - The company held board and shareholder meetings to approve the guarantee matters, with the financing amount for the subsidiary not exceeding RMB 100 million and an annual interest rate not exceeding 3.4% [6]. - The guarantee provided by the company falls within the previously approved guarantee limits, thus no additional approval procedures are required [6]. - The financing lease contract specifies that the lessee is Shandong United Pesticide Industry Co., Ltd., and the lessor is Supply and Marketing Group (Tianjin) International Financing Leasing Co., Ltd., with a total lease cost of RMB 10 million [12]. Group 3: Financial Data and Risk Status - As of the announcement date, the total guarantee amount for the company and its subsidiaries is RMB 990 million, with a total outstanding guarantee balance of RMB 607.64 million, accounting for 44.85% of the company's latest audited net assets [13]. - The company and its subsidiaries have not experienced any overdue guarantees or legal disputes related to guarantees [3][13].