TSZY(SZ:002872) Shang Hai Zheng Quan Bao·2026-01-20 18:13Summary of Key Points Core Viewpoint - Tian Sheng Pharmaceutical Group Co., Ltd. has provided guarantees for its subsidiary and accepted guarantees from related parties, which involves a credit application of 27 million RMB from Hubei Tian Sheng Pharmaceutical Co., Ltd. to Chongqing Rural Commercial Bank [1][2]. Group 1: Guarantee Overview - The company approved a credit guarantee for its wholly-owned subsidiary, Hubei Tian Sheng, amounting to 27 million RMB, with the guarantee provided by the company and related party Liu Shuang [1][2]. - The guarantee is within the previously approved limit and does not require further board or shareholder approval [2]. Group 2: Details of the Guarantee - The maximum debt amount guaranteed is 27 million RMB, covering principal, interest, penalties, and all related costs incurred by the bank [4][7]. - The guarantee is a joint liability guarantee, meaning all guarantors are equally responsible for the debt [5][6]. Group 3: Financial and Related Party Information - Hubei Tian Sheng is a wholly-owned subsidiary and is not listed as a dishonest executor [3]. - Liu Shuang, the chairman and general manager, holds 7,500 shares, representing 0.0024% of the total share capital, and is also not a dishonest executor [3]. Group 4: Guarantee Contract Details - The guarantee period extends for three years after the debt fulfillment deadline, with specific conditions for extension in case of debt restructuring [8][9]. - The contract becomes effective upon signing by the involved parties [10]. Group 5: Related Transactions and Guarantees - From January 1, 2026, to the disclosure date, Liu Shuang has not engaged in any other related transactions apart from providing the guarantee [11]. - The total external guarantee amount by the company and its subsidiaries is 225 million RMB, with a balance of 128.67 million RMB, representing 6.42% of the audited net assets as of December 31, 2024 [12].