Core Viewpoint - The announcement details the progress of guarantees provided by Guizhou Chitianhua Co., Ltd. for its wholly-owned subsidiaries, Guizhou Daqin Tumor Hospital Co., Ltd. and Guizhou Chitianhua Tongzi Chemical Co., Ltd., including specific amounts and terms of the guarantees [1][2][3]. Summary by Sections Guarantee Overview - The company has approved a total guarantee limit of up to 1.8 billion RMB for its subsidiaries in 2025, which includes the renewal of existing guarantees [2][3]. - The company has provided a guarantee of 24.46 million RMB to Daqin Hospital and 70 million RMB to Tongzi Chemical as of July 31, 2025 [1][2]. Details of the Guaranteed Entities - Guizhou Daqin Tumor Hospital has total assets of 1.16 billion RMB and liabilities of 807.86 million RMB as of March 31, 2025, with a net loss of 2.98 million RMB in Q1 2025 [5]. - Guizhou Chitianhua Tongzi Chemical has total assets of 272.82 million RMB and liabilities of 117.26 million RMB as of March 31, 2025, with a net profit of 1.38 million RMB in Q1 2025 [7]. Guarantee Agreements - The company has entered into a guarantee agreement with China Agricultural Development Bank for Daqin Hospital, covering a principal amount of 650 million RMB [9][10]. - A separate guarantee agreement with Guizhou Bank for Tongzi Chemical covers a principal amount of 840 million RMB [11][12]. Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary for supporting the subsidiaries' project construction and daily operations, with the company maintaining effective control over the subsidiaries' operational risks [14]. - The total external guarantees amount to 1.15 billion RMB, representing 45.34% of the company's latest audited net assets [15].

Summary of Key Points Core Viewpoint The company has approved guarantees for its wholly-owned subsidiaries, Guizhou Daqin Tumor Hospital Co., Ltd. and Guizhou Chitianhua Tongzi Chemical Co., Ltd., to support their financing needs, with a total guarantee limit set for the year 2025. Group 1: Guarantee Overview - The company has approved a total guarantee amount of up to 1.8 billion yuan for its subsidiaries in 2025, including a maximum of 600 million yuan for third-party guarantees [1][2] - As of June 30, 2025, the total external guarantees provided by the company and its subsidiaries amount to 1.1702844 billion yuan, which is 45.99% of the company's latest audited net assets [1][15] - There are no overdue guarantees as of the announcement date [1][15] Group 2: Details of the Guaranteed Subsidiaries - Guizhou Daqin Tumor Hospital Co., Ltd. has total assets of 1.16916789 billion yuan and liabilities of 807.8614 million yuan as of March 31, 2025, with a net loss of 29.8208 million yuan in Q1 2025 [4][3] - Guizhou Chitianhua Tongzi Chemical Co., Ltd. has total assets of 2.7281658 billion yuan and liabilities of 1.1726276 billion yuan as of March 31, 2025, with a net profit of 1.37773 million yuan in Q1 2025 [6][5] Group 3: Guarantee Agreements - The company has entered into a guarantee agreement with Guizhou Bank for a loan of 30 million yuan to Guizhou Daqin Tumor Hospital, with a guarantee period of three years from the loan's maturity [7][6] - For Guizhou Chitianhua Tongzi Chemical, the company has provided guarantees for multiple loans, including a maximum of 145 million yuan for various financing needs, with similar guarantee terms [10][9] - The guarantees cover all principal, interest, penalties, and related costs incurred in the event of default [11][10]

Overview - The company announced a supplementary notice regarding the payment of guarantee fees to related parties and the associated transactions [1] Transaction Details - The board of directors approved a proposal for the company to pay guarantee fees to related parties, which will be submitted for review at the 2024 annual general meeting [1] - The company’s wholly-owned subsidiary, Guizhou Daqin Tumor Hospital Co., Ltd., will receive a fixed asset loan from the Agricultural Development Bank of China, with guarantees provided by Guizhou Chitianhua Group and Zunyi Tiantong Plastic Co., Ltd. [1] - The guarantee fee payment is based on the assessed value of the collateral provided for the loan [2] Asset Evaluation - The assessed value of the collateral, which includes 66 properties and commercial spaces, is determined to be 200.8363 million yuan, reflecting a decrease of 22.23% from the previous bank assessment [2] - The decline in assessed value is attributed to reduced usable life of the assets and a sluggish real estate market [2] Adjusted Guarantee Fee Structure - The pricing basis for the guarantee fee will be adjusted according to the new assessed value [3] - The maximum estimated total guarantee fee is now capped at 34.6443 million yuan, calculated based on the new assessed value over a maximum period of 11.5 years [5] Future Implications - The adjustment in the assessed value of the collateral will lead to a reduction in the guarantee fees payable by the company [5] - The company aims to negotiate with the Agricultural Development Bank to release the guarantees by 2028, contingent on the hospital's operational performance [5]