Core Viewpoint - The company, Tianjin Tianbao Infrastructure Co., Ltd., is providing a guarantee for its wholly-owned subsidiary Tianjin Tianbao Shengyuan Real Estate Development Co., Ltd. to secure a loan of RMB 500 million from Huaxia Bank, which exceeds 50% of the company's latest audited net assets and involves a borrower with an asset-liability ratio over 70% [2][3][11]. Group 1: Guarantee Overview - The subsidiary Tianjin Tianbao Shengyuan is applying for a fixed asset loan of RMB 500 million with a three-year term, secured by unsold residential and commercial properties [3]. - The company is providing a joint liability guarantee for this loan, with the guarantee amount also set at RMB 500 million and a guarantee period of three years [3][7]. Group 2: Approval Process - The guarantee amount was approved during the company's board meeting on August 25, 2025, and the fourth extraordinary general meeting of shareholders on September 11, 2025, bringing the total guarantee amount for Tianbao Shengyuan to RMB 1 billion [4]. Group 3: Financial and Credit Status - Tianjin Tianbao Shengyuan has a good credit status and is not a subject of enforcement actions [6]. - The company holds 100% equity in Tianjin Tianbao Shengyuan, which has a registered capital of RMB 1.5 billion [5][8]. Group 4: Guarantee Agreement Details - The guarantee covers the principal, interest, overdue interest, penalties, and other related costs incurred by the bank to realize its claims [9]. - The guarantee period starts based on the maturity of the secured debt [10]. Group 5: Board Opinion - The board believes that this guarantee will help meet the subsidiary's operational funding needs and reduce financial costs, aligning with the company's overall interests [11]. Group 6: Cumulative Guarantee Amount - After this guarantee, the total external guarantee balance provided by the company and its subsidiaries will be RMB 416.77 million, which is 76.61% of the latest audited net assets [12].