Overview - Shaanxi Jinye Science and Education Group Co., Ltd. approved a comprehensive credit limit of up to RMB 4 billion or equivalent foreign currency for the year 2025 during its board meeting and annual shareholders' meeting [2] - The company will provide guarantees for its subsidiaries, including joint liability guarantees, mortgages, and pledges [2] Financing Activities - Xi'an Mingde Polytechnic, a wholly-owned subsidiary, engaged in accounts receivable factoring with Ping An Dianchuang International Leasing Co., Ltd., financing RMB 100.5 million with a three-year term, backed by an irrevocable joint liability guarantee from the company [4][7] - Shaanxi Jinye Printing Co., Ltd. applied for a comprehensive credit limit of RMB 20 million from CITIC Bank Xi'an Branch, with a one-year term, also guaranteed by the company [8] - Additionally, Shaanxi Jinye Printing applied for a loan of RMB 10 million from Ping An Bank Xi'an Branch, with a one-year term, secured by a joint liability guarantee from the company [8] Financial Status of Subsidiaries - As of December 31, 2024, Xi'an Mingde Polytechnic had total assets of RMB 2.607 billion, total liabilities of RMB 2.017 billion, and net assets of RMB 589.9 million [6] - As of June 30, 2025, the same institution reported total assets of RMB 2.681 billion, total liabilities of RMB 2.058 billion, and net assets of RMB 622.3 million [6] - Shaanxi Jinye Printing reported total assets of RMB 571.9 million and net assets of RMB 237.1 million as of December 31, 2024 [8] Guarantee and Liability - The actual guarantee balance of the company and its subsidiaries was RMB 1.921 billion, accounting for 106.29% of the latest audited net assets [9] - The cumulative guarantee balance over the past 12 months was RMB 1.480 billion, representing 81.90% of the latest audited net assets [9] - There are no overdue guarantees or guarantees involved in litigation as of the announcement date [9]