Publishing Media: provide a guarantee of 30 million yuan to its subsidiary, with a total guarantee amount of 365 million yuan.

date
12/01/2026
The publishing media announced that the company has signed an "Irrevocable Guarantee Agreement with Maximum Amount" with Shenyang Branch of China Merchants Bank, providing a guarantee of 30 million yuan for the bank credit business of its wholly-owned subsidiary Northern Book City, with a term of three years from the expiration date of the debt performance period. As of the date of the announcement, the company has guaranteed a balance of 55 million yuan for Northern Book City, and has not yet used a guarantee amount of 125 million yuan. The company and its controlling subsidiaries have a total external guarantee amount of 365 million yuan, accounting for 14% of the recently audited net assets. This guarantee has been approved by the shareholders' meeting for the year 2024.