Zhejiang Zhenyuan: Provides a loan guarantee of 300 million yuan for its subsidiary Zhenyuan Pharmaceutical.
Zhejiang Zhenyuan announced that on August 3, 2026, the company signed a "Maximum Guarantee Contract" with China CITIC Bank, providing joint liability guarantees for its subsidiary, Zhenyuan Pharmaceutical, for a loan of 300 million yuan obtained from China CITIC Bank between August 3, 2026, and August 3, 2031. Zhenyuan Pharmaceutical is a wholly-owned subsidiary of the company and is not a dishonest party subject to enforcement. As of the announcement date, the company has approved a guarantee amount of 1.25 billion yuan, which accounts for 63.29% of the audited net assets for 2025, while the actual guarantee amount is 710 million yuan, representing 35.95%.
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