Samsung Medical guarantees subsidiary loans, exceeding 80% of net assets

Ningbo Sanxing Medical Electric Co., Ltd. announced a new guarantee for its wholly-owned subsidiary, Ningbo Aux Intelligent Technology Co., Ltd., totaling ¥350,000,000. This increases the total outstanding guarantee balance for Aux Intelligent Technology to ¥3,998,316,200. The guarantee is effective from August 26, 2025, to April 16, 2026. This transaction was approved by the board of directors on April 24, 2025, and the annual general meeting on May 16, 2024.

As of the announcement date, the total outstanding guarantees for the company and its controlled subsidiaries amount to ¥9,748,500,000, representing 80.69% of the company's net assets as of the end of 2024. The actual outstanding guarantee balance for controlled subsidiaries is ¥5,969,131,700, which accounts for 49.41% of the company's net assets as of the end of 2024. Ningbo Sanxing Medical Electric emphasized that this guarantee aligns with the overall approved annual guarantee limit. Aux Intelligent Technology’s asset-liability ratio was 68.93% at the end of 2024. The company stated that the overall risk is controllable given its full control over the subsidiary’s major decisions and daily operations. There are no overdue guarantees.