Kehua Bio-Engineering guarantees subsidiary's borrowing

Shanghai Kehua Bio-Engineering (SZSE:002022) announced it will provide a guarantee for its wholly-owned subsidiary, Kehua (Xi'an) Biological Engineering. The guarantee, totaling CNY 5 million, supports a loan agreement between Kehua (Xi'an) and the Bank of China's Xi'an Economic and Technological Development Zone branch. This guarantee is related to a working capital loan agreement numbered 2025年陕中银经普惠借字072号. As of the announcement date, the company's total approved guarantee limit is CNY 20 million, with CNY 5 million currently utilized, representing 0.12% of the company's latest audited net assets. Kehua Bio-Engineering stated that it has no guarantees for entities outside its consolidated financial statements and no overdue guarantees.