Tianshui Zhongxing Bio-Technology details subsidiaries' loan guarantees

Tianshui Zhongxing Bio-Technology Co., Ltd. has updated its external guarantee progress for 2025, in line with resolutions from its December 2024 board and shareholder meetings. The company, through its subsidiary Jiangsu Zhongxing Bio-Technology Co., Ltd., secured a loan of 350 million yuan from Jiangsu Bank. This loan is backed by Tianshui Zhongxing's joint liability guarantee and Jiangsu Zhongxing's land use rights as collateral, and is for project construction within the approved 2025 annual guarantee quota.

Additionally, Tianshui Zhongxing provided a joint liability guarantee for its subsidiary Hubei Zhongxing Bio-Technology Co., Ltd., securing a loan of 10 million yuan from China Construction Bank's Yunmeng Branch. The maximum guarantee amount for this facility is 40 million yuan, also within the 2025 approved annual limit. These guarantees support the subsidiaries' operational needs and project financing.

As of the announcement date, Tianshui Zhongxing's total outstanding external guarantees for its consolidated subsidiaries amount to 1,152.1255 million yuan, representing 34.73% of its audited net assets for 2024. The company reported no overdue guarantees, litigation-related guarantees, or losses from adjudicated guarantee cases.