Dongcheng Biochemicals guarantees subsidiary loan for 60m yuan

Yantai Dongcheng Biochemicals Group Co., Ltd. recently executed a guarantee agreement with Beijing Bank, Yantai Branch, to provide a joint and several liability guarantee for a 60 million yuan loan to its wholly-owned subsidiary, Yantai Dongcheng Dingnuo Biopharmaceutical Co., Ltd. This guarantee is part of the company's approved 2025 annual guarantee quota for subsidiaries and their subordinate companies, which totals up to 1 billion yuan.

Prior to this transaction, the company had outstanding guarantees for consolidated subsidiaries amounting to 526.12 million yuan. Following this new guarantee, the total outstanding guarantees increased to 586.12 million yuan, leaving an available guarantee quota of 413.88 million yuan. Yantai Dongcheng Dingnuo Biopharmaceutical Co., Ltd., established in 2021 with a registered capital of $65,000,000, reported total assets of 94.16 million yuan and net assets of 66.55 million yuan as of September 30, 2025.

The cumulative external guarantee amount for the company and its subsidiaries stands at 1.02 billion yuan, representing 22.83% of the company's 2024 audited net assets. The current guarantee balance is 413.88 million yuan, which is 9.24% of the company's 2024 audited net assets. The company has no overdue external guarantees, no guarantees involved in lawsuits, and no situations where it is liable for losses due to guarantee judgments.