Haixin (600851): Progress In Providing Guarantee For Subsidiaries
Haixin (600851) announced on the evening of March 15 that the company received the guarantee contract No. 030-1 signed with Beilin Branch of Bank of Xi'an Co., Ltd. The company provides guarantee for the holding subsidiary Xi'an Haixin Pharmaceutical Co., Ltd. (hereinafter referred to as "Xi'an Haixin") to apply for a working capital loan of RMB 25 million to Beilin sub branch of Bank of Xi'an, and the company provides joint liability guarantee for 55% (13.75 million yuan) of the loan amount according to the shareholding ratio, The other shareholder, Dongfang Shaanxi pharmaceutical Holding Group Co., Ltd., provides joint liability guarantee for 45% of the loan amount in the loan according to its shareholding ratio.
As of the disclosure date of this announcement, the total amount of guarantee provided by the company and its holding subsidiaries to subsidiaries is 13.75 million yuan (including the guarantee provided to Xi'an Haixin), accounting for 0.33% of the company's latest audited net assets of 4189.0713 million yuan.
As of the disclosure date of this announcement, the company and its holding subsidiaries have not provided any guarantee to the guarantee objects other than the subsidiaries, there is no external guarantee overdue or involved in litigation.
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