000534SZSE
🚨 Material Event

Progress Announcement on Providing Guarantees for Subsidiaries by Wanze Co., Ltd.

Wedge Industrial Co., Ltd.··3 pages

✨ AI Summary

Wanze Co., Ltd. has provided a joint liability guarantee for its subsidiary, Shenzhen Xinwanze Pharmaceutical Co., Ltd., for a short-term loan of 10 million RMB from Bohai Bank. The total guarantee limit authorized by the company is 5.6 billion RMB, with Xinwanze's specific limit set at 300 million RMB. Following this guarantee, the company's total guarantee balance stands at 2.012178 billion RMB, representing 125.50% of the audited net assets for 2025.

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Full Translation

AI Translation· azure_openai

Wanze Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Overview of the Guarantee Situation

Wanze Co., Ltd. (hereinafter referred to as "the Company") has recently provided a joint liability guarantee for its subsidiary, Shenzhen Xinwanze Pharmaceutical Co., Ltd. (hereinafter referred to as "Xinwanze"), for a short-term working capital loan of 10 million RMB from Bohai Bank Co., Ltd. Shenzhen Branch (hereinafter referred to as "Bohai Bank"), with a term of 1 year.

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