002344SZSE

Haining Picheng Announces Guarantee for Subsidiary Kangfu Hospital

✨ AI Summary

Haining Picheng will provide a guarantee for its subsidiary, Kangfu Hospital, for a credit line of up to RMB 10 million. This is to support Kangfu Hospital's business development and fundraising needs. The guarantee will be provided by the parent company's wholly-owned subsidiary, Health Industry Company, which holds a 63.95% stake in Kangfu Hospital. The board has approved this measure, which requires shareholder approval.

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Securities Code: 002344 Bond Code: 524046. SZ Securities Abbreviation: Haining Picheng Bond Abbreviation: 24 Picheng 01 Announcement Number: 2026-013

Haining Picheng Co., Ltd. Announcement on Guarantee for Subsidiary Kangfu Hospital

The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the contents of this announcement, and shall bear joint liability for any false records, misleading statements, or material omissions therein.

Special Reminder: According to the latest financial statements of Haining Picheng Kangfu Hospital Co., Ltd., the asset-liability ratio is 185.09%. Investors are kindly requested to pay attention to the guarantee risk.

I. Overview of Guarantee Situation

Haining Picheng Co., Ltd. (hereinafter referred to as "the Company" or "this Company") and its wholly-owned subsidiary Haining Picheng Health Industry Investment Co., Ltd. (hereinafter referred to as "Health Industry Company") jointly invested in Haining Picheng Kangfu Medical Investment Management Co., Ltd. (hereinafter referred to as "Kangfu Medical"). Among them, Health Industry Company holds a 63.95% stake, and Kangning Company holds a 36.05% stake. On August 26, 2024, the Company convened the sixth meeting of the sixth Board of Directors, which deliberated and approved the "Proposal on Providing Guarantee for Subsidiary Kangfu Hospital." It was agreed that Health Industry Company would provide a guarantee for Kangfu Medical's wholly-owned subsidiary, Haining Picheng Kangfu Hospital Co., Ltd. (hereinafter referred to as "Kangfu Hospital"), for its application for a comprehensive credit line from banks. The total amount of the comprehensive credit line applied for by Kangfu Hospital shall not exceed RMB 1,000,000,000. Among this, Health Industry Company will provide a corresponding guarantee amount according to its actual shareholding ratio of 63.95%, with a term of two years. As this guarantee period is about to expire, and considering the subsequent business development needs of Kangfu Hospital, Health Industry Company plans to continue to provide a guarantee for its application for a comprehensive credit line from banks and other financial institutions. The total guarantee amount shall not exceed RMB 1,000,000,000, of which Health Industry Company will provide a corresponding guarantee amount according to its actual shareholding ratio of 63.95%, with a term of two years. The guarantee liability shall be subject to the guarantee period stipulated in the specific guarantee contract signed.

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