002762SZSE
🚨 Material Event

Announcement on Overdue Debt of Guarantee Target Guangdong Hanfei

*ST Jinbi Co., Ltd.··3 pages

✨ AI Summary

Guangdong Hanfei, a company for which Jinfa Labbie provides guarantees, has defaulted on a loan of RMB 25 million from Industrial Bank. Jinfa Labbie is obligated to repay the principal and interest within 15 days. The company has implemented counter-guarantee measures to mitigate risks, expecting no substantial impact on its financial status.

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Full Translation

AI Translation· gemini_document

Securities Code: 002762

Securities Abbreviation: Jinfa Labbie

Announcement No.: 2026-038

Jinfa Labbie Baby Products Co., Ltd.

Announcement on Overdue Debt of Guarantee Target Guangdong Hanfei

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false representations, misleading statements, or material omissions.

Special Note:

  1. Jinfa Labbie Baby Products Co., Ltd. (hereinafter referred to as the "Company" or "Guarantor") and Industrial Bank (hereinafter referred to as the "Creditor") signed a "Master Guarantee Contract" on August 4, 2025. The contract stipulates that the Company, as the guarantor, voluntarily provides guarantees for debts incurred by Guangdong Hanfei Plastic Surgery Hospital Co., Ltd. (hereinafter referred to as "Guangdong Hanfei" or "Debtor") with the Creditor within a certain period. The maximum principal amount of the guarantee under this contract is RMB 25 million, and the Company is jointly and severally liable for the outstanding balance of this debt (including principal, interest, late fees, compound interest, liquidated damages, compensation for losses, and creditor's rights realization expenses). The guarantee period is valid from August 5, 2025, to August 4, 2026.

  2. According to the "Loan Contract" signed between Guangdong Hanfei and Industrial Bank, the first loan from Guangdong Hanfei to Industrial Bank (principal amount RMB 7.95 million) was due on August 4, 2026. As of the date of this announcement, Guangdong Hanfei has not yet repaid the principal and part of the interest for this loan. On August 7, 2026, the Company received a "Notice of Performance of Guarantee Obligation" from Industrial Bank, informing that Industrial Bank has notified the Debtor that all loans under its "Loan Contract" (principal amount RMB 25 million) are due in advance, and demanding immediate repayment of the principal, interest, late fees, and compound interest. As a joint and several guarantor, the Company is required to repay RMB 25 million in principal, plus interest, late fees, and compound interest (calculated up to the actual repayment date, subject to the bank's calculation) to Industrial Bank in a lump sum within 15 days from the date of receiving the notice. In accordance with the "Master Guarantee Contract," the Company, as a joint and several guarantor, shall bear joint and several liability for repayment if the Debtor fails to fulfill the aforementioned debts.

  3. The Company has urged Guangdong Hanfei to actively negotiate repayment with the bank and is raising funds through various channels to cope with the situation.

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