According to Teyi Pharmaceutical's announcement, the company recently signed a “maximum guarantee contract” with the Jiangmen branch of the Bank of Guangzhou to provide a joint liability guarantee for the credit business of its wholly-owned subsidiary Guangdong Teyi Haili Pharmaceutical Co., Ltd., with a guarantee amount of 100 million yuan. The guarantee is within the authorized guarantee amount reviewed and approved by the shareholders' meeting. Up to now, the balance of guarantees provided by the company to wholly-owned subsidiaries is 380 million yuan, accounting for 20.86% of the company's most recent audited net assets; the company and its holding subsidiaries have no guarantees other than consolidated statements, and there are no overdue guarantees, guarantees involved in lawsuits, or losses due to loss due to guarantee failure.

According to Teyi Pharmaceutical's announcement, the company recently signed a “maximum guarantee contract” with the Jiangmen branch of the Bank of Guangzhou to provide a joint liability guarantee for the credit business of its wholly-owned subsidiary Guangdong Teyi Haili Pharmaceutical Co., Ltd., with a guarantee amount of 100 million yuan. The guarantee is within the authorized guarantee amount reviewed and approved by the shareholders' meeting. Up to now, the balance of guarantees provided by the company to wholly-owned subsidiaries is 380 million yuan, accounting for 20.86% of the company's most recent audited net assets; the company and its holding subsidiaries have no guarantees other than consolidated statements, and there are no overdue guarantees, guarantees involved in lawsuits, or losses due to loss due to guarantee failure.