Muyuan Stock: Provide 400 million yuan in guarantee for three wholly-owned subsidiaries.

date
10/02/2026
MUSE announced that on February 9, the company signed a guarantee agreement with the Dongguan branch of China Merchants Bank, assuming joint and several repayment obligations for all debts of the credit financing quotas applied by its wholly-owned subsidiaries MUSE Sales, Dongguan AIMU, and MUSE E-commerce at the bank. The guarantee amounts are 200 million yuan, 150 million yuan, and 50 million yuan respectively. This guarantee does not need to go through internal decision-making procedures within the approved guarantee amount and period at the company's 2024 annual shareholders' meeting. After this guarantee, the company's total guarantee amount for its wholly-owned subsidiaries reaches 2.43 billion yuan, accounting for 53.79% of the audited net assets in 2024; the guarantee balance is 612 million yuan, accounting for 13.56%.