Tianyu Biotech announced that the credit line originally applied for by Tiangian Foods, its first-level holding subsidiary, from the Zhijiang Agricultural Commercial Bank has expired and now plans to continue to apply for a credit line of 10 million yuan for a period of three years. The company provides it with a joint liability guarantee. Recently, the company and the Zhijiang Agricultural Commercial Bank renewed the “Maximum Guarantee Contract”. The guarantee period is three years from the day after the loan period under the autonomous contract expires. Tianyu Biotech holds 90% of Tianqian Foods. As of the announcement date, the actual cumulative external guarantee amount of the company and its holding subsidiaries was 1,077 billion yuan, accounting for 207.57% of the latest audited net assets, with no overdue guarantees.

Tianyu Biotech announced that the credit line originally applied for by Tiangian Foods, its first-level holding subsidiary, from the Zhijiang Agricultural Commercial Bank has expired and now plans to continue to apply for a credit line of 10 million yuan for a period of three years. The company provides it with a joint liability guarantee. Recently, the company and the Zhijiang Agricultural Commercial Bank renewed the “Maximum Guarantee Contract”. The guarantee period is three years from the day after the loan period under the autonomous contract expires. Tianyu Biotech holds 90% of Tianqian Foods. As of the announcement date, the actual cumulative external guarantee amount of the company and its holding subsidiaries was 1,077 billion yuan, accounting for 207.57% of the latest audited net assets, with no overdue guarantees.