On November 21, 2024, Fosun Pharma announced that it will provide multiple guarantees to its holding subsidiaries, totaling approximately RMB 30,633.92 million. The guarantees involved subsidiaries such as Kunshan Jianjia, Fuzhou Jianjia, Fosun Yalifeng, and Fosun Health. Kunshan Jianjia will receive guarantees of no more than RMB 11 million, Fuzhou Jianjia's guarantee amount is RMB 37.82 million, and the guarantee amounts for Fosun Yalifeng and Fosun Health are approximately RMB 552.36 million and RMB 2,131.09 million respectively. The company emphasized that as of the announcement date, the Group had no overdue guarantee matters. The main purpose of these guarantees is to support the financing and performance needs of the subsidiaries. Kunshan Jianjia has signed a financing contract with Bank of Communications, Fuzhou Jianjia has engaged in...Show More

On November 21, 2024, Fosun Pharma announced that it will provide multiple guarantees to its holding subsidiaries, totaling approximately RMB 30,633.92 million. The guarantees involved subsidiaries such as Kunshan Jianjia, Fuzhou Jianjia, Fosun Yalifeng, and Fosun Health. Kunshan Jianjia will receive guarantees of no more than RMB 11 million, Fuzhou Jianjia's guarantee amount is RMB 37.82 million, and the guarantee amounts for Fosun Yalifeng and Fosun Health are approximately RMB 552.36 million and RMB 2,131.09 million respectively. The company emphasized that as of the announcement date, the Group had no overdue guarantee matters. The main purpose of these guarantees is to support the financing and performance needs of the subsidiaries. Kunshan Jianjia has signed a financing contract with Bank of Communications, Fuzhou Jianjia has engaged in financing lease business with Haitong Hengxin. Fosun Yalifeng and Fosun Health have obtained guarantee support under the shared credit limit from Societe Generale. The company stated that all guarantees were within the approved limit of the 2023 shareholders' meeting and the risks are relatively controllable. The Fosun Pharma Board of Directors believes that these guarantees are based on the group's operational needs, and the guaranteed parties are limited to holding subsidiaries, thus the risks are controllable. The company reminds investors to pay attention to related risks, especially as Fuzhou Jianjia's asset-liability ratio has exceeded 70%. As of November 21, 2024, the amount of external guarantees granted by the Group accounted for 67.05% of the net assets at the end of 2023.