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February 11 midday announcement overview: Rida Futures provides guarantee for a 50 million yuan credit line for its wholly-owned subsidiary
Rida Futures Announcement: Its wholly-owned subsidiary, Rida Real Estate, provides a joint liability guarantee to Minsheng Bank Xiamen Branch for a credit line of 50 million yuan granted to Rida New Control. Rida New Control has a registered capital of 750 million yuan, total assets of 1.851 billion yuan at the end of 2024, total liabilities of 896 million yuan, and net assets of 955 million yuan; its operating income for 2024 is 815 million yuan, with a net profit of 136 million yuan. The total guarantee amount is 1.176 billion yuan, with an actual guarantee balance of 406 million yuan, accounting for 14.05% of the company’s net assets.