Lianhua Technology: Increased guarantee amount for subsidiary by 700 million RMB, with the latest guarantee of 60 million RMB.
Lianhua Technology announced that the company had previously approved an additional guarantee amount of 700 million yuan for its subsidiary, with a maximum of 500 million yuan for a holding subsidiary with an asset-liability ratio of less than 70% and a maximum of 200 million yuan for those with a ratio higher than 70%. The latest development is that the company has provided a maximum guarantee to Lianhua Technology New Materials Co., Ltd. to the China Bank Huangyan Branch, with the main debt occurring from November 14, 2025 to November 13, 2026, with a maximum debt amount including principal of 60 million yuan and related expenses, guaranteed by joint liability guarantee. As of the disclosure date of the announcement, the company's total guarantee amount is 5.843 billion yuan, accounting for 90.25% of the latest audited net assets, with a guarantee balance of 1.199 billion yuan, accounting for 18.51%, with no overdue or abnormal guarantee situations.
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