Lioyu Corporation: Provide 420 million yuan joint liability guarantee for its wholly-owned subsidiary.
Liu Holdings announced that the company recently signed a "maximum amount guarantee contract" with the Wenling branch of Agricultural Bank, providing joint liability guarantee for the debt of its wholly-owned subsidiary Zhejiang Pump Industry from November 1, 2025 to October 31, 2026, with a maximum balance of 420 million yuan. In 2024, Zhejiang Pump Industry had a revenue of 3.399 billion yuan, a net loss of 128 million yuan, total assets of 12.91 billion yuan, and net assets of 8.344 billion yuan as of the end of 2024. As of the disclosure date of the announcement, the company had actual guaranty balance of 3.026 billion yuan for its wholly-owned and controlling subsidiaries, accounting for 23.48% of the net assets in the 2024 consolidated financial statements, with no overdue guaranty situations, etc.
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