Lingyi Zhizao: Providing joint liability guarantee for a loan of 20 million yuan for its subsidiary.

date
19/11/2025
Lingyi Zhizao announced that in 2025, the company plans to provide guarantees for financing for the company and its subsidiaries up to a total of 35 billion yuan. Recently, the company signed a "Guarantee Contract" with the Guilin Branch of Bank of China, providing joint liability guarantee for the main debt of 20 million yuan for its wholly-owned subsidiary Guilin Lingyi, with a guarantee period of three years from the date of completion of the main debt repayment period. As of the disclosure date of the announcement, the actual guarantee balance of the company is 12.921 billion yuan, accounting for 65.23% of the audited net assets attributable to the parent company at the end of 2024, with no overdue external guarantees or other situations.