Shunbo Alloy: Providing joint responsibility guarantee for the 2 billion credit limit of its wholly-owned subsidiary.
Shunbo Alloy announced that the company had previously approved a guarantee plan for its wholly-owned and controlling subsidiaries with a maximum financing amount of 6.308 billion yuan by 2026. Recently, its wholly-owned subsidiary, Anhui Shunbo, applied to the Ma'anshan branch of China Citic Bank for a credit line of up to 200 million yuan, and the company agreed to provide joint liability guarantees. As of the date of the announcement, the company had a guarantee balance of 989.09 million yuan for Anhui Shunbo, a total external guarantee balance of 3.4061438 billion yuan, accounting for 107.02% of the net assets audited in the most recent period. Anhui Shunbo had a revenue of 3.3152286 billion yuan and a net profit of 76.529 million yuan from January to September of 2025.
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