Tielu Group: Provide a joint and several guarantee of 30 million yuan for a wholly-owned subsidiary.
Tielu shares announced that on February 10, the company and China Merchants Bank signed a new guarantee agreement to provide a joint guarantee of up to 30 million yuan for the credit agreement signed between its wholly-owned subsidiary, Fujian Guolian Automobile Parts Co., Ltd., and the bank, with no counter-guarantee. This guarantee is within the expected amount and does not require separate approval. As of the date of the announcement, the company's total external guarantee amount is 423 million yuan, accounting for 25.12% of the latest audited net assets, with no overdue guarantees. Guolian Auto Parts had a revenue of 207 million yuan and a net profit of 602,400 yuan from January to September 2025.
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