Qinglong Pipe Industry: Providing a guarantee of 60 million yuan to its holding subsidiary.
Qinglong Pipe Industry announced that the company has signed a maximum guarantee contract with its holding subsidiary, New Pipe Material, and the Yinchuan Phoenix North Street branch of Huaxia Bank for a loan. The added guarantee amount is 60 million yuan, accounting for 2.43% of the company's most recent net assets. The asset-liability ratio of the guarantor in the most recent period is 24.88%. The guarantee period for this deal is from March 3, 2026, to March 3, 2029. After this guarantee, the total amount of external guarantee contracts for the company and its holding subsidiaries is 561.74 million yuan, accounting for 22.76% of the audited net assets attributable to the parent company in 2024; the actual guarantee balance is 225.5983 million yuan, accounting for 9.14%.
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