Guangyang Co., Ltd.: Subsidiaries provide up to 360 million yuan in guarantees for the company.
Guangyang Corporation announced that recently, its wholly-owned subsidiaries Tianhai Synchronization and Tianhong Mechanical have signed a "principal maximum amount guarantee contract" with the Huimin Branch of Changzhou Construction Bank, providing a maximum guarantee of 160 million yuan for the company's debts between March 12, 2026 and December 31, 2027. As of the disclosure date of the announcement, actual revolving capital loans amounted to 121 million yuan; Tianhai Synchronization also signed a "maximum amount guarantee contract" with the Changzhou Branch of Huaxia Bank, providing a maximum guarantee of 200 million yuan for the company's debts between January 9, 2026 and November 6, 2027. As of the disclosure date of the announcement, actual revolving capital loans amounted to 55 million yuan. As of the disclosure date of the announcement, the company's total accumulated guarantee balance is 1.379 billion yuan, accounting for 81.51% of the audited net assets of 2024.
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