Hainan Huatie: In February, added external guarantees totaling 77.57 million yuan.
Hainan China Railway announced that in February, the company provided guarantees for Zhejiang Great Hornet and China Railway Great Hornet in the amounts of 36.5887 million yuan and 40.9881 million yuan respectively, both of which are joint and several guarantees. This guarantee is within the approved limit by the 2025 second extraordinary shareholders' meeting and does not require further approval. The company also adjusted the guarantee amount by transferring 40.9881 million yuan from Zhejiang Harui China Railway Digital Technology Co., Ltd. to China Railway Great Hornet. As of the disclosure date of the announcement, the company and its controlling subsidiaries have no overdue external guarantees, with a total guarantee balance for the controlling subsidiaries of 14.906 billion yuan, accounting for 242.61% of the latest audited net assets.
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