Hua Ding Group: Providing 77.01 million RMB in financing guarantee for its subsidiary.
Huading Corporation announced that, in order to meet the operational development needs of its wholly-owned subsidiary Zhejiang Yate New Materials Co., Ltd., the company has signed a "Maximum Amount Guarantee Contract" with the China Bank in Yiwu Branch on the bank credit matters, providing a maximum amount guarantee of 77.01 million yuan through joint liability guarantee, with a guarantee period from May 25, 2026 to May 25, 2028. This guarantee is within the annual guarantee authorization limit and does not require separate approval. As of the disclosure date of the announcement, the company's actual guarantee balance for its controlling subsidiary is 257.50 million yuan, accounting for 6.38% of the audited net assets for 2025, with no overdue guarantee situations.
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