Lates News

On September 18, 2025, Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. announced to provide a guarantee for its wholly-owned subsidiary, Liaoning Asia-Pacific Light Material Technology Co., Ltd. The proposal on bank financing and related guarantees for the year 2025 has been approved by the board of directors and shareholders' meeting, and the amount of this guarantee is within the approved range. The company provided joint guarantee for Liaoning Asia-Pacific to apply for a fixed asset loan not exceeding 320 million yuan from the Agricultural Bank of China Shenyang Shenbei New District Branch and the Bank of Communication Liaoning Branch for investment in related projects, with the contract signed on September 16. As of June 30, 2025, the asset-liability ratio of Liaoning Asia-Pacific is 0.25%. Before the guarantee, the company had a guarantee balance of 250 million yuan, and after the addition of 320 million yuan in this guarantee, the remaining balance is 570 million yuan, accounting for 10.31% of the net assets as of June 30, 2025, with no overdue guarantee situations.