Chenguang New Materials: Progress Announcement on the 50 Million Guarantee for Anhui Chenguang

Zhitong
2025.09.08 08:26

Jiangxi Chenguang New Materials released a progress announcement on the expected guarantee limit for 2025. In 2025, the company signed a contract with the Tongling branch of Bank of China to provide a guarantee for Anhui Chenguang's 50 million debt, with the guarantee period ending on September 7, 2026. Anhui Chenguang is its wholly-owned subsidiary, with total assets of 835.3438 million yuan and liabilities of 679.9617 million yuan as of June 30. As of the announcement date, the company and its subsidiaries have external guarantees of 1.34763 billion yuan, accounting for 61.14% of the most recent audited net assets, with no overdue guarantees

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