SANHE provides over 100 million yuan in guarantees for subsidiary bank credit

Zhitong
2025.09.18 08:30

On September 18, 2025, Guangdong SANHE Piling Co., Ltd. announced the progress of providing guarantees for its subsidiaries. From 2024 to 2025, the company and its subsidiaries were approved for a comprehensive credit limit of no more than 7.518 billion yuan, and the company expects the total guarantee amount to be no more than 2.459 billion yuan. Recently, the company signed agreements with Industrial Bank and China Merchants Bank Zhongshan Branch for the credit business of its subsidiaries Zhongshan Zhongsheng Transportation and Zhongshan Guopeng Building Materials Trading, with the maximum guaranteed creditor amounts being 10 million yuan, 30 million yuan, and 60 million yuan, all of which are joint liability guarantees. As of the announcement date, the total external guarantee balance of the company and its holding subsidiaries is 553 million yuan, accounting for 20.06% of the most recent audited net assets, with no overdue or abnormal guarantee situations

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