起帆电缆:关于为子公司提供担保的进展公告

Core Viewpoint - The company Qifan Cable has signed a guarantee contract with Shanghai Rural Commercial Bank's Qingpu branch to provide a guarantee for its subsidiary Qifan E-commerce's performance of a domestic letter of credit contract, with a guarantee amount of RMB 50 million and a term of three years [1] Group 1 - The guarantee is structured as a joint liability guarantee [1] - The debt balance secured by the guarantee is RMB 50 million [1] - The guarantee period lasts for three years from the maturity of the main contract's debt [1]