Core Viewpoint - China Tianying announced a loan agreement with China Merchants Bank for 360 million RMB to refinance previous leasing debts, with the company providing an irrevocable guarantee for its subsidiary's obligations [1] Group 1: Loan Agreement - The loan amount provided by China Merchants Bank is 360 million RMB [1] - The purpose of the loan is to replace previous financing lease payments for the subsidiary Qidong Tianying [1] Group 2: Guarantees and Liabilities - The company issued an irrevocable guarantee for all debts incurred by Qidong Tianying under the main contract [1] - The total amount of guarantees provided by the company to its subsidiaries is 10.981 billion RMB, which represents 100.44% of the company's most recent audited net assets [1]
中国天楹:关于为子公司提供担保的公告