林州重机子公司为1775万贷款提供担保,对外担保超净资产

Core Viewpoint - The company has signed a loan agreement of 17.75 million yuan with Zhongyuan Bank, with a one-year term, backed by its wholly-owned subsidiary Linzhou Heavy Machinery Casting and Forging Co., Ltd. [1] Group 1: Loan Agreement Details - The loan amount is 17.75 million yuan, with a one-year term [1] - The subsidiary provides joint liability guarantee for the loan [1] Group 2: Previous Financing and Guarantees - The company has previously approved a financing guarantee proposal through its subsidiary, with a limit not exceeding 1 billion yuan, valid for 12 months [1] - As of September 10, the total external guarantee balance of the company and its subsidiaries is 1,071.8184 million yuan, which is 168.18% of the latest audited net assets [1] Group 3: Financial Health and Risks - The company and its subsidiaries have no overdue or irregular guarantees [1] - Investors should be aware of the risks associated with the company's external guarantees exceeding its net assets [1]