江苏恒辉安防为全资孙公司1亿授信提供担保

Core Viewpoint - Jiangsu Henghui Security Group Co., Ltd. is seeking a credit line of up to 100 million yuan from CITIC Bank Shanghai Branch to meet the working capital needs of its wholly-owned subsidiary in Vietnam [1] Group 1: Company Actions - The board of directors approved a proposal to apply for a comprehensive credit line to support the subsidiary's operations in Vietnam [1] - The subsidiary, Henghui (Vietnam) Safety Protection Products Co., Ltd., was established in February 2024 and is not listed as a dishonest executor [1] Group 2: Financial Implications - The total amount of external guarantees currently executed by the company and its subsidiaries, excluding this new guarantee, is 460 million yuan, which accounts for 37.84% of the audited net assets as of the end of 2024 [1] - After the implementation of this guarantee, the cumulative approved external guarantee amount will rise to 560 million yuan, representing 46.07% of the net assets [1] - All guarantees are provided for wholly-owned subsidiaries and there are no overdue or non-compliance issues [1]