Core Viewpoint - The company has approved a comprehensive credit guarantee of up to 1.2 billion yuan for its wholly-owned subsidiary, Hai Xiang Import and Export, during board and shareholder meetings scheduled for April 28 and May 19, 2025 [1] Group 1 - On October 22, the company signed a maximum guarantee contract with Industrial Bank's Jiaxing Haining Branch, providing a guarantee of up to 50 million yuan for Hai Xiang Import and Export [1] - Following this guarantee, the total guarantee balance for Hai Xiang Import and Export reached 355 million yuan, leaving an available guarantee limit of 845 million yuan [1] - Hai Xiang Import and Export has a debt-to-asset ratio of 84.42%, and the cumulative external guarantee amount accounts for 25.05% of the most recent audited net assets, with no overdue guarantees reported [1]
海象新材:为子公司提供5000万元最高额保证担保