力王股份:拟为全资子公司提供5000万元授信担保
Core Viewpoint - The company announced a guarantee for a credit facility application by its wholly-owned subsidiary, Hong Kong Liwang, to Citic Bank Dongguan Branch, amounting to a maximum of RMB 50 million, which represents 11.16% of the company's latest audited net assets [1] Group 1 - The company plans to provide a cash collateral guarantee for its subsidiary [1] - The credit facility application is for an amount not exceeding RMB 50 million [1] - The guarantee period is set for a maximum of 24 months [1]