轻纺城:拟为参股公司提供440万元担保

Core Viewpoint - The company, Qingtang City, is actively integrating into the textile industry supply chain by establishing a new supply chain company focused on supply chain finance, aiming to expand revenue and optimize existing warehousing operations [1] Group 1: Company Announcement - Qingtang City announced the establishment of Shaoxing Jinke Qiao Supply Chain Co., Ltd. in collaboration with Zhongheng Textile (Zhejiang) Co., Ltd. and Shaoxing Qicott Commercial Management Partnership [1] - The new supply chain company plans to apply for a loan of 10 million yuan from financial institutions, requiring third-party guarantees [1] - Qingtang City will provide a guarantee of 4.4 million yuan for the loan, corresponding to its 44% stake in the supply chain company [1] Group 2: Financial Details - As of the announcement date, Qingtang City's total external guarantees amounted to approximately 1.295 billion yuan, representing 19.71% of the company's most recent audited net assets [1] - For the year 2024, Qingtang City's revenue composition is projected to be 89.47% from leasing and 10.53% from other businesses [1] Group 3: Market Capitalization - As of the report, Qingtang City's market capitalization is valued at 5.7 billion yuan [2]

L&T City-轻纺城:拟为参股公司提供440万元担保 - Reportify