新疆天业股份有限公司关于为子公司银行借款及参股公司提供担保的进展公告

Group 1 - The company provides a guarantee for its wholly-owned subsidiary Tianchen Chemical Co., Ltd. to secure a loan of 440 million yuan for a high-salinity wastewater resource utilization project, with a loan term of 20 years and a grace period of two years [2][3] - The company has already completed the withdrawal procedures for 24,588.25 million yuan of the loan, with additional withdrawals of 129.40 million yuan recently completed [2][4] - The total amount of guarantees provided by the company for the two companies is 986.90 million yuan [4] Group 2 - The company also provides a guarantee for its associate company China Chemical Donghua Tianye New Materials Co., Ltd., which has applied for a loan of 17.5 million yuan from its controlling shareholder, Donghua Engineering Technology Co., Ltd. [3][4] - The company holds a 49% stake in the associate company and has provided a guarantee of 857.50 million yuan without any counter-guarantee [3][4] Group 3 - The company has approved a total guarantee limit of 270,060 million yuan for its subsidiaries, with specific allocations for subsidiaries with different debt ratios [6][8] - The company has also approved a guarantee plan for its associate company, allowing for a maximum of 5,880 million yuan in guarantees [7][8] Group 4 - The company has no overdue guarantees or guarantees involved in litigation, ensuring a stable financial position [15]

XINJIANG TIANYE-新疆天业股份有限公司关于为子公司银行借款及参股公司提供担保的进展公告 - Reportify