远东股份:为全资子公司远东电缆有限公司提供48000.00万元担保
Core Viewpoint - Far East Holdings announced that it has provided guarantees totaling 480 million yuan for its wholly-owned subsidiary, Far East Cable Co., Ltd, through two banks, which is considered a normal commercial guarantee and is expected to be within the company's projected guarantee limits for 2025 [1] Group 1 - The total guarantee amount provided by the company is 480 million yuan, with 400 million yuan from Industrial Bank Co., Ltd. and 80 million yuan from Huaxia Bank Co., Ltd. [1] - The guarantees are structured as joint liability guarantees with a term of three years [1] - The company assesses the risk as controllable and does not expect any adverse impact on its production and operations [1]