LGWH(SH:601599) Shang Hai Zheng Quan Bao·2026-01-28 18:03Overview - The company has approved a guarantee for its wholly-owned subsidiaries and subsidiaries' financing activities, with a total guarantee limit of up to 1.4 billion RMB [1] Guarantee Details - The company signed a maximum guarantee contract with Industrial and Commercial Bank of China for its subsidiaries, providing guarantees of up to 60 million RMB, 20 million RMB, and 10 million RMB respectively [2] - The company also signed an irrevocable guarantee with China Merchants Bank for its subsidiary, providing a guarantee of up to 50 million RMB [2] - Additionally, a guarantee was signed with Industrial Bank for the same subsidiaries, with guarantees of up to 100 million RMB, 40 million RMB, and 10 million RMB respectively [2] Guarantee Scope and Duration - The guarantee covers principal debts, interest, penalties, and various fees related to the financing activities [2] - The guarantee period is generally three years from the maturity of the financing obligations [2] Cumulative Guarantee Status - As of the announcement date, the total actual guarantee balance for subsidiaries is 431.0888 million RMB, accounting for 28.46% of the company's audited net assets for 2024, with no overdue guarantees reported [4]