Core Viewpoint - Far East Holdings announced that Zheshang Bank Wuxi Branch has provided credit services to Far East Cable Co., Ltd., including a guarantee of RMB 142.45 million [1] - Additionally, a guarantee of RMB 24 million has been provided for the subsidiary Anhui Cable Co., Ltd. by CITIC Bank Chuzhou Branch [1] Group 1 - The total guarantee amount provided by Zheshang Bank for Far East Cable is RMB 142.45 million, which is within the company's expected guarantee limit for 2025 [1] - The guarantee for Anhui Cable, a subsidiary in which the company holds a 72.70% stake, amounts to RMB 24 million and is also covered under the same contractual agreement [1] - Both guarantees have been formalized through the signing of the "Maximum Guarantee Contract" [1]
远东股份:为全资子公司远东电缆有限公司提供14245.00万元担保