China Sea Defense: Provide 30 million yuan in guarantee for its subsidiary, with a total guarantee of 244 million yuan.

date
18/11/2025
The Chinese maritime defense announcement stated that the company recently signed "guarantee contracts" with the Beijing branch of a financial company and a financial company, providing guarantees for the financing of its wholly-owned subsidiaries Liaohai Equipment and Liaohai Oil Transportation, in the amounts of 25 million yuan and 5 million yuan respectively. As of the disclosure date of the announcement, the company has provided guarantees totaling 155 million yuan for Liaohai Equipment and 29.5 million yuan for Liaohai Oil Transportation. The company's external guarantees are all for its subsidiary holding companies, totaling 244 million yuan, accounting for 2.99% of the audited net assets of the parent company at the end of 2024, with no overdue guarantee situations.