Yongmao Tai: providing a guarantee of 200 million yuan for its subsidiary, with a total accumulated guarantee amount exceeding 1.1 billion yuan.
Yongmaotai announced that the company has signed a "Maximum Amount Guarantee Contract" with the Bank of China, providing joint liability guarantee for its wholly-owned subsidiary Ningbo Yongmaotai New Material Technology Co., Ltd. to apply for a credit line of 200 million yuan. The guarantee period is three years from the date of debt performance, with no counter-guarantee. As of November 18, 2025, the actual guarantee balance of the company is 0 yuan, and the available guarantee amount is 400 million yuan. As of that date, the total guarantee balance of the company and its subsidiaries is 1.18 billion yuan, accounting for 53.22% of the audited net assets at the end of 2024, with no overdue payments.
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