Leader Intellectual Manufacturing: Provide up to 600 million yuan in guarantee limit for subsidiaries.
According to a notice from Ling Yizhi Manufacturing, the company plans to provide guarantees of up to 35 billion yuan for financing or performance obligations for the company and its subsidiaries in the fiscal year 2025. Recently, the company signed a "Maximum Amount Guarantee Contract" with China CITIC Bank, providing joint guarantee responsibilities for debts up to 300 million yuan each under the main contract for its wholly-owned subsidiaries Dongguan Shengxiang and Lingtou CNC. In addition, Dongguan Shengxiang and Lingtou CNC separately signed "Maximum Amount Pledge Contracts for Asset Pool Business" with China CITIC Bank, providing guarantees of up to 300 million yuan each, with a guarantee period from December 3, 2025 to June 18, 2027. As of the date of the announcement, the actual guarantee balance of the company is 13.443 billion yuan, with no overdue external guarantees.
Latest

