Nabai River: Providing a joint liability guarantee of 40 million yuan for its subsidiary.

date
20/01/2026
Nabachuan announced that it recently signed a "Maximum Amount Guarantee Contract" with the Chuzhou Branch of Bank of China, providing a joint and several guarantee of 40 million RMB for the credit granted to its wholly-owned subsidiary Chuzhou Company by the branch, with a guarantee period of three years. The guarantee amount is within the approved limit of the 2024 shareholders' meeting and does not require further approval. Prior to this guarantee, the guarantee balance of Chuzhou Company was 259.686 million RMB, and after the guarantee it was 299.686 million RMB. As of the disclosure date of the announcement, the company and its holding subsidiaries had external guarantee balances of 455.9215 million RMB, accounting for 72.59% of the audited net assets for 2024, with no overdue guarantee situations.