Aohong Electronics: Providing a joint and several guarantee of 120 million yuan for its subsidiary.

date
22/07/2026
Australian Electronics announced that on July 22, 2026, the company signed an "Irrevocable Guarantee Agreement" with China Merchants Bank, providing a joint and several guarantee for not more than 120 million yuan for the credit business between its wholly-owned subsidiary Haihong Electronics and the bank, with a credit period from July 16, 2026 to July 15, 2028. As of the disclosure date of the announcement, the company and its subsidiaries have external guarantee balances and totals of 271 million yuan and 540 million yuan respectively, accounting for 14.95% and 29.74% of the latest audited net assets, with no overdue guarantees.