Love Baby Room: Provide joint liability guarantee for 130 million yuan loan for subsidiary company.
The Love Baby Room announcement stated that, in order to meet the needs of its subsidiary companies' production, operation, and business development, the company provided joint liability guarantees totaling 130 million yuan to Shanghai Liyong, Zhejiang Love Baby Room, Shanghai Kanglong, and Jiangsu Beibei Xiong from the Shanghai Branch of China CITIC Bank. As of the announcement date, the total amount of guarantees provided by the company to its subsidiaries accumulated to 919 million yuan, accounting for 77.87% of the company's most recently audited net assets, with no overdue guarantee situations.
Latest

