Industrial Bank Co., Ltd.: Planned to provide a guarantee of up to 300 million US dollars for the overseas debt issuance of its subsidiary.
Industrial Bank Xin said in a announcement that its subsidiary, Industrial Bank Gold, plans to issue a one-time or staggered issuance of overseas bonds totaling up to $300 million. The company intends to provide guarantees for this, with a guaranteed principal not exceeding $300 million, in the form of joint and several liability guarantee. This matter has been reviewed by the board of directors and still requires approval from the shareholders' meeting. Industrial Bank Gold is 100% owned by the company, with assets of 674 million yuan and liabilities of 19 million yuan as of September 30, 2025. The net profit from January to September 2025 was -11.8196 million yuan. After the guarantee is implemented, the guarantee balance of the company and its subsidiaries will be 4.31 billion yuan, accounting for 54.55% of the most recent net assets.
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