Sailun Tires: provided guarantees to its subsidiaries of over 1.1 billion RMB, with a total guarantee of 18.653 billion RMB.

date
05/12/2025
Sailun Tires announced that on December 5, 2025, the company provided joint guarantee guarantees of 779 million yuan and 350 million yuan to its wholly-owned subsidiaries Sailun Indonesia and CARTTIRE respectively, totaling 779 million yuan and 1.083 billion yuan. As of the disclosure date of the announcement, the actual guarantee amount incurred by the company and its controlling subsidiaries was 18.653 billion yuan, accounting for 95.61% of the most recent audited net assets; the actual guarantee amount incurred by the wholly-owned subsidiaries was 12.844 billion yuan, accounting for 65.84%. This guarantee was within the scope of previous deliberations, does not need to go through procedures again, and there have been no overdue guarantees. No guarantees were made for the actual controllers and their related parties.