Zhuhai Zhongfu: Wholly-owned subsidiary applies for a loan of 14.82 million yuan, with the company providing guarantee.
Zhuhai Zhongfu announced that, for production and operational needs, its wholly-owned subsidiary Xinjiang Fuyue plans to apply for a loan of 14.82 million yuan. Among this, they will apply for a fixed asset loan of 10 million yuan from Tianshan Rural Commercial Bank, with Xinjiang Fuyue using the purchased industrial plant as collateral and the company providing full joint liability guarantee. They will also apply for a factory mortgage loan of 4.82 million yuan from Xinjiang Oasis Rural Bank, with the company undertaking unlimited joint liability guarantee. Xinjiang Fuyue was established on July 14, 2025, with the company holding 100% of the shares. After this guarantee, the actual guarantee balance of the company and its holding subsidiaries is 268 million yuan, accounting for 120.07% of the audited net assets of 2024. Currently, there are no overdue guarantees or other situations.
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