Lihe Science and Innovation: A wholly-owned subsidiary plans to provide a 20 million yuan credit guarantee for its holding subsidiary.
Lihe Technology Innovation announced that its wholly-owned subsidiary, Lihe Technology Innovation Group's controlling subsidiary, Shuyun Technology, had applied for a credit line of 20 million yuan in 2024, with the loan due on December 19, 2025. Shuyun Technology has not yet repaid the loan. Shuyun Technology now plans to continue applying for a credit line of 20 million yuan from related party Gaoxin Investment for a term of 12 months, with a financing cost of 5.96% which will be subsidized to 2.98%. Gaoxin Investment will provide guarantees, Lihe Technology Innovation Group and others will provide maximum amount guarantees, and Shuyun Technology will pledge a patent as collateral. As of the announcement date, the company and its controlling subsidiaries had external guarantee balances totaling 83,533 million yuan, accounting for 9.98% of the net assets audited in the most recent period.
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