Qiaoyin Corporation: Intend to provide joint guarantee for a loan of 335 million yuan for a subsidiary company.

date
27/01/2026
Qiaoyin Stock Co., Ltd. announced that the 8th meeting of the 4th Board of Directors of the company passed a resolution, agreeing that the holding subsidiary Qiaoheng Environmental Protection apply for a syndicated project loan of no more than 335 million yuan from Industrial and Commercial Bank of China. The company provides joint and several liability guarantees for financing, and pledges 85% of the equity of Qiaoheng Environmental Protection it holds. The company's controlling shareholder and actual controller, Liu Shaoyun and Han Dan, also provide joint and several liability guarantees free of charge. This resolution still needs shareholder approval. As of the disclosure date of the announcement, the total outstanding external guarantees of the company and its holding subsidiaries amount to 1.975 billion yuan, accounting for 81.09% of the audited net assets for the year 2024, with no overdue guarantee situations.