Haowu Company: Signed termination agreement of the guarantee contract, terminating the 90 million yuan guarantee.

date
15/06/2026
Hao Corporation announced that its wholly-owned subsidiary, Neijiang Pengxiang Investment Co., Ltd., provided a joint and several guarantee of 90 million yuan to support its subsidiary, Tianjin Junhao Automobile Sales Service Co., Ltd., in applying for financing from Dongfeng Nissan Automobile Finance Co., Ltd. in December 2019. After friendly negotiations, Neijiang Pengxiang and Nissan Finance signed a Termination Agreement of Guarantee Contract on June 15, 2026, terminating the above-mentioned guarantee. Since Tianjin Junhao has already withdrawn from the network in 2025 and all related debts have been fulfilled, the signing of this agreement will not have any adverse effects on all parties involved.