Hainan Ruizhe: provide counter-guarantee for 5 million RMB loan for subsidiary.

date
22/07/2026
Hainan Ruize announced that on July 21, 2026, its subsidiary Ruize Renewable Resources signed a 5 million yuan, 24-month "Working Capital Loan Contract" with the Sanya Branch of the Bank of China, jointly guaranteed by the financing guarantee company and Chairman Zhang Haokang. The company provided collateral for the loan, including land and properties located in Danzhou City, Hainan Province. The company, along with certain subsidiaries and shareholders, provided joint liability guarantees as additional security. This guarantee is within the approved limit of the 2025 annual shareholders' meeting and does not require further approval. As of the announcement date, the company and its controlling subsidiaries have external guarantee balances of 1.199 billion yuan, accounting for 224.36% of the net assets recently audited.