Shanghai Construction Group: In July, provided guarantees of 703 million yuan for its subsidiaries, with a cumulative guarantee balance of 56.359 billion yuan.

Shanghai Construction Group announced that in July 2026, the company provided a total of 703 million yuan in guarantees for nine subsidiaries, including 672 million yuan for eight subsidiaries with a debt-to-asset ratio exceeding 70% and 31 million yuan for one subsidiary with a debt-to-asset ratio below 70%. As of July 31, the companys external guarantee balance stood at 56.359 billion yuan, accounting for 112% of the most recent audited net assets. The total external guarantees provided by the company and its holding subsidiaries exceed 100% of the most recent audited net assets. This month, guarantees of 672 million yuan were provided for subsidiaries with a debt-to-asset ratio exceeding 70%, reminding investors to pay attention to the risks.