Honghehz Technology: Announcement Regarding the Estimated Guarantee Amount to Be Provided to Subsidiaries

NightAirdropper · 2026-03-20T09:24:49+00:00

Honghe Technology held a board meeting on March 17, approving a guarantee limit not exceeding 1,700 million yuan for its subsidiaries, covering multiple forms of guarantees, with an authorization period until before the 2026 shareholders' meeting. This matter requires submission to the 2025 shareholders' meeting for approval.

NightAirdropper

2026-03-20 09:24:49

Abstract generation in progress

Securities Daily Online News: On March 17, Honghe Technology announced that the company’s 19th meeting of the third board of directors was held on March 17, 2026. With the approval of more than two-thirds of the attending directors, the proposal for providing guarantee limits to subsidiaries was approved. According to the company’s and subsidiaries’ business development needs, the company’s board of directors agreed to provide guarantees totaling no more than RMB 1.7 billion, with the authorization period starting from the date the 2025 annual shareholders’ meeting is approved until the date of the 2026 annual shareholders’ meeting. Types of guarantees include general guarantees, joint liability guarantees, mortgages, pledges, liens, deposits, etc. The scope of guarantees includes but is not limited to loans, letters of guarantee, factoring, opening letters of credit, bank acceptance bills, bill financing, trust financing, debt transfer financing, leasing, trade supply chain business, and more. This matter is subject to approval by the company’s 2025 annual shareholders’ meeting.

(Edited by Ren Shibi)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.