Great Wall Electric: Company Has No Overdue Guarantees

NightAirdropper · 2026-03-20T12:12:05+00:00

Securities Daily News Report: On March 17, Great Wall Electric issued an announcement stating that as of the date of disclosure of this announcement, the company and its controlling subsidiaries have been approved for a total guaranteed amount of RMB 590 million for external guarantees, accounting for 49.92% of the company's latest audited net assets; the company and its controlling subsidiaries have an actual external guarantee balance of RMB 504 million, accounting for 42.68% of the company's latest audited net assets. The above external guarantees are all guarantees provided by the company to its controlling subsidiaries or by controlling subsidiaries to their subsidiaries. The company and its controlling subsidiaries have no overdue guarantee situations.(Editor: Yuan Guanlin)

NightAirdropper

2026-03-20 12:12:05

Securities Daily News reported that on March 17, Great Wall Electric announced that as of the disclosure date, the company and its controlled subsidiaries have approved external guarantees totaling RMB 590 million, accounting for 49.92% of the company’s latest audited net assets; the actual external guarantee balance is RMB 504 million, accounting for 42.68% of the latest audited net assets. All guarantees are either the company’s guarantees to its subsidiaries or subsidiaries’ guarantees to their own subsidiaries. The company and its controlled subsidiaries have no overdue guarantees.

(Editor: Yuan Guanlin)

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