Yunyi Electric: The total amount approved by the company for guarantees provided by subsidiaries to banks for credit applications is RMB 550 million.

NightAirdropper · 2026-03-29T01:34:41+00:00

Yunyi Electric announced that its subsidiary applied for bank credit guarantees totaling 550 million yuan, accounting for 16.04% of the company's net assets. At the same time, the US-Iran war led Shandong refineries to incur a loss of 153 yuan per ton in processing, and oil price fluctuations affected profits.

NightAirdropper

2026-03-29 01:34:41

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Everyday AI News, Yunyi Electric (SZ 300304, closing price: 12.87 yuan) announced on the evening of March 26 that the total amount of credit application approval for its subsidiary’s guarantee to the bank is 550 million yuan, accounting for 16.04% of the company’s latest audited net assets.

Everyday Headlines (nbdtoutiao) - The US-Iran War is “devouring” the profits of Shandong’s independent refineries, with a loss of 153 yuan for processing one ton! Previously, there was a saving of $20 per barrel, but now oil prices over $100 have wiped out the discounts overnight.

(Reporter Zeng Jianhui)

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