000681SZSE

Announcement on the Progress of Company Guarantees for Subsidiaries

Visual China Group Co., Ltd.··4 pages

✨ AI Summary

This announcement details the company's provision of guarantees for its subsidiaries, specifically regarding a guarantee amounting to RMB 10 million. The board approved the guarantee on April 23, 2025, with a commitment to ensure financial stability. The company aims to enhance its financial support for its subsidiaries while maintaining compliance with regulatory requirements.

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Full Translation

AI Translation· azure_openai

Recently, Vision (China) Cultural Development Co., Ltd. (hereinafter referred to as "the Company" or "Vision China") has signed a guarantee agreement with Shanghai Pudong Development Bank Co., Ltd. (hereinafter referred to as "Pudong Bank") to provide guarantees for its subsidiaries.

1. Overview of Guarantee Situation

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