The announcement details the provision of guarantees by Qinglong Industrial Group Co., Ltd. for its subsidiary, Qinglong Technology Co., Ltd. The total guarantee amount is set at 100 million yuan. The company aims to support its subsidiary's operational and investment needs. The guarantee is part of the company's strategic financial management.
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Qinglong Industrial Group Co., Ltd. (hereinafter referred to as "the Company") will provide guarantees for Qinglong Technology Co., Ltd. (hereinafter referred to as "the Subsidiary") in collaboration with China Merchants Bank Co., Ltd. The specific details are as follows:
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