Guangzhou Tianci High-tech Materials Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
002709SZSE
🚨 Material Event
Announcement on Providing Guarantees for Subsidiaries
✨ AI Summary
The announcement details Guangzhou Tianci High-tech Materials Co., Ltd.'s decision to provide guarantees for its subsidiaries, with a total guarantee amount not exceeding RMB 7.5 billion. This includes a maximum of RMB 5.5 billion for subsidiaries with a debt-to-asset ratio below 70% and RMB 2 billion for those above. The company has signed a guarantee contract with ICBC for RMB 50 million for its subsidiary, Jiujiang Tianci New Power Materials Technology Co., Ltd.
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