Luoyang New Strong Bearing Co., Ltd. announces the termination of guarantees for its subsidiaries, Xin Sheng New Energy, Feng Zhao New Energy, and Xin Qi New Energy, related to their sale-and-leaseback financing. The termination is due to the early settlement of the financing agreements. This decision will not materially impact the company's financial performance or shareholder interests.
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Luoyang New Strong Bearing Co., Ltd. Announcement on Termination of Guarantees for Subsidiaries
The company and all members of its board of directors guarantee that the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Overview of Guarantee Situation
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