300870SZSE

Announcement on the Progress of External Guarantees

✨ AI Summary

Shenzhen Oulu Electronics Co., Ltd. has approved a total guarantee limit of up to 1 billion RMB for its subsidiaries in 2025. A guarantee contract with Industrial Bank Co., Ltd. has been signed, with a maximum principal amount of 30 million RMB. After this guarantee, the total guarantee balance for the subsidiary Hangzhou Yundian is 262 million RMB, with an available guarantee limit of 138 million RMB.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Overview of Guarantee Situation

Shenzhen Oulu Electronics Co., Ltd. (hereinafter referred to as "the Company" or "Oulu") held its second meeting of the third board of directors on April 18, 2025, and the annual shareholders' meeting on May 13, 2025, where it approved the proposal regarding the estimated guarantee limit for its subsidiaries. The total guarantee amount for 2025 is not to exceed 1 billion RMB (including equivalent foreign currency), with an estimated guarantee limit of no more than 400 million RMB for its controlling subsidiary Hangzhou Yundian Technology Energy Co., Ltd. (hereinafter referred to as "Hangzhou Yundian"), valid until November 16, 2026. For specific details, please refer to the relevant announcement published on the Giant Tide Information Network (http://www.cninfo.com.cn).

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.