- Overview of the Guarantee Situation
Guangzhou Huali Technology Co., Ltd. (hereinafter referred to as "the Company") held the fifth meeting of the fourth board of directors on April 14, 2026, where it approved the proposal on the estimated external guarantee limit for 2026. The Company and its subsidiaries agreed to provide guarantees to its wholly-owned subsidiary up to CNY 300 million (including equivalent foreign currency), with estimated guarantees of CNY 120 million for subsidiaries with a debt-to-asset ratio above 70% and CNY 180 million for those below 70%. The guarantee methods include but are not limited to guarantees, mortgages, pledges, and liens. The validity period of the guarantee limit is from the date of approval by the board of directors until the next annual board meeting, and the limit can be reused within the authorized period. According to the Shenzhen Stock Exchange's GEM Listing Rules, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange, and the Articles of Association of Guangzhou Huali Technology Co., Ltd. (hereinafter referred to as "the Articles of Association"), the guarantee for the wholly-owned subsidiary does not require submission for shareholder meeting approval after being approved by the board of directors. For specific details, please refer to the announcement disclosed by the Company on April 15, 2026, on the Giant Tide Informati
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Progress Announcement on the Company's Guarantee for Its Wholly-Owned Subsidiary
✨ AI Summary
Guangzhou Huali Technology Co., Ltd. announced that it will provide a joint liability guarantee of HKD 50 million for its wholly-owned subsidiary, Bright Strategy Limited, to support its business operations. This guarantee falls within the previously approved limit of CNY 300 million for 2026. The guarantee is effective from June 1, 2026, to May 31, 2027.
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