[Yonggu-KY] Announcement of additional guarantee by subsidiary

Key facts

  • [Yonggu-KY] Announcement of additional guarantee by subsidiary
  • Yonggu-KY announced that its subsidiary, Chongqing Yonggu New Building Materials, has provided an additional guarantee of 46.33 million (in thousands) for its 100%-owned subsidiary, Chongqing Lari Yonggu Concrete, to support its bank loan application.
  • Source: PR Times
  • Date: May 26, 2026

Direct answer

Yonggu-KY announced that its subsidiary, Chongqing Yonggu New Building Materials, has provided an additional guarantee of 46.33 million (in thousands) for its 100%-owned subsidiary, Chongqing Lari Yonggu Concrete, to support its bank loan application.

Citation
[Yonggu-KY] Announcement of additional guarantee by subsidiary (May 26, 2026), PR Times
Source
PR Times
Date
May 26, 2026
Yonggu-KY announced that its subsidiary, Chongqing Yonggu New Building Materials, has provided an additional guarantee of 46.33 million (in thousands) for its 100%-owned subsidiary, Chongqing Lari Yonggu Concrete, to support its bank loan application.
financeNQ 43/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 26, 2026 at 09:00
  • 🔍 Collected: May 27, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 19:15 (107h 15m after Collected)
1. Date of occurrence: 115/05/26. 2. Guaranteed party: (1) Chongqing Lari Yonggu Concrete Co., Ltd. (2) Relationship: 100% owned subsidiary of Chongqing Yonggu New Building Materials Co., Ltd. (3) Guarantee limit: 7,768,781 (in thousands). (4) Original balance: 362,115 (in thousands). (5) Additional amount: 46,330 (in thousands). (6) Total balance: 408,445 (in thousands). (7) Actual amount used: 362,115 (in thousands). (8) Reason: Subsidiary's loan application. 3. Collateral: None. 4. Financials: Capital 196,842 (in thousands), Accumulated loss -17,640 (in thousands). 5. Release conditions: When the subsidiary releases the loan limit with the bank. 6. Total limit: 51,859,259 (in thousands). 7. Current balance: 811,053 (in thousands). 8. Ratio to net worth: 42.46%. 9. Total ratio: 103.33%. 10. Other: Calculated based on RMB exchange rate 4.633 and USD 31.44.

FAQ

What is the purpose of the guarantee provided by Yonggu-KY?

To assist the subsidiary in applying for bank loan limits.

What are the key facts in this article?

Yonggu-KY announced that its subsidiary, Chongqing Yonggu New Building Materials, has provided an additional guarantee of 46.33 million (in thousands) for its 100%-owned subsidiary, Chongqing Lari Yonggu Concrete, to support its bank loan application.

What is the direct answer?

Yonggu-KY announced that its subsidiary, Chongqing Yonggu New Building Materials, has provided an additional guarantee of 46.33 million (in thousands) for its 100%-owned subsidiary, Chongqing Lari Yonggu Concrete, to support its bank loan application.

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