[Yonggu-KY] Announcement of Additional Endorsement/Guarantee Amount
Key facts
- [Yonggu-KY] Announcement of Additional Endorsement/Guarantee Amount
- Yonggu-KY announced an additional endorsement/guarantee of 23.15 million (in thousands) for its subsidiary, Chongqing Guohao Yonggu New Building Materials Co., Ltd. The total outstanding balance is 83.34 million (in thousands), related to the parent company's loan application.
- Source: PR Times
- Date: May 29, 2026
Direct answer
Yonggu-KY announced an additional endorsement/guarantee of 23.15 million (in thousands) for its subsidiary, Chongqing Guohao Yonggu New Building Materials Co., Ltd. The total outstanding balance is 83.34 million (in thousands), related to the parent company's loan application.
- Citation
- [Yonggu-KY] Announcement of Additional Endorsement/Guarantee Amount (May 29, 2026), PR Times
- Source
- PR Times
- Date
- May 29, 2026
Yonggu-KY announced an additional endorsement/guarantee of 23.15 million (in thousands) for its subsidiary, Chongqing Guohao Yonggu New Building Materials Co., Ltd. The total outstanding balance is 83.34 million (in thousands), related to the parent company's loan application.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:22 (34h 22m after Collected)
2. Guaranteed company: Chongqing Guohao Yonggu New Building Materials Co., Ltd. (100% subsidiary)
3. Additional endorsement amount: 23,150 (in thousands)
4. Outstanding balance: 83,340 (in thousands)
5. Reason: Board resolution regarding parent company's loan application.
6. Release condition: Upon release of loan facility with the bank.
7. Other: Calculated based on exchange rates of 4.63 (RMB) and 31.345 (USD) on May 29, 115.
FAQ
What is Ever-Glory (Yonggu-KY)?
A construction material manufacturer producing concrete products in China.
What are the key facts in this article?
Yonggu-KY announced an additional endorsement/guarantee of 23.15 million (in thousands) for its subsidiary, Chongqing Guohao Yonggu New Building Materials Co., Ltd. The total outstanding balance is 83.34 million (in thousands), related to the parent company's loan application.
What is the direct answer?
Yonggu-KY announced an additional endorsement/guarantee of 23.15 million (in thousands) for its subsidiary, Chongqing Guohao Yonggu New Building Materials Co., Ltd. The total outstanding balance is 83.34 million (in thousands), related to the parent company's loan application.