5546 Yonggu-KY: Announcement of Additional Endorsement Guarantee for Subsidiary
Yonggu-KY announced on May 26, 115, that its subsidiary, Chongqing Dongzhao Changsheng New Building Materials, has provided an additional endorsement guarantee of 46.33 million to its 100% owned subsidiary, Chongqing Lari Yonggu Concrete, to support loan applications.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 06:31
- 🔍 Collected: May 27, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:32 (109h 1m after Collected)
1. Date of occurrence: 115/05/26. 2. Guaranteed company: Chongqing Lari Yonggu Concrete Co., Ltd. 3. Relationship: 100% owned subsidiary. 4. Guarantee limit: 2,017,087 thousand. 5. New guarantee amount: 46,330 thousand. 6. Current guarantee balance: 226,554 thousand. 7. Reason for addition: Subsidiary's loan facility application. 8. Release condition: When the subsidiary terminates the loan facility with the bank. 9. Ratio of guarantee balance to net worth: 40.03%. 10. Other: Calculated using RMB exchange rate 4.633 and USD 31.44.
FAQ
What is the purpose of Yonggu-KY's endorsement guarantee?
It is to support the subsidiary's application for bank loan facilities.