Summary by Moomoo AI
GANFENGLITHIUM and its subsidiary GANFENGLITHIUM Battery provide guarantees for their subsidiaries. GANFENGLITHIUM signed a contract with Ping An Bank to provide a guarantee of 355 million yuan for Huizhou GANFENGLITHIUM; GANFENGLITHIUM Battery signed a contract with China CITIC Bank Corporation to provide a guarantee of 150 million yuan for Guangdong Huichuang. These guarantees are all within the limit approved by the company's shareholders' meeting.As of the announcement date, the company's actual guarantee amount for Huizhou GANFENGLITHIUM is 1,500 million yuan, and GANFENGLITHIUM Battery's actual guarantee amount for Guangdong Huichuang is 300 million yuan. The company stated that this guarantee aims to support the business development of subsidiaries, and the risks are controllable. As of the announcement date, the total balance...Show More