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Yutong Bus details guarantee progress for February 2025

March 7, 2025 at 05:03 AM UTCBy FilingReader AI

Zhengzhou Yutong Bus (SSE: 600066) announced the progress of its guarantee activities within the scope of its annual plan, as required by the Shanghai Stock Exchange. In February 2025, the company provided new guarantees totaling RMB 21.798 million to subsidiaries, including Hong Kong Yutong International and YUTONG FRANCE S.A.S. Additionally, Yutong Bus provided RMB 4.99 million in guarantees related to mortgage loans for homebuyers and RMB 16.76898 million for sales-related businesses like auto financing. As of the announcement date, Yutong Bus reported no overdue guarantees. As of February 28, 2025, the total guarantee balance for subsidiaries accounted for 9.83% of net assets, and guarantees for sales-related businesses accounted for 47.33% of net assets.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600066Shanghai Stock Exchange
Automotive

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