Baotou Huazi Industry approves guarantees for subsidiaries' loans

Baotou Huazi Industry (SSE:600191) has announced the approval of guarantees for three of its wholly-owned subsidiaries: Baotou Huazi Trading Co., Ltd., Baotou Huazi Sugar Reserve Co., Ltd., and Inner Mongolia Ruquan Dairy Co., Ltd. The decision, made at the 15th meeting of the 9th Board of Directors, authorizes the company to provide joint liability guarantees totaling CNY 9 million to secure loans for these subsidiaries' production and operational activities. Specifically, each subsidiary aims to secure CNY 3 million in financing.