Zhejiang Juhua provides 65.6bn yuan guarantees for subsidiaries

Zhejiang Juhua Co has provided guarantees totaling 65.6 billion yuan for its controlling subsidiaries, representing 3.42% of the company's net assets as of end-2024.

The guarantees for subsidiary Zhejiang Jinju Chemical include multiple facilities through Industrial and Commercial Bank of China and Bank of China, all with six-month terms. No overdue guarantees were reported.