FilingReader Intelligence

Qianli Technology subsidiary provides 32m yuan guarantee

August 16, 2025 at 05:15 AM UTCBy FilingReader AI

Lifan International, a wholly-owned subsidiary of Chongqing Qianli Technology, will provide a maximum guarantee of 32m yuan for Chongqing Ruilan Automotive Manufacturing's credit line with Shanghai Pudong Development Bank.

The one-year guarantee involves pledging foreign currency time deposits. Total external guarantees for the company and subsidiaries now amount to 402m yuan.

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

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Automotive

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