Guanghui Energy updates on November 2025 guarantee progress
Guanghui Energy Company Limited announced its guarantee progress for November 2025, revealing an increase in guarantee amounts by 683.25 million yuan and a reduction by 921.65 million yuan (including exchange rate fluctuations). As of November 30, 2025, the total outstanding guarantee balance stood at 12.91 billion yuan (unaudited), falling within the 20 billion yuan annual estimated total.
The company provides guarantees for six subsidiaries and associated companies, including those with asset-liability ratios exceeding 70%, for which anti-guarantees are in place. The guarantees are part of the 2025 annual guarantee forecast, which was approved by the board and shareholders to ensure the stable operation of the company and its subsidiaries.
Guanghui Energy emphasizes that its guaranteed entities maintain stable operations and good credit standing, mitigating guarantee risks and preventing adverse effects on the company's normal operations. The total outstanding guarantee balance represents 47.81% of the company's net assets attributable to owners of the parent company as of the latest audited period (2024), with no overdue guarantees reported.
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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