Gpro Titanium forecasts $1.75bn in guarantees for subsidiaries

Gpro Titanium Industry (SZSE:000545) announced its estimated external guarantee amount for 2025, totaling no more than RMB 12.59 billion (approximately $1.75 billion USD). This figure exceeds 50% of the company's latest audited net assets. The guarantees primarily support financing and operational needs of its subsidiaries, including Nanjing Titanium Dioxide Chemical and Nanjing Titanium Dioxide International Trade. The term of the guarantees extends from shareholder approval until the next annual meeting addressing the same matter. As of now, the company has no guarantees for its controlling shareholder or third parties without equity ties, nor any overdue or litigious guarantees. The proposal is subject to shareholder approval.