Dahua Tech provides 900m yuan in subsidiary guarantees
Zhejiang Dahua Technology signed guarantee contracts totaling 750 million yuan with China Construction Bank and SPD Bank to back its subsidiaries' financing needs.
The agreements include 500 million yuan for Zhejiang Dahua Technology Co., 50 million yuan for Zhejiang Dahua System Engineering Co., and 200 million yuan for additional financing through 2028.
Total outstanding guarantee balance reached 917.9 million yuan as of July 22, representing 25.48% of the company's net assets.
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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