Truchum guarantees total 835bn yuan for subsidiaries

Anhui Truchum Advanced Materials & Technology guaranteed additional credit facilities totaling 160 million yuan for two subsidiaries.

The company provided a 50 million yuan guarantee for Anhui Truchum Special Steel, raising its total guarantee to 145 million yuan. It also guaranteed 110 million yuan for Wuhu Truchum Copper Alloy Material, increasing that total to 609 million yuan.

Truchum's total outstanding external guarantees now amount to 835.259 billion yuan, representing 108.45% of the company's net assets.