FilingReader Intelligence
GoerTek provides $7m guarantee for Hong Kong subsidiary
August 6, 2025 at 05:36 PM UTC•By FilingReader AI
GoerTek announced it provided a $7 million guarantee for its Hong Kong subsidiary's trade payables to facilitate procurement and financing. The subsidiary has a liabilities-to-asset ratio exceeding 70%, indicating higher risk.
The company's total outstanding guarantee balance for subsidiaries is RMB 78.84 billion, representing 0.95% of total assets and 2.38% of net assets as of December 31, 2024.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SZSE:002241•Shenzhen Stock Exchange
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