Leo Group backs subsidiaries with new guarantees up to RMB 8.523 bn

Leo Group, whose board approved guarantees up to RMB 8.523 billion for its subsidiaries, has disclosed three recent guarantee agreements. The company signed a Maximum Guarantee Contract with Agricultural Bank of China, Wenling Branch, guaranteeing up to RMB 270 million for Leo Juhe Advertising Co., Ltd. from September 15, 2025, to September 14, 2027.

Additionally, Leo Group entered into a Maximum Guarantee Contract with Industrial Bank Co., Ltd., Xiangtan Branch, providing a guarantee of up to RMB 60 million for Hunan Pump Industry Co., Ltd. for debts incurred between September 19, 2025, and August 13, 2026. A separate guarantee agreement was also signed with Beijing Kuaishou Advertising Co., Ltd., covering up to RMB 20 million for Shanghai Jusheng Wanhe Advertising Co., Ltd.'s obligations under their 2025 partnership agreement.

As of the announcement date, Leo Group's total actual guarantees for its wholly-owned and controlled subsidiaries amount to RMB 2,909.6962 million, representing 22.58% of its latest audited net assets from the 2024 consolidated financial statements.