Truchum provides guarantees for subsidiary bank credit facilities
Anhui Truchum Advanced Materials & Technology has announced progress in providing guarantees for its subsidiaries' bank credit facilities, totaling RMB 25,100,000. These guarantees are part of a larger approved credit facility of RMB 1,080,000,000 and align with resolutions passed at recent company meetings.
Key guarantees include RMB 5,000,000 for Anhui Truchum High-Precision Copper Strip with China Everbright Bank, RMB 10,000,000 for Anhui Truchum Advanced Electrical Materials with China Minsheng Bank and Bank of China, RMB 7,100,000 for Wuhu Truchum Alloy Copper Materials with Huaxia Bank and Yangzi Rural Commercial Bank, and RMB 3,000,000 for Wuhu Tianniao High-Tech with Bank of China and Huaxia Bank.
As of the announcement date, the company's total outstanding guarantees for its subsidiaries amounted to RMB 938,858,000, representing 108.24% of its net assets as of September 30, 2025. All guarantees are for consolidated subsidiaries, with no overdue guarantees or litigation-related liabilities.
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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