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China Baoan subsidiaries guarantee Green Metals' 10 million yuan loan

December 23, 2025 at 11:19 AM UTCBy FilingReader AI

China Baoan Group Co., Ltd. announced that its subsidiaries, China Baoan Group Holdings Co., Ltd. (CBA Holdings) and Chengdu Green Metals High-Tech Co., Ltd. (Green High-Tech), will provide a joint and several liability guarantee for Chengdu Green Metals Biotechnology Co., Ltd. (Green Metals). Green Metals is seeking a loan of 10,000,000 yuan from Chengdu Rural Commercial Bank, Jinquan Branch, with a one-year term, for working capital and procurement.

Green Metals, established on March 24, 2000, is 99.5011% owned by Green High-Tech. Its financial performance as of September 30, 2025, shows total assets of 5,440.18 yuan, total liabilities of 2,658.78 yuan, and net assets of 2,781.41 yuan. For the first nine months of 2025, Green Metals reported operating revenue of 996.37 yuan and a net profit of 138.82 yuan.

The guarantee structure includes a counter-guarantee where Green High-Tech will indemnify CBA Holdings for 100% of all principal, interest, penalties, and related expenses incurred. Following this transaction, the total outstanding guarantees provided by CBA Holdings and Green High-Tech to consolidated subsidiaries will be 19,500,000 yuan and 24,500,000 yuan, respectively. The listed company, China Baoan Group, has no external or overdue guarantees.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000009Shenzhen Stock Exchange

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