-+ 0.00%
-+ 0.00%
-+ 0.00%
Warner Pharmaceuticals announced that the company signed a “Maximum Guarantee Contract” with the Bank of China's Hunan Xiangjiang New Branch to provide a joint liability guarantee with a maximum principal balance of 700 million yuan for the loan from the wholly-owned Sun Company Zhigen Pharmaceutical to the bank. There is no reverse guarantee. The guarantee period is 1 year from the date the debt performance period expires. This guarantee is within the amount approved by the board of directors, and no separate approval is required. As of the disclosure date of the announcement, the total external guarantees of the company and its holding subsidiaries were 700 million yuan, accounting for 34.27% of the audited net assets at the end of 2025, with no overdue guarantees.
Share
Listen to the news
Warner Pharmaceuticals announced that the company signed a “Maximum Guarantee Contract” with the Bank of China's Hunan Xiangjiang New Branch to provide a joint liability guarantee with a maximum principal balance of 700 million yuan for the loan from the wholly-owned Sun Company Zhigen Pharmaceutical to the bank. There is no reverse guarantee. The guarantee period is 1 year from the date the debt performance period expires. This guarantee is within the amount approved by the board of directors, and no separate approval is required. As of the disclosure date of the announcement, the total external guarantees of the company and its holding subsidiaries were 700 million yuan, accounting for 34.27% of the audited net assets at the end of 2025, with no overdue guarantees.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending