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Hailide announced that the company had previously agreed to guarantee loans within the credit line granted to its subsidiaries and great-grandson companies. On July 3 and 22, 2026, the company signed contracts with Bank of China Haining Branch and Industrial Bank Jiaxing Haining Branch respectively to provide joint liability guarantees of not more than 50 million yuan and 90 million yuan for fiber companies and composite companies. As of the disclosure date of the announcement, the actual guarantee balance was 784 million yuan, accounting for 19.55% of the company's most recent audited net assets. There were no bad guarantees such as overdue guarantees.
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Hailide announced that the company had previously agreed to guarantee loans within the credit line granted to its subsidiaries and great-grandson companies. On July 3 and 22, 2026, the company signed contracts with Bank of China Haining Branch and Industrial Bank Jiaxing Haining Branch respectively to provide joint liability guarantees of not more than 50 million yuan and 90 million yuan for fiber companies and composite companies. As of the disclosure date of the announcement, the actual guarantee balance was 784 million yuan, accounting for 19.55% of the company's most recent audited net assets. There were no bad guarantees such as overdue guarantees.
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