According to the Shanghai Construction Engineering announcement, in July 2026, the company provided 9 subsidiaries with a total guarantee of 703 million yuan, of which 672 million yuan was guaranteed for 8 subsidiaries with a balance ratio of more than 70%, and 31 million yuan was guaranteed for 1 subsidiary with a balance ratio of less than 70%. As of July 31, the company's external guarantee balance was $56.359 billion, accounting for 112% of the most recent audited net assets. The total external guarantees of the company and its holding subsidiaries exceeded 100% of the most recent audited net assets. This month, they guaranteed 672 million yuan for subsidiaries with a balance ratio of over 70%, drawing investors' attention to risks.

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