According to Milkway's announcement, the company signed separate guarantee contracts with the Shanghai Minhang branch of the Bank of Communications and the Shanghai Pilot Free Trade Zone branch of the Agricultural Bank to provide 11 million yuan of guarantees for each of the 7 subsidiaries including Container Service and Huidehong Trading, and 264 million yuan guarantee for chemical logistics. The total guarantee amount is 341 million yuan, all of which are joint and several liability guarantees, and they are all within the estimated guarantee amount in the early period. After this guarantee, the external guarantee balance of the company and its subsidiaries was 6.342 billion yuan, accounting for 132.98% of the latest audited net assets, with no overdue guarantees.

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