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According to the Haitong Development announcement, the company and its wholly-owned subsidiary signed an operating leasing business agreement and related guarantee agreement with the wholly-owned subsidiary of BOC Financial Leasing. The company provides joint liability guarantees of no more than US$275.94 million for its wholly-owned subsidiaries Da Yinchuan Shipping and Greater Kunming Shipping Co., Ltd.; provided a total joint liability guarantee of no more than US$81 million for Taizhou Port Shipping Co., Ltd., which was provided with counterguarantees by its chairman Qi Wenchuan and director and general manager Zhang Tao. As of October 30, 2026, the company and its holding subsidiaries had an external guarantee balance of 6.608 billion yuan, accounting for 146.16% of the latest audited net assets, with no overdue external guarantees.
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According to the Haitong Development announcement, the company and its wholly-owned subsidiary signed an operating leasing business agreement and related guarantee agreement with the wholly-owned subsidiary of BOC Financial Leasing. The company provides joint liability guarantees of no more than US$275.94 million for its wholly-owned subsidiaries Da Yinchuan Shipping and Greater Kunming Shipping Co., Ltd.; provided a total joint liability guarantee of no more than US$81 million for Taizhou Port Shipping Co., Ltd., which was provided with counterguarantees by its chairman Qi Wenchuan and director and general manager Zhang Tao. As of October 30, 2026, the company and its holding subsidiaries had an external guarantee balance of 6.608 billion yuan, accounting for 146.16% of the latest audited net assets, with no overdue external guarantees.
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