Leo Co., Ltd. announced that the company signed separate “maximum guarantee contracts” with the Xiangtan branch of China Construction Bank and the Wenling branch of the Industrial and Commercial Bank of China to provide guarantees for the wholly-owned subsidiaries Hunan Pump Industry and Zhejiang Pump Industry. The former has a maximum limit of 310 million yuan, and the latter has a maximum balance of 165 million yuan. The original guarantee contract has expired and been renewed. In 2024, the Hunan pump industry had revenue of 966 million yuan and net profit of 14 million yuan; Zhejiang pump industry had revenue of 3.399 billion yuan and net profit of 128 million yuan. As of the disclosure date of the announcement, the company's actual guarantee balance for wholly-owned and holding subsidiaries was 2,435 billion yuan, with no overdue guarantees, etc.

Leo Co., Ltd. announced that the company signed separate “maximum guarantee contracts” with the Xiangtan branch of China Construction Bank and the Wenling branch of the Industrial and Commercial Bank of China to provide guarantees for the wholly-owned subsidiaries Hunan Pump Industry and Zhejiang Pump Industry. The former has a maximum limit of 310 million yuan, and the latter has a maximum balance of 165 million yuan. The original guarantee contract has expired and been renewed. In 2024, the Hunan pump industry had revenue of 966 million yuan and net profit of 14 million yuan; Zhejiang pump industry had revenue of 3.399 billion yuan and net profit of 128 million yuan. As of the disclosure date of the announcement, the company's actual guarantee balance for wholly-owned and holding subsidiaries was 2,435 billion yuan, with no overdue guarantees, etc.