Zhongjie Precision Engineering announced that in order to meet the subsidiary's capital requirements, the company recently signed separate guarantee contracts with Bank of Ningbo Wuxi Branch and China Merchants Bank Wuxi Branch to provide joint and several liability guarantees for Haoxin Auto and Yantai Tongji. The maximum principal amount of the secured claims is 30 million yuan and 23 million yuan, respectively. After providing the guarantee, the company's remaining usable guarantee amounts for Hao Xin Auto and Yantai Tongji were 10 million yuan and 13.8 million yuan respectively. As of the announcement disclosure date, the company plans to guarantee a total amount of 276 million yuan, accounting for 38.02% of net assets; the total guarantee balance is 208 million yuan, accounting for 28.66%.

Zhongjie Precision Engineering announced that in order to meet the subsidiary's capital requirements, the company recently signed separate guarantee contracts with Bank of Ningbo Wuxi Branch and China Merchants Bank Wuxi Branch to provide joint and several liability guarantees for Haoxin Auto and Yantai Tongji. The maximum principal amount of the secured claims is 30 million yuan and 23 million yuan, respectively. After providing the guarantee, the company's remaining usable guarantee amounts for Hao Xin Auto and Yantai Tongji were 10 million yuan and 13.8 million yuan respectively. As of the announcement disclosure date, the company plans to guarantee a total amount of 276 million yuan, accounting for 38.02% of net assets; the total guarantee balance is 208 million yuan, accounting for 28.66%.