Shunbo Alloy announced that the company reviewed and passed relevant bills on December 30, 2024 and April 23, 2025, respectively, and agreed that the company, its wholly-owned subsidiary and Sun Company would provide mutual guarantees. The total amount is not expected to exceed 5.55 billion yuan. Recently, the company provided joint liability guarantees for its wholly-owned subsidiaries Shunbo Sales, Hubei Shunbo, and Chongqing Aobo for credit lines of 300 million yuan, 200 million yuan, and 10 million yuan respectively applied for by banks. After this guarantee, the company's cumulative guarantee amounts for the three subsidiaries were 1,028 billion yuan, 700 million yuan, and 150 million yuan respectively. As of the disclosure date of the announcement, the amount of the company's external guarantee contract was 4.606 billion yuan, accounting for 144.71% of the latest audited net assets.

Shunbo Alloy announced that the company reviewed and passed relevant bills on December 30, 2024 and April 23, 2025, respectively, and agreed that the company, its wholly-owned subsidiary and Sun Company would provide mutual guarantees. The total amount is not expected to exceed 5.55 billion yuan. Recently, the company provided joint liability guarantees for its wholly-owned subsidiaries Shunbo Sales, Hubei Shunbo, and Chongqing Aobo for credit lines of 300 million yuan, 200 million yuan, and 10 million yuan respectively applied for by banks. After this guarantee, the company's cumulative guarantee amounts for the three subsidiaries were 1,028 billion yuan, 700 million yuan, and 150 million yuan respectively. As of the disclosure date of the announcement, the amount of the company's external guarantee contract was 4.606 billion yuan, accounting for 144.71% of the latest audited net assets.