Asia Cuanon Technology (Shanghai) Co LtdSSE: 603378

(603378)"Asia Cuanon Technology (Shanghai) Co., Ltd."Announcement on Providing Guarantee for Controlled Subsidiary

· Issued by Asia Cuanon Technology (Shanghai) Co Ltd via Shanghai Stock Exchange

Filed with SSE · Stock code 603378 · · 4 pages · Chinese

Summary by 6ix AI

Asia Cuanon Technology (Shanghai) Co Ltd has announced its provision of a guarantee for its controlled subsidiary, Asia Cuanon Technology (Chuzhou) Co Ltd, to support a loan agreement with a bank. The guarantee amount is specified, and the company outlines the necessity and rationale behind this decision, emphasizing that the risks are manageable and will not harm shareholder interests. The filing also details the cumulative guarantee situation, including overdue guarantees and the total amount of guarantees provided by the company and its subsidiaries.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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