(603633)"SHANGHAI LAIMU ELECTRONICS CO., LTD."Announcement on Providing Guarantee for Wholly-owned Subsidiary
Filed with SSE · Stock code 603633 · · 4 pages · Chinese
Summary by 6ix AI
Shanghai Laimu Electronics Co., Ltd. announced that it will provide a guarantee for its wholly-owned subsidiary, Laimu Electronics (Jiangsu) Co., Ltd., in relation to a financing lease agreement. The guarantee amount is significant and exceeds the company's recent audited net assets. The board of directors has approved this decision, citing the subsidiary's good credit status and the necessity for operational funding. The company has no overdue guarantees and has outlined its total guarantee obligations in the announcement.
Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries
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