Kunshan Huguang Auto Harness Co., Ltd.SSE: 605333

(605333)"Kunshan Huguang Auto Harness Co., Ltd."Announcement on Progress in Providing Guarantee for Wholly-owned Subsidiary

· Issued by Kunshan Huguang Auto Harness Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 605333 · · 4 pages · Chinese

Summary by 6ix AI

Kunshan Huguang Auto Harness Co., Ltd. has announced progress regarding guarantees provided for its wholly-owned subsidiary, Huguang (Hong Kong) International Co., Ltd. The company will provide a guarantee amounting to a significant sum to support the subsidiary's operations and has completed the necessary approval procedures. The board believes this guarantee aligns with the company's overall interests and does not harm shareholder value. As of the announcement date, the total amount of guarantees provided by the company to its subsidiaries is substantial, with no overdue guarantees reported.

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

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