MaxOne Semiconductor (Suzhou) Co., Ltd.SSE: 688809

(688809)"MAXONE SEMICONDUCTOR (SUZHOU) CO., LTD."Announcement on Progress in Providing Guarantee for Wholly-owned Subsidiary

· Issued by MaxOne Semiconductor (Suzhou) Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688809 · · 5 pages · Chinese

Summary by 6ix AI

MaxOne Semiconductor (Suzhou) Co., Ltd. has announced progress regarding a guarantee provided for its wholly-owned subsidiary, MaxOne Semiconductor (Hefei) Co., Ltd. The guarantee is intended to support the subsidiary's borrowing from a bank, with a specified maximum amount and terms outlined in the agreement. The board of directors has approved this guarantee, considering it necessary for the subsidiary's operational needs and financial stability. As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is reported, with no overdue guarantees.

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

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