Jiayou International Logistics Co., Ltd.SSE: 603871

Announcement on Providing Guarantees for Controlled Subsidiary

· Issued by Jiayou International Logistics Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · · 4 pages · Chinese

Summary by 6ix AI

Jiayou International Logistics Co., Ltd. has announced the provision of guarantees for its controlled subsidiary, BULK HAULAGE LOGISTICS (PROPRIETARY) LIMITED, to support its operational funding needs. The company will issue a payment guarantee through a bank for the subsidiary's obligations under a fuel purchase contract. The board of directors has approved this guarantee, deeming it necessary and reasonable for the subsidiary's business operations. As of the announcement date, the total external guarantees provided by the company amount to a specific percentage of its audited net assets, 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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