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Yinluohua: Providing guarantees for its wholly owned subsidiary Yinluohua Magnetic Industry
Jing Daily AI Express. In the evening of March 26, Inlohua (SZ 000795, closing price: 8.59 yuan) issued an announcement stating that on March 26, 2026, Inlohua Technology Co., Ltd. (hereinafter referred to as the “Company”) and Dongyang Sub-branch of Agricultural Bank of China Co., Ltd. (hereinafter referred to as “Agricultural Bank”) signed a “Maximum Amount Guarantee Contract,” providing joint and several liability guarantees for loans and commercial bill acceptance business handled for its wholly owned subsidiary Zhejiang Inlohua Magnetic Material Co., Ltd. (hereinafter referred to as “Inlohua Magnetic Material”). The maximum guaranteed principal amount is RMB 60 million. After this guarantee, the Company’s outstanding external guarantee balance is approximately RMB 809 million, all of which are guarantees provided for its subsidiaries within the scope of the consolidated financial statements, accounting for 30.54% of the Company’s audited net assets from the most recent period.
Jing Daily Headlines (nbdtoutiao) — The Iran-Iraq war, “devouring” the profits of Shandong independent refiners, processing one ton at a loss of 153 yuan! In the past, each barrel saved $20, but now with oil prices over 100, discounts disappeared overnight to zero
(Reporter Zeng Jianhui)
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Daily Economic News