1. Event Date: 115/08/05

2. Details of the Guaranteed Party: (1) Company Name: Airmate Electric (Jiujiang) Co., Ltd. (2) Relationship with Guarantee Provider: Fully indirectly owned (100%) by the same parent company. (3) Guarantee Limit (in thousands): 9,690,710 (4) Previous Guarantee Balance (in thousands): 3,269,531 (5) Amount of New Guarantee Added This Time (in thousands): 35,699 (6) Guarantee Balance as of Event Date (in thousands): 3,305,230 (7) Actual Amount Drawn by the Guaranteed Company (in thousands): 1,989,928 (8) Reason for Additional Guarantee This Time: Renewal of bank guarantee facility

3. Collateral Provided by the Guaranteed Company: (1) Description: None (2) Value (in thousands): 0

4. Latest Financial Statements of the Guaranteed Company: (1) Capital (in thousands): 2,329,236 (2) Accumulated Profit/Loss (in thousands): 119,256

5. Conditions for Release of Guarantee Liability: (1) Condition: Expiration of credit agreement (2) Date: Expiration of credit agreement

6. Total Guarantee Limit (in thousands): 52,054,375

7. Total Guarantee Balance as of Event Date (in thousands): 8,633,242

8. Ratio of Guarantee Balance Provided by Party A to the Net Equity in the Latest Financial Statements of the Publicly Issued Company as of Event Date: 317.34%

9. Combined Ratio of Guarantee Balance, Long-Term Investments, and Fund Lending to the Net Equity in the Latest Financial Statements of the Publicly Issued Company as of Event Date: 216.05%

10. Other Matters to be Disclosed: None

FACT BOX

  • Source: PR Times
  • Category: News
  • Dates in source: 115/08/05