Hengfeng Paper Industry: Plans to Provide Guarantees Not Exceeding RMB 312 Million for Wholly-Owned Subsidiary Sichuan Jinfeng Paper Co., Ltd.

NightAirdropper · 2026-03-25T19:34:47+00:00

**Daily Economic News AI Express**On March 24th, Hengfeng Paper announced that the company plans to provide irrevocable joint and several guarantee liability guarantees totaling not exceeding 312,000,000 yuan to its wholly-owned subsidiary Sichuan Jinfeng Paper Co., Ltd., which will be used to guarantee replacement and daily operating capital needs. This guarantee matter still requires submission to the company's shareholders' meeting for approval. The guarantee amount, term, and other details shall be based on the actually executed guarantee contract. As of the announcement date, the company and its controlling subsidiaries have provided external guarantees totaling 0 yuan.**Daily Economic News**

NightAirdropper

2026-03-25 19:34:47

Everyday AI Express, March 24 — Hengfeng Paper announced that the company plans to provide an irrevocable joint guarantee of up to 312 million yuan for its wholly owned subsidiary Sichuan Jinfeng Paper Co., Ltd., to secure replacement and daily operating funds; this guarantee is subject to approval by the company’s shareholders’ meeting, with the guarantee amount and term based on the actual signed guarantee contract; as of the announcement date, the total external guarantees for the company and its controlling subsidiaries amount to 0 yuan.

Daily Economic News

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