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Shenda Shares ((600626): Joint And Several Liability Guarantee Of US $50 Million For Auira, A Holding Subsidiary
Shenda (600626. SH) announced that on February 23, 2021, the company signed a loan guarantee contract with Bank of Shanghai Co., Ltd., providing joint and several liability guarantee for the US $50 million loan to be borrowed from Bank of Shanghai by auria solutions Ltd., the company's holding subsidiary. As of the date of this announcement, the company actually guaranteed auira company with a total guarantee balance of about US $365 million.
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