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Jiangsu Sunshine (600220): Wholly Owned Subsidiary Provides Guarantee For Controlling Shareholders
Jiangsu Sunshine (600220) announced on the evening of July 11 that the wholly-owned subsidiary company provides guarantee for the controlling shareholder:
● name of the guarantor: Jiangsu Sunshine Group Co., Ltd. (the controlling shareholder of the company, hereinafter referred to as "Sunshine Group").
● amount of guarantee and balance of guarantee actually provided for it: the amount of guarantee this time is RMB 300 million. As of the date of this announcement, the balance of guarantee actually provided by the company and its subsidiaries for sunshine group is RMB 500 million.
The guarantee Sunshine Group provides counter guarantee.
● the cumulative number of overdue guarantees of the company: none.
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