---
title: "RESUN: Provides guarantee for subsidiary's financing of 60 million, discloses guarantee progress"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252988593.md"
description: "RESUN provides a financing guarantee of 60 million yuan for its wholly-owned subsidiary RESUN Aowei and has disclosed the progress of the guarantee. The company has applied for a comprehensive credit limit of no more than 990 million yuan and has provided guarantees for its subsidiary of no more than 730 million yuan. As of August 13, RESUN's guarantee amount for RESUN Aowei has reached 190 million yuan, with a remaining available limit of no more than 50 million yuan. The external guarantee balance of the company and its subsidiaries is 152.3412 million yuan, with no overdue guarantee situations"
datetime: "2025-08-14T08:15:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252988593.md)
  - [en](https://longbridge.com/en/news/252988593.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252988593.md)
generator: "portal-rs"
---

# RESUN: Provides guarantee for subsidiary's financing of 60 million, discloses guarantee progress

On April 22 and May 29, 2025, RESUN approved a proposal to apply for a comprehensive credit limit not exceeding 990 million yuan and to provide guarantees for its subsidiaries not exceeding 730 million yuan. Recently, the company signed a 60 million yuan "Maximum Guarantee Contract" with Changsha Bank Jincheng Branch for its wholly-owned subsidiary Li Chen Ao Wei. As of August 13, the company's guarantee amount for Li Chen Ao Wei reached 190 million yuan, with a remaining available limit not exceeding 50 million yuan. Among the subsidiaries, Shanghai Ao Wei has the highest debt-to-asset ratio, reaching 68.48%. As of the announcement date, the balance of external guarantees for the company and its subsidiaries is 152.3412 million yuan, with no overdue guarantees or other issues

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**