---
title: "SG AUTOMOTIVE GROUP provides guarantees of up to 8 million yuan for two subsidiaries"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255739397.md"
description: "SG AUTOMOTIVE GROUP provides a maximum guarantee of 8 million yuan for its wholly-owned subsidiaries Jiaxing Shuguang and Liuzhou Shuguang, with guarantees of 3 million yuan and 5 million yuan respectively. As of the announcement date, the actual guarantee amounts are 6 million yuan for Jiaxing Shuguang and 10 million yuan for Liuzhou Shuguang. Both subsidiaries have a debt-to-asset ratio exceeding 70%, with Jiaxing Shuguang at 82.03% and Liuzhou Shuguang at 79.98%. The company expects the total guarantee amount for the year 2025 to be 1.6 billion yuan, with 601.9766 million yuan already used, reminding investors to pay attention to risks"
datetime: "2025-09-03T08:26:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255739397.md)
  - [en](https://longbridge.com/en/news/255739397.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255739397.md)
---

# SG AUTOMOTIVE GROUP provides guarantees of up to 8 million yuan for two subsidiaries

In 2025, Liaoning SG Automotive Group Co., Ltd. announced the progress of external guarantees. The company provided a maximum guarantee of no more than 3 million yuan and 5 million yuan for its wholly-owned subsidiaries, Jiaxing Shuguang and Liuzhou Shuguang, respectively. As of the announcement date, the actual guarantee for Jiaxing Shuguang was 6 million yuan, and for Liuzhou Shuguang, it was 10 million yuan. Both subsidiaries have an asset-liability ratio exceeding 70%, with Jiaxing Shuguang's asset-liability ratio at 82.03% as of June 30, 2025, and Liuzhou Shuguang at 79.98%. This guarantee was approved through the company's internal decision-making process. The total estimated guarantee amount for the company and its subsidiaries in 2025 is 1.6 billion yuan, with 601.9766 million yuan already used, and there are no overdue external guarantee situations. The company reminds investors to pay attention to risks

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