---
title: "LHM's subsidiary provides a guarantee for a loan of 17.75 million, with external guarantees exceeding net assets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256505598.md"
description: "LHM Group signed a loan contract of 17.75 million yuan with ZYBANK, with its subsidiary LHM Casting and Forging Co., Ltd. providing a guarantee. The company's external guarantee balance is 1,071.8184 million yuan, accounting for 168.18% of net assets. Investors need to pay attention to the risks of guarantees exceeding net assets"
datetime: "2025-09-09T07:47:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256505598.md)
  - [en](https://longbridge.com/en/news/256505598.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256505598.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/256505598.md) | [繁體中文](https://longbridge.com/zh-HK/news/256505598.md)


# LHM's subsidiary provides a guarantee for a loan of 17.75 million, with external guarantees exceeding net assets

LHM Group announced that it recently signed a one-year loan contract worth 17.75 million yuan with ZYBANK, with its wholly-owned subsidiary LHM Casting and Forging Co., Ltd. providing joint liability guarantee. Previously, the company had proposed to provide guarantees for financing through its subsidiaries, with a limit not exceeding 1 billion yuan and a validity period of 12 months. The announcement disclosed the financial data of the guaranteed party, which is not listed as a dishonest executor. As of September 10, the company and its holding subsidiaries had external guarantee balances of 1,071.8184 million yuan, accounting for 168.18% of the most recent audited net assets, with no overdue or irregular guarantees. Investors should pay attention to the relevant risks of the company's external guarantees exceeding net assets

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- [LHM (002535.CN)](https://longbridge.com/en/quote/002535.CN.md)
- [ZYBANK (01216.HK)](https://longbridge.com/en/quote/01216.HK.md)

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