---
title: "Hainan Ruize provides a guarantee for a subsidiary's loan of 10 million, no further review required within the limit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/257866620.md"
description: "Hainan Ruize provides a joint liability guarantee for a revolving loan of 10 million yuan to its subsidiary Ruize Renewable Resources. After the loan matures, Ruize Renewable Resources continues to apply for a loan of 10 million yuan, using land use rights and real estate as collateral. The guarantee amount is within the limit approved by the shareholders' meeting and does not require further review. As of the announcement date, the external guarantee limit for the company and its controlling subsidiaries is 1,688.229 million yuan, with an actual cumulative guarantee balance of 1,243.605 million yuan"
datetime: "2025-09-18T08:45:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257866620.md)
  - [en](https://longbridge.com/en/news/257866620.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257866620.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/257866620.md) | [繁體中文](https://longbridge.com/zh-HK/news/257866620.md)


# Hainan Ruize provides a guarantee for a subsidiary's loan of 10 million, no further review required within the limit

On August 29, 2024, Hainan Ruize's subsidiary Ruize Renewable Resources obtained a revolving loan limit of 10 million yuan from the Haikou Jiangdong Branch of Hainan Bank, with the company providing joint liability guarantee. Recently, after the loan matured and was repaid, Ruize Renewable Resources continued to apply for a loan of 10 million yuan, with the company using land use rights and properties in multiple locations as fifth-ranking collateral guarantees, and the company and related personnel providing joint liability guarantees. On May 9, 2025, the company's shareholders' meeting approved the relevant financing and guarantee limits, and the guarantee amount is within the limit, requiring no further review, and does not constitute a related party transaction. As of the announcement date, the company's and its controlling subsidiaries' external guarantee limit is 1,688,229,000 yuan, with an actual cumulative guarantee balance of 1,243,605,000 yuan

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