--- title: "Baowu Magnesium: Plans to provide a guarantee of 99.12 million yuan for its equity investment subsidiary and transfer equity" type: "News" locale: "en" url: "https://longbridge.com/en/news/263680868.md" description: "Baowu Magnesium announced that it plans to transfer 40% equity of its affiliated subsidiary Yian Yunhai and provide a guarantee of 99.12 million yuan, which accounts for 1.86% of the audited net assets at the end of 2024. The guarantee period lasts until the equity transfer date or the date of exit from the guarantee responsibility, subject to the approval of the shareholders' meeting. As of the disclosure date, the company has accumulated related party transactions with Yian Yunhai amounting to 125 million yuan and has provided external guarantees totaling 407 million yuan, with no overdue guarantees" datetime: "2025-10-31T07:45:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/263680868.md) - [en](https://longbridge.com/en/news/263680868.md) - [zh-HK](https://longbridge.com/zh-HK/news/263680868.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/263680868.md) | [繁體中文](https://longbridge.com/zh-HK/news/263680868.md) # Baowu Magnesium: Plans to provide a guarantee of 99.12 million yuan for its equity investment subsidiary and transfer equity Baowu Magnesium announced that the company plans to transfer 40% of its equity in the affiliated subsidiary Yian Yunhai. To ensure its working capital before the equity transfer, Yian Yunhai intends to apply for guaranteed financing not exceeding 248 million yuan, with the company providing a guarantee amount of 99.12 million yuan based on its 40% equity stake, accounting for 1.86% of the audited net assets as of the end of 2024. The guarantee period will last until the equity transfer date or the date of exit from the guarantee responsibility, which will be assumed by the acquirer. This related guarantee still requires approval from the shareholders' meeting. From the beginning of 2025 to the disclosure date, the company has accumulated related transactions with Yian Yunhai amounting to 125 million yuan. As of the disclosure date, the company has provided a total of 407 million yuan in external guarantees, with no overdue guarantees ### Related Stocks - [Baowu Magnesium (002182.CN)](https://longbridge.com/en/quote/002182.CN.md) ## Related News & Research - [Gemstone Window Cleaning Receives 2026 Consumer Choice Award in Hamilton](https://longbridge.com/en/news/279255592.md) - [Former Tesla president surprised after ripping apart Chinese EV: 'They save a lot of money that way'](https://longbridge.com/en/news/279142819.md) - [08:49 ETLeaf & Mineral™ Announces Placement in Greens Nutrition](https://longbridge.com/en/news/279048124.md) - [FIT Hon Teng Limited Reports Earnings Results for the Full Year Ended December 31, 2025](https://longbridge.com/en/news/278946784.md) - [09:03 ETArity Brings Behavioral Precision to Territorial Ratemaking at CAS RPM](https://longbridge.com/en/news/279271174.md)