---
title: "APALT provides a guarantee of 320 million yuan for its wholly-owned subsidiary"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/257718904.md"
description: "Jiangsu APALT Light Alloy Technology Co., Ltd. provided a guarantee of 320 million yuan to its wholly-owned subsidiary Liaoning APALT Light Material Technology Co., Ltd. to support its application for fixed asset loans from Agricultural Bank of China and Bank of Communications. This guarantee has been approved by the board of directors and the shareholders' meeting, and the contract was signed on September 16. After the guarantee, the company's total guarantee balance reached 570 million yuan, accounting for 10.31% of the net assets as of June 30, 2025"
datetime: "2025-09-17T11:33:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257718904.md)
  - [en](https://longbridge.com/en/news/257718904.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257718904.md)
---

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# APALT provides a guarantee of 320 million yuan for its wholly-owned subsidiary

On September 18, 2025, Jiangsu APALT Light Alloy Technology Co., Ltd. announced that it would provide guarantees for its wholly-owned subsidiary, Liaoning APALT Light Material Technology Co., Ltd. Previously, the proposal regarding bank financing and related guarantees for the year 2025 had been approved by the board of directors and the shareholders' meeting, and the guarantee amount is within the scope of review. The company provided a joint liability guarantee for Liaoning APALT to apply for a fixed asset loan of no more than 320 million yuan from Agricultural Bank of China Shenyang Shenbei New District Branch and Bank of Communications Liaoning Branch for investment in related projects, and the contract was signed on September 16. As of June 30, 2025, Liaoning APALT had a debt-to-asset ratio of 0.25%. Before the guarantee, the company's guarantee balance was 250 million yuan, with an additional 320 million yuan this time, resulting in a post-guarantee balance of 570 million yuan, accounting for 10.31% of the net assets as of June 30, 2025, with no overdue guarantee situations

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