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Black Peony (600510): Provide Guarantee Of RMB 180 Million For Wholly-Owned Subsidiaries
Black Peony (600510) announced in the evening of December 8 that the company would provide joint liability guarantee for its wholly-owned subsidiary Black Peony Textile with no more than 180 million yuan. As of the disclosure date of the announcement, the balance of guarantees actually provided by Black Peony for Black Peony Textile is 360 million yuan. The accumulated guarantee amount after the implementation of this guarantee is within the guarantee limit approved by the 2022 annual general meeting of shareholders of the company. This guarantee has no counter guarantee.
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