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Jiangsu Sunshine (600220): Wholly Owned Subsidiary Provides Guarantee For Controlling Shareholders
Jiangsu Sunshine (600220. SH) announced that on June 23, 2021, Jiangyin Jindi Wool Textile Co., Ltd. (hereinafter referred to as "Jindi wool textile") and Shanghai Branch of Ping An Bank Co., Ltd. (hereinafter referred to as "Ping An Bank") signed the maximum amount mortgage guarantee contract, Hfdhz (2016) No. 004505 is used to provide mortgage guarantee for the loan of sunshine group to Ping An Bank. The maximum balance of the above guarantee amount shall not exceed 300 million yuan. The above mortgage guarantee period shall be from June 23, 2021 to June 22, 2022.
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