On the evening of November 5, Shanghai Jin Jiang International Hotels Co., Ltd. (600754) issued an announcement stating that as of the disclosure date, the total actual external guarantees provided by the company and its wholly-owned subsidiaries (all for wholly-owned subsidiaries) amounted to RMB 9.631 billion.
This includes EUR-denominated guarantees of RMB 8.961 billion (equivalent to EUR 1.098 billion) and RMB-denominated guarantees of RMB 670 million, representing 62.50% of the company's latest audited net assets attributable to shareholders. The company confirmed there are no overdue guarantees.
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