[Ever Fortune-KY] Announcement of Additional Endorsement Guarantee by Subsidiary Chongqing Larry Yonggu Concrete Co., Ltd.
Key facts
- [Ever Fortune-KY] Announcement of Additional Endorsement Guarantee by Subsidiary Chongqing Larry Yonggu Concrete Co., Ltd.
- Ever Fortune-KY announced that its subsidiary, Chongqing Larry Yonggu Concrete Co., Ltd., will provide additional endorsement guarantees for its parent company, Chongqing Yonggu New Material Co., Ltd., and its affiliated company, Chongqing Dongzhao Changsheng New Material Co., Ltd. This is for the banks' loan applications and falls under Article 25, Paragraph 1, Item 3 of the Regulations Governing Fund Lending and Endorsement Guarantees by Publicly Issued Companies.
- Source: TWSE
- Date: Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)
Direct answer
Ever Fortune-KY announced that its subsidiary, Chongqing Larry Yonggu Concrete Co., Ltd., will provide additional endorsement guarantees for its parent company, Chongqing Yonggu New Material Co., Ltd., and its affiliated company, Chongqing Dongzhao Changsheng New Material Co., Ltd. This is for the banks' loan applications and falls under Article 25, Paragraph 1, Item 3 of the Regulations Governing Fund Lending and Endorsement Guarantees by Publicly Issued Companies.
- Citation
- [Ever Fortune-KY] Announcement of Additional Endorsement Guarantee by Subsidiary Chongqing Larry Yonggu Concrete Co., Ltd. (Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
- Source
- TWSE
- Date
- Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
Ever Fortune-KY announced that its subsidiary, Chongqing Larry Yonggu Concrete Co., Ltd., will provide additional endorsement guarantees for its parent company, Chongqing Yonggu New Material Co., Ltd., and its affiliated company, Chongqing Dongzhao Changsheng New Material Co., Ltd. This is for the banks' loan applications and falls under Article 25, Paragraph 1, Item 3 of the Regulations Governing Fund Lending and Endorsement Guarantees by Publicly Issued Companies.
AI Analysis
Frequently Asked Questions
- Q: What kind of business does Ever Fortune-KY engage in?
- A: Ever Fortune-KY primarily manufactures and sells construction materials, such as concrete products, in the Chinese market.
- Q: To whom is this endorsement guarantee being provided?
- A: It is being provided to its parent company, Chongqing Yonggu New Material Co., Ltd., and its affiliated company, Chongqing Dongzhao Changsheng New Material Co., Ltd.
- Q: What is the limit of the guarantee?
- A: The guarantee limit for each company is 4,456,778 thousand Yuan (approximately 4.46 billion Yuan).
- Q: What is the significance of this announcement?
- A: It indicates active fundraising as part of the company's growth strategy, reflecting its ambition for business expansion in the Chinese market.
- Q: When will the guarantee be released?
- A: The guarantee will be released when the subsidiary terminates its loan agreement with the bank.