Hillstone Networks Co., Ltd.SSE: 688030

Announcement on Progress in Providing Guarantees for Wholly-owned Subsidiaries

· Issued by Hillstone Networks Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · · 4 pages · Chinese

Summary by 6ix AI

Hillstone Networks Co., Ltd. has announced progress in providing guarantees for its wholly-owned subsidiary, Beijing Hillstone Networks Information Technology Co., Ltd. The company signed a guarantee contract with Huishang Bank to support the subsidiary's credit application, with a maximum guarantee amount specified. The board of directors approved this guarantee, emphasizing its necessity for the subsidiary's operations and confirming that it does not pose significant risks to the company.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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Announcement on Progress in Providing Guarantees for Wholly-owned Subsidiaries

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