As of now, the actual external guarantee balance of Tahoe Group is 75.25 billion yuan, accounting for 407.42% of the company’s latest audited attributable equity of the parent company.

Editor’s note: This article comes from China.com Real Estate , editor: Yang Haoyue , Reproduced with permission

On January 21, Tahoe Group announced that it is estimated that the total amount of new guarantees for holding subsidiaries in the next 12 months will be 67.2 billion yuan, and the total amount of new guarantees for participating companies will be 12.5 billion yuan.

Among them, the total new guarantee for subsidiaries with an asset-liability ratio of more than 70% is 62.9 billion yuan, and the total new guarantee for subsidiaries with an asset-liability ratio less than 70% is 4.3 billion yuan.

As of now, the company’s actual external guarantee balance is 75.25 billion yuan, accounting for 407.42% of the company’s latest audited attributable equity of the owner of the parent company. Among them, the actual guarantees for the participating companies were 3.294 billion yuan, and the rest were guarantees for wholly-owned and controlling subsidiaries and guarantees provided between the wholly-owned and controlling subsidiaries. The company did not have overdue guarantees.