Zitong Financial App NewsletterMaoye International (00848)Issue a notice about Chengdu Maoye Real Estate and Sichuan Tianfu Bank to enter into a guarantee agreement with Sichuan Tianfu Bank. Accordingly, Chengdu Maoye Real Estate agreed to provide Sichuan Tianfu Bank with a guarantee of no more than 120 million yuan for its real estate sales and the repayment obligations of Sichuan Tianfu Bank's mortgage loans.
The board of directors announced that Chengdu Maoye, a non-wholly owned subsidiary of the company, had provided guarantees on September 30, 2021.Bank of ShanghaiTo conclude the guarantee agreement of the Bank of Shanghai. Accordingly, Chengdu Maoye Real Estate agreed to provide the Bank of Shanghai with a guarantee of no more than 60 million yuan for its real estate sales and the repayment obligations of the Bank of Shanghai mortgage loans for home buyers.