Tongqing Building: The company's and its subsidiaries' total external guarantees amount to RMB 1.83 billion.

NightAirdropper · 2026-02-28T01:17:45+00:00

Tongqing Building announced that its total external guarantees amount to 1.83 billion yuan, accounting for 81.89% of net assets. Among them, a wholly-owned subsidiary guarantees 1.69 billion yuan, accounting for 75.63%. Additionally, over 100,000 people are following Guangzhou real estate auctions, with 8 property companies bidding for 23.6 billion yuan.

NightAirdropper

2026-02-28 01:17:45

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Everyday AI Express: On the evening of February 26, Tongqing Building announced that as of the disclosure date, the company’s and its controlling subsidiaries’ total external guarantees amounted to RMB 1.83 billion, accounting for 81.89% of the company’s audited net assets attributable to shareholders as of December 31, 2024. Among them, the company provided guarantees totaling RMB 1.69 billion to its wholly-owned subsidiaries, accounting for 75.63% of the company’s audited net assets attributable to shareholders as of December 31, 2024; the wholly-owned subsidiaries provided guarantees totaling RMB 140 million to the parent company, accounting for 6.26% of the company’s audited net assets attributable to shareholders as of December 31, 2024.

Everyday Headlines (nbdtoutiao)—Over 100,000 people flooded the servers to watch 8 real estate companies compete for the “racecourse”: 243 rounds of bidding in 9 hours, with a transaction volume of RMB 23.6 billion! A new land king with a floor price in Guangzhou: RMB 85,000 per square meter.

(Reporter Zeng Jianhui)

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