Can SASAC's holding company guarantee loans for its subsidiaries and execute the loans without litigation?

SASAC's holding company guarantees loans for its subsidiaries. If the subsidiary fails to repay the loan on time, the court can perform the guarantee responsibility. According to the provisions of the Enterprise Bankruptcy Law of the People's Republic of China and the Guarantee Law of People's Republic of China (PRC), the guarantor shall bear the corresponding guarantee responsibilities. If the guarantor fails to perform the guarantee responsibility, the creditor may apply to the court for enforcement. Therefore, SASAC's holding company provides loan guarantee for its subsidiaries, and if the subsidiaries fail to repay the loans on time, the court can fulfill the guarantee responsibility.