Guarantees & Loans Announcements

Latest guarantees & loans filings from SZSE-listed companies, in English

CompanyTitleDate
301171

Easy Click Worldwide Network Technology Co., Ltd.

Progress Announcement on Guarantee for Wholly-Owned Grand-Subsidiary

Yidian Tianxia Network Technology Co., Ltd. announced progress on its guarantee for its wholly-owned grand-subsidiary, Click Tech Limited. The company provided a USD 12 million joint liability guarantee to Google Asia Pacific Pte. Ltd. for Click Tech Limited's business cooperation. This is part of a previously approved guarantee limit of RMB 290.4 million.

Jun 22, 2026
301012

Yangdian Technology Co., Ltd.

Announcement on Company and Subsidiaries' Proposed New Comprehensive Credit and Guarantee Applications to Financial Institutions

Jiangsu Yangdian Technology Co., Ltd. proposes to apply for new comprehensive credit lines and guarantees totaling RMB 100,000 million for its operations and subsidiaries. This aims to enhance financing efficiency and support business development. The board has reviewed and approved the proposal, which will be submitted for shareholder approval.

Jun 22, 2026
300877

Jinchun Co., Ltd.

Announcement on Entrusting Loans

Anhui Jinchun Non-woven Fabric Co., Ltd. will entrust RMB 50 million in idle self-owned funds to Chuzhou Langya District Guokong Development Group Co., Ltd. for a term not exceeding one year at an annual interest rate of 4.9%. The loan is intended for the borrower's daily operations and is secured by a joint liability guarantee from Chuzhou Langya State-owned Assets Operation Co., Ltd. The company expects this to improve fund utilization efficiency without negatively impacting its operations or shareholder interests.

Jun 22, 2026
300085

Shenzhen Infogem Technologies Co., Ltd.

Announcement on Providing Guarantees for Subsidiaries

Shenzhen Yinzhijie Technology Co., Ltd. announces a guarantee for its subsidiary, Beijing Yimei Ruan Tong Technology Co., Ltd., for a credit line of RMB 7 million with Jiangsu Bank Beijing Branch. This guarantee is within the previously approved limit and does not require further board approval. The company's total outstanding guarantees are RMB 84.48 million.

Jun 22, 2026
300008

Bestway Marine and Energy Technology Co., Ltd.

Announcement on Providing Guarantees for Subsidiaries

Tianhai Defense plans to provide guarantees for its wholly-owned subsidiary, Jiangsu Dajin Heavy Industry, to secure comprehensive credit lines and financing leases. The total guarantee amount is approximately RMB 63.0156 million for shipbuilding contracts and RMB 15 million for credit lines, plus RMB 109.7104 million for financing leases. These guarantees are within the company's approved external guarantee limit for 2026.

Jun 22, 2026
002991

Ganyuan Foods Co., Ltd.

Announcement on Applying for Comprehensive Credit Line from Banks

Gansu Food Co., Ltd. and its subsidiaries plan to apply for a comprehensive credit line of up to RMB 350 million from financial institutions. This is to meet operating capital needs and optimize cash asset management, supporting stable development. The credit line is valid for 12 months and can be rolled over. The board has authorized the legal representative to sign relevant documents.

Jun 22, 2026
002865

Hainan Drinda New Energy Technology Co., Ltd.

Announcement on Providing Guarantees for Wholly-owned Subsidiaries and Wholly-owned Grand-subsidiaries

Hainan Junda New Energy Technology Co., Ltd. announces guarantees for its wholly-owned subsidiaries and grand-subsidiaries. The total guarantee amount is RMB 86.676 billion, representing 236.83% of the company's net assets. The company and its subsidiaries have no overdue guarantees or related litigation.

Jun 22, 2026
002791

Guangdong Kin Long Hardware Products Co., Ltd.

Announcement on Progress of Guarantee for Wholly-Owned Subsidiary's Bank Credit Facility Application

Guangdong Jianlang Hardware announced that its wholly-owned subsidiary, Jianlang Building Materials, applied for a 150 million RMB credit facility from Bank of Communications. The company will provide a maximum guarantee for this facility. This is within the previously approved total guarantee limit of 4 billion RMB.

Jun 22, 2026
002757

Nanxing Machinery Co., Ltd.

Announcement on Subsidiary's Application for Credit Line and Company's Guarantee

Nanxing Equipment's board approved a guarantee for its subsidiary, Guangdong Weinetwork Technology, to apply for a credit line of up to RMB 1 billion. This move aims to support the subsidiary's operational and business development needs. The guarantee is a connected transaction, and the board deems the risk controllable and beneficial to the company.

Jun 22, 2026
002628

Chengdu Road and Bridge Co., Ltd.

Announcement on Providing Guarantee for Wholly-owned Subsidiary Chengdu Shudu Expressway Pavement Co., Ltd.

Chengdu Road & Bridge Engineering Co., Ltd. announces a RMB 2 million guarantee for its subsidiary, Chengdu Shudu Expressway Pavement Co., Ltd., to secure a credit line from Industrial Bank. This is within the approved annual guarantee limit and is deemed controllable.

Jun 22, 2026
002596

Hainan Ruize Co., Ltd.

Hainan Ruize New Material Co., Ltd. Progress Announcement on Financing Guarantee (Corrected)

Hainan Ruize New Material Co., Ltd. announces a corrected progress update on a financing guarantee for its wholly-owned subsidiary, Qionghai Ruize Concrete Delivery Co., Ltd. The guarantee is for a RMB 10 million credit line from Hainan Bank, secured by company assets and personal guarantees. This falls within previously approved limits.

Jun 22, 2026
002512

Tatwah Smartech Co., Ltd.

Announcement on the Progress of Guarantees for the Company and its Subsidiaries

This announcement details the progress of guarantees for Fuzhou Dahua Intelligent Technology Co., Ltd. and its subsidiaries. The company has provided a RMB 10 million guarantee for its wholly-owned subsidiary, New East Network Technology Co., Ltd., for a working capital loan. This guarantee is within the previously approved limits and does not require further shareholder approval.

Jun 22, 2026
002400

Guangdong Advertising Group Co., Ltd.

Announcement on Adjustment of Guarantee Quotas Among Subsidiaries

Guangdong Advertising Group Co., Ltd. announces an adjustment to guarantee quotas among its subsidiaries. The total guarantee quota remains RMB 2 billion, with RMB 1.7 billion allocated for subsidiaries with a debt-to-asset ratio exceeding 70%. This adjustment aims to enhance financial flexibility and support business development for subsidiaries.

Jun 22, 2026
002390

Guizhou Xinbang Pharmaceutical Co., Ltd.

Announcement on Providing Guarantees for Subsidiaries

Guizhou Xinbang Pharmaceutical Co., Ltd. announces its board of directors approved providing guarantees for its wholly-owned and controlled subsidiaries. The company will apply for credit facilities totaling RMB 1.8 billion, with guarantees not exceeding RMB 150 million. This includes guarantees for Xinbang Pharmaceutical and Datong Pharmaceutical, each for RMB 50 million. The board deems these guarantees to be within a controllable risk range.

Jun 22, 2026
002183

Eternal Asia Supply Chain Management Ltd.

Announcement on the Progress of Guarantee Matters

Shenzhen Eternal Asia Supply Chain Management Co., Ltd. has entered into guarantee agreements for three of its subsidiaries to secure bank credit facilities. The total guarantee amount provided for these subsidiaries is RMB 80 million. This action is part of the company's previously approved 2026 annual credit and guarantee plan to meet operational funding requirements. The company confirms that none of the guaranteed parties are subject to enforcement for dishonesty.

Jun 22, 2026
002183

Eternal Asia Supply Chain Management Ltd.

Announcement Regarding the Guarantee of the Tenth Meeting of the Eighth Board of Directors

Shenzhen Eternal Asia Supply Chain Management Co., Ltd. has approved a proposal to apply for a comprehensive credit line of up to RMB 5.5 billion from the Shenzhen Branch of China Construction Bank. Eight subsidiaries will provide joint and several liability guarantees for this one-year credit facility. This guarantee is subject to shareholder approval. The company confirms that it has no overdue guarantees or pending litigation related to guarantees.

Jun 22, 2026
002135

Zhejiang Southeast Space Frame Co., Ltd.

Announcement on Adjusting Guarantee Quotas Among Subsidiaries and Progress of Providing Guarantees for Subsidiaries

Zhejiang Southeast Network Frame Co., Ltd. is adjusting its guarantee quotas among subsidiaries to support Zhejiang Xingneng's photovoltaic project. The company is transferring RMB 20 million in unused guarantee quota from Chengdu Southeast Steel Structure to Zhejiang Xingneng. This adjustment is within the scope of the shareholder meeting's authorized guarantee limit and aims to optimize fund utilization.

Jun 22, 2026
002134

Tianjin Printronics Circuit Corporation

Announcement on the Company's Application for Credit Line from Bank

Tianjin Pulin Circuits Co., Ltd. announced its board of directors approved applying for a credit line of up to RMB 100 million from China Construction Bank Tianjin Branch. The credit line will cover working capital loans, domestic letters of credit, and supply chain financing, with a term of no more than one year. The company authorized its president to sign relevant agreements.

Jun 22, 2026
002134

Tianjin Printronics Circuit Corporation

Announcement Regarding Subsidiary's Bank Credit Facility Application and Guarantee by Parent Company

The announcement details a credit facility application by subsidiary Zhuhai Taihe for RMB 70 million, with a guarantee from its parent, Huizhou Taihe. This is a material event as the total external guarantees exceed 50% of the company's net assets, and Zhuhai Taihe's asset-liability ratio is over 70%. The board has approved the matter, pending shareholder approval.

Jun 22, 2026
001266

Hongying Intelligent Co., Ltd.

Progress Announcement on External Guarantees

Shanghai Hongying Intelligent Technology Co., Ltd. announces progress on its external guarantee plan. The company and its subsidiaries will provide guarantees totaling no more than RMB 1.8 billion for daily operations. A specific guarantee of RMB 1.3 billion has been issued to a wholly-owned subsidiary, Shanghai Hongying New Energy Technology Co., Ltd., for a financing contract. The company assesses the risk as controllable.

Jun 22, 2026
000931

Zhongguancun Group

Announcement on Cancelling Guarantee and Counter-guarantee for Duoduo Pharmaceutical's RMB 2.5 Million Credit Facility from Harbin Bank

Beijing Zhongguancun Science & Technology Development (Holding) Co., Ltd. announces the cancellation of a RMB 2.5 million guarantee and counter-guarantee for its subsidiary Duoduo Pharmaceutical's credit facility. This decision, approved by the board, aims to optimize external guarantees and does not impact the company's operations. The cancellation is pending shareholder approval.

Jun 22, 2026
000931

Zhongguancun Group

Announcement on the Company and Beijing Haisu Providing Guarantee for the 60 Million Yuan Financing Credit Applied by Beijing Haisu Cangzhou Branch to Cangzhou Bank

Beijing Zhongguancun Science & Technology Development (Holding) Co., Ltd. and its subsidiary Beijing Haisu will provide a joint liability guarantee for a 60 million yuan credit facility applied by Beijing Haisu's Cangzhou branch to Cangzhou Bank. The branch will provide mortgage security using its land and property assets. This guarantee is subject to approval by the company's shareholders' meeting due to the total external guarantee amount exceeding 50% of the company's latest audited net assets.

Jun 22, 2026
000931

Zhongguancun Group

Announcement on Company Providing Guarantees for Subsidiaries' Joint Application for Credit Facility from Bank of China

Beijing Zhongguancun Science & Technology Development (Holding) Co., Ltd. announced its board approved providing joint liability guarantees for its subsidiaries' application for a RMB 29 million credit facility from Bank of China. The company will also provide mortgage guarantees for commercial properties. This is to supplement working capital for the subsidiaries.

Jun 22, 2026
000911

*ST Guangtang Co., Ltd.

Guangxi Rural Investment Sugar Industry Group Co., Ltd. Announcement on Progress of Guarantees for Subsidiaries

Guangxi Rural Investment Sugar Industry Group Co., Ltd. announces progress on guarantees for its subsidiaries. The company has entered into guarantee agreements with banks for loans totaling RMB 31.57 million for three wholly-owned subsidiaries. The total approved guarantee limit for 2026 is RMB 3.48 billion. The company has no overdue guarantees or pending litigation related to guarantees.

Jun 22, 2026
000415

Bohai Leasing Co., Ltd.

Progress Announcement on Guarantees by Wholly-Owned Subsidiary

Bohai Leasing Co., Ltd. announces progress on its subsidiary, Tianjin Bohai Leasing, providing guarantees. Tianjin Bohai Leasing has provided a joint liability guarantee of RMB 480 million for a loan to Bohai Leasing. This guarantee is within the previously approved RMB 3.3 billion annual guarantee limit.

Jun 22, 2026
000058

Shenzhen SEG Co., Ltd.

Progress Announcement on Subsidiary's Guarantee Obligation Fulfillment

This announcement details the progress of Shenzhen Saige Real Estate's guarantee for its subsidiary, Huizhou Saige Star. Saige Real Estate has paid RMB 775,406.99 in interest on behalf of Huizhou Saige Star to Beijing Bank, bringing the total compensation to RMB 17,928,082.73. The company will urge the subsidiary to repay the funds and reserves legal action rights.

Jun 22, 2026
300014

EVE Energy Co., Ltd.

Announcement on Progress of Equity Swap and Guarantee for Subsidiary Yiwu Neng

This announcement details the progress of an equity swap involving Yiwu Neng, a subsidiary of EVE Energy. EVE Energy has indirectly acquired 100% of Yiwu Neng through its subsidiaries, strengthening overall management and operational efficiency. The transaction does not alter the consolidated scope or negatively impact the company or its shareholders.

Jun 22, 2026
300850

Luoyang Xinqianglian Slewing Bearing Co., Ltd.

Announcement on Termination of Guarantees for Subsidiaries

Luoyang New Strong Bearing Co., Ltd. announces the termination of guarantees for its subsidiaries, Xin Sheng New Energy, Feng Zhao New Energy, and Xin Qi New Energy, related to their sale-and-leaseback financing. The termination is due to the early settlement of the financing agreements. This decision will not materially impact the company's financial performance or shareholder interests.

Jun 22, 2026
300397

Xi'an Tianhe Defense Technology Co., Ltd.

Progress Announcement on Guarantee for Wholly-Owned Subsidiary

This announcement details the progress of guarantees provided by Xi'an Tianhe Defense Technology Co., Ltd. for its wholly-owned subsidiary, Nanjing Pinyu Electronic Technology Co., Ltd. The company and its controlling shareholders have signed guarantee agreements for a loan of RMB 9.9 million. This falls within the previously approved annual guarantee limit.

Jun 22, 2026
300645

Zhengyuan Smart Technology Co., Ltd.

Announcement on the Progress of Guarantee Implementation

ZhengYuan Smart announced its subsidiary, Xiaolan Smart, obtained a RMB 10 million loan from Shanghai Pudong Development Bank. ZhengYuan Smart provided a RMB 10 million joint liability guarantee. Other shareholders of Xiaolan Smart provided counter-guarantees to ZhengYuan Smart. The company's total guarantee amount is RMB 21.355 million, representing 19.52% of its net assets.

Jun 22, 2026
300424

Hangxin Technology Co., Ltd.

Announcement on the Progress of Applying for Comprehensive Credit Lines and Guarantee Quotas for 2026

Hangxin Technology has obtained approval for a 2026 comprehensive credit line of up to RMB 2 billion and a guarantee quota of RMB 420 million for its subsidiaries. As part of this, the company has provided a joint liability guarantee for its subsidiary, Tianhong Aviation, for credit facilities totaling RMB 20 million from Industrial Bank and Bank of Tianjin. These actions fall within the previously approved annual authorization limits.

Jun 22, 2026
300824

Beiding Co., Ltd.

Progress Announcement on Guarantee for Wholly-Owned Subsidiary's Credit Application to Bank

Shenzhen Beiding Jinghui Technology Co., Ltd. announces progress on its guarantee for its wholly-owned subsidiary, Beiding Jinghui Technology. The company has signed guarantee contracts with Ping An Bank and Huaxia Bank, each for RMB 50 million, within the previously approved RMB 400 million limit. These guarantees are for the subsidiary's credit lines and operational needs.

Jun 22, 2026
300022

Jifeng Technology Co., Ltd.

Progress Announcement on Guarantee for Subsidiaries and 2026 Annual Guarantee Forecast

This announcement details the progress of guarantees for subsidiaries of Jifeng Sannong Technology Services Co., Ltd. The company has adjusted guarantee limits for several subsidiaries within the previously approved total guarantee amount of RMB 105,500 million. The total outstanding guarantees for external parties amount to RMB 37,399.05 million, with overdue guarantees at RMB 441.96 million.

Jun 22, 2026
300871

Hui Sheng Biotechnology Co., Ltd.

Progress Announcement on Providing Guarantees for Subsidiaries

Wuhan Huasheng Biological Technology Co., Ltd. announces an increase in guarantee limit for its wholly-owned subsidiary, Xinjiang Huasheng Biotechnology Co., Ltd., by RMB 100 million to RMB 300 million. This is to support the subsidiary's fixed asset loan application. The total guarantee limit for the company and its subsidiaries will not exceed RMB 600 million.

Jun 22, 2026
301109

Hunan Junxin Environmental Protection Co., Ltd.

Announcement on Providing Performance Guarantee for Subsidiary

Hunan Junxin Environmental Protection Co., Ltd. announced it will provide a performance guarantee for its subsidiary, Junxin Environmental Protection (Issyk-Kul) Co., Ltd., for a procurement contract. The guarantee amount is RMB 21.9127 million, within the previously approved credit limit. This action supports the subsidiary's operational needs and aligns with the company's development strategy.

Jun 22, 2026
301307

Chongqing Millison Technologies Inc.

Progress Announcement on External Guarantees

Chongqing Meilixin Technology Co., Ltd. announces a new guarantee of RMB 50 million for its subsidiary, Meilixin Die Casting Technology Co., Ltd., with China CITIC Bank Chongqing Branch. This falls within the previously approved credit line and guarantee limit, requiring no further shareholder or board approval. The total outstanding external guarantees now amount to RMB 1,335.0852 million.

Jun 22, 2026
300572

Shenzhen Anche Technologies Co., Ltd.

Announcement on the Company Providing Guarantee for Shenzhen AnChe Intelligent Technology Co., Ltd.

The company's board of directors approved providing a guarantee for its subsidiary, AnChe Intelligent Technology, to secure a RMB 30 million credit line from China Everbright Bank. This is to support the subsidiary's daily operations and development. The board deemed the risk controllable as the company holds 51% of the subsidiary's voting rights.

Jun 22, 2026
301099

Shanghai YCT Electronics Group Co., Ltd.

Progress Announcement on Guarantees for Subsidiaries

Shanghai Yachuang Electronic Group Co., Ltd. announces progress on its subsidiary guarantees. The company and its subsidiaries will provide RMB 5 billion in guarantees for subsidiary credit and RMB 3 billion for performance. A specific guarantee of RMB 200 million for Shanghai Yaxuan Electronics has been executed. The total outstanding guarantees are RMB 112,476.88 million.

Jun 22, 2026
003037

Sanhe Pile Co., Ltd.

Announcement on Progress of Guarantees for Subsidiaries

Guangdong Sanhe Pipe Co., Ltd. announces progress on bank credit line applications and guarantees for its subsidiaries. The company and its subsidiaries will apply for credit lines totaling RMB 7.684 billion and USD 900,000. The total guarantee amount will not exceed RMB 2.805 billion. This announcement details specific guarantee contracts signed with three banks.

Jun 21, 2026
002973

QiaoYin City Management Co., Ltd.

Announcement on the Adjustment of Guarantee Quotas and Progress of Guarantees

Qiaoyin Urban Management Co., Ltd. has adjusted its internal guarantee quotas, reallocating 20 million RMB of unused quota from its subsidiary Dalian Qiaoyin to Dingyuan Qiaoyin. This adjustment supports Dingyuan Qiaoyin's application for a 20 million RMB credit line from Dingyuan Rural Commercial Bank. The company has provided a joint liability guarantee for this financing. This action falls within the scope of the 2026 annual guarantee quota previously approved by shareholders.

Jun 21, 2026
002971

Hubei Heyuan Gas Co., Ltd.

Announcement on Progress of Company Providing Guarantees for its Holding Subsidiaries

Hubei Heyuan Gas Co., Ltd. announces progress on providing guarantees for its holding subsidiary, Hubei Heyuan New Materials Co., Ltd., for a financing lease. The company has provided a joint liability guarantee of up to RMB 80 million for the lease, which is within the previously approved limit. This action supports the subsidiary's financing plan and normal operations.

Jun 21, 2026
002816

*ST Yake Co., Ltd.

Progress Announcement on Providing Guarantees for Subsidiaries

Shenzhen Hekeda Precision Cleaning Equipment Co., Ltd. announces progress on its guarantee for its subsidiary, Hekeda Semiconductor. The company has provided guarantees totaling RMB 1,000 million and RMB 120,000 to Hekeda Semiconductor for credit and loan facilities, respectively. These guarantees are within the authorized limit and are deemed necessary for the subsidiary's operational needs.

Jun 21, 2026
002815

Suntak Technology Co., Ltd.

Progress Announcement on Guarantees for Subsidiaries

This announcement details the progress of guarantees provided by Chongda Technology Co., Ltd. for its wholly-owned subsidiary, Zhuhai Chongda. The company has signed guarantee contracts with ICBC Zhuhai Jinwan Branch and ICBC Shenzhen Fuyong Branch, providing credit line guarantees totaling RMB 300 million for the subsidiary's operational needs. These guarantees were previously approved by the board and shareholders.

Jun 21, 2026
002787

Huayuan Holdings

Progress Announcement on Guarantee for Wholly-Owned Subsidiary

Suzhou Huayuan Holdings Co., Ltd. announced progress on its guarantee for its wholly-owned subsidiary, Suzhou Huayuan Semiconductor Co., Ltd. The company signed an irrevocable guarantee for RMB 119.2 million with China Merchants Bank Suzhou Branch. This reduces the subsidiary's available credit line and increases its outstanding guarantee balance.

Jun 21, 2026
002716

HUNAN SILVER CO.,LTD.

Announcement on Hunan Silver Company Providing Guarantee for its Wholly-Owned Subsidiary Jinhe Mining

Hunan Silver Company will provide a joint liability guarantee for its wholly-owned subsidiary, Jinhe Mining, for a RMB 50 million credit facility from Shanghai Pudong Development Bank. This guarantee supports the subsidiary's business development and is within the company's risk tolerance. The total external guarantee amount after this will be RMB 618 million, representing 17.48% of the company's net assets.

Jun 21, 2026
002712

Simei Media Co., Ltd.

Progress Announcement on Subsidiary Guarantee by Seme Media Co., Ltd.

Seme Media Co., Ltd. announces progress on providing a guarantee for its subsidiary, Sichuan Bafang Tengtai Technology Co., Ltd. The guarantee is for a RMB 10 million working capital loan from Bank of China Chengdu Jinniu Branch. This falls within the previously approved guarantee limit, with outstanding guarantees now totaling RMB 424.9 million.

Jun 21, 2026
002612

Lancy Co., Ltd.

Announcement on Wholly-Owned Subsidiary Providing Guarantee for the Company and Receiving Guarantees from Related Parties

Langzi Co., Ltd. announces its wholly-owned subsidiary, Langzi Medical Management, will provide a joint liability guarantee for the company's RMB 100 million credit line from Minsheng Bank. The company's controlling shareholder and spouse will also provide gratuitous guarantees. This is within approved limits and does not negatively impact the company.

Jun 21, 2026
002600

LINGYI iTECH (GUANGDONG) COMPANY

Announcement on Progress of Guarantees for Subsidiaries

Guangdong Lingyi Intelligent Manufacturing Co., Ltd. announces progress on its 2026 guarantee plan. The company and its subsidiaries have entered into several guarantee agreements with banks, totaling RMB 200 million and USD 29.66 million. These guarantees are within the previously approved limit and are for operational needs, with no overdue or litigated guarantees reported.

Jun 21, 2026
002528

*ST Yingfei Co., Ltd.

Announcement on Partial Debt Default and Guarantee Progress of the Company and its Subsidiaries

Shenzhen Yingfeitop Technology Co., Ltd. and its subsidiary Shenzhen Yingfeitop Renyong Information Co., Ltd. have defaulted on bank loans totaling RMB 29.3 million, representing 25.99% of the company's audited net assets in 2025. Cumulative debt defaults and overdue interest amount to RMB 536.56 million. The company is actively communicating with creditors to resolve the situation.

Jun 21, 2026
002524

Guangzheng Ophthalmology Co., Ltd.

Announcement on Progress of Comprehensive Credit and Guarantee Matters of Subsidiaries

Guangzheng Ophthalmology Group Co., Ltd. announces progress on its subsidiaries' comprehensive credit and guarantee matters. The board approved applying for a comprehensive credit line of up to RMB 620 million and inter-company guarantees. This follows a previous shareholder approval. The company's total external guarantees now stand at RMB 39,369 million, representing 411% of its net assets.

Jun 21, 2026

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