[Mandatory] Board of Directors Approves Guarantee for Subsidiary Nanjin International Technology Co., Ltd. Meeting Disclosure Standards
The company's board has approved a guarantee for its 59% subsidiary, Nanjin International Technology Co., Ltd., up to 23,253,740 thousand yuan. This is to secure a renewed bank credit line, with an additional US$10 million, to support the subsidiary's operational turnover.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 20:22 (12h 22m after Collected)
1. Date of Event: 2026/05/11
2. Guaranteed Party:
(1) Company Name: Nanjin International Technology Co., Ltd.
(2) Relationship with Guarantor Company: 59% subsidiary indirectly held by the Company.
(3) Guarantee Limit (Thousands of Yuan): 23,253,740
(4) Original Guarantee Balance (Thousands of Yuan): 4,970,620
(5) Amount of New Guarantee (Thousands of Yuan): 1,994,580
(6) Guarantee Balance as of the Date of Event (Thousands of Yuan): 6,965,200
(7) Actual Amount Drawn by the Guaranteed Company (Thousands of Yuan): 5,638,646
(8) Reason for New Guarantee: The Company signed guarantee notes with the bank to obtain a credit line. The original limit of US$53 million will be renewed, with an additional US$10 million, to meet the operational turnover needs of the invested subsidiary.
3. Collateral Provided by the Guaranteed Company:
(1) Content: None.
(2) Value (Thousands of Yuan): 0
4. Latest Financial Statement of the Guaranteed Company:
(1) Capital (Thousands of Yuan): 359,396
(2) Accumulated Profit/Loss (Thousands of Yuan): 1,257,944
5. Conditions for Release of Guarantee Responsibility:
(1) Conditions: The guarantee responsibility shall be released upon maturity of the guarantee.
(2) Date: One-year maturity.
6. Total Guarantee Limit (Thousands of Yuan): 48,445,293
7. Guarantee Balance as of the Date of Event (Thousands of Yuan): 20,828,552
8. As of the Date of Event, the Ratio of Guarantee Balance Provided by A to the Net Worth of the Public Issuing Company's Latest Financial Statement: 107.48
9. As of the Date of Event, the Ratio of the Sum of Guarantee, Long-term Investment, and Funds Lent to the Net Worth of the Public Issuing Company's Latest Financial Statement: 37.81
10. Other Disclosures: None.
2. Guaranteed Party:
(1) Company Name: Nanjin International Technology Co., Ltd.
(2) Relationship with Guarantor Company: 59% subsidiary indirectly held by the Company.
(3) Guarantee Limit (Thousands of Yuan): 23,253,740
(4) Original Guarantee Balance (Thousands of Yuan): 4,970,620
(5) Amount of New Guarantee (Thousands of Yuan): 1,994,580
(6) Guarantee Balance as of the Date of Event (Thousands of Yuan): 6,965,200
(7) Actual Amount Drawn by the Guaranteed Company (Thousands of Yuan): 5,638,646
(8) Reason for New Guarantee: The Company signed guarantee notes with the bank to obtain a credit line. The original limit of US$53 million will be renewed, with an additional US$10 million, to meet the operational turnover needs of the invested subsidiary.
3. Collateral Provided by the Guaranteed Company:
(1) Content: None.
(2) Value (Thousands of Yuan): 0
4. Latest Financial Statement of the Guaranteed Company:
(1) Capital (Thousands of Yuan): 359,396
(2) Accumulated Profit/Loss (Thousands of Yuan): 1,257,944
5. Conditions for Release of Guarantee Responsibility:
(1) Conditions: The guarantee responsibility shall be released upon maturity of the guarantee.
(2) Date: One-year maturity.
6. Total Guarantee Limit (Thousands of Yuan): 48,445,293
7. Guarantee Balance as of the Date of Event (Thousands of Yuan): 20,828,552
8. As of the Date of Event, the Ratio of Guarantee Balance Provided by A to the Net Worth of the Public Issuing Company's Latest Financial Statement: 107.48
9. As of the Date of Event, the Ratio of the Sum of Guarantee, Long-term Investment, and Funds Lent to the Net Worth of the Public Issuing Company's Latest Financial Statement: 37.81
10. Other Disclosures: None.