[AMAX-KY] Announcement on Behalf of Key Subsidiary Suzhou xFusion Information Technology Co., Ltd. Regarding the Cancellation of Endorsement Guarantee
AMAX-KY announced that its key subsidiary, Suzhou xFusion Information Technology, has resolved via its board to cancel a previously approved endorsement guarantee of 1 million USD for Xinmax International Trade (Hong Kong).
📋 Article Processing Timeline
- 📰 Published: April 22, 2026 at 09:00
- 🔍 Collected: April 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 23, 2026 at 14:03 (6h 3m after Collected)
1. Date of occurrence of the event: 115/04/22
2. Company name: Suzhou xFusion Information Technology Co., Ltd.
3. Relationship with the company (please enter the company or subsidiary): Subsidiary
4. Mutual shareholding ratio: Not applicable
5. Cause of occurrence:
On 115/02/03, the board of directors approved Suzhou xFusion Information Technology Co., Ltd. to provide an endorsement guarantee of USD 1 million for Xinmax International Trade (Hong Kong) Co., Ltd. Now, through a board resolution on 115/04/22, this endorsement guarantee is canceled.
6. Countermeasures: Issue material information.
7. Other matters needing to be stated: None.
2. Company name: Suzhou xFusion Information Technology Co., Ltd.
3. Relationship with the company (please enter the company or subsidiary): Subsidiary
4. Mutual shareholding ratio: Not applicable
5. Cause of occurrence:
On 115/02/03, the board of directors approved Suzhou xFusion Information Technology Co., Ltd. to provide an endorsement guarantee of USD 1 million for Xinmax International Trade (Hong Kong) Co., Ltd. Now, through a board resolution on 115/04/22, this endorsement guarantee is canceled.
6. Countermeasures: Issue material information.
7. Other matters needing to be stated: None.