Tianji Corporation: Wholly-owned subsidiary provides mother company with a 30 million RMB joint guarantee.
Tianji Corporation announced that the company has respectively deliberated and approved the proposal to apply for a comprehensive credit line of up to 4 billion RMB from banks on March 21, 2025 and April 10, 2025. Recently, its wholly-owned subsidiary, Shantou Tianji Electric Industry Co., Ltd., signed a guarantee contract with Xiamen International Bank Zhuhai Branch, providing joint and several guarantees for all debts of the parent company from February 2026 to February 2029, with a maximum debt limit of 30 million RMB. As of February 3, 2026, the company and its subsidiaries have a total guarantee balance of 572 million RMB, accounting for 17.97% of the audited net assets attributable to the parent company at the end of 2024, with no overdue external guarantees.
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