Zhaoci Co., Ltd.: Providing a guarantee for an integrated credit of 153 million yuan for its subsidiary Jiangxi Jingxian.

date
20/03/2026
Zhaochi Group announced that the company recently signed a "Maximum Guarantee Contract" with China Bank Qinghu Branch in Nanchang, providing a joint and several guarantee of 153 million yuan for the comprehensive credit limit applied by its subsidiary Jiangxi Jingxian to the bank. This guarantee falls within the range of the previously approved guarantee amount by the company. As of the end of 2024, Jiangxi Jingxian had total assets of 1.358 billion yuan, total liabilities of 1.232 billion yuan, net assets of 126 million yuan, 2024 revenue of 944 million yuan, and a net profit of 76.475 million yuan. As of the disclosure date of the announcement, the actual guarantee balance of the company and its subsidiaries was 2.865 billion yuan, accounting for 18.04% of the audited net assets at the end of 2024, with no overdue guarantee issues.