Jingwang Electronics: Planning to provide guarantee for a consortium loan of 2.52 billion yuan for a subsidiary.

date
09/06/2026
Jingwang Electronics announced that, in order to meet the funding needs for the construction of the "High-End HDI Factory" project of its subsidiary Zhuhai Jingwang, Zhuhai Jingwang plans to apply for a medium to long-term syndicated loan not exceeding 2.52 billion yuan with a term not exceeding 8 years from China Bank Shenzhen Nantou Branch, Minsheng Bank, and China Merchants Bank Shenzhen Branch. The company intends to provide joint guarantee for the syndicated loan, with a guarantee amount not exceeding 2.52 billion yuan. As of the disclosure date of the announcement, the company and its subsidiaries have provided guarantees to all subsidiaries with an actual amount of 8.13 billion yuan, accounting for 62.19% of the latest audited net assets. This guarantee matter still needs to be submitted to the company's shareholders' meeting for approval.