Zhongji Holdings: Providing 110 million yuan in financing guarantees for its wholly-owned subsidiary.

date
20/11/2025
In a notice from Zhongji Holding Group, in order to meet the financing needs of its wholly-owned subsidiary Zhongji Environmental Construction Co., Ltd., the company provided joint liability guarantees for a total of 110 million yuan in credit lines applied for by the subsidiary from China Merchants Bank, Jiangsu Bank, and Nanjing Bank. As of the date of the announcement, the actual guarantee balance provided for the subsidiary is 99.671 million yuan. The company and its controlling subsidiaries have a total external guarantee amount of 1.207 billion yuan, accounting for 79.63% of the latest audited net assets. There are no overdue external guarantee situations. The company's board of directors believes that the risk of the guarantee can be controlled and will not harm the interests of the company and all shareholders.