Guangzhi Technology: Subsidiary plans to apply for a 500 million yuan line of credit, with the company providing joint liability guarantee.

date
26/12/2025
Guangzhi Technology announced that its subsidiary Anhui Guangzhi plans to apply for a comprehensive credit limit of up to 500 million yuan from the Chuzhou Branch of Industrial Bank, with the company providing joint liability guarantee. As of September 30, 2025, the asset-liability ratio of Anhui Guangzhi was 75.29%, with revenue of 1.264 billion yuan and a net profit of 86.33 million yuan from January to September 2025. The company convened a board meeting on December 26, 2025 to approve the proposal, which still requires approval from the shareholders' meeting. As of the date of the announcement, the company's total external guarantee balance was 1.279 billion yuan, accounting for 207.49% of the latest audited net assets, with no overdue guarantee obligations.