Baoming Technology: Wholly-owned subsidiary guarantees the company's 65 million yuan debt.

date
13/01/2026
Bao Ming Technology announced that the company has applied to the Shenzhen Branch of Huishang Bank for a maximum credit line of 50 million yuan. Its wholly-owned subsidiary, Bao Ming Precision Machinery, has signed a "maximum amount guarantee contract" with the bank, providing a joint and several liability guarantee of up to 65 million yuan for the company. At the same time, the company has pledged a utility model patent as collateral for the credit line, with the maximum guaranteed debt also being 65 million yuan. As of September 30, 2025, the company's total assets were 1.966 billion yuan, operating income was 965 million yuan, and net profit was 17.0445 million yuan.