East China Heavy Machinery: The guarantee limit of its wholly-owned subsidiary has been adjusted to not exceed 1.2 billion yuan.
East China Heavy Machinery announced that in order to support the company's funding needs, China Bank has increased the credit limit. The wholly-owned subsidiary East China Intelligence has signed a new "Maximum Amount Mortgage Contract" with the bank, adjusting the guarantee amount from not exceeding 1 billion yuan to not exceeding 1.2 billion yuan, with no change in collateral. East China Intelligence has completed its internal approval process. As of the disclosure date of the announcement, the company and its subsidiaries have provided actual guarantees totaling 410 million yuan, accounting for 25.69% of the most recent audited net assets, with no overdue or abnormal guarantee situations. From January to March 2026, the company's revenue was 551.9089 million yuan, with a net profit of 54.1356 million yuan.
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