Chengdi Xiangjiang: Provides a guarantee of 10 million yuan for its wholly-owned subsidiary.

date
12/08/2026
Chengdi Xiangjiang announced that its wholly-owned subsidiary, Xiangjiang Technology, has signed a "Maximum Amount Guarantee Contract" with another wholly-owned subsidiary, Zhenjiang Xiangjiang Cloud Power Technology Co., Ltd., for a loan from Bank of China, Yangzhong Branch, with a guarantee amount of 10 million yuan. The guarantee method is joint liability guarantee, which does not exceed the annual expected limit and has no counter-guarantee. As of the announcement date, the company and its holding subsidiaries have an external guarantee balance of 4.261 billion yuan, accounting for 121.87% of the latest audited net assets, with no overdue guarantees. This guarantee is conducted to meet the financing needs of the subsidiary's production and operation, and the risk is controllable.