Tianma Technology seeks shareholder approval for CNY 550m guarantee

Fujian Tianma Science & Technology Group (SSE:603668) has announced plans to seek shareholder approval for a significant guarantee aimed at bolstering its supply chain and supporting downstream clients. According to filings related to the upcoming First Extraordinary Shareholders’ Meeting in 2025, the company and its subsidiaries intend to provide guarantees totaling no more than CNY 550 million. This proposed guarantee, greenlit by the board and supervisors, will enable Tianma Technology to strengthen relationships with key partners in its eel industry value chain. The support is expected to improve financial stability of its partners and ensure steady, high-quality flow.