Inmyshow Digital Technology guarantees $100m in credit for subsidiary
Inmyshow Digital Technology Group Co., Ltd. has advanced its guarantee provisions for its wholly-owned subsidiary, Beijing Inmyshow Advertising Co., Ltd. The company signed two maximum guarantee contracts: one with Nanjing Bank Beijing Branch for RMB 5,000 million and another with Bank of Beijing Zhongguancun Branch, also for RMB 5,000 million. Both guarantees are structured as joint and several liability, aimed at supporting the subsidiary's credit lines and operational needs.
These guarantees fall within the previously approved annual guarantee limits. As of the announcement date, the company's cumulative external guarantees for its consolidated entities amount to RMB 186,723.97 million, representing 48.75% of its most recent audited net assets. Beijing Inmyshow Advertising Co., Ltd. has a registered capital of RMB 20,000 million and reported total assets of RMB 171,303.85 million and a net profit of RMB 6,916.21 million as of June 30, 2025 (unaudited).
The board of directors confirmed that the subsidiary’s stable operations and good credit standing make these guarantees a necessary and reasonable measure, posing no adverse impact on the company or its shareholders. There are no overdue guarantees reported.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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