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Tianma Technology boosts guarantees, reports August eel production

September 13, 2025 at 05:16 AM UTCBy FilingReader AI

Fujian Tianma Science & Technology Group announced an increase in external guarantees for its subsidiaries and downstream customers between August 11 and September 10, 2025. This includes a 40m yuan guarantee for Guangxi Manli Hall Ecological Aquaculture Co., Ltd. through Guangxi Fusui Rural Commercial Bank, an 80m yuan financing lease guarantee for Fujian Sanmao Hall Aquaculture Co., Ltd., and an adjusted 400m yuan guarantee for downstream customers via Ningbo Tongshang Bank. These guarantees, aimed at supporting operational and development needs, leverage authorizations from shareholder meetings in April and May 2025.

As of September 10, 2025, the total external guarantee balance for the company and its subsidiaries reached 2.23bn yuan, representing 99.86% of its latest audited net assets. This comprises 1.46bn yuan for credit guarantees, 133.9m yuan for contract performance guarantees, 461.16m yuan for financing lease guarantees, and 178.26m yuan for downstream customer guarantees. The company reported no overdue guarantees or related litigation.

In a separate announcement, the company disclosed its eel production for August 2025, with an output of 1,062.43 tons. Of this, 653.90 tons were for external sales and 408.53 tons for internal use. The primary size range was 1P-4P, with sales prices between 50,000 and 86,000 yuan per ton. Cumulative eel output from January to August 2025 reached 11,921.59 tons.

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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