EGing Photovoltaic Technology revises articles, guarantees subsidiary financing
EGing Photovoltaic Technology has reported its third-quarter 2025 results and approved several amendments to its Articles of Association, subject to shareholder approval at the Fourth Interim Shareholders' Meeting on November 17, 2025. These revisions include redefining the legal representative, replacing the Supervisory Board's functions with an Audit Committee, and standardizing shareholders' meeting terminology.
Concurrently, EGing Photovoltaic Technology has provided a maximum RMB 200 million guarantee for its holding subsidiary, Changzhou EGing Photovoltaic Technology, to secure a credit line with Jiangsu Bank. This guarantee, extending until September 28, 2026, supports Changzhou EGing's operational needs and falls within the parent company's 2025 authorized guarantee limits. The total outstanding guarantee for Changzhou EGing is RMB 396.9132 million.
As of the announcement date, EGing Photovoltaic Technology's total external guarantees amount to RMB 2,440.6847 million, representing 561.53% of its most recently audited net assets attributable to the parent company. This includes a RMB 796,574,686.00 guarantee for subsidiaries in Chuzhou and Quanjiao, with the remaining guarantees for holding subsidiaries or their sub-subsidiaries. No overdue guarantees were 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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