Jingxing Paper provides guarantees for subsidiaries' financing

Zhejiang Jingxing Paper Joint Stock has disclosed progress in providing external guarantees. The company signed a guarantee contract with China Zheshang Bank,嘉兴 Branch for JPY 2,500,000, securing a loan for its wholly-owned subsidiary, JINGXING HOLDINGS (M) SDN.BHD. The guarantee period extends from June 25, 2025, to June 24, 2026, with the loan already drawn. Additionally, Jingxing Paper provided a guarantee of JPY 1,800,000 for Pinghu Hongxin Heating Power’s acceptance bill with China Everbright Bank, 嘉兴 Branch. Following these transactions, the company’s total external guarantees amount to JPY 102,320,680.