FilingReader Intelligence
Maxscend provides 1.45bn yuan guarantees for subsidiary
July 11, 2025 at 11:01 AM UTC•By FilingReader AI
Maxscend Microelectronics provided guarantees totalling 1.45 billion yuan for wholly-owned subsidiary Wuxi Xinzhuo Huguang Semiconductor.
The guarantees include 100 million yuan for ICBC Financial Leasing, 950 million yuan for China Development Bank Jiangsu Branch, and 400 million yuan for Industrial and Commercial Bank of China Wuxi Binhu Branch.
The guarantees fall within the company's approved 2 billion yuan limit.
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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SZSE:300782•Shenzhen Stock Exchange
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