Visionox secures RMB 800m financing with guarantees

Visionox Technology approved RMB 800 million in guarantees for subsidiary Gu'an Visionox Technology's financial leasing operations with three lessors. The company is providing joint liability guarantees and equity pledges.

This increases Visionox's total guarantees to RMB 1.92 billion, representing 347% of its 2024 net assets.

The subsidiary also secured a RMB 400 million guarantee contract with Jiangsu Bank and signed a patent licensing agreement with SEL for OLED display technology.