FilingReader Intelligence
Topstar provides 16m yuan guarantee for subsidiary loan
July 17, 2025 at 05:19 PM UTC•By FilingReader AI
Guangdong Topstar Technology provided a 16.08 million yuan guarantee for subsidiary Dongguan Evo-Mi CNC Equipment Technology's 30 million yuan credit line from China Minsheng Bank. The guarantee covers 53.60% of the credit line, matching Topstar's equity stake.
Topstar's total guarantees now stand at 466.78 million yuan, representing 21.40% of its audited net assets including this transaction.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:300607•Shenzhen Stock Exchange
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