Everwin Precision provides RMB 30m guarantee for subsidiary

Shenzhen Everwin Precision Technology has signed a maximum guarantee contract with China CITIC Bank's Suzhou branch, providing RMB 30 million guarantee for wholly-owned subsidiary Kunshan Jiashuntong Precision Components.

The guarantee falls within the previously approved quota of RMB 6.565 billion for subsidiaries. Kunshan Jiashuntong reported operating income of RMB 30.39 million for the first three months of 2025, with a net loss of RMB 2.25 million.

Everwin Precision's cumulative external guarantee balance was RMB 1.895 billion as of July 21, 2025, representing 23.77% of net assets attributable to shareholders.