Ninestar provides 400m yuan guarantees for subsidiaries

Ninestar Corporation will provide guarantees totaling 400 million yuan for two wholly-owned subsidiaries - 100 million yuan for Zhuhai G&G Digital Technology and 300 million yuan for Zhuhai Ninestar Information Technology.

The guarantees with China Communications Bank Zhuhai Branch are valid from July 2025 to June 2026, covering loans, overdrafts and trade financing.

Following these guarantees, Ninestar's total external guarantee amount reaches 7.156 billion yuan, with outstanding guarantees of 1.443 billion yuan representing 14.38% of the company's net assets.