FilingReader Intelligence

Lingyi iTech guarantees subsidiary's 1bn yuan loan

August 13, 2025 at 05:17 PM UTCBy FilingReader AI

Lingyi iTech (Guangdong) Company has executed a guarantee contract with Industrial and Commercial Bank of China for its subsidiary Suzhou Lingyu Electronic Technology's financing activities, covering a maximum outstanding balance of 1 billion yuan.

The guarantee period runs from June 2025 to July 2028. Lingyi iTech's total actual guarantee balance has reached 11.4 billion yuan, representing 57.60% of the parent company's net assets as of December 2024.

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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