Unigroup Guoxin guarantees RMB 2bn subsidiary bank facilities

Unigroup Guoxin Microelectronics approved a guarantee of up to RMB 2 billion for wholly-owned subsidiary Unigroup Tongxin Microelectronics to secure bank credit facilities. The two-year guarantee supports the smart secure chip design company's business development.

The subsidiary reported net profit of RMB 29,299 in 2024 with an asset-liability ratio of 62.38%. Total external guarantees for Unigroup Guoxin and subsidiaries now stand at RMB 4 billion.