FilingReader Intelligence
Hongxin Electron-Tech guarantees hit 320% of net assets
August 14, 2025 at 05:42 PM UTC•By FilingReader AI
Xiamen Hongxin Electron-Tech Group provided RMB 50m in guarantees for two green computing subsidiaries to Shanghai Pudong Development Bank's Lanzhou branch.
The company's total outstanding guarantees now stand at RMB 3.68bn, representing 319.66% of its 2024 audited net assets.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:300657•Shenzhen Stock Exchange
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