FilingReader Intelligence
STO Express renews 2bn yuan franchisee loan guarantees
August 20, 2025 at 11:19 AM UTC•By FilingReader AI
STO Express renewed a maximum guarantee contract with Industrial Bank Shanghai Branch, maintaining a cumulative guarantee limit of 2 billion yuan for "Shensu Express Loan" financing provided to franchisees.
The company's total external guarantee amount stands at 229.8 billion yuan, representing 23.43% of its 2024 audited net assets, with actual outstanding guarantees of 214.3 billion yuan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SZSE:002468•Shenzhen Stock Exchange
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