YUTO Technology issues new guarantees to subsidiaries totaling RMB 42.5m
Shenzhen YUTO Packaging Technology Co., Ltd. (YUTO Technology) has provided a series of new guarantees to its subsidiaries, totaling RMB 42,500,000. These guarantees fall under the previously approved RMB 677,009,500 guarantee ceiling from its 2024 annual general meeting.
The guarantees, signed on August 27, 2025, include a RMB 2,500,000 increase for Shenzhen YunChuang Cultural Technology Co., Ltd., bringing its total guaranteed amount to RMB 12,500,000 with China Merchants Bank.
Additionally, YUTO Technology has issued new guarantees through China CITIC Bank for three other subsidiaries. Xuchang YUTO Printing and Packaging Co., Ltd. received an additional RMB 15,000,000 guarantee, increasing its total to RMB 49,100,000. Hefei YUTO Printing and Packaging Co., Ltd. secured a RMB 5,000,000 guarantee, bringing its total to RMB 5,000,000. Chengdu YUTO Printing Co., Ltd. received a RMB 20,000,000 guarantee, pushing its total to RMB 30,000,000.
These guarantees represent 58.96% of the company's 2024 audited net assets. As of July 31, 2025, the actual guaranteed amount for subsidiaries stands at RMB 35,601,570, which is 3.10% of the company's 2024 audited net assets. All guaranteed entities are wholly-owned subsidiaries of YUTO Technology. The company confirmed no external guarantees or overdue guarantee matters as of the disclosure date.
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
News Alerts
Get instant email alerts when Shenzhen YUTO Packaging Technology publishes news
Free account required • Unsubscribe anytime