JSTI Group provides 6.5m yuan in guarantees to subsidiaries

JSTI Group has confirmed providing 6.5082 million yuan in guarantees to its consolidated subsidiaries with an asset-liability ratio below 70%. This action falls within the 21.2922 billion yuan total guarantee limit approved at the 2024 annual general meeting, which includes up to 4.755 billion yuan for subsidiaries with an asset-liability ratio of 70% or more. The guarantees involve various banking partners, including China Merchants Bank Nanjing Branch and Bank of Nanjing.

Specifically, JSTI Group provided multiple guarantees for JSTI Group Testing & Certification Co., Ltd., including 270.69 million yuan with China Merchants Bank Nanjing Branch, 186.14 million yuan with Bank of Nanjing Nanjing Chengbei Sub-branch, and 74.02 million yuan with China Everbright Bank Nanjing Branch. Additionally, JSTI Group guaranteed 119.97 million yuan for Jiangsu Yanning Engineering Consulting Co., Ltd. with China Merchants Bank Nanjing Branch. These guarantees are structured as joint liability assurances.

As of the disclosure date, the cumulative external guarantee balance for JSTI Group's consolidated subsidiaries totals 61.74648 million yuan. This represents 7.34% of the company's net assets from the latest audited period. The company reported no overdue guarantees, guarantees involved in lawsuits, or losses due to adjudicated guarantees.