CPT Technology secures $200m financing for subsidiary with parent guarantee

CPT Technology Group announced that its wholly-owned subsidiary, Fujian Huajiacai Co. Ltd., has entered into a financing lease agreement with Shandong Tongda Financial Leasing Co. Ltd. for 200 million yuan over 36 months. The transaction is fully guaranteed by CPT Technology's controlling shareholder, Fujian Provincial Electronics & Information (Group) Co. Ltd., which will receive a guarantee fee of no more than 1.5% per annum based on the actual guaranteed amount and duration. This financing aims to meet Huajiacai's capital needs.

In a related development, CPT Technology Group also provided an update on its short-term borrowings from Fujian Provincial Electronics & Information (Group) Co. Ltd. As of September 19, 2025, CPT Technology Group had fully repaid all outstanding short-term loans from its controlling shareholder, including a final payment of 70 million yuan and interest of 431,300 yuan. This completes the repayment of all related borrowings previously disclosed, demonstrating financial management and stability.

The financing lease for Huajiacai and the parent company's guarantee fall within the scope approved by CPT Technology Group's board and shareholders. For 2025, CPT Technology Group's related party transactions with Fujian Provincial Electronics & Information (Group) Co. Ltd. and its affiliates include 113.33 million yuan in operational transactions, 17.62 million yuan in guarantee fees for external financing, and 648.04 million yuan in short-term fund borrowings, which have now been fully repaid.