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Everwin Precision guarantees subsidiary loan of RMB 100m

November 7, 2025 at 08:20 AM UTCBy FilingReader AI

Shenzhen Everwin Precision Technology Co., Ltd. (Everwin Precision) has announced a significant guarantee for its wholly-owned subsidiary, Guangdong Everwin Precision Technology Co., Ltd. The guarantee, signed with Postal Savings Bank of China Co., Ltd. Dongguan Branch, covers a maximum amount of RMB 100,000,000 for financing loans. This action falls within the scope of the previously approved guarantee quota of RMB 656,500,000 for subsidiaries, as authorized by the board of directors and the 2024 annual shareholders' meeting.

As of November 6, 2025, Everwin Precision and its subsidiaries have cumulative actual external guarantees totaling RMB 212,088,590.00. This represents 26.61% of the RMB 797,064,900.00 in equity attributable to the parent company in the most recent audited consolidated financial statements.

The guarantee is a joint and several liability, with a term of three years from the maturity date of the main contract debt. Guangdong Everwin Precision Technology Co., Ltd., established on June 3, 2010, reported total assets of RMB 689,396,220.00 and net profit of RMB -10,216,910.00 for the period January to September 2025. The company confirms no overdue external guarantees or litigation-related guarantee liabilities as of the announcement date.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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