OFILM Group backs subsidiary with 350m yuan loan guarantee
OFILM Group recently announced a significant external guarantee for its controlling subsidiary, Ofilm Microelectronics (Nanchang) Co., Ltd. The company and China Export-Import Bank Jiangxi Branch entered into a Guarantee Contract, with OFILM Group providing a joint liability guarantee for Ofilm Microelectronics' export seller credit, with a principal amount not exceeding 350,000,000.00 yuan. This guarantee falls within previously approved limits by OFILM Group's shareholders.
Ofilm Microelectronics (Nanchang) Co., Ltd., established on March 31, 2014, is 71.6345% owned by OFILM Group. As of September 30, 2025 (unaudited), Ofilm Microelectronics reported total assets of 473,829.64 million yuan and net assets of 311,466.56 million yuan. For the first three quarters of 2025, its operating revenue reached 282,536.95 million yuan, with a net profit of 16,424.88 million yuan.
As of the current announcement, OFILM Group's cumulative external guarantee total for entities outside the consolidated statements (including this new guarantee) is 27,837.42 million yuan, representing 6.82% of the latest audited net assets. Guarantees for consolidated entities total 724,000 million yuan, with a cumulative balance of 504,350.18 million yuan, representing 137.90% of the latest audited net assets. The company reported no overdue guarantees or guarantee-related litigations.
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 OFILM Group publishes news
Free account required • Unsubscribe anytime