FilingReader Intelligence

East Money unit secures $800m guarantee for bank facilities

November 18, 2025 at 05:15 PM UTCBy FilingReader AI

East Money Information Co., Ltd. announced its wholly-owned subsidiary, Shanghai Tiantian Fund Sales Co., Ltd. ("Tiantian Fund"), has entered into a maximum guarantee contract. East Money will provide a joint and several liability guarantee for Tiantian Fund's obligations to China Industrial and Commercial Bank's Shenzhen Huaqiang Branch, with the maximum principal amount of the guaranteed debt not exceeding RMB 800 million. The guarantee period extends for three years from the maturity or early maturity date of the contract-determined debt, with the agreement signed on November 18, 2025.

This guarantee falls within the scope of authorization granted by East Money's 2024 annual shareholders' meeting, requiring no further board or shareholder approval. The decision follows a resolution passed on April 7, 2025, which permitted the company to provide guarantees for its wholly-owned subsidiary's 2025 bank credit and borrowing, with a maximum total guarantee limit of RMB 200 million. Post-agreement, the remaining available guarantee amount for Tiantian Fund for 2025 is RMB 73 million.

As of the disclosure date, East Money and its controlled subsidiaries have no outstanding external guarantees outside of the consolidated statements. The guarantee balance for controlled subsidiaries is RMB 1.518 billion, representing 1.88% of the company's latest audited net assets attributable to the parent company. There are no overdue or litigious guarantees.

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

News Alerts

Get instant email alerts when East Money Information publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →