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OFILM Group backs subsidiary's $150m loan from Export-Import Bank

December 17, 2025 at 11:50 AM UTCBy FilingReader AI

OFILM Group announced a new RMB150,000,000 guarantee for its controlled subsidiary, Nanchang OFILM Optoelectronic Technology Co., Ltd. (Nanchang OFILM), for a loan from the Export-Import Bank of China, Jiangxi Branch. This joint liability assurance falls within the previously approved total guarantee limit of RMB724,000,000 for consolidated subsidiaries. Nanchang OFILM's asset-liability ratio stood at 83.06% as of September 30, 2025.

The company's board and shareholders previously approved a total guarantee limit for consolidated subsidiaries not exceeding RMB724,000,000, valid for 12 months from the shareholder approval date. Additionally, a separate guarantee of up to RMB27,837.42 for Anhui Jingzhuo Optoelectronic Technology Co., Ltd. was approved based on OFILM Group's 48.12% stake.

As of the announcement date, OFILM Group's total external guarantee balance for non-consolidated entities, including the current amount, is RMB23,025.33, representing 6.30% of its latest audited net assets. The guarantee balance for consolidated entities reached RMB496,951.41, or 135.88% of its latest audited net assets. The company reported no overdue guarantees or 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

SZSE:002456Shenzhen Stock Exchange

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