FilingReader Intelligence

Tianshui Zhongxing adjusts guarantees, secures new credit line

December 27, 2025 at 05:12 AM UTCBy FilingReader AI

Tianshui Zhongxing Bio-Technology Co., Ltd. has adjusted its external guarantee limits, reallocating RMB 20,000,000 of the guarantee for Shaanxi Zhongxing Gaoke Bio-Technology Co., Ltd. to Jiangsu Zhongxing Youhe Edible Fungi Technology Co., Ltd. This adjustment results in Jiangsu Zhongxing Youhe having a guarantee limit of RMB 130,000,000 and Shaanxi Zhongxing Gaoke having a limit of RMB 60,000,000. Both subsidiaries maintain a less than 70% asset-liability ratio.

Concurrently, the company announced that on December 24, 2025, it signed a guarantee contract with China Construction Bank Co., Ltd. Suining Branch, providing a joint and several liability guarantee of RMB 20,000,000 for Jiangsu Zhongxing Youhe's working capital loan.

Additionally, the company held its fourth extraordinary general meeting for 2025 on December 26, 2025, where shareholders approved the estimated credit line for 2026 and the estimated external guarantee limit for 2026. The external guarantee limit for 2026 was passed, allowing the company to provide external guarantees to its subsidiaries up to RMB 197,000,000.

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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